| With the acceleration of the electric transformation of China’s automobile industry,driven by the dual-carbon goal,the market position of new energy vehicles is becoming increasingly significant,and it is bound to develop into a growing and sustainable science and technology emerging industry.Reasonable evaluation of the value of new energy vehicle enterprises is conducive to guiding enterprises and investors to make scientific and reasonable judgments and choices,improving decision-making efficiency,and promoting the sound development of enterprises and the market.By combing domestic and foreign literature,this paper finds that the traditional enterprise value assessment method has certain limitations in the value assessment of new energy automobile enterprises.The enterprise value of new energy vehicles not only includes the explicit value brought by the current enterprise profitability,but also should include the implicit value brought by the uncertainty of future investment.According to the situation of new energy automobile enterprises,the free cash flow model is selected to evaluate the explicit value of the enterprise,and the implicit value of the enterprise is evaluated by combining the real option model optimized by fuzzy mathematics,and the value evaluation model suitable for new energy enterprises is constructed by summarizing and superimposing.This paper takes BAIC Blue Valley as the research object to verify whether the model can better solve the value evaluation problem of new energy automobile enterprises.The results show that the revised fuzzy real option evaluation results are closer to the market value.In this paper,the real option method is modified by fuzzy mathematics,and the defects of enterprise value evaluation are corrected scientifically,so that the evaluation results are closer to the market value.To a certain extent,it enriches the theoretical system of enterprise value evaluation in this industry and has certain guiding significance for practice. |
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