摘要
利用经过修正的上市公司股票内在价值估值模型,研究了我国钢铁行业上市公司的内在价值,结果表明:随着我国钢铁行业上市公司的业绩进入上升通道,可获得的现金红利将是增长的;随着这些上市公司股票价值低估后的价值回归,最终股票价格将大于股票现价,从而其内在价值将明显大于股票现价.因此得出结论:目前我国钢铁行业部分上市公司股票具有投资价值.
Using the modified model for listed company assessments, this paper analyzes the intrinsic value of listed iron and steel companies. With the new run of rapid development of iron and steel industry, these listed companies will have promising earning increase, which lead to steady increase in bonus. Meanwhile, low level of assessments will lead to the future process of regression, the final selling stock prices of these companies will be larger than present prices. Based on the analysis above, we can conclude that currently the intrinsic value of listed iron and steel companies are lager than present prices, which means they have large investment value.
出处
《中南民族大学学报(自然科学版)》
CAS
2006年第4期106-109,共4页
Journal of South-Central University for Nationalities:Natural Science Edition
关键词
投资价值
钢铁行业
景气周期
估值水平
investment value
iron and steel industry
prosperity cycle
assessment level