Relative Valuation Methods in Performing Security Analysis

Autor: Sokol Dema, Eni Arapi, Junxi Lin, Xian Hu
Rok vydání: 2009
Předmět:
Zdroj: SSRN Electronic Journal.
ISSN: 1556-5068
Popis: This project include the following:- Introduction to relative valuation- DCF in brief (definition) and its comparison to relative valuation- Understanding multiples (4-step approach)- Explanation of multiples (with illustration), its intention of usage and, some advantages/disadvantages- Explanation of Current, Trailingand ForwardP/Es multiple- Reconciliation of relative valuation and DCF models- Peer-group construction- Cross-sectional analysis of multiples- Time-series analysis of multiples
Databáze: OpenAIRE