DETERMINANTS OF TRANSPORT COMPANY VALUE AND THE SELECTION OF VALUATION METHODS

  • Eva Adámiková Deparment of Communications, The Faculty of Operation and Economics of Transport and Communications, University of Žilina
  • Tatiana Čorejová Deparment of Communications, The Faculty of Operation and Economics of Transport and Communications, University of Žilina
  • Lenka Môcová Institute of Lifelong Learning, University of Zilina
DOI: https://doi.org/10.12955/cbup.v7.1334

Abstract

The development of a company significantly influences its final value. The value of a transport company can be determined for various legal acts, which also influence the selection of valuation methods. The view of the transport company may differ, depending on whether it is seen by investors or the company owners. Methods of evaluating a transport company, but also of all companies in expert practice, usually follow methodological procedures outlined in the legal standards. These methods are based on basic principles, namely the asset principle, the yield principle, the combined principle, and the market principle. These principles also include other methods of determining the company's value. Each method has its own specifics, a modification of only one model parameter changes the entire company value. The aim of this paper is to analyze the input data and their impact on the value of the transport company from the perspective of various methods. The paper shows the impact of the change in the rate of capitalization and g - the sustainable growth rate and the significant impact of the continuing value on the general value of the company.

Published
2019-09-30
Issue
Vol 7 (2019): CBU International Conference Proceedings 2019
Section
Economics and Business
Copyright (c) 2019 Authors

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