‘Present Value’ Techniques of Common Stock Valuation

1961 ◽  
Vol 17 (2) ◽  
pp. 37-42
Author(s):  
Sanford L. Margoshes
2017 ◽  
Vol 4 (2) ◽  
pp. 78
Author(s):  
Muthia Harnida

The approaches of stock valuation can be used by the investor using  the approaches of present value and price earnings ratio. This research is to investigate the effect of fundamental analysis on the stock valuation using the approach of price earnings ratio. The fundamental factor uses some variables such as dividend yield, return on assets, leverage, firm size and growth of earnings per share. The sample is manufacturing companies listed in Indonesian Stock exchange for the period of financial report of 2013 until 2015.            The result indicates that statistically dividend yields, leverage, firm size, and return on assets have significant effect on the stock valuation of price earnings ratio, but  growth of earnings  per share does not affect the stock valuation.


1984 ◽  
Vol 40 (5) ◽  
pp. 49-56 ◽  
Author(s):  
Russell J. Fuller ◽  
Chi-Cheng Hsia

Author(s):  
Pamela P. Drake ◽  
Frank J. Fabozzi ◽  
Glen A. Larsen
Keyword(s):  

Author(s):  
Alfonso A. Rojo-Ramírez ◽  
Maria J. Martínez-Romero ◽  
Teresa Mariño-Garrido

AbstractThe discounted cash flow model (DCFM) views the intrinsic value of common stock as the present value of its expected future cash flows. This paper analyses whether the equity terminal value (EqTV) of the firm calculated by fundamentals is appreciated by the market. It also studies the impact of variations in EqTV and the extent to which the market perceives these variations. Using a sample of 62 Spanish listed companies, this paper shows that EqTV and its variations are positively and significantly correlated with EqTV assigned by the market and its corresponding variations. It therefore corroborates the validity and relevance of the valuation model.


1968 ◽  
Vol 24 (4) ◽  
pp. 107-111
Author(s):  
David K. Eiteman

Author(s):  
Syrgak Kydyraliev ◽  
Anarkül Urdaletova

One of the most widespread problems on a securities market is the problem of definition of an estimated stock value. It is necessary to note, that the stock price as well as the price of any good in the market is defined as the result of supply and demand interaction. Our task is to offer the mechanism, which allows making decision on purchase or sale. For this purpose the method of asset estimation by future cash flows will be used – i.e. we believe that the estimated value of an asset is equal to present value of the future cash flows which are provided by the asset. In our paper we will introduce methods for the valuation of stocks with arithmetic and pseudo-arithmetic growth of dividends.


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