A tangled web of values: Enterprise value, Firm Value and Market Cap
aswathdamodaran.substack.com
Investors, analysts and financial journalists use different measures of value to make their investment cases and it is not a surprise that these different value measures sometimes lead to confusion. For instance, at the peak of Apple's glory early last year, there were several articles making the point that
A tangled web of values: Enterprise value, Firm Value and Market Cap
A tangled web of values: Enterprise value…
A tangled web of values: Enterprise value, Firm Value and Market Cap
Investors, analysts and financial journalists use different measures of value to make their investment cases and it is not a surprise that these different value measures sometimes lead to confusion. For instance, at the peak of Apple's glory early last year, there were several articles making the point that