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<div class="vector-menu-heading"> Pagine per utenti anonimi <a href="/wiki/Aiuto:Benvenuto" aria-label="Ulteriori informazioni sulla contribuzione"><span>ulteriori informazioni</span></a> </div> <div class="vector-menu-content"> <ul class="vector-menu-content-list"> <li id="pt-anoncontribs" class="mw-list-item"><a href="/wiki/Speciale:MieiContributi" title="Un elenco delle modifiche fatte da questo indirizzo IP [y]" accesskey="y"><span>contributi</span></a></li><li id="pt-anontalk" class="mw-list-item"><a href="/wiki/Speciale:MieDiscussioni" title="Discussioni sulle modifiche fatte da questo indirizzo IP [n]" accesskey="n"><span>discussioni</span></a></li> </ul> </div> </div> </div> </div> </nav> </div> </header> </div> <div class="mw-page-container"> <div class="mw-page-container-inner"> <div class="vector-sitenotice-container"> <div id="siteNotice"></div> </div> <div class="vector-column-start"> <div class="vector-main-menu-container"> <div id="mw-navigation"> <nav id="mw-panel" 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class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#Stima"> <div class="vector-toc-text"> <span class="vector-toc-numb">3</span> <span>Stima</span> </div> </a> <ul id="toc-Stima-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Formula" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#Formula"> <div class="vector-toc-text"> <span class="vector-toc-numb">4</span> <span>Formula</span> </div> </a> <ul id="toc-Formula-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Warren_Buffett" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#Warren_Buffett"> <div class="vector-toc-text"> <span class="vector-toc-numb">5</span> <span>Warren Buffett</span> </div> </a> <ul id="toc-Warren_Buffett-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Note" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#Note"> <div class="vector-toc-text"> <span class="vector-toc-numb">6</span> <span>Note</span> </div> </a> <ul id="toc-Note-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Voci_correlate" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#Voci_correlate"> <div class="vector-toc-text"> <span class="vector-toc-numb">7</span> <span>Voci correlate</span> </div> </a> <ul id="toc-Voci_correlate-sublist" class="vector-toc-list"> </ul> </li> </ul> </div> </div> </nav> </div> </div> <div class="mw-content-container"> <main id="content" class="mw-body"> <header class="mw-body-header vector-page-titlebar"> <nav aria-label="Indice" class="vector-toc-landmark"> <div id="vector-page-titlebar-toc" class="vector-dropdown vector-page-titlebar-toc vector-button-flush-left" > <input type="checkbox" id="vector-page-titlebar-toc-checkbox" role="button" aria-haspopup="true" data-event-name="ui.dropdown-vector-page-titlebar-toc" class="vector-dropdown-checkbox " aria-label="Mostra/Nascondi l'indice" > <label id="vector-page-titlebar-toc-label" for="vector-page-titlebar-toc-checkbox" class="vector-dropdown-label cdx-button cdx-button--fake-button cdx-button--fake-button--enabled cdx-button--weight-quiet cdx-button--icon-only " aria-hidden="true" ><span class="vector-icon mw-ui-icon-listBullet mw-ui-icon-wikimedia-listBullet"></span> <span class="vector-dropdown-label-text">Mostra/Nascondi l'indice</span> </label> <div class="vector-dropdown-content"> <div id="vector-page-titlebar-toc-unpinned-container" class="vector-unpinned-container"> </div> </div> </div> </nav> <h1 id="firstHeading" class="firstHeading mw-first-heading"><span class="mw-page-title-main">Valore intrinseco</span></h1> <div id="p-lang-btn" class="vector-dropdown mw-portlet mw-portlet-lang" > <input type="checkbox" id="p-lang-btn-checkbox" role="button" aria-haspopup="true" data-event-name="ui.dropdown-p-lang-btn" class="vector-dropdown-checkbox