Publication
Equity research report Lindt & Sprungli
| Summary: | This equity research report evaluates Lindt & Sprüngli AG and delivers a well-founded investment recommendation. The analysis incorporates findings from historical financial data, peer benchmarking, Monte Carlo simulations, and valuation methods like DCF and comparables. Although this report was developed collaboratively with my partner Stefan, my primary contributions include the Beta estimation, risk-free rate analysis, cost of equity, cost of debt, weighted average cost of capital (WACC), return on invested capital (ROIC), discounted cash flow (DCF) valuation, sensitivity analysis, and Monte Carlo simulations. I also performed scenario-based assessments to identify potential risks and valuation impacts. I extend my gratitude to Professor Rosário André for her valuable supervision and to industry professionals whose expertise significantly enriched our analysis and conclusions. |
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| Main Authors: | Tohidi, parsa |
| Subject: | Reformulation Discounted cash flow Beta estimation Risk-free rate |
| Year: | 2025 |
| Country: | Portugal |
| Document type: | master thesis |
| Access type: | open access |
| Associated institution: | Universidade Nova de Lisboa |
| Language: | English |
| Origin: | Repositório Institucional da UNL |
| Summary: | This equity research report evaluates Lindt & Sprüngli AG and delivers a well-founded investment recommendation. The analysis incorporates findings from historical financial data, peer benchmarking, Monte Carlo simulations, and valuation methods like DCF and comparables. Although this report was developed collaboratively with my partner Stefan, my primary contributions include the Beta estimation, risk-free rate analysis, cost of equity, cost of debt, weighted average cost of capital (WACC), return on invested capital (ROIC), discounted cash flow (DCF) valuation, sensitivity analysis, and Monte Carlo simulations. I also performed scenario-based assessments to identify potential risks and valuation impacts. I extend my gratitude to Professor Rosário André for her valuable supervision and to industry professionals whose expertise significantly enriched our analysis and conclusions. |
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