McKinsey & Company's essential guide to corporate valuation returns in its fully updated seventh edition. Based on nearly three decades of expert insight, Valuation offers a clear and practical framework for understanding how to measure and manage the economic worth of companies. With detailed coverage that spans historical analysis, performance forecasting, and cost of capital estimation, this volume equips financial professionals and students alike with the tools to interpret valuation outcomes in context and drive sustainable shareholder value. Revised throughout to address today’s challenges, the book incorporates fresh case studies and new perspectives on topics such as digital innovation, ESG considerations, and long-term investing strategies. This trusted resource continues to deliver a rigorous, step-by-step approach that supports academic study and professional practice, making it an indispensable tool for anyone involved in the art and science of corporate valuation.
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