Evaluation of Internet finance Industry with Comparable Firm Finding Algorithm (CFFA)

Abstract

This paper estimates the market value of companies in China's Internet finance industry in 2021 based on the Comparable Firm Finding Algorithm (CFFA). Through the estimation process and results, we have studied how to combine the correct comparable company portfolio and select suitable estimation indicators and attributes. Finally, excluding abnormal corporate financial fluctuations in 2021, this paper estimates the market value of 103 financial companies in the Internet industry.