The price determination report is usually prepared by the investment firm acting as intermediary for the IPO, using methods such as discounted cash flows and comparable company multiples. The assumptions in the report may be publicly compared with actual results in certain periods after the IPO.
Related terms
Initial public offering (IPO)A company's shares being offered to investors for the first time with CMB approval and starting to trade on the exchange.Discounted cash flow (DCF)A valuation method based on discounting the free cash flows an asset or company will generate in the future to the present using an appropriate discount rate.Multiples methodEstimating value using ratios of comparable companies' market values, or of prices paid in comparable transactions, to financial indicators.Bonus issueIssuing shares to shareholders by adding a company's internal resources (reserves, retained earnings, capital adjustment differences) to its capital.Borsa IstanbulThe exchange in Turkey on which shares, debt instruments, derivatives and precious metals are traded.Capital Markets Board (CMB)The independent administrative authority responsible for regulating and supervising capital markets in Turkey.
Last updated: October 22, 2026 · This definition is for general information only.