We survey 356 valuation experts across 10 European countries with CFA or equivalent designation to gain some insights into their valuation practices. We find that while most experts use both Discounted Cash Flow (DCF) and Relative Valuation (RV) models, their assumptions and estimation methods...

The great economic growth paradox is unveiled, from a sustainable point of view. Whenever r (rent) exceeds g (growth), the socio-economic system reaches the stage (pg) of cyclical crisis; this Sisyphean economic result is caused today by the static interplay of 3 monopolies (1=land value;...

We present a machine learning approach to firm valuation that requires only historical accounting data as input. The machine learning model generates a median absolute percentage error of 17.2% in out-of-sample firm value predictions. The model out-performs a sample of final-year finance...