Stanovení hodnoty podniku vybranými metodami a jejich komparace

Abstract

The goal of my thesis is to determine value of BM Servis a.s. (joint stock company) value to the date of January 1st 2010 based on selected methods, and in my thesis, specifically DCF entity and EVA entity methods will be used.

My thesis is divided into four basic parts. First part is focussed on theoretical explanation. In the next one, rated BM servis a.s. company is presented, its history as well as company management described. Then strategic and financial analysis is worked out. Last but one chapter is built on the first one, in which there is long-term financial plan drawn up for the period of 2010-2014, capital costs and value of the company by selected methods are determined. In the last chapter analysis of sensitivity of selected parameters is worked out.

Total value of BM servis a.s. company to the date of January 1st 2010 calculated by DCF entity method made 117, 480.00 thousand CZK, then by EVA entity 77, 716.00 thousand CZK. When changing input parameters by 6 %, the company value calculated by DCF entity method is between 110, 529.00 thousand CZK and 125, 326.00 thousand CZK, by EVA entity method it is between 72, 249.00 thousand CZK and 83, 249.00 thousand CZK