Proceedings of the 2022 2nd International Conference on Economic Development and Business Culture (ICEDBC 2022)

<Previous Article In Volume
Next Article In Volume>

Valuation of Express Delivery Enterprises based on DCF Model - Taking S.F. Holding Co., Ltd. as an Example

Authors
Cong Fang1, *
1College of Foreign Studies, Anhui Normal University, Wuhu, China
*Corresponding author. Email: fancie0804@163.com
Corresponding Author
Cong Fang
Available Online 31 December 2022.
DOI
10.2991/978-94-6463-036-7_206How to use a DOI?
Keywords
DCF model; Express Delivery Enterprise; Valuation; SF Holdings
Abstract

In recent years, the rapid development of the socialist economy has promoted the rise of the express delivery industry, which occupies an indispensable position in the modern service industry. However, there is a relative lack of theoretical and applied research on the valuation of express delivery enterprises. Therefore, this paper first expounds the domestic and foreign literature on the theory of enterprise investment value, and chooses the DCF model to evaluate the value of express delivery enterprises. Secondly, the paper analyzes the development status of the express delivery industry and presents the basic introduction of SF Holding, taking it as an example for empirical analysis. The analysis quotes the financial data from 2015 to 2020, and uses the DCF model to estimate the company’s value in 2020. The results show that it is feasible to apply the DCF model to the valuation of the express delivery industry, which could further improve the valuation system of China’s express delivery industry, and provide decision-making basis for company leaders and investors.

Copyright
© 2022 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Download article (PDF)

<Previous Article In Volume
Next Article In Volume>
Volume Title
Proceedings of the 2022 2nd International Conference on Economic Development and Business Culture (ICEDBC 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
31 December 2022
ISBN
10.2991/978-94-6463-036-7_206
ISSN
2352-5428
DOI
10.2991/978-94-6463-036-7_206How to use a DOI?
Copyright
© 2022 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Cong Fang
PY  - 2022
DA  - 2022/12/31
TI  - Valuation of Express Delivery Enterprises based on DCF Model - Taking S.F. Holding Co., Ltd. as an Example
BT  - Proceedings of the 2022 2nd International Conference on Economic Development and Business Culture (ICEDBC 2022)
PB  - Atlantis Press
SP  - 1391
EP  - 1397
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-036-7_206
DO  - 10.2991/978-94-6463-036-7_206
ID  - Fang2022
ER  -