We started class today by valuing a simple company (Con Ed) with a simple model (stable growth DDM) and how a market crisis can change value (with 3M). We then moved on to with a, model to value an index (the S&P 500). If you are interested in an updated version, where you can change the numbers try this link:
https://pages.stern.nyu.edu/~adamodar...
We also looked at valuing young companies, with the focus on Amazon. If you are interested in how best to adapt valuation models to value companies on the dark side. Specifically, we examined how best to value young companies with limited information. If you are interested, try this paper on valuing young companies:
https://papers.ssrn.com/sol3/papers.c...
I also have a blog post that you may find relevant for today’s discussion on how dilution in future years is already incorporated into value:
http://aswathdamodaran.blogspot.com/2...

Start of the class test: https://pages.stern.nyu.edu/~adamodar...
Slides: https://pages.stern.nyu.edu/~adamodar...
Postclass test: https://www.stern.nyu.edu/~adamodar/p...
Postclass test solution: https://www.stern.nyu.edu/~adamodar/p...