Autor(es):
Silva, Ana Rita Tavares Castro
Data: 2020
Identificador Persistente: http://hdl.handle.net/10362/106050
Origem: Repositório Institucional da UNL
Projeto/bolsa:
info:eu-repo/grantAgreement/FCT/6817 - DCRRNI ID/UID/ECO/00124/2013/PT;
Assunto(s): Valuation; Equity
Descrição
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.