An Investment Value Analysis Of The Star-Net

As stock market of our country accelerates its pace of opening up to the outside world,value investment era may have arrived.In the future,China's capital market will be transformed from a capital game to an institutional game.The evaluation of the investment value of listed companies will be the core proposition to study and improve the return on investment.Due to the information asymmetry in investment,there is subjective cognitive bias.As an ordinary investor,through the evaluation of the investment value of a company,it can not only improve the company's operating status,competitive advantage,development prospects and intrinsic value in depth-understanding.In the past two years,driven by scientific and technological progress,a new generation of mobile communication technology will be updated every 10 years,and the most popular topic in the communication industry recently is 5G.5G is developing in full swing in China.As the second-tier leading enterprise in the communication equipment manufacturing industry,Star-Net will benefit from the transformation and development of the 5G industry,and its performance is expected to accelerate.Analysis object of this article selected the typical representative of communication industry,Fujian Star-net Communication Co.,Ltd,and integrated the MB A knowledge,analyzed the valuation theory,communication industry,and combined detailed analysis of the Star-Net fundamentals,made the analysis of financial statements,financial analysis index system,this article is trying to effectively predict the future performance of the company base in these analysis.In order to ensure that research can include two aspects of qualitative and quantitative,we combined prediction of Star-Net future business performance,use the discounted cash flow model,and evaluate the Star-Net investment value.Finally,make reasonable valuations for Star-Net,provide reference for small and medium investors'investment decisions.Through the analysis of the valuation,the author thinks that the reasonable value of Star-Net is 20.88-35.62 yuan per share in 2018.And the stock price of Star-Net in the end of 2018 fluctuations in the 17.22 yuan.The price is underestimated.Comprehensive full text analysis,and judgment,combining with the investment criteria,this article recommends investors to buy the Star-Net stock carefully.