As data access has improved, and our tools get more powerful, valuation practice has devolved into financial modeling, with Excel ninjas viewed as its masters. In this session, presented for analysts at the Motley Fool on March 10, 2022, I start with an overview of value versus price, follow up with the drivers and determinants of value and emphasize how stories hold valuations together. I then use my most general valuation spreadsheet, accessible on my website, to illustrate how past data, industry averages and your company's story get converted to valuation inputs, and how these inputs become value. (I use my Tesla November 2021 valuation to illustrate, but I also have the link for the general spreadsheet, if you want to try your hand at valuation).
(If you have trouble downloading files, switch away from Google Chrome. It seems to be having issues with the NYU server.)
Slides: https://www.stern.nyu.edu/~adamodar/p...
Tesla Valuation (November 2021): https://www.stern.nyu.edu/~adamodar/p...
General spreadsheet (updated through 2022): https://www.stern.nyu.edu/~adamodar/p...
(If you want to know why there is a ginzu in the name, watch the session..)