Essays about: "free cash flow to firm"

Showing result 1 - 5 of 19 essays containing the words free cash flow to firm.

1. 1. Predictability of Shareholder Return in Medical Device Companies : Investment Decisions from thePerspective of an Investment Firm

   University essay from KTH/Skolan för industriell teknik och management (ITM)

   Author : Daniel Gröttheim; [2023]
   Keywords : Medical device companies; pre-market approval; total return; abnormal return; stock return prediction; market anomalies; free cash flow yield; efficient markets; financial crisis; investment firm; Medicintekniska företag; förmarknadsgodkännande; totalavkastning; abnorm avkastning; aktieavkastningsförutsägbarhet; marknadsavvikelser; avkastning på fritt kassaflöde; effektiva marknader; finanskris; investeringsföretag;

   Abstract : The medical device industry has seen rapid growth in recent years, and the increasing valuations has caught the attention of investors. Although their growth has outpaced many indices, medical device companies’ reliance on capital to finance research, patents, and clinical testing to reach pre-market approval makes due-diligence and the investment research process especially complex. READ MORE

3. 2. 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

4. 3. Executive Options and Payout Policy in the 21st Century: A Study of Equity Incentives, Corporate Payout Policy, and the Effects of Disclosure Regulation

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Erik Amér; Jack Beckman; [2022]
   Keywords : Executive Equity-Incentives; Stock Options; Payout Policy; Free Cash Flow Problem;

   Abstract : In this paper, we examine the relationships between executive equity-incentives and corporate payout policy. Using data on S&P 1500 firms from 2000 to 2019, we find that firms with higher executive options have lower total payouts, but that this relationship is weaker than found in earlier literature. READ MORE

5. 4. Excess Cash holdings and Acquisitions: A study on Nordic firms

   University essay from Göteborgs universitet/Graduate School

   Author : Hannes Sandström; Lingjun Zhang; [2020-07-08]
   Keywords : Cash holdings; Excess cash; Mergers and acquisitions; Corporate governance; Agency conflicts; Free cash flow theories; Information asymmetries; Cash holding motives;

   Abstract : By adapting a well-recognized model for estimating normal cash holdings, this study examines if Nordic public firms with excess cash have a higher likelihood of performing acquisitions. Given that firms have access to capital markets, firms should be able to fund positive net present value projects regardless of current cash levels. 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