Chapter 3: Every asset has an intrinsic value!

Description: Support session to accompany chapter 3 of the updated version of the Little Book of Valuation, published in March 2024.
Publisher: John Wiley
Amazon link: https://www.amazon.com/Little-Book-Va...
My webpage for the book: https://pages.stern.nyu.edu/~adamodar...

In this session, I look at the steps in intrinsic valuation, starting with cash flows, moving on to costs discount rates (costs of equity and capital) and topping off with growth and forecasts for the future. I use Kraft Heinz in 2022 as my lab experiment to illustrate the process.
KHC valuation: https://pages.stern.nyu.edu/~adamodar...