Equity valuation: Chine Anke Co., Ltd
Autor(a) principal: | |
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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. |
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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 |
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mluisa.alvim@gmail.com |
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1817546374411976704 |