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  • All HBS Web  (1,553)
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    • Research  (1,303)
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Show Results For

  • All HBS Web  (1,553)
    • News  (103)
    • Research  (1,303)
    • Events  (3)
    • Multimedia  (6)
  • Faculty Publications  (1,134)
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Business Analysis and Valuation Using Financial Statements

By: Suraj Srinivasan
This course provides hands-on experience in financial statement analysis. Students are exposed to tools of financial analysis, theoretical concepts, and practical valuation issues. By the end of the course, students become comfortable with using firms' financial... View Details
  • 1996
  • Book

Introduction to Business Analysis and Valuation

By: Victor L Bernard, Paul M. Healy and Krishna G. Palepu
Keywords: Valuation
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Bernard, Victor L., Paul M. Healy, and Krishna G. Palepu. Introduction to Business Analysis and Valuation. South-Western College Publishing, 1996.
  • 2005
  • Chapter

Valuation Bubbles and Broadband Deployment

By: Thomas R. Eisenmann
Keywords: Valuation; Price Bubble; Technology Industry
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Eisenmann, Thomas R. "Valuation Bubbles and Broadband Deployment." Chap. 4 in The Broadband Explosion, edited by Robert D. Austin and Stephen P. Bradley. Boston: Harvard Business School Press, 2005.
  • July 1981
  • Background Note

Valuation Models: The Key Considerations

By: Jay O. Light
Keywords: Valuation
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Light, Jay O. "Valuation Models: The Key Considerations." Harvard Business School Background Note 281-067, July 1981.
  • March 2002 (Revised April 2002)
  • Background Note

A Note on Pre-Money and Post-Money Valuation (A)

A brief introduction to the calculations inherent in pre-money and post-money valuations at multiple stages of financing. Relies on two different examples to illustrate that valuations can be calculated in a variety of ways, depending on the information provided. A... View Details
Keywords: Valuation; Financing and Loans
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Cyr, Linda A. "A Note on Pre-Money and Post-Money Valuation (A)." Harvard Business School Background Note 802-179, March 2002. (Revised April 2002.)
  • August 2024
  • Case

Intel: Residual Income Valuation

By: Joseph Pacelli
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Pacelli, Joseph. "Intel: Residual Income Valuation." Harvard Business School Case 125-035, August 2024.
  • May 2002
  • Background Note

Project Valuation in Emerging Markets

Reviews the issues managers face when attempting to value projects abroad. These include dealing with multiple currencies, adjusting for country and industry risk, and considering expropriation and devaluation risk. View Details
Keywords: Valuation; Emerging Markets; Projects
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Kennedy, Robert E. "Project Valuation in Emerging Markets." Harvard Business School Background Note 702-077, May 2002.
  • October 2005 (Revised January 2009)
  • Background Note

Corporate Valuation and Market Multiples

By: Timothy A. Luehrman
Provides a basic introduction to the use of market multiples for business valuation. Explains the method's reliance on the Law of One Price, sets forth the basic steps for using the method, and reviews some practical issues arising in its application. View Details
Keywords: Business Ventures; Price; Market Transactions; Mathematical Methods; Valuation
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Luehrman, Timothy A. "Corporate Valuation and Market Multiples." Harvard Business School Background Note 206-039, October 2005. (Revised January 2009.)
  • March 2011
  • Teaching Note

Valuation of AirThread Connections (Brief Case)

By: Erik Stafford and Joel L. Heilprin
Teaching note for case #4263. View Details
Keywords: Present Value; Tax Accounting; Capital Costs; Synergy; Telephony; Wireless Technologies; Assets; Cost of Capital; Valuation; Capital Structure; Cash Flow; Communication; Taxation; Accounting; Wireless Technology
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Stafford, Erik, and Joel L. Heilprin. "Valuation of AirThread Connections (Brief Case)." Harvard Business School Teaching Note 114-264, March 2011.
  • August 2024
  • Supplement

Intel Valuation - Instructor Spreadsheet

By: Joseph Pacelli
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Pacelli, Joseph. "Intel Valuation - Instructor Spreadsheet." Harvard Business School Spreadsheet Supplement 125-709, August 2024.
  • August 2024
  • Supplement

Intel Valuation - Student Spreadsheet

By: Joseph Pacelli
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Pacelli, Joseph. "Intel Valuation - Student Spreadsheet." Harvard Business School Spreadsheet Supplement 125-708, August 2024.
  • March 1993
  • Teaching Note

