Accounting Numbers Impact Business Value: UK Companies Case Study.
The article explores how different valuation models can impact the value of UK companies. Three main valuation methods are discussed: Free Cash Flow Valuation Model, Residual Earning Valuation Model, and Abnormal Earning Growth Model. The study focuses on Marks & Spencer, Tesco, and Sainsbury's to show how these models can be applied in real-world scenarios. The findings suggest that accounting numbers can indeed influence a company's overall value.