{"type":"rich","author_url":"https://blog.hatena.ne.jp/kyorosukeke/","provider_url":"https://hatena.blog","provider_name":"Hatena Blog","height":"190","image_url":null,"html":"<iframe src=\"https://hatenablog-parts.com/embed?url=https%3A%2F%2Fkyorosukeke.hatenablog.com%2Fentry%2F2026%2F06%2F08%2F115720\" title=\"\u4f01\u696d\u4fa1\u5024\u306b\u304a\u3051\u308b\u5229\u76ca\u306e\u6301\u7d9a\u6027\uff1a\u73fe\u5728\u53ce\u76ca\u3068\u5c06\u6765\u5b58\u7d9a\u306e\u975e\u5bfe\u79f0\u6027 - \u3068\u3042\u308b\u6295\u8cc7\u5bb6\u306e\u5b66\u7fd2\u5e33\" class=\"embed-card embed-blogcard\" scrolling=\"no\" frameborder=\"0\" style=\"display: block; width: 100%; height: 190px; max-width: 500px; margin: 10px 0px;\"></iframe>","author_name":"kyorosukeke","blog_title":"\u3068\u3042\u308b\u6295\u8cc7\u5bb6\u306e\u5b66\u7fd2\u5e33","version":"1.0","url":"https://kyorosukeke.hatenablog.com/entry/2026/06/08/115720","width":"100%","title":"\u4f01\u696d\u4fa1\u5024\u306b\u304a\u3051\u308b\u5229\u76ca\u306e\u6301\u7d9a\u6027\uff1a\u73fe\u5728\u53ce\u76ca\u3068\u5c06\u6765\u5b58\u7d9a\u306e\u975e\u5bfe\u79f0\u6027","description":"\u306f\u3058\u3081\u306b \u9ad8\u3044\u5229\u76ca\u7387\u3068\u6f64\u6ca2\u306a\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u3092\u751f\u307f\u51fa\u3059\u4e8b\u696d\u3067\u3042\u3063\u3066\u3082\u3001\u30d3\u30b8\u30cd\u30b9\u30e2\u30c7\u30eb\u306e\u6301\u7d9a\u6027\u304c\u62c5\u4fdd\u3055\u308c\u306a\u3051\u308c\u3070\u3001\u305d\u306e\u7d4c\u6e08\u7684\u610f\u7fa9\u306f\u8457\u3057\u304f\u9650\u5b9a\u3055\u308c\u308b\u3002\u672c\u7a3f\u306f\u3053\u306e\u547d\u984c\u3092\u4f01\u696d\u4fa1\u5024\u8a55\u4fa1\u7406\u8ad6\u30fb\u7af6\u4e89\u6226\u7565\u8ad6\u30fb\u8cc7\u672c\u914d\u5206\u306e\u89b3\u70b9\u304b\u3089\u4f53\u7cfb\u7684\u306b\u6574\u7406\u3057\u3001\u5b9f\u52d9\u7684\u542b\u610f\u3092\u5c0e\u51fa\u3059\u308b\u3002 1. \u7406\u8ad6\u7684\u57fa\u76e4\uff1a\u4f01\u696d\u4fa1\u5024\u306e\u69cb\u9020 1-1. DCF\u30e2\u30c7\u30eb\u304c\u793a\u3059\u300c\u73fe\u5728\u5229\u76ca\u300d\u306e\u4f4d\u7f6e\u3065\u3051 \u4f01\u696d\u4fa1\u5024\uff08Intrinsic Value\uff09\u306f\u3001\u5c06\u6765\u306b\u308f\u305f\u308b\u30d5\u30ea\u30fc\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\uff08FCF\uff09\u306e\u73fe\u5728\u4fa1\u5024\u306e\u7dcf\u548c\u3068\u3057\u3066\u5b9a\u7fa9\u3055\u308c\u308b\u3002 V=\u2211t=1nFCFt(1+r)t+TV(1+r)nV = \\sum_{t=1}^{n} \\frac{FCF_t}{(1+r)^t} + \u2026","blog_url":"https://kyorosukeke.hatenablog.com/","published":"2026-06-08 11:57:20","categories":[]}