mw-interlanguage-selector" aria-label="Vai a una voce in un'altra lingua. Disponibile in 14 lingue" > <label id="p-lang-btn-label" for="p-lang-btn-checkbox" class="vector-dropdown-label cdx-button cdx-button--fake-button cdx-button--fake-button--enabled cdx-button--weight-quiet cdx-button--action-progressive mw-portlet-lang-heading-14" aria-hidden="true" ><span class="vector-icon mw-ui-icon-language-progressive mw-ui-icon-wikimedia-language-progressive"></span> <span class="vector-dropdown-label-text">14 lingue</span> </label> <div class="vector-dropdown-content"> <div class="vector-menu-content"> <ul class="vector-menu-content-list"> <li class="interlanguage-link interwiki-ar mw-list-item"><a href="https://ar.wikipedia.org/wiki/%D9%82%D9%8A%D9%85%D8%A9_%D8%AC%D9%88%D9%87%D8%B1%D9%8A%D8%A9_(%D8%AA%D9%85%D9%88%D9%8A%D9%84)" title="قيمة جوهرية (تمويل) - arabo" lang="ar" hreflang="ar" data-title="قيمة جوهرية (تمويل)" data-language-autonym="العربية" data-language-local-name="arabo" class="interlanguage-link-target"><span>العربية</span></a></li><li class="interlanguage-link interwiki-ca mw-list-item"><a href="https://ca.wikipedia.org/wiki/Valor_intr%C3%ADnsec_(finances)" title="Valor intrínsec (finances) - catalano" lang="ca" hreflang="ca" data-title="Valor intrínsec (finances)" data-language-autonym="Català" data-language-local-name="catalano" class="interlanguage-link-target"><span>Català</span></a></li><li class="interlanguage-link interwiki-de mw-list-item"><a href="https://de.wikipedia.org/wiki/Innerer_Wert" title="Innerer Wert - tedesco" lang="de" hreflang="de" data-title="Innerer Wert" data-language-autonym="Deutsch" data-language-local-name="tedesco" class="interlanguage-link-target"><span>Deutsch</span></a></li><li class="interlanguage-link interwiki-en mw-list-item"><a href="https://en.wikipedia.org/wiki/Intrinsic_value_(finance)" title="Intrinsic value (finance) - inglese" lang="en" hreflang="en" data-title="Intrinsic value (finance)" data-language-autonym="English" data-language-local-name="inglese" class="interlanguage-link-target"><span>English</span></a></li><li class="interlanguage-link interwiki-es mw-list-item"><a href="https://es.wikipedia.org/wiki/Valor_intr%C3%ADnseco_(finanzas)" title="Valor intrínseco (finanzas) - spagnolo" lang="es" hreflang="es" data-title="Valor intrínseco (finanzas)" data-language-autonym="Español" data-language-local-name="spagnolo" class="interlanguage-link-target"><span>Español</span></a></li><li class="interlanguage-link interwiki-eu mw-list-item"><a href="https://eu.wikipedia.org/wiki/Balio_intrintseko" title="Balio intrintseko - basco" lang="eu" hreflang="eu" data-title="Balio intrintseko" data-language-autonym="Euskara" data-language-local-name="basco" class="interlanguage-link-target"><span>Euskara</span></a></li><li class="interlanguage-link interwiki-fa mw-list-item"><a href="https://fa.wikipedia.org/wiki/%D8%A7%D8%B1%D8%B2%D8%B4_%D8%B0%D8%A7%D8%AA%DB%8C" title="ارزش ذاتی - persiano" lang="fa" hreflang="fa" data-title="ارزش ذاتی" data-language-autonym="فارسی" data-language-local-name="persiano" class="interlanguage-link-target"><span>فارسی</span></a></li><li class="interlanguage-link interwiki-fr mw-list-item"><a href="https://fr.wikipedia.org/wiki/Valeur_intrins%C3%A8que_(finance)" title="Valeur intrinsèque (finance) - francese" lang="fr" hreflang="fr" data-title="Valeur intrinsèque (finance)" data-language-autonym="Français" data-language-local-name="francese" class="interlanguage-link-target"><span>Français</span></a></li><li class="interlanguage-link interwiki-ja mw-list-item"><a href="https://ja.wikipedia.org/wiki/%E5%86%85%E5%9C%A8%E4%BE%A1%E5%80%A4" title="内在価値 - giapponese" lang="ja" hreflang="ja" data-title="内在価値" data-language-autonym="日本語" data-language-local-name="giapponese" class="interlanguage-link-target"><span>日本語</span></a></li><li