Damodaran on Valuation

Damodaran on Valuation is a comprehensive approach to determining a company's worth by analyzing its financial health, growth potential, and market environment. It combines understanding a business’s current performance, estimating future profits, and assessing risks to arrive at an estimated value. The method emphasizes that valuation is as much an art as a science, using systematic methods and judgment to make informed estimates. This approach helps investors and analysts make smarter decisions by offering a structured way to evaluate whether a stock or asset is fairly priced relative to its potential.