Aswath Damodaran – Valeant: Information Vacuums, Management Credibility & Investment Value

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In this session, Aswath Damodaran takes a follow-up look at Valeant, after six months of information blackout, management confusion and legal jeopardy. While the company has not released any information since his November 2015 valuation, Damodaran revalues the company to reflect its heightened debt burden and delayed information.

Valeant: Information Vacuums, Management Credibility And Investment Value

Blog Post from November 2015

Blog Post from April 2016

Spreadsheets with valuations:

Valeant, the star (9/2015)

Valeant, the cash cow (11/2015)

Valeant, the dog (April 2015)

Slides

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