ACCOUNTING AND NON-ACCOUNTING INFORMATION TO PREDICT THE COMPANY’S MARKET VALUE: AN ANALYSIS OF THE NORTH AND LATIN AMERICAN’S COMPANIES FROM CONSTRUCTION INDUSTRY
DOI:
https://doi.org/10.34629/ric.v5i4.104-123Keywords:
Modelos de Previsão, Valor de Mercado, Setor de Construção, IndicadoresAbstract
This study aims to assess the efficiency of using accounting and non-accounting indicators to measure the market value of North and Latin American public traded companies from the construction industry. The analysis was conducted using moving average of three years of accounting information. The results indicate that some indicators can predict, satisfactorily, the market value of the next two years, with an adjusted R square of 0.56. The most relevant performance indicators were: EBITDA, change in pay out, enterprise value change, change in gross debt over Equity, sales per share, depreciation over fixed assets, gross debt over equity.Downloads
Published
2012-02-12
Issue
Section
Artigos
License
As publicações são cobertas pelos seguintes termos:
- Autores mantém os direitos autorais e concedem à revista o direito de primeira publicação, com o trabalho licenciado sob a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License, que permite o compartilhamento do trabalho com reconhecimento da autoria e publicação inicial nesta revista.
- Responsabilidade dos artigos e resenhas cabe aos autores.
- Nenhum estágio de publicação, avaliação ou submissão envolve transações financeiras.