Equity valuation: Chine Anke Co., Ltd

Detalhes bibliográficos
Autor(a) principal: Kong Yuejing
Data de Publicação: 2019
Tipo de documento: Dissertação
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10071/19818
Resumo: CHINA VANKE CO., LTD is a property development company operating in a slowdown in the housing market, the competition is highly intensified. Although Vanke is already a property giant in China, the company does not want to be stagnated and it is trying to enter into other business fields. Based on this, the present valuation raises a high value, which is an important indicator to debt holders and investors. The present project aims to make a firm valuation analysis of CHINA VANKE CO., LTD, using the Discounted Cash Flow method to reach the fair value for each share on the December 28th of 2018. The main results show that the company’s shares are priced below its fair value.
id RCAP_3a6fa18bd9bd90f749ed414c87b89397
oai_identifier_str oai:repositorio.iscte-iul.pt:10071/19818
network_acronym_str RCAP
network_name_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository_id_str 7160
spelling Equity valuation: Chine Anke Co., LtdEquity valuationDiscounted cash flowsCHINA VANKE CO., LTD is a property development company operating in a slowdown in the housing market, the competition is highly intensified. Although Vanke is already a property giant in China, the company does not want to be stagnated and it is trying to enter into other business fields. Based on this, the present valuation raises a high value, which is an important indicator to debt holders and investors. The present project aims to make a firm valuation analysis of CHINA VANKE CO., LTD, using the Discounted Cash Flow method to reach the fair value for each share on the December 28th of 2018. The main results show that the company’s shares are priced below its fair value.CHINA VANKE CO., LTD é uma empresa de desenvolvimento de propriedades que opera no mercado imobiliário, mercado este em desaceleração e cuja competição se encontra altamente intensificada. Apesar de a VANKE já ser um gigante de propriedade na China, a empresa não quer estagnar e está a tentar entrar noutras áreas de negócio. Desta forma, a presente avaliação acrescenta um elevado valor, o qual é um importante indicador para os detentores de dívida e investidores. O presente projeto tem como objetivo avaliar a CHINA VANKE CO., LTD, utilizando o modelo Discouted Cash Flow por forma a obter o valor justo para cada ação a 31 de Dezembro de 2018. Os principais resultados mostram que as ações da empresa estão cotadas abaixo do seu justo valor.2020-07-14T00:00:00Z2019-07-15T00:00:00Z2019-07-152019-06info:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisapplication/pdfapplication/octet-streamhttp://hdl.handle.net/10071/19818TID:202263290engKong Yuejinginfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2024-07-07T03:00:37Zoai:repositorio.iscte-iul.pt:10071/19818Portal AgregadorONGhttps://www.rcaap.pt/oai/openairemluisa.alvim@gmail.comopendoar:71602024-07-07T03:00:37Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Equity valuation: Chine Anke Co., Ltd
title Equity valuation: Chine Anke Co., Ltd
spellingShingle Equity valuation: Chine Anke Co., Ltd
Kong Yuejing
Equity valuation
Discounted cash flows
title_short Equity valuation: Chine Anke Co., Ltd
title_full Equity valuation: Chine Anke Co., Ltd
title_fullStr Equity valuation: Chine Anke Co., Ltd
title_full_unstemmed Equity valuation: Chine Anke Co., Ltd
title_sort Equity valuation: Chine Anke Co., Ltd
author Kong Yuejing
author_facet Kong Yuejing
author_role author
dc.contributor.author.fl_str_mv Kong Yuejing
dc.subject.por.fl_str_mv Equity valuation
Discounted cash flows
topic Equity valuation
Discounted cash flows
description CHINA VANKE CO., LTD is a property development company operating in a slowdown in the housing market, the competition is highly intensified. Although Vanke is already a property giant in China, the company does not want to be stagnated and it is trying to enter into other business fields. Based on this, the present valuation raises a high value, which is an important indicator to debt holders and investors. The present project aims to make a firm valuation analysis of CHINA VANKE CO., LTD, using the Discounted Cash Flow method to reach the fair value for each share on the December 28th of 2018. The main results show that the company’s shares are priced below its fair value.
publishDate 2019
dc.date.none.fl_str_mv 2019-07-15T00:00:00Z
2019-07-15
2019-06
2020-07-14T00:00:00Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/masterThesis
format masterThesis
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10071/19818
TID:202263290
url http://hdl.handle.net/10071/19818
identifier_str_mv TID:202263290
dc.language.iso.fl_str_mv eng
language eng
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
application/octet-stream
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron:RCAAP
instname_str Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron_str RCAAP
institution RCAAP
reponame_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
collection Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
repository.mail.fl_str_mv mluisa.alvim@gmail.com
_version_ 1817546374411976704