I estimate BYD’s value at RMB277 per share, implying an upside of 30% from today’s price. This is derived from my DCF-based valuation using a WACC of 9.7% and a terminal growth rate of 3%.
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What Is Risk-Free Rate?
The risk-free rate is the ‘theoretical’ minimum rate of return on investments with no risk.
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Analyzing Liquidity Using Cash Conversion Cycle
Regardless of how profitable a company is, if the business is unable to generate cash to cover its creditors, the company will run the risk of bankruptcy and collapse.
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Currency Hedging Strategies for Companies
Invested Capital Growth is one of the most important forecasts in firm valuation.
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The Significance of Invested Capital Growth
Invested Capital Growth is one of the most important forecasts in firm valuation.
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Issues faced when valuing a declining company
When used to value a declining company, analysts will face special challenges as the characteristics of a declining company will cause some of the valuation model’s assumptions to break down.
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Investment in Commodities
Commodities are alternative investments. They can provide significant benefits to the portfolio’s diversification as well as inflation protection. They can also be used to trade based on the macroeconomic view of traders, such as arbitrageurs or speculators.
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Careers in Finance with Pornphen Chuleeprasert
As a fund manager, always look at the whole picture first before investing in stocks. Before you invest, you have to make sure that your decisions and investment process is correct so that you can make high returns for your investors.
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Careers in Finance with Voragorn Sinlapamongkolkun
Take care of your stakeholders in the industry as a whole, not only in your organization. You have to look forward and try to learn a new thing. If you don’t change yourself something new will change you.
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Value and Growth Investing: Finding the Best of Both Worlds
value investing is an investment strategy that seeks returns through the discovery of undervalued stocks as well as finding a margin of safety.
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