Research On Enterprise Internal Value Evaluation Based On Fcff Model

With the development of the market economy,managers,investors,and creditors are paying more and more attention to the value of the company.The maximization of the value of the company has become a manifestation of the effective allocation of resources in the capital market,and is also the ultimate goal of the company's financial management activities.There are more and more frequent activities such as restructuring,restructuring,equity transfer,and so on.All these involve the issue of enterprise valuation.The evaluation of enterprise value has become a hot spot in the theoretical and academic circles,and it has also become a difficult point of practical operation.At present,China's enterprise valuation theory is relatively mature and has formed a relatively complete system,but there are still problems in the field of enterprise value evaluation in China,such as the applicability of evaluation methods is not strong and so on.This paper starts from the theory and method of enterprise value assessment,introduces the current research status of domestic and foreign companies' value assessment theory,elaborates on the concept and connotation of corporate value and corporate value assessment,and then analyzes the current mainstream corporate value assessment methods.Based on this,Analyze and compare the evaluation ideas,advantages and disadvantages of each assessment method.Among the many valuation methods of companies,the free cash flow discount method is considered to be more advanced and scientific due to its comprehensive approach,considering the time value of funds and the future development of the company.The method is followed by a brief introduction of the principle of the method,the existing defects,suggestions for improvement,and empirical analysis to verify the feasibility and scientificity of the improved model.