Application of residual income model and dividend discount model in valuing stock price of An Phu irradiation joint stock company
Application of residual income model and dividend discount model in valuing stock price of An Phu irradiation joint stock company
In this paper, the author takes the stock APC (AN Phu Irradiation joint-stock company) as an example in using Discounted Dividend Method (DDM) and Residual Income Method (RIM) to estimate the value of the company at the beginning of 2018. The data used to estimatre company’s profit and book value is extracted from audited financial reports from 2013 to 2016.