[管理学]EquityValuatioin.pptVIP

Equity Valuation This chapter will help you to: Calculate the intrinsic value of a firm using either a constant growth or multistage dividend discount model. Calculate the intrinsic value of stock using a dividend discount model in conjunction with a price/earnings ratio. 3. Assess the growth prospects of a firm from its P/E ratio. We start with a discussion of alternative measures of the value of a company. From there, we progress to quantitative tools called dividend discount models that security analysts commonly use to measure the value of a firm as an ongoing concern. Next, we tu