... Sheet Models ãDividend Discount Models (DDM)ãPrice/Earnings RatiosãFree Cash Flow Models Models of Equity Valuation INVESTMENTS | BODIE, KANE, MARCUS18-4 Valuation by ComparablesãCompare valuation ... reserved.McGraw-Hill/IrwinCHAPTER 18 Equity Valuation Models INVESTMENTS | BODIE, KANE, MARCUS18-2 Valuation: Fundamental AnalysisãFundamental analysis models a companys value by assessing ... should equal the present value of all expected future dividends into perpetuity.Dividend Discount Models (DDM)( ) ( ) 111332210++++++=kDkDkDVINVESTMENTS | BODIE, KANE, MARCUS18-10Constant...