A Comparison between Discounted Cash Flow and Residual Earning Models for Use in Equity Valuation

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A Comparison between Discounted Cash Flow and Residual Earning Models for Use in Equity Valuation

This paper mainly tries to answer three questions by comparing the discounted cash flow model (DCF) and residual earning model (REM). Firstly, which model will perform better in the valuation of equity? Secondly, how about the robustness of the different model? That is, will they give the same resul...

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Bibliographic Details
Main Author:	Niu, Jie
Format:	Dissertation (University of Nottingham only)
Language:	English
Published:	2005
Subjects:	REM DCF Equity Valuation
Online Access:	https://eprints.nottingham.ac.uk/20093/

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