Ocenění podniku v odvětví potravinářského průmyslu

Abstract

Target of this diploma thesis is Marlenka International, s.r.o. capital value specification at 1th of january 2013 with chosen two-phases Discounted Cash Flow method. Work is devided to five chapters, where three are the main. First chapter include methodological part, second include company characteristic, its profile and production activity. Third chapter include valuation itself. Sales are predicted based on the Specific Wiener process. Father business economy results are predicted and also Free Cash Flow to the Equity. Equity costs are established and at the end is calculated total valuaiton of Equity for thousand possible scenery. For better results interpretation basic characteristics, Value at Risk are calculated. Intervals are established, in which total results of equity are placed with probabilities 68% and 95%.