Case Study Of Enterprise Value Evaluation Based On Discounted Free Cash Flow Method

With the development of society,people's demand for energy is getting bigger and bigger,and traditional energy can no longer satisfy people's daily life.Therefore,all countries in the world have begun to develop new energy sources.The development of new energy directly affects the status of the country in the international arena.Under this background,China has also begun to vigorously develop new energy sources.After China officially joined the World Trade Organization in 2001,China's economy entered a period of rapid development.China's import and export trade has seen an unprecedented growth.Under such economic development,enterprises have to expand their own development.Firmly in the market position,there have been some investment activities such as acquisition and restructuring.Before investing,investors must evaluate the value of the company.As a result,the application of enterprise value assessment begins to become more widespread.The evaluation of corporate value was initially used extensively in assets.With the continuous development of the economy,the market has gradually improved,and many companies began to evaluate the overall value of the enterprise.After years of development,the method of value assessment is more mature than before.Based on the application of enterprise value and the development of new energy,this paper uses the method of discounted free cash flow as the theoretical basis,and combines the theory and practice to conduct a case study of L optoelectronics in the photovoltaic industry,trying to analyze it through this paper.Provide a reference for the evaluation of corporate value.Through the research in this paper,it is found that L Optoelectronics has the risk of overestimating the value of the enterprise,which will increase the market risk of the enterprise.According to the value evaluation results of this paper,feasible suggestions for L Optoelectronics are proposed.This paper is divided into six parts.The first part is the introduction,which is mainly the research background and significance of this paper.The second part is the theoretical overview of enterprise value evaluation;the third part is the analysis of the current situation of L photoelectric;the fourth part is the L photoelectric The analysis of the influencing factors of value assessment;the fifth part is the evaluation of L Optoelectronics value by the free cash flow discount method;the sixth part is the conclusion and suggestion.The case study of this paper from the above six parts through the free cash flow discounting method hopes to provide practical and feasible reference for the research of enterprise value evaluation.