chap012 Equity Analysis and Valuation(财务报表分析台湾中兴大学).pptVIP

Equity Analysis and Valuation 2 2 Earning Power and Forecasting Earning Power Earning power is the earnings level expected to persist into the foreseeable future ? Accounting-based valuation models capitalize earning power ? Many financial analyses directed at determining earning power Earning Power and Forecasting Earning Power Measurement of Earning Power reflects: ? Earnings and all its components ? Stability and persistence of earnings and its components ? Sustainable trends in earnings and its components Earning Power and Forecasting Earning Power Factors in