2016 2017 DW Trading Value (Mil. THB) Index DW Trading Value (Mil. THB) Recall: Option price consists of 2 components. Intrinsic value + Time (betting) value 5 Factor Calls Puts Note Asset price (S

and David Dodd in 1934 • Finding price-intrinsic value discrepancies in the market • Various price-based ratios and future stock returns ⋄ Earnings-to-price ratio (Basu, 1977) ⋄ Dividend-to-price ratio

intrinsic value of the assets and business based on historical and potential earnings and cash flow of the business. It has been valued by a range of valuation methods including relative valuation as

negotiation between the Company and the Seller and took into account the fundamental intrinsic value of the assets and business based on historical and potential earnings and cash flow of the business. It has

with our counterparts within these companies, which leads to more opportunities to discuss the At T. Rowe Price, engagement, proxy voting activities and assessment of a broad range of investment

indices 38,314 Stock sector = broad 19,603 Style = broad 12,492 Return = total return 7,530 Unique name (e.g. FX classes) 2,446 Deduct: missing data (184) Final sample 2,262 n = 2,262As of 19 Mar 2015 S tr

principles for governments to follow in developing their regulatory frameworks, recognising the importance of supervisory, regulatory and enforcement authorities in ensuring effective implementation. Broad

profits in 2017 and 2018 until the third installment ended March 31, 2019, causing the Discounted Cash Flow method does not show the intrinsic value of NINE. The source of the total number that does not

installment ended March 31, 2019, causing the Discounted Cash Flow method does not show the intrinsic value of NINE. The source of the total number that does not exceed Baht 350,000,000 received from a share

EVALUATING IMPACT ON INTRINSIC VALUE OF STOCK Climate Risks Climate Opportunities Physical Risks ✓ Operational Risk ✓ Supply Chain Disruption ✓ Changing consumer behaviour ✓ Sales Impacted by weather