Fundamental and technical analysis of companies listed on the New York stock exchange.
DOI:
https://doi.org/10.29076/issn.2528-7737vol17iss46.2024pp%25ppKeywords:
Múltiplos, análisis fundamental, análisis técnico, acciones, precio, valor intrínsecoAbstract
The research focuses on financially evaluating six companies listed on the New York Stock Exchange, which belong to the DJIA index, through the application of technical and fundamental analysis of stock prices, from different industries with more than 10 years. of trading, the analysis period from January 2, 2018 to June 6, 2023. The multiples used for the evaluation are EV/EBITDA, PER and EV/FCF, in addition to the graphic analysis of the price movements of stocks considering the six principles of Dow theory; In relation to the first multiple, the average of the six companies is 26x, which indicates that the market has been willing to pay 26 times the operating profit, on the other hand, the average PER has been 32.6x, which means what The market is willing to pay for their net profit, on the other hand the EV/FCF of these companies on average is 22.6x. In the end, it can be concluded that all companies have revealed the solid ability to generate operating profits, net profits and free cash flows, backed by competitive advantages that position them strongly in their respective sectors.
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