class="interlanguage-link interwiki-ko mw-list-item"><a href="https://ko.wikipedia.org/wiki/%EB%82%B4%EC%9E%AC_%EA%B0%80%EC%B9%98_(%EA%B8%88%EC%9C%B5)" title="내재 가치 (금융) - coreano" lang="ko" hreflang="ko" data-title="내재 가치 (금융)" data-language-autonym="한국어" data-language-local-name="coreano" class="interlanguage-link-target"><span>한국어</span></a></li><li class="interlanguage-link interwiki-no mw-list-item"><a href="https://no.wikipedia.org/wiki/Fundamentalverdi_(finans)" title="Fundamentalverdi (finans) - norvegese bokmål" lang="nb" hreflang="nb" data-title="Fundamentalverdi (finans)" data-language-autonym="Norsk bokmål" data-language-local-name="norvegese bokmål" class="interlanguage-link-target"><span>Norsk bokmål</span></a></li><li class="interlanguage-link interwiki-pt mw-list-item"><a href="https://pt.wikipedia.org/wiki/Valor_intr%C3%ADnseco_(finan%C3%A7as)" title="Valor intrínseco (finanças) - portoghese" lang="pt" hreflang="pt" data-title="Valor intrínseco (finanças)" data-language-autonym="Português" data-language-local-name="portoghese" class="interlanguage-link-target"><span>Português</span></a></li><li class="interlanguage-link interwiki-th mw-list-item"><a href="https://th.wikipedia.org/wiki/%E0%B8%A1%E0%B8%B9%E0%B8%A5%E0%B8%84%E0%B9%88%E0%B8%B2%E0%B9%81%E0%B8%97%E0%B9%89%E0%B8%88%E0%B8%A3%E0%B8%B4%E0%B8%87" title="มูลค่าแท้จริง - thailandese" lang="th" hreflang="th" data-title="มูลค่าแท้จริง" data-language-autonym="ไทย" data-language-local-name="thailandese" class="interlanguage-link-target"><span>ไทย</span></a></li><li class="interlanguage-link interwiki-tr mw-list-item"><a href="https://tr.wikipedia.org/wiki/%C4%B0%C3%A7sel_de%C4%9Fer" title="İçsel değer - turco" lang="tr" hreflang="tr" data-title="İçsel değer" data-language-autonym="Türkçe" data-language-local-name="turco" class="interlanguage-link-target"><span>Türkçe</span></a></li> </ul> <div class="after-portlet after-portlet-lang"><span class="wb-langlinks-edit wb-langlinks-link"><a href="https://www.wikidata.org/wiki/Special:EntityPage/Q3361981#sitelinks-wikipedia" title="Modifica collegamenti interlinguistici" class="wbc-editpage">Modifica 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</nav> </div> </div> <div id="bodyContent" class="vector-body" aria-labelledby="firstHeading" data-mw-ve-target-container> <div class="vector-body-before-content"> <div class="mw-indicators"> </div> <div id="siteSub" class="noprint">Da Wikipedia, l'enciclopedia libera.</div> </div> <div id="contentSub"><div id="mw-content-subtitle"></div></div> <div id="mw-content-text" class="mw-body-content"><div class="mw-content-ltr mw-parser-output" lang="it" dir="ltr"><style data-mw-deduplicate="TemplateStyles:r133964453">.mw-parser-output .avviso .mbox-text-div>div,.mw-parser-output .avviso .mbox-text-full-div>div{font-size:90%}.mw-parser-output .avviso .mbox-image{flex-basis:52px;flex-grow:0;flex-shrink:0}.mw-parser-output .avviso .mbox-text-full-div .hide-when-compact{display:block}</style><div style="" class="ambox metadata plainlinks avviso avviso-contenuto"> <div class="avviso-immagine mbox-image noprint"><span typeof="mw:File"><a href="/wiki/File:Emblem-important.svg" class="mw-file-description" title="Voce da controllare"><img alt="Voce da controllare" src="//upload.wikimedia.org/wikipedia/commons/thumb/4/4c/Emblem-important.svg/40px-Emblem-important.svg.png" decoding="async" width="40" height="40" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/4/4c/Emblem-important.svg/60px-Emblem-important.