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TK

Tim Koller

Partner at McKinsey & Company and lead author of the firm's valuation textbook.

Valuation: Measuring and Managing the Value of Companies sets out discounted cash flow practice end to end - forecasting, return on invested capital and growth as the two drivers of value, cost of capital, and the treatment of non-operating items - and is the text most corporate finance training runs on. Value: The Four Cornerstones condenses the same framework into the few principles that hold when accounting rules and buyback fashions change.

2 books of their own

Books they wrote 2

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  1. Valuation: Measuring and Managing the Value of CompaniesTim Koller, Marc Goedhart, David Wessels, 1990
  2. Value: The Four Cornerstones of Corporate FinanceTim Koller, Richard Dobbs, Bill Huyett, 2010
Tim Koller, Marc Goedhart, David Wessels · 1990 · The McKinsey standard reference on value creation and ROIC.
Tim Koller, Richard Dobbs, Bill Huyett · 2010 · Shows arithmetically that payout choice alone does not create value.

Tags

mckinseyvaluationdiscounted-cash-flowroiccost-of-capitalcapital-allocationcorporate-finance