Are you curious about valuation techniques used in practice?
An introductory book on corporate valuation that covers key concepts from basics to practical application.

This book is a must-read for anyone seeking employment in the financial sector, whether they're a new employee, a worker studying for a career change or promotion, or an investor struggling to succeed in their investments.
This book, which contains the vivid experiences and practical tips of young financial insiders working in Korea, the US, and Europe, accurately explains what valuation is and guides you to learn the most relevant aspects of the field efficiently and in a short period of time.

This book explains valuation concepts and analysis methods in detail.
In particular, key concepts were supported with various materials to make them easy to understand, and the in-depth and core parts were separated to increase learning efficiency.
Additionally, to help you immerse yourself in the content, the book is structured with examples of doll manufacturers from beginning to end.

Chapter 1 opens the book by discussing the purpose of valuation, examples of successful and failed valuations, and the perspectives of legendary Wall Street investors.
Chapters 2 and 3 explain the basic concepts of accounting and finance, introduce the three major financial statements and their detailed components, and discuss how to deal with some important exceptions.
Chapter 4 explains the multiple techniques most frequently used in valuation, and provides practical examples to help you practice calculating a company's fair value.
Chapter 5 explains DCF and aims to help students acquire practical skills in calculating the fair value of a company through practical examples based on a thorough understanding of the theory.
Finally, Chapter 6 covers the LBO (Leveraged Buyout) technique, a combination of DCF and Multiple, frequently used by private equity funds. This technique explains how private equity funds calculate returns and explore conditions for achieving target returns.

Through this process, you will learn key concepts related to valuation, acquire useful analytical techniques applicable in practice, and ultimately develop a perspective that will serve as a basis for your investment decisions.