KR20180078132A - System and method for calculating appropriate price of stock of unlisted company - Google Patents

Abstract

Disclosed is a system for calculating an appropriate stock price of an unlisted company which can objectively and scientifically measure appropriate stock prices and potential of unlisted companies traded in an unlisted securities market. According to the present invention, the system for calculating an appropriate stock price of an unlisted company comprises: a raw data acquisition unit to acquire raw data related to unlisted companies, listed companies, and markets to which the unlisted companies and the listed companies belong from a server; a usage data calculation unit to use the raw data to calculate usage data required to measure a similarity between a specific unlisted company and the listed companies; a similar listed company deriving unit to derive a similar listed company most similar to the specific unlisted company based on the usage data; and an appropriate stock price calculation unit to combine an index of the similar listed company and an index of the specific unlisted company to calculate an appropriate price of a stock of the specific unlisted company.

Description

[0001] The present invention relates to a system and a method for calculating a fair value of a stock of a privately held company,

The present invention relates to a system and method for calculating a proper stock price of a non-listed company, which obtains source data related to a market of a unlisted company, a listed company, a unlisted company and a listed company from a server, Based on the utilization data, it is possible to derive a similar-listed company most similar to a specific unlisted company, and to combine the indicators of a similar listed company with the indices of a specific unlisted company, It is possible to more objective and scientifically measure the fair value and potential of unlisted stocks traded in the stock market by calculating the optimal stock price of the stocks of the corporation, To determine whether the stock price of And to provide a system and method for calculating the optimal stock price of unlisted companies that support the decision making of investment decisions based on the high / low rating of the market price.

In general, stocks are collectively referred to as the unit of capital of a corporation, which is a capital group, and the rights and obligations of shareholders that presuppose it.

These stocks can be largely divided into listed stocks listed on the stock market or stock exchanges, and unlisted stocks traded on the offshore market that are not listed on the stock market.

Unlisted companies, as defined in this specification, mean companies that are not listed in any of the listed markets (securities and KOSDAQ) or ready markets (K-OTC and Conex) Means a market that is traded in a liver or other informal way.

Unlisted stocks are also referred to as stocks. Unlisted stocks are generally traded on an unlisted stock basis, which is then traded through the process of transferring and transferring unlisted stocks between individuals, There is also a consultant brokerage transaction method in which unlisted stocks are transferred through a transfer process.

On the other hand, it is difficult for an individual to evaluate the value of these companies because there is a lack of information on a series of company information such as financial status, management status, In particular, various problems arise when unlisted stocks are traded in a situation where the information of the company is insufficient, or when trading of unlisted stocks is carried out based on information whose sources are unclear.

In the case of publicly traded stocks, information disclosure obligations are generated by the stock exchange. Therefore, information on various internal and external activities can be obtained through investment information news and events including the financial status and management status of the company. However, It is difficult for the investor to obtain sufficient information to make direct investment decisions.

In particular, as stock trades in unlisted companies are generally made in informal channels and markets, market pricing due to information asymmetry can be confused rather than pricing by thorough demand and supply as in the traditional intestinal market.

In addition, according to the conventional human-based analysis method, the lack of comparative criteria for unlisted stock prices leads to limited share price calculation and potential judgment. Therefore, subjective judgment of experts working in broadcasting and online areas I had a problem that I had to depend on it.

Korean Patent Publication No. 2000-0054760

It is an object of the present invention to acquire source data related to unlisted companies, listed companies, unlisted companies and markets in which listed companies are located from a server, and to use the source data to calculate utilization data Based on the utilization data, it is possible to derive a similar-listed company most similar to a specific unlisted company and to calculate the appropriate stock price of a specific unlisted company by combining the indicator of a similar listed company and the index of a specific unlisted company, To be able to more objectively and scientifically measure the fair value and potential of unlisted companies traded in the market, and to ensure that the individual investors who receive the results are able to judge whether stock prices of unlisted companies are sound and accurate And the right investment according to the high / low evaluation of the market price And to provide a system and method for calculating the optimal stock price of a private company that supports decision making.

According to an embodiment of the present invention, a system for calculating a stock price of an unlisted company includes a source data acquiring unit for acquiring source data related to a unlisted company, a listed company, a market to which the unlisted company and a listed company belong, from a server; A usage data calculation unit for calculating usage data necessary for measuring the similarity between a specific non-listed company and the listed company using the source data; A similar-listed company deriving unit for deriving a similar-listed company most similar to the specific unlisted company based on the utilization data; And a fair stock price calculating unit for calculating an appropriate stock price of the stock of the specific unlisted company by combining the index of the similar listed company and the index of the specific unlisted company.

