The applicability of FCFF method evaluating an enterprise of Real Estate segment

Autor: Vrbka Jaromír, Vitková Pavla
Jazyk: English<br />French
Rok vydání: 2021
Předmět:
Zdroj: SHS Web of Conferences, Vol 91, p 01042 (2021)
Druh dokumentu: article
ISSN: 2261-2424
DOI: 10.1051/shsconf/20219101042
Popis: The article aims at evaluating a specific enterprise of the Real Estate segment using FCFF (Free Cash Flow to Firm) method. This technique determines the company’s value through free cash flows. Enterprise valuation presents a distinct discipline requiring appraiser’s deep understanding not only of the evaluated enterprise but also other external decisive influences. The theoretical part focuses on calculation procedures using The CAPM (Capital Asset Pricing Model) model quantifying separate variables that determine discount rates. The suggested technique deals with specific financial data of the company and is applicable in evaluating small and medium-sized enterprises.
Databáze: Directory of Open Access Journals