Essays about: "Equity discount"

Showing result 1 - 5 of 32 essays containing the words Equity discount.

  1. 1. Relative or Discounted Cash Flow Valuation on the Fifty Largest US-Based Corporations on Nasdaq : Which of these valuation methods provides the most accurate valuation forecast?

    University essay from Linnéuniversitetet/Institutionen för management (MAN)

    Author : Marcus Öhrner; Otto Öhman; [2023]
    Keywords : Discounted Cash Flow; Dividend Discount Model; Earnings Before Interest and Taxes; Earnings Before Interest; Taxes; Depreciation and Amortization; Enterprise Value-to-Earnings Before Interest; Depreciation; and Amortization ratio; Free Cash Flow to Firm; Free Cash Flow to Equity; Mean Absolute Error; Price-to-Earnings Ratio; PricewaterhouseCoopers; Riskless Rate; Root Mean Square Error; Return on Capital; United States; Weighted Average Cost of Capital;

    Abstract : The topic of this Bachelor Thesis is “Which of these valuation methods provides the most accurate valuation forecast”. Assuming that the year is 2020, the goal of this thesis is to forecast the future stock prices of the fifty largest US-based companies on the Nasdaq stock exchange for 2021 and 2022. READ MORE

  3. 2. Discounts, Commitments, and the Attractivity of Rights Offerings: A Swedish Example

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Victor Asp; Alexander Josefsson; [2022]
    Keywords : Seasoned Equity Offering; Rights Issue; Discount; Commitment; Subscription;

    Abstract : We examine the effect of discounts, subscription commitments, and underwriting commitments on the ex-post subscription rate of rights offerings, based on a sample of 164 manually collected rights issues from Swedish stock exchanges in the period ranging from January 1, 2020, to December 31, 2021. Our analysis draws on utility and signaling theory, and our findings determine a statistically significant positive effect of the subscription price discount to the theoretical ex-rights price on the ex-post subscription rate variable which we hold as a proxy for rights offering attractivity. READ MORE

  4. 3. Which Factors and Variables could Explain Discounts and Premiums to Net Asset Value in Real Estate Companies?

    University essay from KTH/Fastighetsföretagande och finansiella system

    Author : Dawid Mlynarczyk; Filip Mehdipoor; [2022]
    Keywords : Discount; Premium; NAV; Listed Real Estate companies; Regression; Substanspremie; Substansrabatt; Substansvärde; Listade Fastighetsbolag; Regression;

    Abstract : There have been previous studies aimed at finding out what factors influence whether a company's shares are trading at a premium or at a discount to its net asset value. Several studies have examined all or large parts of the market but have not at an early stage focused on niche markets. READ MORE

  5. 4. A European CSR study about the deviation of valuation

    University essay from Umeå universitet/Företagsekonomi

    Author : Pontus Persson; Tatiana Dykina; [2021]
    Keywords : “ESG”; “sustainability”; “CSR”; “Market value”; “intrinsic value”; “Beta”; “CAPM”; “Cost of Equity”; “residual earning”;

    Abstract : For the last decades, public authorities and private firms have emphasized their focus on integrating sustainability into corporate disclosure. The shift towards CSR instead of the traditional profit maximization narratives is evident in increased demand among various stakeholders for sustainability awareness. READ MORE

  6. 5. Market valuation : Observed differences in valuation between small and large cap stocks, when Dividend Discount Model and Free Cash Flow to Equity is applied in the Swedish stock market.

    University essay from Jönköping University/IHH, Center for Finance and Governance (CFG)

    Author : Albin Blomberg; [2020]
    Keywords : Market valuation free cash flow to equity FCFE DDM dividend discount model accuracy;

    Abstract : Purpose:This thesis is examining two of the most common valuation methods put into practice on firms of different sizes in order to see if the market capitalization has any impact on said valuations. Relevance: Despite the widespread use of the intrinsic valuation methods both in academia and the professional world the amount of coverage concerning real life usage and analysis seems to be somewhat lacking. READ MORE