Analysis of Sany Heavy Industry stock value based on FCFF and FCFE model

DOI

10.2991/978-94-6463-042-8_40How to use a DOI?

Keywords

Sany Heavy Industry; FCFF valuation method; FCFE valuation method; stock value

Abstract

The evaluation of stock value is conducive to investors’ scientific analysis and prediction of stock value, and improves the scientificity of investment decisions. Sany Heavy Industry Co., Ltd. is a leading enterprise in China’s construction machinery industry. Evaluating its stock value will help China’s construction machinery enterprises implement strategic management and improve the overall competitiveness of the industry. This paper uses free cash flow model (FCFF) and equity free cash flow model (FCFE) to scientifically evaluate the future income of Sany Heavy industry enterprise assets, discount the future income through a certain discount rate to measure the stock value, and compare it with the current stock price to judge whether the company's stock price is undervalued at present.

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.

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TY  - CONF
AU  - Chongyan LI
AU  - Xiaoling LU
AU  - Xianke LI
PY  - 2022
DA  - 2022/12/29
TI  - Analysis of Sany Heavy Industry stock value based on FCFF and FCFE model
BT  - Proceedings of the 2022 International Conference on mathematical statistics and economic analysis (MSEA 2022)
PB  - Atlantis Press
SP  - 270
EP  - 276
SN  - 2352-538X
UR  - https://doi.org/10.2991/978-94-6463-042-8_40
DO  - 10.2991/978-94-6463-042-8_40
ID  - LI2022
ER  -