The system may further include a data standardization unit for standardizing the acquired source data so that the utilization data can be calculated.

The system for calculating the appropriate stock price of the stock of the private equity firm may further include a database unit for storing the source data and the utilization data.

The utilization data calculation unit may calculate usage data including attribute information, actual information, and situation information by using the information of the non-listed company and the listed company and the market information.

The similar listed company derivation unit can derive a similar listed company in which the specific unlisted company and the variables belonging to the attribute information, actual information, and situation information are most similar to each other by analyzing the attribute information, actual information, and the situation information.

The fair value calculation unit calculates the fair value of the similar listed company by multiplying the PER of the similar listed company by the EPS of the specific unlisted company and the PBR of the similar listed company (PPS) applied fair value multiplied by the per-share value (BPS) index of the specific unlisted firm and the PCR value of the stock price cash flow ratio (PCR) of the similar listed company multiplied by the per-week cash flow (CPS) The range of the fair value of the stocks of the specific unlisted company may be calculated by calculating at least one of the stock price and the PSR applied stock price of the similar listed company multiplied by the PSR index of the similar listed company multiplied by the SPS index.

According to an embodiment of the present invention, there is provided a method for calculating a proper stock price of a stock of a private equity firm, comprising the steps of: acquiring source data related to a private equity firm, a listed company, a market to which the private equity firm and a listed company belong; A utilization data calculation step of calculating usage data necessary for measuring the degree of similarity between a specific non-listed company and the listed company using the source data; Deriving a similar-listed company that derives a similar-listed company most similar to the specific unlisted company based on the utilization data; And a fair stock price calculating step of calculating an appropriate stock price of the stock of the specific unlisted company by combining the index of the similar listed company and the index of the specific unlisted company.

The utilization data calculation step may include calculating usage data including attribute information, actual information, and situation information using the information of the non-listed company and the listed company and the market information.

The step of deriving the similar listed company includes a step of analyzing the attribute information, the actual information, and the situation information to derive a similar listed company having the variables that belong to the attribute information, the actual information and the situation information most similar to the specific unlisted company can do.

The fair value calculation unit calculates the fair value of the similar listed company by multiplying the PER of the similar listed company by the EPS of the specific unlisted company and the PBR of the similar listed company (PPS) applied fair value multiplied by the per-share value (BPS) index of the specific unlisted firm and the PCR value of the stock price cash flow ratio (PCR) of the similar listed company multiplied by the per-week cash flow (CPS) Calculating a range of the appropriate stock price of the specific unlisted company by calculating at least one of the stock price and the PSR applied stock price of the similar listed company multiplied by the PSR index of the similar listed company multiplied by the SPS index; can do.

According to an aspect of the present invention, there is provided a method for acquiring source data related to a market including a private company, a listed company, a private company, and a listed company from a server and measuring the similarity between a specific private company and a listed company using the source data By calculating utility data, it is possible to derive a similar-listed company most similar to a specific unlisted company based on utilization data, and calculate the appropriate stock price of a specific unlisted company by combining the indicators of a similar listed company and the indicators of a specific unlisted company, It is possible to more objectively and scientifically measure the fair value and potential of unlisted stocks traded in the offshore stock market, and to judge whether the individual investors who received the results are more soundly and accurately stock stocks of unlisted stocks. And whether it is highly rated or undervalued And can provide a system and method for calculating a proper stock price of a private company that supports proper investment decision making.

In this paper, we propose a method to compare the financial information of unlisted stocks with the financial information of listed stocks, It is possible to judge whether the stock price is appropriate or not, and thus it has an advantage to support the right investment decision according to the overvalued and undervalued price of the city.

Also, according to one aspect of the present invention, since the price of listed stocks in the intestinal market can be used as a comparison standard, the stock price can illuminate the stock price of unlisted stocks that are not scientific, It is possible to grasp the appropriate area of stock price of unlisted stocks from a more objective viewpoint.

According to an aspect of the present invention, unlisted stock transfer can be analyzed in an automated manner, which has the advantage of increasing user efficiency and convenience.

According to one aspect of the present invention, in the case of an individual investor, it is possible to determine whether the price of the unlisted stock is appropriate based on the scientific judgment based on the statistics, thereby preventing the investment loss from the uncertainty margin and the unverified opinion .

