Método y valoración del patrimonio de las PYMES y su valoración en la industria hotelera de la ciudad de Quito, 2014-2016

Abstract

This study propose methods of value SMEs and their application in hotel companies in the city of Quito taking as reference the financial situation 2014-2016 allows to know the financial patrimonial of the companies. The valuation of the patrimony is developed under as quantitative methodologies based on numerical measurements, statistical projections and analysis of results, which reflect the behavior of companies in their past, current and future operations. The valuation was carried out under the equity and cash flow methods discounted to four hotel companies in the city of Quito, which allowed knowing the valuation at the time of the estimate and the situation in its projection over time, considering the costs of capital that affect the company. From the results of the study it is highlighted that three of the companies reflect that their shares are worth more than the nominal value and only one loses its value. While when estimating the value over time and considering the effects of the cost of capital, three of the hotels lose their value with respect to the book value in 2016.