MODELING THE EQUILIBRIUM PRICE OF THE COMPANIES LISTED IN THE PRAGUE STOCK EXCHANGE
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F70883521%3A28120%2F20%3A63525416" target="_blank" >RIV/70883521:28120/20:63525416 - isvavai.cz</a>
Result on the web
<a href="https://acta.mendelu.cz/68/4/0731/" target="_blank" >https://acta.mendelu.cz/68/4/0731/</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.11118/actaun202068040731" target="_blank" >10.11118/actaun202068040731</a>
Alternative languages
Result language
angličtina
Original language name
MODELING THE EQUILIBRIUM PRICE OF THE COMPANIES LISTED IN THE PRAGUE STOCK EXCHANGE
Original language description
Valuation provides proper evidence on the financial situation of the firms. Incorrect valuation delivers wrong signals for the market participants and stands on the concepts of markets with information asymmetry. The study measures the estimated intrinsic value of the selected companies listed in the Prague Stock Exchange. Moreover, the results of the work observe influencing factors that deviate stock prices of the companies listed in the Prague Stock Exchange (PSE) from their estimated intrinsic value. Valuation techniques and Monte Carlo Simulation were employed to detain the estimated intrinsic of the selected companies from the Prague Stock Exchange. The estimated results indicate that Czech listed companies deviate from the intrinsic value in the range of 58% while international companies in the range of 301%. However, the average deviation within market prices and intrinsic value of the companies listed in the PSE was 179%.
Czech name
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Czech description
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Classification
Type
J<sub>SC</sub> - Article in a specialist periodical, which is included in the SCOPUS database
CEP classification
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OECD FORD branch
50206 - Finance
Result continuities
Project
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Continuities
V - Vyzkumna aktivita podporovana z jinych verejnych zdroju
Others
Publication year
2020
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis
ISSN
1211-8516
e-ISSN
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Volume of the periodical
68
Issue of the periodical within the volume
4
Country of publishing house
CZ - CZECH REPUBLIC
Number of pages
9
Pages from-to
731-739
UT code for WoS article
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EID of the result in the Scopus database
2-s2.0-85100163160