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/4/4c/Emblem-important.svg/80px-Emblem-important.svg.png 2x" data-file-width="48" data-file-height="48" /></a></span></div> <div class="avviso-testo mbox-text"> <div class="mbox-text-div"><b>Questa voce o sezione  sull'argomento Economia è ritenuta <a href="/wiki/Aiuto:Voci_da_controllare" title="Aiuto:Voci da controllare">da controllare</a></b>. <div class="hide-when-compact"><b>Motivo</b>: <i>È soltanto un abbozzo</i> <div class="noprint"><hr />Partecipa alla <a href="/wiki/Discussione:Valore_intrinseco" title="Discussione:Valore intrinseco">discussione</a> e/o <a class="external text" href="https://it.wikipedia.org/w/index.php?title=Valore_intrinseco&action=edit">correggi</a> la voce. Segui i suggerimenti del <a href="/wiki/Progetto:Economia" title="Progetto:Economia">progetto di riferimento</a>.</div> </div> </div> </div> </div> <p>Il <b>valore intrinseco</b>, in finanza, è il valore fondamentale di una società, rappresentata da un certo numero di azioni, determinato attraverso una valutazione il cui processo viene effettuato tramite l'analisi fondamentale. </p><p>Generalmente viene applicata alle società quotate per accertare la convenienza di un investimento. </p><p>La definizione differisce sostanzialmente dal valore di mercato, i cui attori sono appunto i partecipanti alla Borsa. </p><p>Il margine di sicurezza è la differenza tra il valore intrinseco di un'<a href="/wiki/Azione_(finanza)" title="Azione (finanza)">azione</a> e il suo <a href="/wiki/Prezzo_di_mercato" title="Prezzo di mercato">prezzo di mercato</a>. </p><p>Quindi, la differenza tra il valore ritenuto equo e il prezzo al quale viene scambiato è detta <a href="/wiki/Margine_di_sicurezza" title="Margine di sicurezza">margine di sicurezza</a>. </p> <meta property="mw:PageProp/toc" /> <div class="mw-heading mw-heading2"><h2 id="Benjamin_Graham">Benjamin Graham</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Valore_intrinseco&veaction=edit&section=1" title="Modifica la sezione Benjamin Graham" class="mw-editsection-visualeditor"><span>modifica</span></a><span class="mw-editsection-divider"> | </span><a href="/w/index.php?title=Valore_intrinseco&action=edit&section=1" title="Edit section's source code: Benjamin Graham"><span>modifica wikitesto</span></a><span class="mw-editsection-bracket">]</span></span></div> <p><a href="/wiki/Benjamin_Graham" title="Benjamin Graham">Benjamin Graham</a>, professore di economia, propone un metodo di valutazione delle aziende che si basa sull'analisi rigorosa delle attività e degli utili attuali, in antitesi al calcolo incerto sull'andamento degli utili futuri immaginato dai professionisti della finanza. </p><p>Nel <a href="/wiki/1949" title="1949">1949</a> nel libro intitolato <i><a href="/wiki/L%27investitore_intelligente" title="L'investitore intelligente">Investitore intelligente</a></i> si rivolge alla persona comune per far comprendere:<sup id="cite_ref-1" class="reference"><a href="#cite_note-1"><span class="cite-bracket">[</span>1<span class="cite-bracket">]</span></a></sup><br /> </p> <table class="wikitable" style="border-collapse:separate; border-spacing:5px; border:0; background-color:transparent;"> <tbody><tr> <th style="font-size:1.2em; background-color:#B2E2EF; border-radius:1em; padding: 0em 0.9em;"> <p>Dicotomia </p> </th> <td style="font-size:1.3em; border:0; padding:0.2em;">→ </td> <td style="font-size:0.9em; border:0; padding:0.2em;">La differenza tra speculazione e investimento </td></tr> <tr> <th style="font-size:1.2em; background-color:#C4E5C6; border-radius:1em; padding: 0em 0.9em;"> <p>Obiettivo </p> </th> <td style="font-size:1.3em; border:0; padding:0.2em;">→ </td> <td style="font-size:0.9em; border:0; padding:0.2em;">L'investitore in azioni è proprietario di un <i>business</i> </td></tr> <tr> <th style="font-size:1.2em; background-color:#FFD9AE; border-radius:1em; padding: 0em 0.9em;"> <p>Studio </p> </th> <td style="font-size:1.3em; border:0; padding:0.2em;">→ </td> <td style="font-size:0.9em; border:0; padding:0.2em;">Come si valuta un'azienda </td></tr> <tr> <th style="font-size:1.2em; background-color:#FDB3AB; border-radius:1em; padding: 0em 0.9em;"> <p>Prezzo </p> </th> <td style="font-size:1.3em; border:0; padding:0.2em;">→ </td> <td style="font-size:0.9em; border:0; padding:0.2em;">L'acquisto con un <i>margine di sicurezza</i> </td></tr> <tr> <th colspan="3" style="border:1px solid #d3d3d3; padding:0;"> </th></tr></tbody></table> <div class="mw-heading mw-heading2"><h2 id="Valutazione">Valutazione</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Valore_intrinseco&veaction=edit&section=2" title="Modifica la sezione Valutazione" class="mw-editsection-visualeditor"><span>modifica</span></a><span class="mw-editsection-divider"> | </span><a href="/w/index.php?title=Valore_intrinseco&action=edit&section=2" title="Edit section's source code: Valutazione"><span>modifica wikitesto</span></a><span class="mw-editsection-bracket">]</span></span></div> <ul><li>L'analisi fondamentale si occupa di stabilire il prezzo corretto di un titolo in base alle caratteristiche economico-finanziarie dell'azienda.</li> <li>Ad esempio, per determinare il fair value, è necessario valutare la solidità patrimoniale.<sup id="cite_ref-2" class="reference"><a href="#cite_note-2"><span class="cite-bracket">[</span>2<span class="cite-bracket">]</span></a></sup></li></ul> <div class="mw-heading mw-heading2"><h2 id="Stima">Stima</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Valore_intrinseco&veaction=edit&section=3" title="Modifica la sezione Stima" class="mw-editsection-visualeditor"><span>modifica</span></a><span class="mw-editsection-divider"> | </span><a href="/w/index.php?title=Valore_intrinseco&action=edit&section=3" title="Edit section's source code: Stima"><span>modifica wikitesto</span></a><span class="mw-editsection-bracket">]</span></span></div> <ul><li>Il procedimento di calcolo consiste nel sommare i redditi futuri che l'attività genererà nel tempo.<sup id="cite_ref-3" class="reference"><a href="#cite_note-3"><span class="cite-bracket">[</span>3<span class="cite-bracket">]</span></a></sup></li> <li>Una stima che permette di ottenere il <a href="/wiki/Valore_attuale" title="Valore attuale">valore attuale</a>.</li></ul> <div class="mw-heading mw-heading2"><h2 id="Formula">Formula</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Valore_intrinseco&veaction=edit&section=4" title="Modifica la sezione Formula" class="mw-editsection-visualeditor"><span>modifica</span></a><span class="mw-editsection-divider"> | </span><a href="/w/index.php?title=Valore_intrinseco&action=edit&section=4" title="Edit section's source code: Formula"><span>modifica wikitesto</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>La formula per calcolare il valore effettivo di un titolo azionario è la seguente: </p><p>x = (CF1 / (1 + r) 1) + (CF2 / (1 + r) 2) + … + (CFn / (1 + r) n) </p> <div class="mw-heading mw-heading2"><h2 id="Warren_Buffett">Warren Buffett</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Valore_intrinseco&veaction=edit&section=5" title="Modifica la sezione Warren Buffett" class="mw-editsection-visualeditor"><span>modifica</span></a><span class="mw-editsection-divider"> | </span><a href="/w/index.php?title=Valore_intrinseco&action=edit&section=5" title="Edit section's source code: Warren Buffett"><span>modifica wikitesto</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Il grande imprenditore americano, da giovane, aveva i seguenti modelli da cui traeva ispirazione: </p> <ul><li>il padre, che nel <a href="/wiki/1942" title="1942">1942</a> venne eletto al Congresso degli Stati Uniti.<sup id="cite_ref-4" class="reference"><a href="#cite_note-4"><span class="cite-bracket">[</span>4<span class="cite-bracket">]</span></a></sup></li> <li><a href="/wiki/Benjamin_Graham" title="Benjamin Graham">Benjamin Graham</a>, un professore che insegnava alla <a href="/wiki/Columbia_University" title="Columbia University">Columbia Business School</a>.