Grant explains the pivotal role of EVA in the theory of finance.
An updated look at the role of economic profit analysis in the process of wealth creation
Grant explains the pivotal role of economic value added (EVA) in the theory of finance, how to measure EVA with standard accounting adjustments, how to use EVA to value companies and their stock, and how to use economic profit principles to identify wealth–creating firms, industries, and even market economies.
Table of Contents
Foreword by James A. Abate.
About the Author.
Chapter 1: The EVA Revolution.
Chapter 2: EVA in the Theory of Finance I:
Chapter 3: EVA in the Theory of Finance II:
Chapter 4: Basic Economic Profit.
Chapter 5: Financial Characteristics of
Wealth Creators (and Destroyers).
Chapter 6: Enterprise Valuation I: Free
Cash Flow Model.
Chapter 7: Enterprise Valuation II:
Economic Profit Model.
Chapter 8: Traditional Measures of
Profitability and Success.
Chapter 9: EVA Accounting Adjustments.
Chapter 10: Role of Economic Depreciation.
Chapter 11: Estimating the Cost of Capital.
Chapter 12: Estimating MVA with Published
Chapter 13: Company Analysis Using EVA
Chapter 14: Industry Analysis Using EVA.
Chapter 15: Macroanalysis Using EVA