Concept
Valuation using discounted cash flows
Concepts associés (23)
Valuation using multiples
In economics, valuation using multiples, or "relative valuation", is a process that consists of: identifying comparable assets (the peer group) and obtaining market values for these assets. converting these market values into standardized values relative to a key statistic, since the absolute prices cannot be compared. This process of standardizing creates valuation multiples. applying the valuation multiple to the key statistic of the asset being valued, controlling for any differences between asset and the peer group that might affect the multiple.
Financial forecast
A financial forecast is an estimate of future financial outcomes for a company or project, usually applied in budgeting, capital budgeting and / or valuation. Depending on context, the term may also refer to listed company (quarterly) earnings guidance. For a or economy, see Economic forecast. Typically, using historical internal accounting and sales data, in addition to external industry data and economic indicators, a financial forecast will be the analyst's modeled prediction of company outcomes in financial terms over a given time period.
Valeur de l'entreprise
La valeur de l'entreprise est la valeur des cash flows libres de celle-ci. Cette valeur se calcule comme suit : Valeur de l'entreprise = capitalisation boursière + dette financière nette + intérêts minoritaires + provisions - entreprises associées. Cette donnée ne dépendant que faiblement de la structure du capital, elle permet de comparer des entreprises dont le niveau d'endettement est très différent. Elle se distingue en cela de la capitalisation boursière.