The comparison of discounted cash flow and real options  methods for business evaluation

The finance, taxes and book keeping
Authors:
Pashkevich Maxim V. Tikhomirov Anton F.
Abstract:

The comparison of discounted cash flow (DCF) and real options (RO) methods within the income approach to business evaluation by example of OJSC «Power machines» is conducted. Advantages of RO method as compared with conventional DCF method are shown.