Research On Xi'an Bo - Deep Equity Valuation And Adjustment Scheme

In recent years, with China’s rapid economic development, capital market continues to expand, the emergence of a large number of small and medium-sized enterprises, and the rapid development of all walks of life and growth, wealth effect plus the enterprise investment value and brings, make also obtained the further development of China’s private equity investment. Private equity investment is an equity investment, mainly for the non-listed company and enterprise, is to raise funds through private form, and give it to specialized management institutions to invest or operation, finally obtain investment income. Before making the investment, often need to assess the value of enterprises, after the evaluation, the need to assess the value of adjusted, when the agreement on gambling appeared, the essence of VAM is a valuation adjustment mechanism, which is based on the two sides to bet enterprise expected not to gamble with the.At first, this paper will be based on three kinds of enterprise value assessment methods are simply introduced and its applicability and limitation of judgments, through the above selected appropriate valuation methods for xi ’an Boshen (called the xi’an Boshen coal mine safety technology co., LTD.) to evaluate, this paper will use two methods to evaluate the value of the company, namely using income method and market method and income method is mainly used in DCF model, marketing reference enterprise comparison method is used in the horizontal comparison.Secondly, for the company’s ownership structure, management team, development history, financial situation and operation situation, such as industry development prospects are made a detailed investigation and study, finally using DCF model model measure within three years of earnings, and according to the predicted value. At the same time, in the capital market industry listed companies, the company selected reference for these companies to detect the assessment of the value of equity value, the company will evaluate the value of the two methods for reference, a reasonable valuation results are obtained.Third, adjust the equity valuations of results obtained from the above, the introduction of bet agreement, will bet on agreement with the former two methods of valuation of combined assessment value adjustment scheme design, and puts forward the risk of equity valuation based on bet agreement and its control.