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Equity report on caterpillar Inc

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Resumo:This paper is presented in the form of an equity report, aiming to evaluate Caterpillar Inc. per share value, comparing its market value with its fair value. This manuscript presents investors with two valuation methodologies – Market Multiples and the Adjusted Present Value – that define a target price range for Caterpillar’s stocks. The first model compares Caterpillar accountings with its major competitors’ data and in the second model a 10-year forecast valuation was built. Based on the referred methods and supported on the analysis of the firm’s performance and future outlook a sell investment recommendation was made by the author.
Autores principais:Melo, José Maria Correia de Sampaio
Assunto:Equity report Caterpillar inc. Multiples valuation Adjusted present value
Ano:2017
País:Portugal
Tipo de documento:dissertação de mestrado
Tipo de acesso:acesso aberto
Instituição associada:Universidade Nova de Lisboa
Idioma:inglês
Origem:Repositório Institucional da UNL
Descrição
Resumo:This paper is presented in the form of an equity report, aiming to evaluate Caterpillar Inc. per share value, comparing its market value with its fair value. This manuscript presents investors with two valuation methodologies – Market Multiples and the Adjusted Present Value – that define a target price range for Caterpillar’s stocks. The first model compares Caterpillar accountings with its major competitors’ data and in the second model a 10-year forecast valuation was built. Based on the referred methods and supported on the analysis of the firm’s performance and future outlook a sell investment recommendation was made by the author.