Research On The Value Evaluation Of New Energy Vehicle Enterprises

With the continuous improvement of technology in China’s new energy vehicle industry has gradually expanded and getting the popularity of capitalists.Therefore,the value assessment of new energy vehicle companies is an inevitable trend.The main business of NIO is the sales of new energy vehicles.Many investors believe that NIO has unlimited potential to become the future leader of new energy cars.Its market value is underestimated.The article selects NIO Automobile as the case study object.By analyzing the development of the industry and the operation of the company,and combining the main characteristics of the growth trend of new energy vehicles,this paper takes the theory of real options as the theoretical basis for research.A model is established for the sales project of a new energy vehicle model,and the value evaluation of new energy vehicles enterprises is carried out through the real option method.This paper also compares the enterprise value evaluation results under the EVA method,draws relevant conclusions,and expands the application scope of the real options method in the process of using the value assessment.This paper analyzes the characteristics of new energy vehicle enterprises,makes applied research on the evaluation methods used and makes judgments on the development of NIO enterprise.In order to avoid the shortcomings of traditional valuation methods,we optimized it in cash flow forecast,considering accelerating growth rate and adding the sustainable business component,and then combining the analysis results of the EVA model.The results show that before judging the company’s valuation,the future profit level of the enterprise must be fully taken into account,and it is necessary to add correction factors that meet the cash flow characteristics of the new energy vehicle company when predicting the cash flow according to the characteristics and conditions of the company’s industry,so as to finally further improve the evaluation conclusion in investment practice the correctness of the theory.