I基于 EVA 企业价值评估分析——以保利发展控股集团股份有限公司为例摘 要在经济全球化发展进程日益加剧的大环境下,各种企业间经济行为及交易日渐频繁，投资方和企业的管理层更加重视对企业的企业价值评估。在理论的指导和实际应用中，衍生出多种评估企业价值的计算方法。其中，运用 EVA 价值评估模型评估企业价值被多数主流企业采用，其评估的结果能够考核企业的绩效,衡量企业经营者的投资决策是否显现成效及能否为投资者和股东创造价值。本文基于 EVA 价值评估模型的理论及计算方法，并以保利发展为案例分析，依据保利发展控股集团有限公司 2014-2018 年的数据，结合 EVA 价值评估模型计算得出企业价值，并与所查询的当日的收盘价作比较，分析得到保利发展的内在价值被低估的结论，最后，阐述该模型在企业中应用的优势和应注意的问题。关键词：企业价值；EVA 价值模型；保利发展；IIBased on EVA Enterprise Value Assessment Analysis-- A Case Study of Poly Development Holding Group AbstractIn the context of increasingly intensified economic globalization, economic behaviors and transactions among various enterprises are increasingly frequent, and investors and management of enterprises pay more attention to the enterprise value evaluation. In the guidance of theory and practical application, many kinds of calculation methods are derived to evaluate the enterprise value. Among them, EVA value evaluation model is adopted by most mainstream enterprises to evaluate enterprise value. The evaluation results can assess the performance of enterprises and measure whether the investment decisions of enterprise managers are effective and whether they can create value for investors and shareholders.Based on the theory of EVA value evaluation model and calculation method, and with Poly development as the case analysis, according to the development of poly holding group co., LTD. 2014-2018 data, combined with EVA value evaluation model of enterprise value is calculated, and com...
