INDICE PART I: BASIC CONCEPTS OF CORPORATE VALUATION. 1. Why Corporate Valuation? 2. A Complete Corporate Valuation for a Simple Company. Appendix 2. Comparing Bond and Stock Valuation Models with the Corporate Valuation Model. PART II: INTERMEDIATE CONCEPTS OF CORPORATE VALUATION. 3. Financial Statements and Free Cash Flow. Appendix 3. Reconciling Free Cash Flow with the Statement of Cash Flows. 4. Estimating the Value of ACME. Appendix 4. Security Valuation. PART III: PROJECTING FINANCIAL STATEMENTS. 5. Projecting Free Cash Flows. 6. Projecting Consistent Financial Statements: The Miracle of Accounting. 7. Multiyear Projections and Valuation. 8. Technical Issues in Projecting Financial Statements and Forecasting Financing Needs. PART IV: VALUING ACTUAL COMPANIES WITH THE CORPORATE VALUATION SPREADSHEET. 9. The Starting Point for Corporate Valuation: Historical Financial Statements. Appendix 9. Why We Condense the Financials. 10. The Condensed Financial Statements and Historical Analysis. Appendix 10. Mapping the Comprehensive Statements to the Condensed Statements: Advanced Issues in Measuring Free Cash Flows. 11. Estimating the Weighted Average Cost of Capital. 12. Projecting Cash Flows for an Actual Company: Home Depot. Appendix 12. Top-Down Analysis. 13. The Valuation of an Actual Company: Home Depot. Appendix 13. The Adjusted Present Value Method.