Reading...
Play button
Play button
Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
5 Cards in this Set
- Front
- Back
|
Wie viele Aktie-Bewertungsmodelle gibt es ? (list 3 Katogori und alle Modelle in denen) ?
|
Cash Flow Modell
1.1--- Dividend Waschstumsmodell 1.2- Free Cash flo Modelle 1.2.1 Free Cash Flow to Equity (FCFE) 1.2.2 Free Cash Flow to Firm (FCFF) 2. Gewinn Basierte Modelle 2.1 Residual Income Valuation 2.2 Economic Value Added (EVA) 3. Price Multliplier Modelle 3.1 PE 3.2 P / BV 3.3 P / Sales Ratio 3.4 Enterprice Value / EBITDA 4. Real Option Modelle |
|
|
how is the Stock Value calculated when dividend , expected return are given ?
|
By discounted back the dividend with expected returns Price = Bigsigma (Dividend(t) / (1 + Er)^t ) t --> 1 .. 00
|
|
|
What is the Problem in Stock Value calculated ?
|
1. Cash Flow (dividend) ?
2. Expected return ? 3. infinity .. ? |
|
|
How Many Methods to calculate Expected returns ?
|
1. CAPM --> r(f) + Marketrisk Premium * Beta(Aktie)
2. DDM --> Dividend(1) / Price + g 3. Bond yield plus risk premium method (BYPRP) --> Verfallrendite (YTM) ein langfristige Anleihe + Eigenkapital Risikoprämie (2% - 3%) |
|
|
what is constant dividend Politic ?
|
?
|
