The Research Of Construction Of Listed Companie’s Enterprise Evaluation-

Business valuation is the need of socio-economic development is generated in property transactions under increasingly frequent and diverse backgrounds. Business valuation report is the company’s managers or outside investors to set up companies, stock issuance and listing a series of capital investment and financing activities as an important prerequisite for corporate restructuring, mergers, and acquisitions. Under the influence of china ’s rapid economic development and global economic integration background. Equity trading activities mergers and acquisitions, restructuring, venture capital and other buildings between enterprises increasingly frequent, business valuation as these special transactions on the capital market basis and foundation "commodity" pricing of the transaction or matter in which play an increasingly important role.On the basis of the background, theoretical and practical significance, research status on presentation, elaborated China’s construction business valuation of listed companies necessity. Analyzes the key factors that influence the value of building listed companies; comparative analysis of the advantages and disadvantages of the three current mainstream enterprise valuation methods apply internationally as well as specific conditions, combined with the specific circumstances of the building and construction are also listed on the company’s development, and ultimately determine the free cash flow discounting method for assessing enterprise value of construction best practices of listed companies.Finally, the final assessment results and corporate stock prices for comparison, the following conclusions:the discounted free cash flow method is a scientific and effective evaluation methods to assess the value of building listed companies relative, has some practical value for the development and improvement of buildings listed companies business valuation theory and methods played a positive role in promoting.The innovation of this study is, on a theoretical level, to assess the value of listed companies in the construction business theory research, develop and enrich the theoretical construction valuation of listed companies; On a practical level, the choice of Chinese architecture as a case study, from the level of actual cases to verify the discounted free cash flow model of scientific and effective; enterprise valuation of enterprise value as a new management strategy for enterprise managers the opportunity to tap the potential of profitable business, selecting the optimal portfolio improve the comprehensive competitiveness of enterprises to provide a new, scientific and effective management tool.