基于退出倍数法的纺织服饰企业投资价值分析

Investment Value Analysis of Textile and Apparel Enterprises Based on the Exit Multiple Method

摘要: 运用可视化软件对纺织服饰行业发展现状进行分析，阐述评估方法及基本模型，选定行业中发展较好企业——海澜之家作为案例评估其价值，应用对销售收入季节性分解对企业价值评估第一阶段进行预测，基于退出倍数法对后续期价值进行预测，以期为实务中纺织服饰企业价值评估实践提供一种新的思路；总结退出倍数法的优势及实验中存在的不足。

Abstract: Using visualization software to analyze the current development status of the textile and apparel industry, this study elaborates on the evaluation methods and fundamental models. Hailan Home, a leading enterprise in the industry, is selected as a case study to assess its value. The seasonal decomposition of sales revenue is applied to forecast the first stage of enterprise valuation, while the exit multiple method is used to predict the subsequent terminal value. The aim is to provide a new approach for the practical valuation of textile and apparel enterprises. The advantages of the exit multiple method and the limitations of the experiment are also summarized.