Valuation of companies not quoted on the stock market
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Valuation of companies not quoted on the stock market, arch of relatively small sizee have not been studied (evaluated) as compared with other large and quoted companies.
In the present study, and as starting point, we apply the “CVA – Cash Value Added” method particularly adequate for the type of Portuguese (Small) firms. We proceed by performing a sensitivity and simulation analysis, in order to estimate the associated with the previous classic (static) valuation methodology.
This, in our opinion, is another contribution of this research.