2026-04-15T19:47:25Z https://meral.edu.mm/oai

oai:meral.edu.mm:recid/1034 2024-06-07T03:24:22Z 1582963436320 1582963436320:1582965701379 user-yueco

ANALYSIS OF BUSINESS VALUATION METHODS OF MYANMAR CITIZENS BANK IN YANGON STOCK EXCHANGE (Nay Chi Lynn, 2019) Nay Chi Lynn The main objective of this study is to idntify the current condidion of Myanmar Citizens Bank In Yangon Stock Exchange and to compare the calculated stock price and actual trading market price. Both primary and secondary data are used. Discussion with Department Head of Myanmar Cit izens Bank Limited are very contributory for the analysis and financial statements of Myanmar Cit izens Bank Limited are main source of the study. The study periods are covered from 2015-16 to 2017-18, six-month year ended 30.09.2018 and 2018-19 financial years. The three valuation methods were used in this study; (1) assets based valuation – on historic basis and on replacement basis, (2) income based valuation – PE ratio method and Earning Yield method, and (3) Cash flow based valuation – dividend model and dividend growth model. According to the study of setting market share price of Myanmar Citizen bank limited was nearly the price based on the net asset value on historic value because of influence by market condition of demand and supply of share market. In earliest financial year the calculated share price of dividend model was higher than actual trading price. That was primly due to the dividend per share are higher than in later finical year. As per calculated resulted share price based on earning yield’s ratio was the highest price in those three. It is found that the earning per share of Myanmar Citizens Bank 561 ks was the highest in the study period. Even though there were differences between the theoretical calculated share prices and the actual trading prices, finally the share price based on the theoretical way may be quoted on capital market. 2019-12-01 http://hdl.handle.net/20.500.12678/0000001034 https://meral.edu.mm/records/1034