Stanovení hodnoty podniku pomocí vybraných metod

Abstract

The main goal of this thesis was to determine the market value of the selected company PEGAS NONWOVENS S.A. together with the probability distribution of values at the date of 1. 4. 2015. A partial goal of this thesis was to compare the results of each method and the results of one method based on different capital structures. The thesis is, apart from the introduction and conclusion, divided into three chapters. The second chapter was devoted to a theoretical basis of valuation, on which valuation of company was performed. In the third chapter was valued company briefly introduced and subsequently was performed strategic and financial analysis, whose conclusions were summarized in a SWOT analysis. The fourth chapter focused on the valuation of the company itself. First was created a functional model of the development of company sales and subsequent simulating of random development of individual explanatory variables of the model determined 10,000 sales scenarios under which were long-term financial plans of the company compiled, from which were for each scenario derived the cost of the total capital in individual years . The chapter concludes with a valuation of the company by selected valuation methods, evaluation and comparison of results.