There is nothing to write now. And following this trend, I decided to describe one well-known evaluation method that means nothing.
This is the "Gordon growth model".
I used to know that this generally accepted method was nonsense and stupidity, but I didn't bother to formulate it.
Now I'll do it.
This model represents the value of the company in the form of an infinite series of future dividends, which are discounted by some required yield.
Why is it done this way? Do we have scientific or experimental data on this? No.
We're just making it up.
Does this contrived construction allow you to compare a company with the price of money or another company? No.
In this method, we use absolute numbers that cannot be compared.
For comparison, we should use relative digits and 1, no absolute digits.
What do we get?
We get a comparison of the company with itself, which is presented in an infinite form.
What does this give us?
The math can be viewed here.