Ocenění společnosti při zohlednění faktoru rizika a flexibility

Abstract

The aim of the diploma thesis is to determine the value of the selected company using the methodology of real options. A simulation approach is used for the valuation. The thesis is divided into six parts, including the introduction and the conclusion. The second chapter is devoted to the description of the methodology of real options, financial options, Monte Carlo simulation and company valuation. The third chapter is focused on a brief introduction of the selected company and performing the financial analysis of this company. The fourth chapter, which is a key part of this thesis, is focused on the application of the methodology of real options in the valuation of equity of the selected company. In the fifth chapter, a sensitivity analysis is performed, and the achieved results are evaluated and summarized.