Furthermore the thesis discusses the free cash flow model and EVA model.

并对自由现金流量模型和经济增加值模型的优劣及适用性做了探讨.

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Let's face it, free cash flow is all about efficient operations.

我们要重视这一点, 自由现金流关乎有效运营.

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Note from Table 4.7 that free cash flow is negative from years 1 to 6.

注意从表格4.7可以看出从第1年到第6年的自由现金流为负值.

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Free cash flow equals the difference between net operating profit after tax and net investment.

自由现金流量等于扣除调整税的净营业利润与净投资之差.

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This paper will study company investment worth from the angle of the free cash flow.

本文从公司自由现金流量的角度探讨公司价值.

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Therefore, free cash flow discount is the best measurement method for evaluation of enterprise value.

因此, 现金流折现法是衡量企业价值的最好手段.

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