Ocenění společnosti se zaměřením na konvergenční procesy generátorů hodnoty

Abstract

This diploma thesis is focused on company valuation, while the main goal is to estimate market brutto value of real brewery. Valuation is performed as at 31 December 2020 using DCF method and with consideration of value generators convergence processes. Diploma thesis consist of total five chapters including introduction and conclusion. Valuation theoretical basis and used methods are described in the second chapter. The third chapter introduce valued company by its bussiness operation, relevant market and financial analysis, which lead to fulfilment of going concern principle. Aplication of selected methods is done in fourth chapter, when input variables are defined in first place followed up by stochastic process simulation. Results are represented by probability distribution of company value gained through DCF entity method with parametric expression of free cash flow. Results are also compared to company value gained by industry multiples method. For main scenario sensibility analysis for selected variables is performed as well. The end of chapter is focused on actual global challenges and its impact on company value.