TheGoldmanSachsGroup,Inc.EquityValuation–Understandingwhat’simportantNovember200944-20-7552-9454helen.jewell@GS.comHelenJewell,CFAIntroduction•Wearegoingtoconsiderthreeofthemostpopularandeffectivevaluationtools•Returnsbasedanalysis•MultipleAnalysis•DCF•Foreachofthemwearegoingtolookat:•Howtheywork•Whysomeworkbetterthanothers,and.•WhytheyareallsimplydifferentwaysoflookingatthesamethingG...
