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STEPHEN H. PENMAN, Financial Statement Analysis and Security Valuation, (New York, NY: McGraw-Hill/Irwin, 2000, 761).
Penman's book is a well-written, comprehensive discussion of techniques to analyze financial statements and estimate values of securities. The book is intended for students or individuals that have had a basic course in finance and financial accounting.
The author develops a conceptual framework to help guide students through the material. Additional, available materials help to supplement the text. This reviewer was not provided with a copy of the Excel(R) spreadsheet application (eVal) for performing comprehensive financial and valuation analyses and thus cannot...