He is also writing a new book ‘dynamic financial analysis’ – together with Mr Maximilien Van de Vyver – which will be published in late 2024.
The book ‘Business Valuation’ explains how to calculate the value of a company. As always, a valuation starts with the financial analysis of the company’s figures. Therefore, the first part of the book explains how to read financial figures. In this context, the use of the managerial balance sheet is explained to the reader. The second part explains the main valuation methods. Since the “discounted cash flow” is not the only method to value a company, “Economic value added” methods are also explained. Once you have read the book, you will definitely know how to calculate the value of a company.
The book ‘dynamic financial analysis’ explains how to do financial analysis in a dynamic way. Traditional “key performing” indicators such as solvency, liquidity, debt ratio, etc. are meaningless when a company is moving very fast. When companies are in financial difficulty or distress, traditional “key performance” indicators will show the opposite of the real situation. The book is a must-read for anyone interested in finance.