Beyond Earnings

Applying the HOLT CFROI and Economic Profit Framework

Business & Finance, Finance & Investing, Corporate Finance
Cover of the book Beyond Earnings by David A. Holland, Bryant A. Matthews, Wiley
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: David A. Holland, Bryant A. Matthews ISBN: 9781119440529
Publisher: Wiley Publication: December 4, 2017
Imprint: Wiley Language: English
Author: David A. Holland, Bryant A. Matthews
ISBN: 9781119440529
Publisher: Wiley
Publication: December 4, 2017
Imprint: Wiley
Language: English

Beyond Earnings is targeted at investors, financial professionals, and students who want to improve their ability to analyze financial statements, forecast cash flows, and ultimately value a company. The authors demonstrate that reported earnings are easily gamed by accounting shenanigans and reveal how commonly used profitability measures such as return on equity can be misleading.

Because earnings and P/E ratios are too unreliable for valuation, this book takes you beyond earnings and shows you how to apply the HOLT CFROI and Economic Profit framework in a step-by-step manner. A better measure of profitability results in improved capital allocation decisions and fundamental valuations.

This ground-breaking book offers the first practical in-depth discussion of how profitability and growth fade, and shows how to put this information to work right away. The authors introduce their trailblazing Fundamental Pricing Model which includes fade as an adjustable value driver and can be used to value the impact of business model disruption.

As the authors explain, the key to superior stock picking is understanding the expectations embedded in a stock’s price and having a clear view of whether the company can beat those expectations. The HOLT framework has been rigorously field tested for over 40 years by global investment professionals to help them make better stock picks and by corporate managers to understand the expectations embedded in their stock price.

Beyond Earnings is an indispensable guide for investors who want to improve their odds of outperforming the competition.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Beyond Earnings is targeted at investors, financial professionals, and students who want to improve their ability to analyze financial statements, forecast cash flows, and ultimately value a company. The authors demonstrate that reported earnings are easily gamed by accounting shenanigans and reveal how commonly used profitability measures such as return on equity can be misleading.

Because earnings and P/E ratios are too unreliable for valuation, this book takes you beyond earnings and shows you how to apply the HOLT CFROI and Economic Profit framework in a step-by-step manner. A better measure of profitability results in improved capital allocation decisions and fundamental valuations.

This ground-breaking book offers the first practical in-depth discussion of how profitability and growth fade, and shows how to put this information to work right away. The authors introduce their trailblazing Fundamental Pricing Model which includes fade as an adjustable value driver and can be used to value the impact of business model disruption.

As the authors explain, the key to superior stock picking is understanding the expectations embedded in a stock’s price and having a clear view of whether the company can beat those expectations. The HOLT framework has been rigorously field tested for over 40 years by global investment professionals to help them make better stock picks and by corporate managers to understand the expectations embedded in their stock price.

Beyond Earnings is an indispensable guide for investors who want to improve their odds of outperforming the competition.

More books from Wiley

Cover of the book The Promise of the East by David A. Holland, Bryant A. Matthews
Cover of the book Controlling in Zahlen by David A. Holland, Bryant A. Matthews
Cover of the book Fundamental Statistical Inference by David A. Holland, Bryant A. Matthews
Cover of the book Word 2019 For Dummies by David A. Holland, Bryant A. Matthews
Cover of the book Nutrition and HIV by David A. Holland, Bryant A. Matthews
Cover of the book Wound Healing and Skin Integrity by David A. Holland, Bryant A. Matthews
Cover of the book International Neurology by David A. Holland, Bryant A. Matthews
Cover of the book Bonds by David A. Holland, Bryant A. Matthews
Cover of the book Counterparty Credit Risk by David A. Holland, Bryant A. Matthews
Cover of the book Nonlinear Polymer Rheology by David A. Holland, Bryant A. Matthews
Cover of the book The Algebra Teacher's Activity-a-Day, Grades 6-12 by David A. Holland, Bryant A. Matthews
Cover of the book Annual Plant Reviews, Plant Polysaccharides by David A. Holland, Bryant A. Matthews
Cover of the book CBRN and Hazmat Incidents at Major Public Events by David A. Holland, Bryant A. Matthews
Cover of the book The Common Good by David A. Holland, Bryant A. Matthews
Cover of the book Computational Methods for Plasticity by David A. Holland, Bryant A. Matthews
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy