科达制造基于EVA的企业价值评估

Enterprise Value Evaluation Based on EVA for Kodak Manufacturing

作为中国乃至世界陶瓷机械行业的龙头企业,科达制造公司自上市以来一直受到众多投资者的广泛关注。经济增加值(EVA)是全面评价管理者有效使用资本为企业创造价值的重要指标。本文选取了科达制造2017年~2021近五年的财务数据,利用经济增加值(EVA)估值法评估了其企业价值,并将EVA指标与传统财务指标进行对比,进一步分析产生差异的原因,深入探究企业价值增长的原因和发展中出现的问题,并提出建议与启示。

As a leading enterprise in the ceramic machinery industry in China and even in the world, Keda Manufacturing Company has been widely concerned by many investors since its listing. Economic Value Added (EVA) is an important index to comprehensively evaluate managers’ effective use of capital to create value for enterprises. In this paper, we select the financial data of Kodak Manufacturing in the past five years from 2017 to 2021, use the economic value added (EVA) valuation method to evaluate its corporate value, and compare the EVA indicators with traditional financial indicators to further analyze the reasons for the differences, in-depth exploration of the reasons for the growth of enterprise value and the problems in the development, and put forward suggestions and inspirations.