绝对估值法是什么意思：中英文双语解读

中文

绝对估值法是一种用于评估资产内在价值的方法。它基于资产的基本面分析，而不是基于市场供求关系或短期市场情绪。绝对估值法的核心思想是通过预测未来的现金流和折现这些现金流来估算资产的内在价值。

使用绝对估值法时，投资者需要考虑资产未来的现金流、折现率和现金流增长等因素。这些因素将直接影响资产的内在价值。预测未来现金流需要考虑资产的使用寿命、市场需求、竞争环境等因素；折现率则反映了投资者对未来现金流的期望回报率和风险水平；现金流增长则反映了资产未来可能产生的增长潜力。

绝对估值法的优点在于它提供了一种基于基本面的评估方法，可以帮助投资者更加准确地估算资产的内在价值。同时，它也鼓励投资者关注长期价值而非短期波动，从而避免被市场情绪左右。然而，绝对估值法也存在一些缺点，比如预测未来现金流和折现率等参数的主观性和不确定性，以及市场变化对资产内在价值的影响等因素。

英文

Absolute valuation is a method used to assess the intrinsic value of an asset. It focuses on the fundamental analysis of the asset rather than market supply and demand or short-term market sentiment. The core idea of absolute valuation is to estimate the intrinsic value of an asset by projecting future cash flows and discounting these cash flows.

When using absolute valuation, investors need to consider factors such as future cash flows, discount rates, and cash flow growth. These factors directly impact the intrinsic value of the asset. Predicting future cash flows requires consideration of the asset's useful life, market demand, competitive environment, and other factors. The discount rate reflects investors' expected return and risk level on future cash flows. Cash flow growth reflects the potential growth potential of the asset in the future.

The advantage of absolute valuation is that it provides a fundamental-based assessment method that can help investors more accurately estimate the intrinsic value of an asset. It also encourages investors to focus on long-term value rather than short-term fluctuations, avoiding being swayed by market sentiment. However, absolute valuation also has some disadvantages, such as the subjectivity and uncertainty of parameters such as predicting future cash flows and discount rates, as well as the impact of market changes on the intrinsic value of assets.