Evaluation of companies by revenues methods in the conditions of Slovakia
-
DOIhttp://dx.doi.org/10.21511/ppm.15(3).2017.02
-
Article InfoVolume 15 2017, Issue #3, pp. 16-23
- 842 Views
-
313 Downloads
This work is licensed under a
Creative Commons Attribution-NonCommercial 4.0 International License
Goal of the contribution is to create universal model for evaluation of companies, acting in mining industry in Slovakia. Model is orientated to the companies, acting in mining industry in Slovakia and it consists from several logically relating steps. Also application of suggested process in chosen mining company is made as well as achieved results are mutually compared. Attention is given to the revenue methods with necessity of financial plan, as well as methods that do not demand knowledge of financial plan.
- Keywords
-
JEL Classification (Paper profile tab)C15, G32
-
References10
-
Tables4
-
Figures2
-
- Figure 1. Probability distribution of the resulting value of the company – DCF
- Figure 2. Probability distribution of the resulting value of the company – EVA
-
- Table 1. Comparison of characteristics of distribution of company value – the method of net capitalized revenues
- Table 2. Value of the company – model of constant growth
- Table 3. Value of the company – model of extraordinary growth followed by zero growth
- Table 4. Value of the company – model of extraordinary growth followed by stable growth
-
- Bosakova, L., Kubak, M., Andrejkovič, M., Hajduova, Z. (2015). Doing business abroad: utility function model for country selection in preliminary screening phase. Central European Journal of Operations Research, 23(1), 53-68.
- Copeland, T., Koller, T., Murrin, J. (2000). Valuation Measuring and Managing the Value of Companies. Mc Kinsey & Company, Inc., 3rd edition.
- Čulkova, K., Weiss, E., Mixtaj, L. (2016). Prediction of the financial situation development of mining firm in conditions of Slovak Republic – 2013. Metalurgia International, 18(5), 252-255.
- Damodaran, A., (2010). The Dark Side of Valuation. 2nd edition, p. 417-449.
- Jacks, D. S., Fraser, S., Williamson, J. G., (2009). Commodity Price Volatility and World Market Integration since 1700.
- Kernot, Ch. (2006). Valuing mining companies.
- Kislingerova, E. (2001). Oceňovanipodniku. 2. přepracovane a doplněnevydani. Praha: C. H. Beck. 367 p.
- Tkač, M., Delina, R., Sabolova, M. (2016). Analysis of Request for Proposals in Construction Industry. Quality Innovation Prosperity, 20(1), 104-117
- Vilamova, Š., Kiraly, A., Kozel, R., Janovska, K., Papouše, D. (2015). The use of selected statistical methods as an objective tool of company’s management. In: Production Management and Engineering Sciences, TatranskaŠtrba, High Tatras Mountains, Slovak Republic, 16th-17th, April 2015, pp. 317-320.
- Weiss, E., Čulkova, K., Mixtaj, L. (2013). Comparison of methods, using for evaluation of mining firms in conditions of Slovak republic – 2013. Metalurgia international, 18(10), 105-107.