5min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP515: The Little Book of Valuation by Aswath Damodaran

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

How to Value Companies With Intangible Assets

Valuing companies with intangible assets is becoming more and more important today. Many companies are making large investments in intangible assets such as brand name advertising or the development of a specific type of software technology. Azwath says that accounting measures like book value, earnings and capital expenditures for firms with intangible assets are all misleading.

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