Eres : Digital Library : Works

Paper eres2001_114:
Stock-Market valuation of construction and real estate companies

id eres2001_114
authors Bartual Sanfeliu, Concepción; Caballer, Vicente Moya Ismael
year 2001
title Stock-Market valuation of construction and real estate companies
source 8th European Real Estate Society Conference (26-29 June 2001) Alicante, Spain
summary The aim of this work is to obtain explanatory equations for the stock-market value of construction and real estate companies, using the economic-financial information supplied by the same. Equations of fundamental valuation of construction and real estate companies will be calculated by means of combination of factor analysis of principal components and multiple regression, synthesizing the available information in the market and avoiding the frequent problem of multicollinearity. The contribution of this methodology to companies valuation increases on seeing the difficulties and the lack of precision when applying traditional methods. In this way, besides conventional methods, another additional criterion of valuation of companies is used, being useful in stock-market operations, in processes of concentration or for financial administration of these companies.
keywords Valuation of companies, principal components regression models, construction and real estate companies, stock-market analysis
series ERES:conference
content file.pdf (104,528 bytes)
discussion No discussions. Post discussion ...
ratings
session Some Aspects of Spanish Real Estate Regulation
last changed 2009/07/10 18:07
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