Reddit reviews Damodaran on Valuation: Security Analysis for Investment and Corporate Finance

Investment Banking: Valuation, Leveraged Buyouts, and Mergers and Acquisitions by Pearl and Rosenbaum.

Damodaran on Valuation: Security Analysis for Investment and Corporate Finance by Damodaran.


Both of these books provide solid walkthroughs of valuation.

If you want the Coles Notes of a simple DCF, here they are:

• Use previous financials to project revenues and expenditures going forward;
  
  
• From that, determine FCF;
  
  
• Determine WACC and use that to discount FCF into the future;
  
  
• If you don't want to forecast into infinity, determine a terminal value using DDM/GGM or some other metric (even BV);
  
  
• Add all discounted FCFs to terminal value to determine value of the business;
  
  
• Or divide by shares outstanding to determine intrinsic share value.
  
  Edit: Apparently Damodaran put that entire text online for free: http://raj.rajaditi.com/finance/corp/pages.stern.nyu.edu/_adamodar/New_Home_Page/valn2ed/book.htm