REVENUES AS A SIGNIFICANT VALUE DRIVER OF METALLURGICAL ENTERPRISE

1 PLUNDER Karel
Co-authors:
1 JUŘICOVÁ Anna 2 WALA Aleksander
Institutions:
1 VSB - Technical University of Ostrava, Ostrava, Czech Republic, EU, karel.plunder@gmail.com,anna.juricova@vsb.cz
2 Silesian University of Technology, Gliwice, Poland, EU, aleksander.wala@warido.com
Conference:
24th International Conference on Metallurgy and Materials, Hotel Voronez I, Brno, Czech Republic, EU, June 3rd - 5th 2015
Proceedings:
Proceedings 24th International Conference on Metallurgy and Materials
Pages:
2033-2039
ISBN:
978-80-87294-58-1
ISSN:
2694-9296
Published:
12th January 2015
Proceedings of the conference were published in Web of Science and Scopus.
Metrics:
322 views / 163 downloads
Abstract

Based on the analysis of value drivers, the main aim is to assess whether and to what extent an enterprise creates value for its owners. The value of a metallurgical enterprise in the Czech Republic is usually estimated using an income approach, which is generally based on the capitalization of future benefits (profit or cash flow) arising from the enterprise. The basic drivers of enterprise value include corporate revenues. These can be very hard to predict, especially due to overall development of metallurgical industry when more steel products are imported into the Czech Republic and global manufacturing is dominated by Asian countries. In practice, this causes the decrease in volume contracts for the Czech Republic. Therefore the valuation of metallurgical enterprises becomes even more complicated and more specific. The aim of the article is to try to estimate the viable profit opportunities in such a specific area such as metallurgical production.

Keywords: revenues, value, value drivers

© This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

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