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标题: Reading 60: Equity Valuation: Concepts and Basic Tools-LOS b [打印本页]

作者: 1215 时间: 2011-3-30 11:48 标题: [2011]Session14-Reading 60: Equity Valuation: Concepts and Basic Tools-LOS b

Session 14: Equity Analysis and Valuation
Reading 60: Equity Valuation: Concepts and Basic Tools

LOS b: Describe major categories of equity valuation models.

An equity valuation model that values a firm based on the market value of its outstanding debt and equity securities, relative to a firm fundamental, is a(n):

A)
asset-based model.

B)
market multiple model.

C)
enterprise value model.

An enterprise value model relates a firm’s enterprise value (the market value of its outstanding equity and debt securities minus its cash and marketable securities holdings) to its EBITDA, operating earnings, or revenue.

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