The Application On The Software Enterprise Value Evaluation On The Basis Of The Discounted Cash Flow Model

With economic development, the software industry in which you play a role in the severity of the situation right.Due to the combination of the financial industry and the software industry,software companies have sprung up rapidly. the economic activities has increased about software companies, such as software company mergers, acquisitions, etc., lead to the assessment of enterprise value become more and more important.Firstly, the significance of business valuation are described in detail, reviewed the status of business valuation study abroad.Secondly, describes the factors affecting the value of the enterprise value is defined and software companies, as well as the software business valuation.The third part of the case study, detailing the assessment methods of choice,the advantages and disadvantages of various assessment methods.Combined with the characteristics of the case,choosing a business discounted cash flow method for ABC Software Technology Co., Ltd. for business valuation, the final results were analyzed to verify the use of sensitivity analysis. The fourth part of the thesis summarized and made inadequate and needs to be improved in this article exist.