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Farfetch - where disruptive innovation meets luxury fashion

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Resumo:The present Equity Research serves the purpose of performinga valuation of Farfetch, the leadingtechnology platform for the global luxury fashion industry. The valuation was performed consideringthe company’s bulls–it belongsto an expanding market;it followsthe market trends; it disruptsthe market–and itsbears–it might not sustain high takerates in thefuture; the possible negative effect of itsmergers and acquisitionsstrategy;Brexit.After analysing the company and the market, a Discounted Cash Flowmodel was built. Our final recommendationis a Buy, with a price targetof $16.98.
Autores principais:Enes, Maria Inês Barreiro
Assunto:Disrupt Future Luxury Technology.
Ano:2020
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:The present Equity Research serves the purpose of performinga valuation of Farfetch, the leadingtechnology platform for the global luxury fashion industry. The valuation was performed consideringthe company’s bulls–it belongsto an expanding market;it followsthe market trends; it disruptsthe market–and itsbears–it might not sustain high takerates in thefuture; the possible negative effect of itsmergers and acquisitionsstrategy;Brexit.After analysing the company and the market, a Discounted Cash Flowmodel was built. Our final recommendationis a Buy, with a price targetof $16.98.