Essays about: "Discounted cash flow DCF model"

Found 4 essays containing the words Discounted cash flow DCF model.

  1. 1. Intrinsic Equity Valuation : An Emprical Assessment of Model Accuracy

    University essay from Södertörns högskola/Institutionen för samhällsvetenskaper

    Author : Christopher Lehmann; Alexander Alfredsson; [2016]
    Keywords : Equity valuation; Dividend discount model DDM ; residual income valuation RIV model; Abnormal earnings AEG model; Discounted cash flow DCF model;

    Abstract : The discounted cash flow model and relative valuation models are ever-increasingly prevalent in today’s investment-heavy environment. In other words, theoretically inferior models are used in practice. READ MORE

  3. 2. Valuation Using Multiples - Accuracy and Error Determinants

    University essay from Lunds universitet/Företagsekonomiska institutionen

    Author : Johan Lillhage; Daniel Ek; [2012]
    Keywords : Valuation; Multiples; Accuracy; Error Determinants; Discounted Cash Flow model; DCF; Market Efficiency Hypothesis; Mispricing; Panel Data; Market to Book ratio; Firm Size; Volatility; R D.; Business and Economics;

    Abstract : The purpose of this thesis is to investigate how accurate multiple valuations are in relation to the DCF. Furthermore, the accuracy of equity and entity multiples will be compared. Finally, we will try to determine the factors underlying the valuation errors. READ MORE

  4. 3. Real Estate Discounted Cash Flow Model Development and Design : The process of developing a new DCF model at a multinational real estate consultancy

    University essay from KTH/Bygg- och fastighetsekonomi

    Author : Ahmed Fetibegovic; Adam Nilsson; [2011]
    Keywords : Discounted Cash Flow; Jones Lang LaSalle; Valuation Model; Spreadsheet; Appraisal;

    Abstract : Due to increasing skill and awareness of overall functions in programs such as Excel, an increasing number of analysts at real estate firms and consultancies have started developing "desktop" versions of valuation models used for professional appraisal of property value. Due to personal preferences, differences in schools and professional backgrounds, these so called desktop models vary in quality, robustness, accuracy, design and user friendliness. READ MORE

  5. 4. An empirical study of the discounted cash flow model

    University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering

    Author : Martin Edsinger; Christian Stenberg; [2008]
    Keywords : corporate valuation; discounted cash flow model; free cash flow; valuation;

    Abstract : The purpose of this thesis is to compare the practical use of the DCF model with the theoretical recommendations. The empirical study is based on eight different DCF models performed by American, European and Nordic investment banks on the Swedish retail company Hennes & Mauritz (H&M). READ MORE