Essays about: "Gustaf Engellau"

Found 1 essay containing the words Gustaf Engellau.

  1. 1. Mispricing in Financial Turbulence, A study of mispricing in public Nordic real estate companies in the 21st century

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

    Author : Emil Christoffersson; Gustaf Engellau; [2015]
    Keywords : Real Estate; Mispricing; Fundamental Valuation; Value Relevance; PVED;

    Abstract : By using the present value of expected dividends model, reversed engineering and the market capitalizations of 14 public Nordic real estate companies between the years 2000-2009, the study examines the reasonableness of the implied return on equity in steady state. The results show that following the stock crash of 2000 the level of implied return on equity in steady state is below reasonable levels, whereas the period leading up to the financial crisis displays levels above historical precedents. READ MORE