FIG. 1 is a diagram schematically illustrating a system for calculating an appropriate stock price of an unlisted company according to an embodiment of the present invention. Referring to FIG.
FIG. 2 is a flowchart illustrating a series of processes performed by a source data acquisition unit of a system for calculating a stock price of an unlisted company according to an exemplary embodiment of the present invention.
3 is a diagram for explaining an example in which a source data acquisition unit of a system for calculating a proper stock price of an unlisted company according to an embodiment of the present invention acquires source data.
FIG. 4 is a flowchart illustrating a series of processes performed by the data normalization unit of a system for calculating a stock price of a private equity company according to an exemplary embodiment of the present invention.
5 is a flowchart for explaining a series of processes performed by the utilization data calculation unit of the system for calculating the stock price of a private equity company according to an embodiment of the present invention.
FIG. 6 is a diagram for explaining an example of utilization data calculated by the utilization data calculation unit of the system for calculating the appropriate stock price of a stock of a private equity company according to an embodiment of the present invention.
FIG. 7 is a flowchart illustrating a series of processes performed by a similar-listed company derivation unit of a system for calculating a proper stock price of an unlisted company according to an exemplary embodiment of the present invention.
FIG. 8 is a diagram for explaining an example of deriving a similar-listed company most similar to a specific unlisted company according to an embodiment of the present invention.
FIG. 9 is a flowchart illustrating a series of processes performed by the appropriate stock price calculating unit of the stock calculating system of a stock of a private equity company according to an exemplary embodiment of the present invention.
FIG. 10 is a diagram for explaining an example of calculating a proper stock price of a stock of a non-listed company according to an embodiment of the present invention.
11 is a flowchart illustrating a method of calculating a proper stock price of a stock of a private equity company according to an embodiment of the present invention.

The present invention will now be described in detail with reference to the accompanying drawings. Hereinafter, a repeated description, a known function that may obscure the gist of the present invention, and a detailed description of the configuration will be omitted. Embodiments of the present invention are provided to more fully describe the present invention to those skilled in the art. Accordingly, the shapes and sizes of the elements in the drawings and the like can be exaggerated for clarity.

Throughout the specification, when an element is referred to as "comprising ", it means that it can include other elements as well, without excluding other elements unless specifically stated otherwise.

Further, the term "part" in the description means a unit for processing one or more functions or operations, which may be implemented by hardware, software, or a combination of hardware and software.

FIG. 1 is a diagram schematically illustrating a system for calculating an appropriate stock price of an unlisted company according to an embodiment of the present invention. Referring to FIG.

1, a system for calculating a stock price of an unlisted company according to an embodiment of the present invention includes a source data acquisition unit 110, a data standardization unit 120, a utilization data calculation unit 130, A database unit 140, a similar-listed company deriving unit 150, and a proper stock price calculating unit 160. [ The system for calculating the optimal stock price of a private equity company shown in FIG. 1 is according to one embodiment, and the components shown in FIG. 1 are not limited to the embodiment shown in FIG. 1, Changed or deleted.

The source data acquisition unit 110 acquires source data related to the unlisted company, the listed company, and the market to which the unlisted company and the listed company belong, from the server. The source data acquisition unit 110 acquires the source data necessary for calculating the appropriate stock price of the unlisted company. Here, the source data may include performance information and market information such as business and quarterly financial information and audit information of a non-listed company or a listed company, and may include business information of the corresponding non-listed company or listed company in the market of a listed company or a listed company And market information such as status and status. Actual information, market information, and market information are provided as an example, and any information may be included if it is necessary information to calculate the appropriate stock price of the unlisted company.

In one embodiment, the server may include information on performance and quotation information, such as business and quarterly financial information of a listed or listed company, audit information, business phases and status of a listed or unlisted company or listed company in a market in which a listed company is listed (KOSCOM) open platform server, Korea Over (KOSCOM) server, KOSCOM open server server, KOSCOM server, -The-Counter, K-OTC) stock information providing server, a KONEX stock information providing server, and an online portal platform server. In one embodiment, the source data acquisition unit 110 can acquire the ticker information of unlisted stocks at the unlisted stock information providing server, and obtain the performance information of the unlisted and listed companies at the FSS electronic disclosure server , And Koscom Open Platform Server can obtain quoted information on listed stocks listed on various listed stock markets such as KOSPI and KOSDAQ. In addition, the K-OTC stock information providing server and the Conex stock information providing server can acquire the market information of the stocks registered in the corresponding market. K-OTC and Cornex are not strictly listed stock markets, but K-OTC and Conex are also listed on the listed stock market in order to distinguish them from the unlisted stock market, It is treated as being included. In addition, the source data acquisition unit 110 can acquire market information such as business phases and status of a corresponding unlisted company or a listed company in a market of a unlisted company or a listed company in an online portal platform server. In another embodiment, the server may be an internal server provided in the fair value calculation system 100 of the stock of the unlisted company.

