The AI Enterprise Value Evaluation Basing On The EVA Model

With the progress and development of science and technology,under the good momentum of the development of global artificial intelligence,artificial intelligence(AI)has developed rapidly,and has increasingly become a new engine leading scientific and technological progress and promoting industrial upgrading.The production and lifestyle of human society will be subversively changed and become the focus of a new round of international competition.China’s AI enterprises have a good momentum of development in the current third wave and are in the leading position in the world.Nowadays,artificial intelligence technology has a rapid impact on human society.In many fields,such as security,finance,education,e-commerce,transportation and so on,artificial intelligence is playing a huge role and has broad prospects.At present,our country is vigorously promoting the transition economy,with the support of national policies,to develop artificial intelligence to the actual top level.The emergence of AI enterprises listing,share allocation,mergers and acquisitions and restructuring has become increasingly frequent.The value of AI enterprises has gradually become a focus of investors’ attention.Whether from the point of view of enterprise merger and reorganization or market investors,it is of great significance to use effective methods to evaluate AI enterprises and make reasonable pricing for target enterprises.This paper uses EVA model and combines the characteristics and value characteristics of AI enterprises to discuss the value evaluation of AI enterprises.By introducing the background,theory and practical significance of the topic,this paper introduces the good momentum of AI development in the world,the necessity and current situation of AI development in China,and the AI industry has been strongly supported by national policies.This paper combs the domestic and foreign literatures with the normative research method,and holds that the evaluation of the value of high-tech enterprises such as artificial intelligence by the theoretical and practical circles is still at the initial stage.There is little research on the evaluation of the value of EVA in the high-tech industry,especially in the high-speed development of AI enterprises.There is little experience in the combination of evaluation theory and practice,and more theoretical aspects are needed.Explore and improve new methods to guide the evaluation in practice.At the same time,the article elaborates the research content,gives the research framework,and explains the research methods,innovations and limitations.This paper analyses the current situation of AI enterprises,including the concept of AI enterprises and the future development direction.Based on the characteristics of AI enterprises,the applicability of traditional evaluation methods is analyzed,and the shortcomings and limitations of the basic methods of asset evaluation in evaluating value of AI enterprises are obtained.Therefore,the EVA valuation model method is introduced.Then the profit model of AI enterprises is analyzed from three levels,and the factors affecting the value of AI enterprises are analyzed based on the profit model of AI enterprises.According to the above theoretical framework and combining the factors affecting the value of AI enterprises with the profit model to guide the value evaluation of AI enterprises-KUST Intelligent Enterprises,the EVA evaluation after adjusting the project is constructed.Value model is applied to case enterprises.In the process of research,the profit model and value influencing factors of KUST Intelligence are taken into account.Through the application research and analysis of KUST Intelligence case,the standard of error rate of valuation results should be less than 10% compared with the market value of enterprises.The error rate between the value of KUST Intelligence Company and the actual market value of the company in December is 3.52%,which was less than the error rate standard of 10% or less between the generally considered valuation result and the enterprise market value,which verified the validity of the EVA valuation method.Sex and applicability,so this method is suitable for AI enterprise value assessment.The innovation of this paper is to improve the accounting adjustment of artificial intelligence when applying EVA model to evaluate the value of artificial intelligence enterprise,so that the calculated EVA can more accurately reflect the business performance of the enterprise.When domestic and international are still limited to the traditional valuation model for artificial intelligence industry evaluation,this paper selects a representative artificial intelligence enterprise based on EVA enterprise value evaluation method to conduct case study,enriching the research system of EVA enterprise value evaluation method.And the application in the actual industry,also provides a model for the application of EVA assessment method in the artificial intelligence industry.