Its principle is to find the most critical factors (such as net profit, sales revenue, net assets, ebitda, etc. ) Determine the equity value (or company value) of the assessed enterprise, and analyze the relationship between the equity value (or company value) of listed companies similar to the assessed listed companies in business, scale and risk and this factor.
Market value refers to the market value of the company. For example, the total share capital of the company is 1 100 million shares, the registered capital is 1 yuan per share, and there is no debt. At this time, the company's net assets are 1 100 million yuan. If the company goes public and the price of its shares in the stock market is 5 yuan per share, the market value of the company is 5* 1 100 million shares = 500 million yuan. To sum up, the total market value of listed companies is the company's price per stock market * total share capital (the total number of shares of the company).
When a company calculates its net assets, it should include cash, factory buildings, machinery and equipment, etc. Just now, for example, the company's total assets were 1 100 million yuan, equivalent to 1 yuan per share. When the company goes public, each share may be 5 yuan, indicating that the market is willing to use 5 yuan to price the company's assets (transaction) 1 yuan.