Session 22 (Val Undergrad): Asset-based and Private company valuation

In this session, we looked at asset based valuation: liquidation valuation, accounting valuation and sum of the parts valuation. Specifically, we focused on when it makes sense to value a company by valuing its assets and what pitfalls to avoid. If you are interested in a more extensive assessment of companies like United Technologies, you may find this reading useful:
papers.ssrn.com/sol3/papers.c...
We then started our discussion of the valuation of private companies by noting how the lack of a market price for a business can affect your valuation in implicit and explicit ways, and then arguing that the value you attach to a private business can depend on why/for whom you are doing the valuation.
Start of the class test: pages.stern.nyu.edu/~adamodar...
Slides: pages.stern.nyu.edu/~adamodar...
Post-class test: www.stern.nyu.edu/~adamodar/p...
Post-class test solution: www.stern.nyu.edu/~adamodar/p...

[@sayantandas5114]

I wish I could listen to your class in person. I wish my MBA classes were adding as much value as these videos do.