Value Evaluation Of New Energy Vehicle Enterprises Based On Improved EVA Method

With the rapid development of China's economy,the demand for resources has further increased,and the problem of environmental pollution has become increasingly serious.The emergence of clean energy has brought this problem to the environment.As a high-tech enterprise supported by the state,new energy automobile enterprises not only have outstanding innovation capabilities,but also conform to the national sustainable development strategy.Accurately assessing the value of new energy auto companies is conducive to the establishment of a reasonable strategic development plan,which is the support of investors for rational investment activities.This paper analyzes the characteristics of the new energy automobile industry and studies whether the EVA method is applicable to new energy vehicles.The EVA method considers the impact of enterprise R&D innovation on enterprise value,and pays attention to the potential value of the enterprise,which can be used for the valuation research of the new energy automobile industry.In the application process of EVA model,the prediction of growth rate has always been a difficult problem.Based on the theoretical analysis and the periodic characteristics of new energy enterprises,this paper introduces the exit multiple method to improve the EVA model,making the evaluation results more suitable.actual.Through theoretical analysis and empirical research,it is found that the improved EVA method can evaluate new energy auto companies to obtain more accurate enterprise value.At the same time,the article uses the combination of theory and empirical analysis,first analyzes the development of enterprise value theory,and the development status of EVA method at home and abroad.Secondly,it analyzes the development status of new energy automobile industry in China,and analyzes the cost.The characteristics and scope of the law,income method,market method and real option method,the analysis shows that the EVA method is more in line with the characteristics of the new energy automobile industry.At the same time,it is difficult to predict the growth rate during the steady growth phase,and the discount rate prediction is not accurate enough.This paper proposes to replace the value of the stable growth period of the exit multiple method in the stable growth stage of the original model,and determine the equity-to-equity ratio according to the stage financial structure,and calculate the corresponding discount rate according to the weighted average cost-cost model.Use the improved EVA method to evaluate the value of the new energy vehicle company,Desai Battery Co.,Ltd.The evaluation value is compared with the real enterprise value of the enterprise,and the improved EVA valuation method is compared with the traditional valuation method results,and the improvement of the improved EVA method is proposed.In this paper,the improved EVA method is used to evaluate new energy auto companies.The comparative analysis shows that the improved EVA method can accurately evaluate the value of Desai Battery Co.,Ltd.and verify the feasibility of the value evaluation of new energy auto companies based on the improved EVA method.