1、首先，如果我们预计公司所有盈利都以现金股利的方式发放的话（即没有留存收益），这个时候这个股票很...
股利贴现模型,即DDM模型,英文称呼为dividend discount model,是计算公司内在价值的一种方法,是一种绝对估值方法。 股票内在价值可以用股票每年股利(股息和红利)收入的现值之和来评价。 股利是发行股票的股份公司给予股东的回报,按股东的持股比例进行利润分配,每一股股票所分得的利润就是每股股票的股利。如果股东永远持有...
股利贴现模型（Dividend Discount Model, DDM）就是通过公司未来发放的股利之和进行折现计算来评估公司当前...
Dividend Discount Model Calculator - Calculate the value of a stock based on the dividend discount model.
1、理论基础:DDM模型 股利贴现模型(Dividend Discount Model),简称DDM,是其中一种最基本的股票内在价值评价模型。威廉姆斯(Williams)和戈登(Gordon)1938年提出了公司(股票)价值评估的股利贴现模型(DDM),为定量分析虚拟资本
Most models that use dividends in the estimation of stock value use current dividends, some measure of historical or projected dividend growth, and an estimate of the required rate of return. Popular models include the basic dividend discount model that assumes a constant dividend growth, and the...
Dividend Discount Model (DDM) states the intrinsic value of a company is a function of the sum of all the discounted expected dividends.
The growth rate must be less than the discount rate for the dividend discount model to function. If the growth rate estimate is greater than the discount rate the dividend discount model will return a negative value.There are no stocks worth any negative value. The lowest value a stock can ...
Dividend Discount Model (DDM)Suppose we forecast dividends for the coming five years and use an option to close the valuation model. We may do this bec..
The dividend discount model is a more conservative variation of discounted cash flows, that says a share of stock is worth the present value of its future dividends, rather than its earnings. This model was popularized by John Burr Williams in The Theory of Investment Value. Williams wrote his...