This method is a variation of the discounted cash flow method that assumes some minimum desired rate of return. 此方法是贴现现金流方法(该方法假定了一个最小期望回报率)的一个变体。
The contingent claims analytical method as an all new one can overcome the defects of discount cash flow method in a few aspects. 或有要求权的分析方法作为一种全新的方法可以克服折现现金流的方法在某些方面的不足。
The Research of Enterprise's Value Assessment Based on Discounted Free Cash Flow Method 基于现金流量折现法的企业价值评估研究
Costs and returns for orchards at the above densities were examined by the cash flow method of analysis. 上述密植园的成本和收益是用现金周转分析方法决算出来的。
Then, it discusses the four methods of synergy evaluation, pointing out the importance of cash flow method and event-based method in ex-merger and post-merger. 然后,探讨了协同效应评估的四个方法,指出现金流评估法和事件收益模型分别在并购前评估和实证研究中的重要性。
Generally, there are three valuation methods: asset valuation method, market value method and discounted cash flow method. 企业价值的评定一般有净值法、市值法和折现现金流量法三种。
The additional value can be computed by real option theory methods, calculated by improved discounted cash flow method and allocated by specialist marking methods. 并购附加价值分别由实物期权理论方法、由改进的折现现金流法和专家打分法计算和分配。
In the decision process of R& D, Net Cash Flow method is adopted widely. 在R&D决策过程中,现在普遍采用的是净现金流(NetCashFlow,简写为NCF)方法,亦称为净现值方法。
The traditional methods of enterprise valuation are cost method, market method and discounted cash flow method. These methods are useful when valuating the ordinary enterprise. 传统的企业价值评估方法主要有成本法、市场比较法和折现现金流量法,这些方法在评估一般企业时都具有一定的适用性和科学性。
At last, author assess respectively the value of Amazon, com and Sina by modified discounted cash flow method, the result of analysis preliminary verify feasibility of evaluating method. 最后应用修正后的贴现现金流量法对亚马逊公司和新浪公司的价值进行了评估,初步验证了本文评估思路的可行性。
Based on study of the reservoir engineering methods and economic evaluation methods all over the world, two methods of economic recoverable reserves study are enacted: cash flow method and economic limit of water method. 在广泛调研国内外油藏工程方法与经济评价方法的基础上,确定了本次研究经济可采储量的两种方法:现金流法和经济极限含水法。
Finally the author exhaustively introduces free cash flow discount approach of application, and analyses the real example of the listed company in our country finally for freedom cash flow method suitability. 最后笔者详尽介绍了自由现金流折现法的应用,并对自由现金流折现法在我国上市公司中的适用性进行了实证分析。
Reserves value of heavy oil is calculated mainly with cash flow method. 稠油油藏储量价值计算主要采用现金流量法。
The traditional method of evaluating intangible capital is Financial Accounting, including Market Value method, Cash Flow method and Replacement Cost method. 传统的无形资产评估方法一般均为财务会计法,主要有市场价值法、现金流量法和重置成本法3种。
Result Deviation or errors produced from this method is smaller compared with that from cash flow method. 结果该方法应用于某块的经济可采储量计算的结果同现金流量法比较,相对误差较小,完全符合经济可采储量计算的要求。
Research on Business Value Appraisal Method& Discounted Cash Flow Method 企业价值评估方法研究&现金流量贴现法
There are a lot of methods to evaluate enterprise's value at present, such as assets value method, discounted cash flow method, and so on. 目前对企业价值进行评估的方法,主要有资产价值基础法、现金流量折现法、相对比较乘数法等。
Now there are four main methods of company evaluation: Discounted Cash Flow method, Relative Company Evaluation method, Economic Value Added ( EVA) method and Practical Option method. 现行的企业价值评估方法主要有四类:现金流贴现法、相对价值评估方法、经济增加值(EVA)评估方法和实物期权评估方法。
The fifth part is conclusion. Confirm the feasibility of discounted free cash flow method and significance of method improvement, offer suggestion of other deficiency existing. 第五章,得出本文的结论,肯定了自由现金流量折现法的实际可操作性以及模型改良的意义,并对该方法在理论和应用中存在的其他问题提出对策建议。
Chapter 2 briefly reviews the history of development of investment theory, pointing out the limitations of traditional methods of investment decision-making based on Discounted Cash Flow method, and provided a thorough review of the development of real option theory and game options research. 第二章简要回顾了投资理论的发展历史,指出了基于折现现金流方法的传统投资决策方法存在的局限性,全面回顾了实物期权理论的发展和期权博弈的研究现状。
The target enterprise independent value using discounted cash flow method to calculate by real option, strategic value model to calculate. 目标企业的独立价值本文采用现金流量折现法计算;战略价值采用实物期权模型计算。
The R& D investment projects have been proposed for several years. Now, the project value assessment method include: Discounted cash flow method 、 Decision tree 、 Obtain from the right camera analysis 、 and real options. R&D投资项目价值的研究已经被广泛提出,目前的价值评估方法主要有:贴现现金流方法、决策树方法、相机索取权分析法、和实物期权分析方法。
At the option valuation method and discounted cash flow method on the basis of comparison, extraction methods and real options in corporate mergers and acquisitions in the application of value assessment framework, and accordingly high-tech mergers and acquisitions of start-up cases for analysis. 在期权估价法和现金流折现法的比较基础上,引出实物期权方法及其在企业并购中价值评估的应用框架,并据此对初创高科技企业并购案例进行分析。
This thesis applied the classic stock valuation and analysis, the theory of free cash flow method is used, this thesis takes a combination of qualitative and quantitative analysis, in-depth study of the valuation theory, valuation and analysis of Suning stock. 本论文采用经典的股票估值与分析理论,估值方法采用自由现金流量法,通过对估值理论的深入研究,采取了定性分析和定量分析相结合的方法来对苏宁电器股票进行估值与分析。
Secondly, research value assessment theoretically. By analyse and contrast the methods of value assessment, point out the advantage of discounted free cash flow method. 第二章,对价值评估做理论研究,介绍了价值评估相关概念,并对比分析三种主要的价值评估方法,指出自由现金流量折现法的优越性。
After comparative analysis, the discounted cash flow method is chosen to be the tool for determining enterprise value. 在经过比较分析后,本研究选择现金流量折现模型作为企业价值确定的工具。
The case studies show that the value of the company free cash flow method can effectively assess the value of Chinese listed companies 'size and performance. 通过案例分析表明,基于自由现金流量的公司价值分析方法能够有效地评估我国上市公司价值的大小和业绩的好坏。
Thirdly, explain the theory of discounted free cash flow method detailed, including its defect and improvement assumption. 第三章,从理论上详细的介绍了自由现金流量折现法,以及其理论及应用中存在的缺陷和改进设想,为后面的案例分析打下理论基础。
The risk is measured by VaR. The acquisition price determination must be on target enterprise value. There are many valuation methods of target company value, such as asset method, cost method, income and cash flow method. 并购价格的确定必须以对目标企业价值的评估为基础而进行,一般情况下对目标公司的价值估值可以使用多种方法,例如资产法、成本法、收益法和现金流法。
This paper describes the applicationin of the discounted cash flow method in detail, deeply analyses the theory of discounted cash flow model and the problem of parameter selection in the model combined with our corporate and capital markets of the actual situation. 随后本文详细介绍了现金流量折现方法的应用,并结合我国企业和资本市场的实际情况,深入分析了现金流量折现模型的原理及模型中参数选择的问题。