3. Applying a Systems Mindset to Stock Valuation

  1. Rawley Thomas and
  2. Benton E. Gup
  1. Bartley J. Madden

Published Online: 6 DEC 2011

DOI: 10.1002/9781118268179.ch3

The Valuation Handbook: Valuation Techniques from Today's Top Practitioners

The Valuation Handbook: Valuation Techniques from Today's Top Practitioners

How to Cite

Thomas, R. and Gup, B. E. (2009) Applying a Systems Mindset to Stock Valuation, in The Valuation Handbook: Valuation Techniques from Today's Top Practitioners, John Wiley & Sons, Inc., Hoboken, NJ, USA. doi: 10.1002/9781118268179.ch3

Publication History

  1. Published Online: 6 DEC 2011
  2. Published Print: 19 OCT 2009

ISBN Information

Print ISBN: 9780470385791

Online ISBN: 9781118268179

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Keywords:

  • stock valuation;
  • net cash receipt (NCR) stream;
  • capital asset pricing model;
  • life-cycle valuation model;
  • reinvestment rates

Summary

This chapter contains sections titled:

  • Choice 1: A Systems Mindset

  • Choice 2: Firms' Competitive Life Cycle

  • Choice 3: Inflation Adjustments and Economic Returns

  • Choice 4: Denominator Depends on the Numerator

  • Choice 5: Insights and Plausibility Judgments

  • Back to the Future

  • Searching for Failures and Successes

  • Conclusion