Hereinafter, an example of a process in which the source data obtaining unit 110 obtains source data will be described with reference to FIG. 2 to FIG.

FIG. 2 is a flowchart illustrating a series of processes performed by a source data acquisition unit of a system for calculating a stock price of an unlisted company according to an exemplary embodiment of the present invention.

Referring to FIG. 2, the source data acquisition unit 110 first inquires the ticker information on the stocks of the unlisted company and the listed company (S201). Then, the source data acquirer 110 acquires company information on the unlisted and listed companies, Information (S202), and inquires the market information of the unlisted company and the listed company (S203). Thereafter, the inquired data and the acquired data are stored in the database unit 140 (S206).

3 is a diagram for explaining an example in which a source data acquisition unit of a system for calculating a proper stock price of an unlisted company according to an embodiment of the present invention acquires source data.

3, the original data acquisition unit 110 of the system 100 for calculating the stock price of an unlisted company according to an embodiment of the present invention includes an unlisted stock information providing server 310, a Financial Supervisory Service 320, a Koscom open platform server 330, a K-OTC stock information providing server 340, a Conex stock information providing server 350, an online portal platform server 360, Obtain the source data related to the market of the unlisted company and the listed company.

The source data acquisition unit 110 can acquire the market information of the unlisted stock from the unlisted stock information server 310 of the online service in association with the online service supporting the transaction of the unlisted stock. In this case, the source data acquisition unit 110 may be linked to a plurality of online services that support transactions of unlisted stocks, rather than linking with a single online service. The source data acquisition unit 110 may store a plurality of online services It is possible to obtain the market information of the unlisted stock from the stock information providing server 310.

The source data acquisition unit 110 may collect and collect the performance information of 2,000 or more companies from the Financial Supervisory Service's electronic disclosure server 320. At this time, the source data acquisition unit 110 can extract and acquire source data including performance information such as quarter, business, and audit report of the relevant companies, and acquire the source data.

The source data acquisition unit 110 can acquire quotation information on 2,300 or more listed events from the Koscom open platform server 330. [ In addition, the source data acquisition unit 110 may obtain the ticker information for the items registered in the corresponding market from the K-OTC stock information providing server 340 and the Conex stock information providing server 350. At this time, the source data obtaining unit 110 can collectively collect the quotes, transaction status, and the like of the corresponding items.

The source data acquisition unit 110 can acquire market information such as the business phase and status of the unlisted company or the listed company in the market of the unlisted company or the listed company from the online portal platform server 360. [ In particular, the source data acquisition unit 110 can collect information from the online portal platform server 360 in terms of big data through a portal, a financial platform, a search engine or the like in connection with a private company and a listed company . In addition, the source data acquisition unit 110 acquires the source data from the online portal platform server 360 through search, discussion, news report, etc. related to the unlisted company and the listed company, Various source data can be obtained.

Referring back to FIG. 1, the data normalization unit 120 normalizes the acquired source data so that the utilization data can be calculated. The data normalization unit 120 standardizes the source data so that the source data acquired by the source data acquisition unit 110 can be comparatively analyzed between the unlisted company and the listed company. In other words, the information obtained from the various servers in the source data acquisition unit 110 do not coincide with each other in terms of units, form, and expression style, so that comparison and analysis can be performed between unlisted companies and listed companies. Therefore, the data standardization unit 120 performs a process of standardizing the source data so that the units, the style, and the presentation style of the information are consistent with each other.

Hereinafter, an example of a process of standardizing the source data by the data normalization unit 120 will be described with reference to FIG.

FIG. 4 is a flowchart illustrating a series of processes performed by the data normalization unit of a system for calculating a stock price of a private equity company according to an exemplary embodiment of the present invention.

Referring to FIG. 4, the data normalization unit 120 first inquires verification data for determining validity (S401), and inquires about source data for determining validity (S402).

