Proceedings of the 2023 3rd International Conference on Enterprise Management and Economic Development (ICEMED 2023)

Application of DCF Model in Enterprise Value Assessment

Authors
Jiaxing Han1, *
1Nanjing University of Information Science and Technology, Nanjing, 210000, China
*Corresponding author. Email: ek804930@student.reading.ac.uk
Corresponding Author
Jiaxing Han
Available Online 23 August 2023.
DOI
10.2991/978-94-6463-224-8_3How to use a DOI?
Keywords
DCF; Enterprise value; FCFF; WACC
Abstract

With the capital market being increasingly open, people’s living standards are being improved day by day. A large amount of capital enters the market, and people’s cognition and demand for investment are becoming more and more urgent. In this context, choosing a scientific method of enterprise value evaluation has become an urgent problem for investors to solve. The retail industry has developed in the market for a long time and is relatively mature. Therefore, the value of many retail enterprises is suitable to be evaluated by the Discount of Cash Flow (DCF) model, so as to provide investors with a more complete investment plan. As one of the most creative retail enterprises in the world, Company A is in good condition and has sustainable operation ability. This paper analyzes the application of the DCF model in enterprise value assessment. The author uses the financial statements of Company A over the years to estimate the free cash flow in the next few years, and the intrinsic value of the company in the next few years can be obtained.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Download article (PDF)

Volume Title
Proceedings of the 2023 3rd International Conference on Enterprise Management and Economic Development (ICEMED 2023)
Series
Advances in Economics, Business and Management Research
Publication Date
23 August 2023
ISBN
10.2991/978-94-6463-224-8_3
ISSN
2352-5428
DOI
10.2991/978-94-6463-224-8_3How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

TY  - CONF
AU  - Jiaxing Han
PY  - 2023
DA  - 2023/08/23
TI  - Application of DCF Model in Enterprise Value Assessment
BT  - Proceedings of the 2023 3rd International Conference on Enterprise Management and Economic Development (ICEMED 2023)
PB  - Atlantis Press
SP  - 12
EP  - 19
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-224-8_3
DO  - 10.2991/978-94-6463-224-8_3
ID  - Han2023
ER  -