Keywords
cost of capital
multiplier ratio
capitalization
How to Cite
Abstract
The article indicates the scientific and theoretical aspects of using the method of multiplier coefficients in estimating capital value, focusing on using the EV / S and EV / EBITDA methods of evaluating capital value used in emerging markets countries. In particular, based on data from Qizilqumsement, Kokand Mechanical Plant, Kvarts, Uzmetkombinat from 2015 to 2019, the company's capital value is estimated. In addition, the existing problems in using EV / S and EV / EBITDA methods estimate and identify the value of capital of the joint-stock company. Then, scientific proposals and practical recommendations were developed by the author.
References
https://home.kpmg/de/en/home/insights/2020/10/cost-of-capital-study-2020.html
http://pages.stern.nyu.edu/~adamodar/
Damodaran, A. (2006). Investment Valuation. New York: McGrown-Hill pp-710
Williams, J.B. (1938). The Theory of Investment Value. North-Holland Pub. Co pp-613
Damodaran, A. (2012). Investment valuation: Tools and techniques for determining the value of any asset. Wiley; 3 editions, pp-992
Boatsman, J., and Bakin, E. 1981. Asset valuation with incomplete markets. The Accounting Review, Vol. 56, No. 1, pp.38–53
Kaplan, S.,and Ruback, R. 1995. The valuation of cash flow forecasts: An empirical analysis. The Journal of Finance, Vol. 56, No. 4, pp.1059–1093.
Penman, S. 1998. Combining Earnings and Book Value in Equity Valuation. Contemporary Accounting Research, Vol. 15, No. 3, pp.291-324
Hotchkiss, E. and Mooradian, R. (1998) Acquisitions as a Means of Restructuring Firms in Chapter 11. Journal of Financial Intermediation, vol. 7, issue 3, pp.240-262
Liu, J., Nissim, D., and Thomas, J. (2007). Is Cash Flow King in Valuations? Financial Analyst Journal, Vol 63, Issue 2, pp.56–65.
S. Elmirzayev va boshqalar. Moliya bozori. Darslik. – T.: “Iqtisod-moliya”, 2019. – 324 b.
B.Toshmurodova, S.Elmirzayev, N.Tursunova. Moliyaviy menejment. Darslik. – T.:“Iqtisod-moliya”, 2017. – 325 b.
Р.Карлибаева “Акциядорлик жамиятларида молиявий менежмент тизимини самарали ташкил этиш йўллари” Автореферат, Т,- 2007, бет.1-30
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
Copyright (c) 2022 Economics and education