Research On The Value Evaluation Of PJ Based On EVA

With the rapid development of market economy,market competition is becoming increasingly fierce.How to survive and develop in a fierce competitive environment is a problem faced by many enterprises.In response to this problem,the first thing to note is the correct measure of the value of the enterprise.By evaluating its own value and properly facing its own development strength,we can predict the future development prospect of the enterprise and provide a reliable basis for the formulation of the development strategy for the enterprise.So,how to conduct enterprise value assessment? Based on the traditional income approach,there are many drawbacks to the value assessment system such as the market law.The EVA law came into being.EVA value assessment method compared with the traditional method of value assessment,has a unique assessment advantages.After it deducts the cost of debt capital and the cost of equity capital,it conducts the value assessment so that the result will be more rational and objective.To put it simply,the value of the company is used to judge the business performance of the company and evaluate the value of the company.When this value is greater than zero,it shows that shareholders have gained wealth;when it is less than zero,they represent the shareholders' loss;when the value is equal to zero,the shareholder's investment is in line with the output value.Based on this principle,this article will conduct a study of EVA enterprise value assessment methods.In this paper,the theoretical research and case analysis combined with the PJ company as the research object,EVA method as a means to carry out the following studies for investors reference: First,the first part of this article is an introduction.This paper mainly introduces the research significance and background of EVA method,lists the research status and research methods at home and abroad,combs the development of EVA method in different stages,introduces the concept of EVA and points out the innovation of this article.EVA enterprise value assessment theory overview,explain the related concepts.Mainly includes two aspects,the first aspect is the theoretical summary of enterprise value assessment,mainly introduces the concept,method and theoretical basis of enterprise value assessment.The second part is the theoretical basis of EVA,this part expounds the concept of EVA,accounting adjustment items and calculation methods.The third part introduces the current situation of PJ Company,including the analysis of the current situation and development trend of PJ Company.At the same time,the paper introduces the necessity analysis of EVA value evaluation in PJ Company,and thinks EVA is an effective method to measure the enterprise value of PJ Company.Then analyze the company's environment.The fourth part is based on EVA PJ enterprise value appraisal application.Taking PJ company as an example,EVA value evaluation model is adopted to evaluate the value of the company.Based on the characteristics of PJ company,the PJ company's growth rate in the recent five years can be calculated to get the PJ company's enterprise value data.Finally,Year PJ company's development,for enterprise managers to provide relevant data.The fifth part is the conclusion of research conclusion.Mainly summarize the research results,for the study of the shortcomings and errors are described.