Oleg I. Dranko, Evgeniy V. Blagodarnyy

V.A. Trapeznikov Institute of Control Sciences of RAS, Moscow Institute of Physics and Technology

The paper addresses the information technology of the development of Russian enterprises from the point of view of increasing or decreasing (destroying) business value. We used a discounted cash flow model to estimate the fundamental value of the business. To study the palpable change in the economic parameters of enterprises, we have developed a modification of the formula for the value of a business based on discounted cash flows in an analytical form, assuming that many parameters remain unchanged. This assumption is confirmed by the dynamics of the development of large organizations. Model calculations were carried out based on information from the official financial statements of the Russian organizations. Methods for processing big data have significantly reduced the processing time of information. For the targeted study, energy-generating industry enterprises were considered. The calculation results show that an increase in the revenue growth rate reduces the value of the business. For this, a particular term is used – destruction. The primary condition for an increase in value with an increase in revenue is the excess of the operating profitability of an organization over its capital-output ratio, taking into account the discount rate. Model calculations showed that for many Russian organizations in the selected industry, the optimization conditions for maximizing the value are not met, which allows us to speak of the destruction of the value of Russian power generating organizations.

modeling, resilience growth, business valuation, big data, information technology, value destruction