Siyaset Ekonomi ve Yönetim Araştırmaları Dergisi

Yazarlar: Hakan BİLİR, İhsan KULALI

Konular:-

Anahtar Kelimeler:Discounted cash flow,Relative valuation,Multiples

Özet: There are numerous ways to value a company. In determining value, there are several basic analytical tools that are commonly used by financial analysts. The two most common valuation methodologies include 1 Discounted Cash Flows, and 2 Relative Valuation Valuation Based on Multiples . In discounted cash flow valuation, the objective is to find the value of assets, given their cash flow, growth and risk characteristics. In relative valuation, the objective is to value assets, based upon how similar assets are currently priced in the market. In this article, we are trying to compare two methods to clarify in which circumstances, financial analysts can use the most appropriate one

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