Professional Documents
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Chapter 8 Stock Valuation
Chapter 8 Stock Valuation
Chapter 8 Stock Valuation
Stock Valuation
Stock Valuation
• Learning Goals
1. Explain the role that a company’s future plays in
the stock valuation process.
2. Develop a forecast of a stock’s expected cash
flow, starting with corporate sales and earnings,
and then moving to expected dividends and
share price.
3. Discuss the concepts of intrinsic value and
required rates of return, and note how they are
used.
• Learning Goals
1. Explain the role that a company’s future plays in
the stock valuation process.
2. Develop a forecast of a stock’s expected cash
flow, starting with corporate sales and earnings,
and then moving to expected dividends and
share price.
3. Discuss the concepts of intrinsic value and
required rates of return, and note how they are
used.