Valuation of "Little Giant" Specialized and Sophisticated Enterprises based on the FCFF-BS Model

Honglin Deng; Xinrong Zeng

doi:10.6981/FEM.202506_6(6).0009

Authors

Honglin Deng
Xinrong Zeng

DOI:

https://doi.org/10.6981/FEM.202506_6(6).0009

Keywords:

Specialized; Special and New

Abstract

Combined with the characteristics of high growth, high R&D investment and strong operational flexibility of "little giant" enterprises, the real option theory is introduced on the basis of the traditional income method to construct an evaluation model suitable for "small giant" enterprises, and the existing value and potential value of enterprises are comprehensively considered. Through the analysis of Fuji-ta enterprises, the rationality of the FCFF-BS model on the enterprise valuation of "Little Giant" is verified, which provides a reference for further enriching the enterprise valuation of "Little Giant".

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References

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