Note on Cross-Border Valuation (TN)

By: W. Carl Kester
Teaching Note for (9-292-084). View Details
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Kester, W. Carl. "Note on Cross-Border Valuation (TN)." Harvard Business School Teaching Note 293-005, March 1993.
  • April 2013
  • Supplement

Coca Cola Valuation Spreadsheet (CW)

By: Suraj Srinivasan
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Srinivasan, Suraj. "Coca Cola Valuation Spreadsheet (CW)." Harvard Business School Spreadsheet Supplement 113-704, April 2013.
  • June 2005 (Revised November 2006)
  • Background Note

Valuation Methods and Discount Rate Issues: A Comprehensive Example

By: Marc L. Bertoneche and Fausto Federicic
Presents a comprehensive review of the valuation methods based on discounting cash flows or value creation metrics and shows, through simple example and a straightforward "how-to-do" framework, the perfect consistency and identity of their results under similar... View Details
Keywords: Valuation
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Bertoneche, Marc L., and Fausto Federicic. "Valuation Methods and Discount Rate Issues: A Comprehensive Example." Harvard Business School Background Note 205-116, June 2005. (Revised November 2006.)
  • October 1995
  • Exercise

Venture Capital Method - Valuation Problem Set

By: William A. Sahlman and Andrew S. Janower
Presents a short problem set designed as an introduction to the venture capital method of problem solving. View Details
Keywords: Venture Capital; Valuation
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Sahlman, William A., and Andrew S. Janower. "Venture Capital Method - Valuation Problem Set." Harvard Business School Exercise 396-090, October 1995.
  • Article

Brand Values and Capital Market Valuation

By: Mary Barth, Michael B. Clement, George Foster and Ron Kasznik
Brand value estimates are significantly positively related to prices and returns, incremental to accounting variables. Questionable brand value estimate reliability underlies lack of financial statement recognition for brands. Findings suggest estimates are relevant... View Details
Keywords: Brands and Branding; Valuation
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Barth, Mary, Michael B. Clement, George Foster, and Ron Kasznik. "Brand Values and Capital Market Valuation." Review of Accounting Studies 3, nos. 1-2 (1998): 41–68.
  • Article

Valuation Waves and Merger Activity: The Empirical Evidence

By: Matthew Rhodes-Kropf, David Robinson and S. Viswanathan
To test recent theories suggesting that valuation errors affect merger activity, we develop a decomposition that breaks the market-to-book ratio (M/B) into three components: the firm-specific pricing deviation from short-run industry pricing; sector-wide, short-run... View Details
Keywords: Valuation; Mergers and Acquisitions; Forecasting and Prediction; Price; Theory; Behavior
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Rhodes-Kropf, Matthew, David Robinson, and S. Viswanathan. "Valuation Waves and Merger Activity: The Empirical Evidence." Journal of Financial Economics 77, no. 3 (September 2005): 561–603.
  • October 2006
  • Article

Customer Lifetime Value and Firm Valuation

By: Sunil Gupta and Donald R. Lehmann
Keywords: Customers; Value; Business Ventures; Valuation
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Gupta, Sunil, and Donald R. Lehmann. "Customer Lifetime Value and Firm Valuation." Journal of Relationship Marketing 5, nos. 2/3 (October 2006).
  • August 2004 (Revised September 2004)
  • Background Note

Note on Bond Valuation and Returns

All securities can be evaluated based on certain common characteristics: value, rate of return, risk, maturity, and so forth. This case examines how bonds are valued and how their rates of return are computed. It begins with basic definitions and features of... View Details
Keywords: Bonds; Valuation; Investment Return
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Chacko, George C., Peter A. Hecht, Vincent Dessain, and Monika Stachowiak. "Note on Bond Valuation and Returns." Harvard Business School Background Note 205-008, August 2004. (Revised September 2004.)
  • June 1985 (Revised December 2002)
  • Background Note

Basic Ratio Analysis and Equity Valuation

By: David F. Hawkins
Describes the use of common financial ratios to analyze a firm's performance and financial condition. Discusses fundamentals of equity valuation. Based on an earlier note by the same author. View Details
Keywords: Valuation; Financial Condition; Equity
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Hawkins, David F. "Basic Ratio Analysis and Equity Valuation." Harvard Business School Background Note 185-149, June 1985. (Revised December 2002.)
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