Author(s): Silva, Ana Rita Tavares Castro
Date: 2020
Persistent ID: http://hdl.handle.net/10362/106050
Origin: Repositório Institucional da UNL
Project/scholarship: info:eu-repo/grantAgreement/FCT/6817 - DCRRNI ID/UID/ECO/00124/2013/PT;
Subject(s): Valuation; Equity
Baker’s Yeast Company (BYC) is an industrial Portuguese firm that produces baker’s yeast and its related products. The aim of this project is to build a valuation model of the company based on a Discounted Cash Flows methodology. The report is divided in three parts: Company and Industry Overview studies the market, the main value drivers and the firm’s competitive position; Valuation Model is focused on the historical and forecasted performance, as well as the cost of capital estimation; and Valuation Outcome tests the resulting Equity Value with a multiples valuation, a sensitivity and a scenario analysis.
