Publisher's Synopsis
"Value Sweep" offers a field-testing perspective on how to balance the value of growth from new products and innovations with the value of executing the current business. It presents an innovative valuation methodology that links stock market prices with the valuations of private equity, corporate growth projects and intellectual property. The implementation is straightforward and transparent - the work extends the real options framework to accommodate the most common aspects of growth opportunities.;In addition the book illustrates how growth opportunities converge with established business models and calls for logic, not more rigorous number crunching, to support valuation analysis and makse sense out of the results. The work should provide managers with a base for building intuition about how projected growth translates into value, to that they can use the information to improve their company's ability to make decisions quickly and appropriately. The text also provides analysts with a common sense way to incorporate growth into the popular discounted cash flow model.
