Valuation Workbook: Step-By-Step Exercises and Tests to Help You Master Valuation

The #1 best-selling guide to business valuation, newly updated and revised

Valuation Workbook is the companion book to the eighth edition of McKinsey’s Valuation, the gold standard in measuring and managing valuation for more than 30 years. This workbook has been used by individuals and professors to gain a deeper understanding of valuation.

Called ＂the best practitioners’ guide to valuation＂ by The Financial Times and ＂the most influential contemporary books about the world economy＂ by The Economist, the newly revised eighth McKinsey’s long tradition of excellence. In the book, a team of veteran McKinsey & Company professionals walk you through the foundations of valuation, advanced topics like valuing high-growth companies and digital assets, and managerial topics such as corporate portfolio strategy and acquisitions. You’ll also discover:

• Questions and answers about the content in each chapter
• Best practices to apply valuation to business strategy questions and communicate with investors
• How to analyze and forecast performance, the cost of capital, and put it all together in a coherent valuation

McKinsey & Company has been helping businesses, governments, non-profit organizations and other institutions grow and thrive for almost 100 years . Valuation’s authors draw on that storied history to bring you the most relevant, accurate, intuitive, and practical guide to valuation on the market today.

TIM KOLLER is a McKinsey partner and founder of McKinsey’s Strategy and Corporate Finance Insights team. In his 40 years of consulting, he has served clients globally on corporate strategy and capital markets, acquisitions and divestitures, and resource allocation.

MARC GOEDHART is a senior expert in McKinsey’s Strategy and Corporate Finance practice and an endowed professor of corporate valuation at Rotterdam School of Management (RSM), Erasmus University.

DAVID WESSELS is an adjunct professor of finance at the Wharton School of the University of Pennsylvania. He was named by Bloomberg Businessweek as one of America’s top business school instructors.

MICHAEL CICHELLO is clinical professor in finance at the Smith School of Business at the University of Maryland and Academic Director of the Masters of Finance program.

MCKINSEY & COMPANY is a global management consulting firm. McKinsey combines bold strategies and transformative technologies to help organizations innovate and achieve lasting gains in performance.