摘要:Enterprises are obliged to practice many strategies to continue their existence in fierce competition environment. Going public,privatization,mergers and acquisitions, taking out loan and portfolio diversification can be counted among these strategies. The most crucial problem which the proprietors and executives face at the actualization point of these operations is to identify the veridical values of the enterprises. At the stage of determining the enterprise value,the formulas used in calculating WACC, CAPM,ROIC and NOPLAT values being hypothetical and lack of widely accepted formulas rarify doing valuation and lead to chaos. Therefore,in the study carried out,it is aimed to indicate how these values will be calculated using actual data.
其他摘要:İşletmeler,yoğun rekabet koşullarında varlıklarını devam ettirebilmek için birçok strateji uygulamak durumunda kalmaktadır. Bu stratejiler arasında halka açılma, özelleştirme,birleşme ve satın almalar,kredi çekme,portföy çeşitlendirme vb. sayılabilir. İşl
关键词:Weighted Average Cost of Capital (WACC);Capital Asset Pricing Model (CAPM);Return of Investment Capital (ROIC);Net Operational Profit Less Adjusted Taxes (NOPLAT);Operating Invested Capital.
其他关键词:Ağırlıklı Ortalama Sermaye Maliyeti (WACC);Finansal Varlıkları Fiyatlama Modeli (CAPM);Yatırılan Sermayenin Getirisi (ROIC);Net Faaliyet Karı (NOPLAT);Faaliyetler İçin Yatırılan Sermaye (FYS).