Fundamentální analýza akcií společnosti Telefónica O2 Czech Republic, a.s.

Abstract

The aim of this thesis is the assessing intrinsic value of the Telefónica Czech Republic, Inc. stock, by using specific approach of the fundamental analysis. Fundamental analysis is a method of evaluating company stock, its statement, health and future development. First part is focused on fundamental analysis on its own as a method used to determine the state of stock quotes, especially its analysis. The theoretical part of my final thesis deals with particular fundamental analysis aspects; global, sector and company analysis, that are finally applied when particular company assessing is made. Final part of my thesis focuses on assessing intrinsic value of the company stock when some specific methods are used. The means that are taken into consideration are dividend discount models, profitable models, accounting models, historicals models or cash-flow models. Final intrinsic value is then compared with stock market quotes. This comparison is the way how to find out if the particular stock is overvalued, undervalued or correctly (fair) priced and right investing strategy can be recommended to the investor.