The validity of the source data is judged by comparing and judging the verified verification data and the source data with each other (S403). If not valid, the error range is measured (S404) and it is judged whether or not the error range is automatically correctable (S405). If the data can be automatically corrected, the format of the source data is standardized (S407). If the data can not be automatically corrected, the source data is output to the manager terminal (not shown) After correcting the source data manually, the source data is re-introduced (S406). If the source data is valid in step S403, the source data is standardized (S407) and stored in the database unit 140 (S408) so that the unit, style, and expression style of the source data are consistent.

Referring back to FIG. 1, the utilization data calculation unit 130 calculates utilization data necessary for measuring the similarity between a specific private-sector company and the listed company using the source data. The utilization data calculation unit 130 divides the information necessary for statistically deriving a similar listed company most similar to a specific unlisted company into three types: attribute information, performance information, and situation information. At this time, the utilization data calculation unit 130 calculates the utilization data in accordance with the type of the source data, and classifies the calculated utilization data into one of the attribute information, the performance information, and the situation information.

Hereinafter, an example of the process of calculating the utilization data by the utilization data calculation unit 130 will be described with reference to FIGS. 5 and 6. FIG.

5 is a flowchart for explaining a series of processes performed by the utilization data calculation unit of the system for calculating the stock price of a private equity company according to an embodiment of the present invention.

Referring to FIG. 5, first, the utilization data calculation unit 130 defines usage data to be used for stock market analysis (S501) and defines information necessary for calculating each utilization data (S502).

Then, the utilization data calculation unit 130 inquires the market information of the stocks of the unlisted company and the listed company (S503), inquires about the performance information of all the companies of the stock company (S504) (S505). At this time, the information searched in steps S503, S504, and S505 may be source data stored in the database unit 140. [

Then, the utilization data is calculated by combining the necessary source data for each utilized data (S506), and the calculated utilization data is stored in the database unit 140 (S507).

FIG. 6 is a diagram for explaining an example of utilization data calculated by the utilization data calculation unit of the system for calculating the appropriate stock price of a stock of a private equity company according to an embodiment of the present invention.

Referring to FIG. 6, utilization data calculated by the utilization data calculation unit 130 may be classified into three types of information to be used for extracting a similar-listed company most similar to an unlisted company. And can be classified into situation information.

The information is related to the type and classification according to the characteristics and characteristics of the company itself and the type and classification according to the characteristics of the business. Information about industry classification, business structure, product sales ratio, Operating profit, net income, etc., information on market size, assets, liabilities, capital size, and manpower status related to the size of the company.

The performance information is information related to the financial indicators of the company's business execution areas and the investment indicators of the issuance stocks. The information on the performance indicators such as stability index, profitability index and efficiency index, And information related to the dividend, value, etc. of the stock, information related to the forecast of the securities company, and the index related to the stock price prediction.

Situation information is information related to the status of business performance by company and information about major reaction information in the market. It is related to news information, such as news reports related to news reports, disclosure, and discussion information. Information such as the weight, information on the portal finance, and search weight in the financial portal, and the like.

These data are examples of utilization data that can be calculated by the utilization data calculation unit 130, and some data can be added, changed or deleted as needed.

Referring again to FIG. 1, the database unit 140 stores the source data and the utilization data. In one embodiment, the database unit 140 may receive and store the source data and the utilization data from one or more of the source data acquisition unit 110, the data normalization unit 120, and the utilization data calculation unit 130 .

The similar listed company deriving unit 150 derives a similar listed company most similar to the specific unlisted company based on the utilization data. The similar-listing-company derivation unit 150 analyzes the attribute information, the actual information, and the situation information calculated by the utilization data calculation unit 130 to determine whether the variables belonging to the attribute information, the actual information, The most similar similar listed companies can be derived.

In one embodiment, the similar listed company derivation unit 150 may derive a listed company most similar to a specific unlisted company within any of the listed companies, a particular market, a particular industry, or a particular industry within a particular market. In another embodiment, the similar listing company derivation unit 150 may derive only a single similar listing company or a similar listing company group including a similar listed company within a predetermined rank in order of similarity.

Referring to FIGS. 7 and 8, an example of a process in which the similar-listed-company derivation unit 150 derives a similar-listed company most similar to a specific unlisted company will be described.

FIG. 7 is a flowchart illustrating a series of processes performed by a similar-listed company derivation unit of a system for calculating a proper stock price of an unlisted company according to an exemplary embodiment of the present invention.

Referring to FIG. 7, the similar-listing-company derivation unit 150 selects an unlisted company to be analyzed (S701), inquires all the listed company information (S702), and analyzes statistics on the entire listed company information S703). Then, the similar-listing-company derivation unit 150 inquires the unlisted company information to be analyzed (S704).

