一直没搞懂CAPM和WACC的关系。想问问大神们在算WACC前得先算CAPM是吗？ - 知乎 CAPM得到的expected return of equity，我们可以用dividend discount model 和 这里得到的expected return of equity去给股票估值。 dividend discount model 强调的是未来现金流是预期的分红，也就是future dividend。
Cost of Equity: Definition and Example | InvestingAnswers Cost of Equity Formula: Capital Asset Pricing Model (CAPM) The cost of equity CAPM formula is as follows: This formula takes into account the volatility (Beta) of a company relative to the market and calculates the expected risk when evaluating the cost of equity