DCF模型下公司3种价值的估计与比较

The Evaluation of Three Kinds of Values of Corporate in the DCF Model

从企业价值评估的目的和方法出发,引用现金流量估价技术为估价方法,诠释了公司股权价值、并购价值和公司整体价值的内涵和实际演算,比较和分析了3种不同评估价值在实际应用中的异同和联系。

Starting from the targets and methods of corporate value evaluation, and using the cash-flow evaluation technique as the evaluation method, this paper explains the connotations and practical calculations of the equity value, M＆A value and whole value of the corporate, and compares and analylzes the differences and similarities of these three values and the connections among these values in the actual application.