Then, the similar-listing-company derivation unit 150 measures the similarities of the unlisted companies and the listed companies to be analyzed (S705), and selects a listed company having the highest similarity with the unlisted company to be analyzed (S706).

This can be done by statistically analyzing the detailed configuration data (utilization data) for each type of attribute information, performance information, and situation information classified in the foregoing, thereby detecting a listed company or group most similar to the unlisted company.

Each attribute information, performance information, and situation information has a number of detailed configuration data. The data of the similar listed company having the highest similarity among the respective variables is selected as data similar to the data of the unlisted company. In this case, the data of similar listed companies can be derived from the entire listed company, a specific market (KOSPI, KOSDAQ, KONEX, K-OTC), a specific industry or a specific industry within a specific market.

FIG. 8 is a diagram for explaining an example of deriving a similar-listed company most similar to a specific unlisted company according to an embodiment of the present invention.

Referring to FIG. 8, the similar-listed-company derivation unit 150 compares variables belonging to the attribute information, the performance information, and the context information between the specific non-listed company A and the listed company, ').

Then, the unlisted company (A) displays the current stock price, the stock price return ratio (PER) index, the stock price net asset ratio (PBR) index, the stock price cash flow ratio (PCR) index, and the stock price ratio (PSR) (A) 's current share price, EPS, EPS, BPS, CPS, and SPS, respectively.

The indexes thus displayed can be used as an element for calculating the appropriate stock price of the unlisted company in the appropriate stock price calculating unit 160 described later.

Returning to FIG. 1, the appropriate stock price calculating unit 160 calculates the appropriate stock price of the stock of the specific unlisted company by combining the index of the similar listed company with the index of the specific unlisted company. In one embodiment, the fair value calculation unit 160 may calculate the appropriate stock price of the specific private equity company by combining the value of the similar listed company with the value per share of the specific private equity firm. The value multiples of the similar listed companies may be one or more of a stock price return ratio (PER) index, a stock price net asset ratio (PBR) index, a stock price cash flow ratio (PCR) index and a stock price ratio (PSR) index. The per-share value indicator of the specific unlisted company may be one of an EPS index, a BPS index, a cash flow index (CPS), and a sales per share (SPS) index.

In one embodiment, the fair value calculation unit 160 may calculate the fair value of the similar listed company by multiplying the PER of the similar listed company by the EPS of the specific unlisted company, (PBR) applied stock price of the specific listed company multiplied by the net asset value (BPS) index of the specific unlisted company and the stock price cash flow ratio (PCR) ) Is calculated by multiplying the appropriate price of the PCR applied with the indicator and the PSR applying the PSR index of the similar listed company multiplied by the sales per share (SPS) index, and calculating the appropriate stock price of the listed private equity firm The range can be calculated.

The appropriate stock price calculating unit 160 provides the user with a proper stock price of the stock of the unlisted company to allow the user to check the calculated stock price of the stock of the unlisted company. The appropriate stock price calculating unit 160 may include an output unit (not shown) for providing a user with a proper stock price of the stock of the unlisted company calculated. If the calculated stock price of the unlisted company's stock is provided in the form of voice, the output unit may be a speaker, and if the calculated stock price of the stock of the unlisted company is provided in the form of text, moving image or image, Lt; / RTI >

In one embodiment, the fair value calculation unit 160 may provide the calculated stock price of the stock of the unlisted company in the form of voice, video, or text.

In another embodiment, the appropriate stock price calculating unit 160 may visualize and display the appropriate stock price of the unlisted company, and provide the calculated stock price of the stock of the unlisted company calculated. In this case, the appropriate stock price calculating unit 160 does not provide the calculated stock price of the unlisted company's stock at a simple numerical value, but visualizes it so that anyone can understand and understand the process of calculating the appropriate stock price of the unlisted stock Converted image and infographic form, so that the user can intuitively confirm the appropriate stock price of the unlisted company.

To this end, the fair value calculation unit 160 may display the current value of the unlisted company together with the PER applied fair value, PBR applied fair value, PCR applicable fair value and PSR applied fair value of the unlisted company.

Hereinafter, an example of a process of calculating the appropriate stock price of a stock of a private-equity company will be described with reference to FIGS. 9 and 10 by the appropriate stock price calculating unit 160. FIG.

