Ocenění podniku vybranými metodami

Abstract

The aim of this thesis is valuation of the company FARMAK, Inc. to date January 1, 2015 by means of selected methods, two-stage discounted cash flow method DCF - Entity, capitalized earnings method, a two-stage method EVA - Entity and accounting method. The thesis is divided into six chapters, the first of which consists of the introduction and final chapter is conclusion. First, basic concepts of valuation are defined and then describes the process of valuation, which will be applied in this work. There are also individual methods of valuation and sensitivity analysis. The third chapter is a strategic analysis, financial analysis and based on the results of subsequent SWOT analysis. The fourth chapter is devoted to the valuation of the company by means of selected method. First is made asset allocation to operationally necessary and unnecessary, then it is the financial plan, then are calculated cost of capital and ultimately determined the final value of the company. For each of the valuation methods is a sensitivity analysis on selected factors. Assessing the results of the award is presented in chapter five.