Valuation of Business Enterprises
Valuation of Business Enterprises
ABSTRACT
According to Duff & Phelps- Value ("Fair Market Value" or "FMV") is the price at which a propert y would change hands between a willing buyer and a willing seller when the former is not under any compulsion to buy and the latter is not under any compulsion to sell, both parti es having reasonable knowledge of relevant facts. Valuation is the process of estimating the potential market value of a financial asset or liability. Valuations can be done on assets (For example, investments in marketable securities such as stocks, options, business enterprises, or intangible assets such as patents and trademarks) or on liabilities (e.g., Bonds issued by a company. In financial jargon, Valuation of a company means how much a company is worth of. Valuation means the intrinsic worth of the company.
The objective is to Study the basic concepts related to Valuation and to study the major models of valuation. The research methodology used is the data collected from the secondary source that is information from reports, books, e-books and various registered internet
websites which are reliable and reputed and it also includes a case-study on valuation of Genpact. The conclusion is based on three models of valuation in which it states the advantages and limitations of models and the recommendations are that Valuations it is very difficult to advice and suggest and every Company has its own way of valuation and assumptions. The management knows the insight to the company better hence; it is hard to recommend them for future. as it is very critical and vast. The Research studies are too many and each one has its own justification
ACKNOWLEDGEMENT
This dissertation has been a great learning experience for me and I would like to express my gratitude towards all those people who guided me throughout, and without whose guidance and support this dissertation would not have been completed successfully. I express my sincere gratitude to my faculty guide, DR.S.K LAROIYA, for his able and continuous support and cooperation throughout my dissertation, without which the present work would not have been possible. I am also thankful to all my friends who have supported me throughout my work.