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
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
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The author thanks Mr. Chirasakdi and Mrs. Saijai Poonpol for their generous research grant also thanks Professor Anya khanthavit, Mr. Nopadon Nimmanpipak, Dr. Pokpong Chirayukool, Mr. Woraphon
: The views, opinions, findings and conclusions or recommendations expressed in this presentation are strictly those of the author. They do not represent the views of the Ministry of Finance, or the Thai