When it comes to making sound financial decisions, understanding various models and formulas can be incredibly helpful. One such model that holds significant importance in finance is the Gordon Growth Model (GGM). In this article, we will delve into the concept of GGM, provide an example to il...
Gordon Growth Model Formula Example of Gordon Growth Model Lesson Summary Frequently Asked Questions What is the dividend growth rate? The dividend growth rate is the percentage of growth of a particular company's dividend over a period of time. This rate is generally calculated on an annual ba...
The Gordon Growth Model – otherwise described as the dividend discount model – is astockvaluation methodthat calculates a stock’s intrinsic value. Therefore, this method disregards current market conditions. Investors can then compare companies against other industries using this simplified model. Myr...
1. Gordon Growth Model Calculation Example In our example scenario, the following assumptions will be used: Model Assumptions Dividends Per Share (DPS) – Current Period: $5.00 Required Rate of Return (ke): 8.0% Expected Dividend Growth Rate (g): 3.0% Based on those assumptions, the company...
戈登模型(Gordon Growth Model,GGM)是一种经典的股票估值模型,由Myron J. Gordon和其他学者一起在1956年发布了该模型。John Burr Williams的著作和他1938年出版的有关投资价值理论的著作对戈登模型的传播产生了深远影响。 该模型根据未来以恒定速率增长的一系列股息来确定股票的内在价值(Intrinsic value)。戈登股利增长...
戈登模型(Gordon Model) 又称为戈登增长模型(Gordon Growth Model)或股息贴现模型(Dividend Discount Model, DDM),是一种用来估算股票内在价值的模型。它假设股息会以一个恒定的比率增长,并用来计算在无限期内可以预期获得的股息现值总和。 麦伦·戈登(Myron J. Go
1.GGM(Gordon Growth Model)戈登股利增长模型 这个方法就是GGM模型的变形的运用,我们先看GGM模型计算内在价值的公式: P0=V0=D1r−g 每股的内在价值等于红利除以要求回报率r与长期盈利增长率g的差 我们把上式稍微变一下形,把要求回报率可以表示出来: ...
Gordon Growth Model Formula – Example #1 Let us take the example of ABC Ltd that has planned to pay out a dividend of $2.00 per share next year and as per the market, the dividend is expected to grow by 6% per year thereafter. Also, the required rate of return of the investor is ...
两大前瞻性工具：Gordon Growth Model与宏观经济模型</ 首先，我们来看一下Gordon Growth Model（GGM），它是股利增长理论的变形应用。GGM的核心公式是：每股内在价值 = 现金分红 / (要求回报率r - 长期盈利增长率g)通过引入资本资产定价模型（CAPM），我们可以计算出权益回报率（ERP），并考虑大盘...
Gordon Growth Model Valuation formula holding that the total return of a stock investment will equal its dividend yield plus its dividend growth rate: R = D/P + G where D is next year's annual dividend; P is the current share price;...