Articles #Hisse Senetleri

There are four different methods I use when valuing a business/company: 1. Discounted cash flow methodology 2. Relative valuation 3. Liquidation value 4. Outright sale Each valuation method has its own pros and cons.

Traditional economics teaches that any asset can be valued solely on fundamental metrics: cash flows, earnings, capital structure, and sales growth are all that matter. But in reality, we can see from today’s markets that this alone is not true. Fundamental analysis does not have a monopoly on valuations, and it constantly enters into a paradoxical state with its stories of expectations. When doing analysis, acting solely on fundamental analysis, without taking into account the principles of “behavioral economics,” may not protect you even in the long run.