Title Stock evaluation methods and their applicability in Lithuania ensuring sustainable capital market development /
Authors Kulišauskas, Dovydas ; Galinienė, Birutė
Full Text Download
Is Part of Journal of security and sustainability issues.. Vilnius : Generolo Jono Žemaičio Lietuvos karo akademija. 2015, Vol. 5, no 1, p. 73-86.. ISSN 2029-7017. eISSN 2029-7025
Keywords [eng] stock valuation ; capital market ; discounted cash flow to equity ; economic value added ; sensitivity analysis
Abstract [eng] The article discusses the situation in Lithuania`s stock market, stock valuation methods and their applicability in the capital market. Stock market data reveals that it is still under the development phase and that determines that a few stock valuation methods can be applied for this Baltic country. Statistical data shows that the most suitable valuation methods according to current market conditions are discounted cash flow to equity and equity economic value added methods. These two methods and their variables were analyzed deeply in order to ensure correct, objective and precise valuation and contribute to sustainable development of valuation practice in Lithuania.
Published Vilnius : Generolo Jono Žemaičio Lietuvos karo akademija
Type Journal article
Language English
Publication date 2015
CC license CC license description