Ocenění společnosti za rizika a flexibility

Abstract

The aim of the diploma thesis is the valuation of the company Indet Safety Systems a.s. under risk and flexibility. The diploma thesis is divided into the five chapters. The second chapter describes the real option methodology by which the company is valued. There is described basic terminology financial and real options, their types and the factors that affect them, the models used for valuation and the specific process of valuing the company. The following chapter introduces the company, which was subjected to valuation. There are the basic data about the company, development, environmental impacts and brief financial analysis. The fourth chapter deals with the application the real option methodology to the selected company. It includes the determination of input parameters, calculation of the underlying asset, realization price and internal value of the option, financial and operational flexibility and at the end the results obtained are evaluated.