</li></ul> <p>Durante la sua permanenza alla Columbia University, <a href="/wiki/Warren_Buffett" title="Warren Buffett">Warren Buffett</a> ebbe la fortuna di avere <a href="/wiki/Benjamin_Graham" title="Benjamin Graham">Benjamin Graham</a> come insegnante e mentore. Il professore di economia aveva avuto successo perché era l'autore del libro <i><a href="/wiki/The_Intelligent_Investor" class="mw-redirect" title="The Intelligent Investor">The intelligent investor</a></i>. In pratica gli trasmise la conoscenza del (<a href="/wiki/Value_investing" title="Value investing">value investing</a>), un metodo per l'acquisto di titoli azionari al di sotto del loro reale valore. </p> <div class="mw-heading mw-heading2"><h2 id="Note">Note</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Valore_intrinseco&veaction=edit&section=6" title="Modifica la sezione Note" class="mw-editsection-visualeditor"><span>modifica</span></a><span class="mw-editsection-divider"> | </span><a href="/w/index.php?title=Valore_intrinseco&action=edit&section=6" title="Edit section's source code: Note"><span>modifica wikitesto</span></a><span class="mw-editsection-bracket">]</span></span></div> <div class="mw-references-wrap"><ol class="references"> <li id="cite_note-1"><a href="#cite_ref-1"><b>^</b></a> <span class="reference-text"><cite class="citation libro" style="font-style:normal"> Benjamin Graham, <span style="font-style:italic;">L'investitore intelligente</span>, 2020 <abbr title="Data di edizione originale">[1949]</abbr>.</cite></span> </li> <li id="cite_note-2"><a href="#cite_ref-2"><b>^</b></a> <span class="reference-text"><a rel="nofollow" class="external text" href="https://www.investopedia.com/terms/i/intrinsicvalue.asp">What is intrinsic value?, in inglese su investopedia.com, 25 febbraio 2021</a></span> </li> <li id="cite_note-3"><a href="#cite_ref-3"><b>^</b></a> <span class="reference-text"><a rel="nofollow" class="external text" href="https://www.fool.com/investing/how-to-invest/stocks/intrinsic-value/">How to calculate the intrinsic value of a stock, in inglese su fool.com, letto il 7 agosto 2022</a></span> </li> <li id="cite_note-4"><a href="#cite_ref-4"><b>^</b></a> <span class="reference-text"><a rel="nofollow" class="external text" href="https://books.google.it/books/about/Il_metodo_Warren_Buffett.html">Il metodo Warren Buffett: i segreti del più grande investitore del mondo, Hoepli Editore, 26 luglio 2022</a></span> </li> </ol></div> <div class="mw-heading mw-heading2"><h2 id="Voci_correlate">Voci correlate</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Valore_intrinseco&veaction=edit&section=7" title="Modifica la sezione Voci correlate" class="mw-editsection-visualeditor"><span>modifica</span></a><span class="mw-editsection-divider"> | </span><a href="/w/index.php?title=Valore_intrinseco&action=edit&section=7" title="Edit section's source code: Voci correlate"><span>modifica wikitesto</span></a><span class="mw-editsection-bracket">]</span></span></div> <ul><li><a href="/wiki/Analisi_fondamentale" title="Analisi fondamentale">Analisi fondamentale</a></li> <li><a href="/wiki/Inflazione" title="Inflazione">Inflazione</a></li> <li><a href="/wiki/Margine_di_sicurezza" title="Margine di sicurezza">Margine di sicurezza</a></li> <li><a href="/wiki/Signoraggio" title="Signoraggio">Signoraggio</a></li> <li><a href="/wiki/Valore_attuale" title="Valore attuale">Valore attuale</a></li> <li><a href="/wiki/Valore_di_mercato" title="Valore di mercato">Valore di mercato</a></li> <li><a href="/wiki/Valore_nominale" title="Valore nominale">Valore nominale</a></li></ul> <div class="noprint" style="width:100%; 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