[PDF] Top 20 Equity valuation : Eurocash SA

... a valuation is not a synonym of a quest for defining the “true” value of a ...A valuation is neither objective nor precise, as all valuations are ... See full document

... Taking into consideration the volatility of the results presented above and the potential impact of currency effects on revenues, it was found better to perform a scenario probability analysis, in order to understand if ... See full document

... APV valuation the company’s value is computed by first considering a no debt scenario and then adding both the benefits and the costs of ...the valuation targets, is to know how they were ... See full document

... The valuation is based on both a pulp and biomass energy industry analysis, complemented by a company analysis in order to form assumptions for the ...The valuation of Ence is computed through a Discounted ... See full document

... Based on the data presented above, it is noticeable that relative stable EBIT and EBITDA margin have been distorted in FY2018. This is mainly a result of higher administrative expenses that were caused by increased ... See full document

... Producers are paid by Shippers, in exchange for the NG sold. Shippers are paid by Consumers and pay to Carriers and Distributors for their service. Consumers are able to pay through two different mechanism. In the first, ... See full document

... Opera t ing cos ts shou ld be expec ted to increase a t an equ iva len t ra te in order to accoun t for the “produc t ion” increase... For those reasons , the compan ies h ig[r] ... See full document

... multiples’ valuation performed by ...segment’s valuation is based on book and market ...this valuation technique, 78€/share, is in-between the values we got for our multiples’ valuation with ... See full document

... to valuation (Damodaran, ...accounting valuation, assesses the value of firms taken into account the book value of its ...relative valuation, which is a fairly popular method, relies on multiples and ... See full document

... new Eurocash Discount Cash & Carry stores, the development of Delikatesy Centrum franchise chain and the replacement ...investments Eurocash Group aims to use the resources generated by the ...the ... See full document

... Industry was the first criteria, since it was considered very important the market segment where the companies act. Being a sportswear company with some presence in the technological market, the companies chosen for the ... See full document

... There are also other multiples based on non-financial information, which are the industry multiples. In the case of Internet companies like Asos, a widely used metric is the EV to active customers. Active customers are ... See full document

... multiple valuation is not an approach to develop the intrinsic value of a company, but more an estimation for the value at current market conditions as the value is derived from the market momentum of comparable ... See full document

... Nesta dissertação, o preço das ações da Carlsberg A/S, à data de 28 de fevereiro de 2019, foi examinado para identificar se este está sub- ou sobreavaliado ou se tem um preço adequado. Em primeiro lugar, foram ... See full document

... Book Value Based Valuation is firmly based upon a thorough analysis of a company’s balance sheets and income statements. Various issues arise from this method, namely; do historical accounts present a strong ... See full document

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... each valuation methodology is applied under certain assumptions, and that is why there is not a single methodology to be ...overall valuation which accounts usually more than 80% of the overall Enterprise ... See full document

... relative valuation seeks to estimate the value of a business, based on how ‘‘comparable’’ businesses are priced on the market (Damodaran, ...supportive valuation to a fundamental approach in order to probe ... See full document

... important valuation methods, their main advantages, constrains or limitations and their ...DCF valuation with an explicit period of five ...multiples valuation was performed to understand the company ... See full document

... the equity valuation subject which enabled me to have a more profound knowledge of the matter and which I believe it will turn out to be very useful in the ...regarding valuation method and ... See full document