FIG. 9 is a flowchart illustrating a series of processes performed by the appropriate stock price calculating unit of the stock calculating system of a stock of a private equity company according to an exemplary embodiment of the present invention.

Referring to FIG. 9, the fair value calculation unit 160 inquires the value multiples of the similar listed companies (S901), inquires the value per share indicator of the non-listed companies (S902), and inquires the current prices of the non-listed companies (S903).

Next, the appropriate price of the stock of the unlisted company is calculated by combining the similar listed company and the index of the unlisted company (S904), and the appropriate price of the stock of the unlisted company is input and visualized on the graph (S905). In step S905, the fair value calculation unit 160 may display the current value of the unlisted company together with the PER applied fair value, the PBR applied fair value, the PCR applied fair value, and the PSR applied fair value of the unlisted company.

FIG. 10 is a diagram for explaining an example of calculating a proper stock price of a stock of a non-listed company according to an embodiment of the present invention.

Referring to FIG. 10, for example, in the case of the extracted similar listed company A ', the PER index is 10.3, the PBR index is 1.5, and the stock price cash flow ratio (PCR) index is 8.9 , And the PSR index is 5.6.

In the case of a specific unlisted company (A), the EPS index is 100.6, the BPS index is 500.3, the cash flow per share (CPS) index is 50.7, and the sales per share (SPS) 200.4.

At this time, the fair value calculation unit 160 can calculate the fair value (KRW 1,036) of PER applied by multiplying the stock price index of a similar listed company (A ') by the EPS of a non-listed stock (A) We can calculate the fair value (751 won) of PBR by multiplying the net asset value index of similar stock (A ') by the net asset value per share of unlisted stock (A). Similarly, we can calculate the fair value of PCR (451 won) by multiplying the stock price cash flow ratio index and the cash flow index per share of similar listed stocks (A ') and calculate the stock price (A' We can calculate the fair value of PSR applied (W1,122) by multiplying the sales per share of stock (A).

We will provide a graph of the fair value of P / E, P / B, fair value of PCR, fair value of PSR applied, and current share price of unlisted companies (500 won) It is possible to indicate the range of the appropriate price range and the potential.

Thus, through this process, stock investors and individual investors who are unable to judge stock information by simply expressing the evaluation result in a highly readable image form or graph, rather than a numerical form, So that it can be confirmed more intuitively whether or not it is set at an appropriate price.

11 is a flowchart illustrating a method of calculating a proper stock price of a stock of a private equity company according to an embodiment of the present invention.

Referring to FIG. 11, when a proper stock price calculation method of a stock of a private equity company according to an embodiment of the present invention starts, source data related to a private equity firm, a publicly traded company, (S1101). The acquired source data is standardized so as to be able to calculate usage data (S1102), and utilization data necessary for measuring the similarity between a specific unlisted company and the listed company is calculated using the source data (S1103).

Then, based on the utilization data, a similar-listed company most similar to the specific unlisted company is derived (S1104), and the indicator of the similar unlisted company is combined with the index of the specific unlisted company, And calculates the stock price (S1105).

In one embodiment, step S1103 may include calculating usage data including attribute information, actual information, and status information using the information of the unlisted company, the listed company, and the market information.

In one embodiment, step S1104 includes analyzing the attribute information, the actual information, and the context information to derive a similar-listed company having the most similar variables to the specific unlisted company and the attribute information, actual information, and context information . ≪ / RTI >

In one embodiment, step S1105 is a step in which the PER applied stock price of the similar listed company multiplied by the EPS index of the specific unlisted company, the net asset value ratio of the similar listed company (PBR) indicator is multiplied by the BPS of the specific unlisted company, and the stock price cash flow ratio (PCR) of the similar listed company is compared with the cash flow (CPS) index of the specific unlisted company (PSR) index of the similar listed company multiplied by the SPS index, and calculating the range of the fair value of the shares of the specific private listed company by calculating one or more of the multiplied PCR applied fair value and the PSR applied stock price of the similar listed company multiplied by the sales per share (SPS) .

The method of calculating a proper stock price of a private equity company according to an embodiment of the present invention can be implemented by each component of the system for calculating a fair value of stocks of a private equity company described above, Since the method of calculating the optimal stock price of a company shares the stock of the unlisted company similar to the above-described system of calculating the stock price of the unlisted company, the method of calculating the stock price of the unlisted company according to the embodiment of the present invention A detailed description of the present invention will be omitted in order to avoid redundant description.

