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Research On Enterprise Equipment Value Evaluation Of Communication Equipment Based On EVA Index

Posted on:2021-01-25Degree:MasterType:Thesis
Country:ChinaCandidate:S W YangFull Text:PDF
GTID:2439330623965646Subject:Asset appraisal
Abstract/Summary:PDF Full Text Request
Value investment is a relatively mature investment concept in the world at present.Rational investors find companies with investment value by estimating the intrinsic value of the company and comparing it with related companies in the same industry.The investors' personal estimation of the internal value of the enterprise mainly comes from the amount of value that the enterprise can create.If the enterprise creates more value,the investors' expectation is high.Therefore,the performance prediction of the enterprise is the primary task of the investors.Once investors raise the valuation of the intrinsic value of the enterprise,this means that the value that the enterprise can create exceeds the investors' expectation.However,when this expectation releases favorable signals to investors,it will attract most investors to pay attention to its internal price,which will inevitably affect its market value.When these factors remain stable,the company's stock price rises and its market value increases.Therefore,in the market where mainstream investment is rational value investment,the ability of value creation determines the intrinsic value of an enterprise.This article is based on the guiding ideology of enterprise value investment.Take the EVA index as the main indicator,combining case analysis and theoretical analysis,focusing on the economic added value(EVA valuation model)in the enterprise value of communication equipment.Firstly,this paper introduces the characteristics of communication equipment enterprises and industry influencing factors,analyzes the characteristics of enterprises and industry influencing factors,and discusses the construction of evaluation model.Through the construction of the evaluation model,this paper analyzes whether EVA model is suitable for the evaluation of communication equipment enterprises,and finally discusses and analyzes the evaluation results in combination with enterprise characteristics and industry influencing factors.Since the theoretical system of value evaluation in China is not perfect,especially the application methods in communication equipment enterprises.Research on EVA value evaluation model is needed,and it can also help investors to improve their decision-making ability.Therefore,the study of EVA value evaluation model in this paper has certain theoretical and practical significance in the communication equipment industry.
Keywords/Search Tags:enterprise value evaluation, Communications equipment enterprises, Economic Value Added
PDF Full Text Request
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