澳洲论文代写:股票评估

22 1月 澳洲论文代写:股票评估

澳洲论文代写:股票评估

本文的目的是首先确定用来进行不同公司的股票评估并确定其内在价值的最佳模型。在这方面,股利贴现模型和自由现金流模型可以用来看哪个模型提供最好的股票价格。当股东向股东分红时使用股息折扣模式,使用简单易行。这很容易理解,如果要求股本回报率和增长率是可以被使用的。其他优点是可以根据不同的增长模式进行修改,并将公司发放的实际股息和现金流量作为股票价格估值的基础。

澳洲论文代写:股票评估
这种模式的缺点是,对于不派发股息的公司,不能使用。另一个缺点是,对于经济增长超过所要求的收益率的公司,这种模式是不能使用的。在自由现金流量方法中,第一个任务是查看可用于股东的自由现金流量,公司可以用来分配股利,然后用这个现金流量来确定股票价格。其优点是,即使公司不派息,自由现金流量也可以作为代理,用来确定股票的内在价格。另一个优势是可以将增长应用于模型,并可以确定股价。

澳洲论文代写:股票评估

The objective of this essay is to first determine the best model to be used in order to carry out stock evaluation of different companies and to determine their intrinsic values. In this regard, the dividend discount model and free cash flow models can be used to see which model provides the best stock price. The dividend discount model is used when a company gives out dividends to its stockholders and is easy and simple to use. It is easily understandable and can be used if required return on equity and growth rate is known. Further advantages are that it can be modified for different growth patterns and uses actual dividends and cash flows given out by the company as the basis for its stock price valuation.

澳洲论文代写:股票评估
The disadvantages of this model are that for companies not giving out dividends, it cannot be used. Another disadvantage is that for companies that experience growth greater than the required rate of return, this model cannot be used. In the free cash flow method, the first task is to see the free cash flow available for equity holders that the company can use to give out dividends and then uses this as the proxy for cash flow to determine stock price. The advantage is that even if a company does not give out dividends, the free cash flow can be used as a proxy and use to determine the intrinsic stock price. Another advantage is that growth can be applied to the model and stock price can be determined.