Research On The Application Of Real Option Model In The Valuation Of Environmental Protection Industry Companies

Under the guidance of the "carbon peaking and carbon neutrality goals" policy,environmental protection industry companies actively responded to the country’s call to the road of high-quality development,which stimulated investors’ high investment enthusiasm.The characteristics of weak cyclicality and light assets,as well as the uncertainty,liberalization of free cash flow,and difficulty in finding comparable company valuation difficulties.The traditional valuation method is not high in the valuation application of environmental protection industry companies,making the environmental protection industry.The companies cannot obtain a reasonable and correct valuation,which is not conducive to business management and investors to make scientific and rational decisions,so it is essential to make scientific valuations for environmental protection industry companies.By consulting the literature,comparing the application scope and advantages and disadvantages of each valuation method,combined with the difficulty of valuation difficulties of environmental protection industry companies,obtaining the B-S model in the physical options can better reflect the high growth of environmental protection industry companies,but considering the considering consideration The inherent limitations of the B-S model and the characteristics of environmental protection industry companies have been introduced and adjusted by the EVA model and trapezoidal blur mathematics,and considering the dividend incident in the real stock market,making the valuation model more in line with the real environmental protection industry company in reality.Valuation application.At the same time,the Grandblue Environment is selected as a case company,and the application effect inspection is performed to optimize the physical option model,and the results of the valuation of the reference value after the average of the stock price and the traditional valuation method are compared.The value of the value is the lowest,and the application effect is relatively optimal.This article studies the valuation of environmental protection industry companies based on optimizing the physical option model.The results show that optimizing the physical option model has a high applicability of the valuation of environmental protection industry companies,providing new ideas for reasonable assessment of the value of environmental protection industry companies,broadening the value of environmental protection industry companies,broadening and broadening.The valuation scenario of the physical option model.