The Company Valuation Playbook: Invest with Confidence

This is a very insightful book for all those who want to know about company valuations. Whether learning to invest, trade or better analyse companies, this book contains all the building blocks. And being so concise, this book is definitely the first one you should read.Especially for students and early career professionals who want to develop their understanding, this book helps develop a great framework for decision making process around analysing companies. After reading this book, you'll have a much much better idea of what to look out for.Mr. Charles has used simple language and explained everything in a way hat any person, with or without knowledge of basic finance, can really absorb the content and further their understanding. The book contains relevant figures, formulas, graphs and charts to aid the understanding. Moreover, the examples used are from companies that are part of our daily life so the readers can very much relate to the content being discussed. Every chapter starts with a quote that captures the essence of the content and ends with a concise summary that helps readers make the most out of their study.In short, I will recommend this book to 1)- All high school/college students looking to study finance 2)- All university students interested in finance careers 3)- Everyone interested in investing, trading or analysing companies

Much is written about the merits of value investing but it is hard to find out how to actually value a company or a business. This books digs deep into the fundamentals without getting too complicated. I know I will find it very helpful.

The book is well written, has excellent explanations and helpful illustrations. Would highly recommend to anyone considering a career in finance

Thoroughly enjoyed reading this book to remind me of the fundamentals of corporate performance and how to rationally and comprehensively analyse corporate valuations. Would not hesitate to give it to any young ( or old) person starting to show an interest in investing / building a portfolio of equities. It will not only give them a great platform to make sound investment decisions but also real confidence in discussing their investments with any seasoned - or claiming to be seasoned - investor. Well done.

This book gives an overview of qualitative and quantitative approaches how to value a company. It describes the fundamentals of intrinsic and relative valuations. It finishes of with “special valuation situations” for leveraged buyouts, merger and acquisitions and early start-up valuations. Not sure whether the target audience (i.e. non-professionals) can make much use of it.What is really missing from this book is a concrete example because I believe the reality is a lot more complicated compared to the impression you get once you have read this book. It would be useful if it took a real-world report from a company and derived a valuation model.Otherwise, if one wanted to develop a DCF model, how does one actually project the cash flows? The author spends a lot of time explaining how to derive the discount factor but nothing is said about the projection other than one could use past trends to predict the future. Again, I believe the reality is more complicated.Therefore, I think this book is not that useful for a novice investors and professionals don’t learn anything new.

As a novice investor, I purchased this book as it looked like a great option to arm me with some solid practical knowledge to have more meaningful and informed discussions with my advisor over in the USA regarding my portfolio. The book arrived today and its layout is pleasant and it looks very well organized - I will update this review once I give it a read, for the benefit of those of those of whom, like myself, are new to investing.

This book was originally intended to help the aspiring young stock analyst: but has ended up as important reading for a much wider audience – anyone with a few pounds to invest who wants to improve their chances of success. The book focusses on the underlying fundamentals which drive value rather than the intermediate tax structures promoted by the financial services industry. It will help readers gain the confidence to make their own investment decisions in a clear headed manner.

Teaches the basics of company valuation well. Read with a computer with Excel loaded nearby as you'd want to go through some of what you're reading. Could have been a bit more comprehensive.

Disappointed. But will keep the book. Sir, Please include 1 or 2 samples per method in Excel with the Formulas and the Formulas explained clearly or this book is completely useless