A method for calculating a proper stock price of an unlisted company according to an embodiment of the present invention includes a CD-ROM, a RAM, a ROM, a floppy disk, ), A hard disk, a magneto-optical disk, a Secure Digital (SD) card, a micro SD card, or a Universal Serial Bus (USB) memory.

The method of calculating the appropriate stock price of a stock of an unlisted company according to an embodiment of the present invention may be implemented in the form of a web-based program or an application installed in a mobile terminal It is possible. In addition, the program in which the method of calculating the proper stock price of the unlisted company according to the embodiment of the present invention is implemented may be provided in the system for calculating the stock price of the unlisted company according to the embodiment of the present invention.

While the present invention has been particularly shown and described with reference to exemplary embodiments thereof, it is clearly understood that the same is by way of illustration and example only and is not to be taken as limitations. It will be understood by those skilled in the art that various changes in form and details may be made therein without departing from the spirit and scope of the invention as defined by the appended claims.

100: Fair value calculation system of stocks of unlisted companies
110: source data acquisition unit
120: Data normalization unit
130: utilization data calculation unit
140:
150: Derivative Department of Similar Listed Companies
160: Fair value calculation unit

Claims (10)

A source data acquisition unit for acquiring source data related to a non-listed company, a listed company, a market to which the unlisted company and a listed company belong, from the server;
A usage data calculation unit for calculating usage data necessary for measuring the similarity between a specific non-listed company and the listed company using the source data;
A similar-listed company deriving unit for deriving a similar-listed company most similar to the specific unlisted company based on the utilization data; And
And a proper stock price calculating unit for calculating an appropriate stock price of the stock of the specific unlisted company by combining the index of the similar listed company and the index of the specific unlisted company to calculate a proper stock price of the unlisted company.
The method according to claim 1,
The utilization data calculation unit calculates,
Wherein the utilization data including attribute information, actual information, and situation information are calculated using the information of the unlisted company and the listed company and the market information.
3. The method of claim 2,
The similar-
Wherein the similarity-listed company is derived by analyzing the attribute information, the actual information, and the situation information to derive a similar-listed company in which the specific unlisted company and the variables belonging to the attribute information, actual information, Output system.
The method of claim 3,
The fair value calculation unit may calculate,
(PBR) index of the similar listed company is calculated by multiplying the PER of the similar listed company by the PER of the specific unlisted company multiplied by the EPS of the specific listed company, (PCR) index of the similar listed company multiplied by the per-share cash flow (CPS) index of the specific unlisted company, and the PCR applied fair value of the similar listed company Wherein the range of the fair value of the stocks of the specific unlisted company is calculated by calculating at least one of the PSR index of the non-listed company multiplied by the sales price per share (SPS) Fair value calculation system.
The method according to claim 1,
Further comprising a data standardization unit for standardizing the acquired source data so as to be able to calculate the utilization data.
The method according to claim 1,
Further comprising a database unit for storing the source data and the utilization data.
A source data acquisition step of acquiring source data related to a non-listed company, a listed company, a market including the unlisted company and a listed company from the server;
A utilization data calculation step of calculating usage data necessary for measuring the degree of similarity between a specific non-listed company and the listed company using the source data;
Deriving a similar-listed company that derives a similar-listed company most similar to the specific unlisted company based on the utilization data; And
And calculating a proper stock price of the stock of the specific unlisted company by combining the index of the similar listed company with the index of the specific unlisted company to calculate a proper stock price of the unlisted company.
8. The method of claim 7,
The utilization data calculating step may include:
And calculating usage data including attribute information, actual information, and situation information by using the information of the non-listed company and the listed company, and the market information, and calculating the appropriate stock price of the unlisted company.
9. The method of claim 8,
In the step of deriving the similar listed company,
Analyzing the attribute information, the actual information, and the context information to derive a similar listed company in which the specific unlisted company and the variables belonging to the attribute information, the actual information, and the context information are most similar to each other. How to calculate the fair value of stocks.
10. The method of claim 9,
The fair value calculation unit may calculate,
(PBR) index of the similar listed company is calculated by multiplying the PER of the similar listed company by the PER of the specific unlisted company multiplied by the EPS of the specific listed company, (PCR) index of the similar listed company multiplied by the per-share cash flow (CPS) index of the specific unlisted company, and the PCR applied fair value of the similar listed company Calculating a range of a proper stock price of the stock of the specific unlisted company by calculating at least one of the PSR index of the unlisted company and the PSR applied stock price multiplied by the SPS index, A method of calculating the fair value of a company 's stocks.

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