Equity valuation : Koninklijke Ahold NV

Detalhes bibliográficos
Autor(a) principal: Ferreira, Bernardo Godinho dos Santos Gaspar
Data de Publicação: 2014
Tipo de documento: Dissertação
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10400.14/16630
Resumo: The present dissertation aims to value the Dutch retailer group, Koninklijke Ahold NV (Ahold), implementing the theory of equity valuation. An efficient combination between theory and practice should be implemented throughout the valuation in order to obtain the most accurate result that can be complied with reality. This paper starts to introduce which different frameworks are available, explaining afterwards, which are the most relevant for the valuation of the referred company. Ahold was valued as the sum of parts of the different business geographies in which the company currently operates, using the Discounted Cash Flow approach and the Multiples valuation. Lastly, the results are compared with an investment bank research note where the divergences will be analyzed and explained.
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spelling Equity valuation : Koninklijke Ahold NVDomínio/Área Científica::Ciências Sociais::Economia e GestãoThe present dissertation aims to value the Dutch retailer group, Koninklijke Ahold NV (Ahold), implementing the theory of equity valuation. An efficient combination between theory and practice should be implemented throughout the valuation in order to obtain the most accurate result that can be complied with reality. This paper starts to introduce which different frameworks are available, explaining afterwards, which are the most relevant for the valuation of the referred company. Ahold was valued as the sum of parts of the different business geographies in which the company currently operates, using the Discounted Cash Flow approach and the Multiples valuation. Lastly, the results are compared with an investment bank research note where the divergences will be analyzed and explained.Martins, José Carlos TudelaVeritati - Repositório Institucional da Universidade Católica PortuguesaFerreira, Bernardo Godinho dos Santos Gaspar2015-02-12T10:35:31Z2014-10-2820142014-10-28T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisapplication/pdfhttp://hdl.handle.net/10400.14/16630TID:201123037enginfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-12-05T01:36:24Zoai:repositorio.ucp.pt:10400.14/16630Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T18:13:48.837490Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Equity valuation : Koninklijke Ahold NV
title Equity valuation : Koninklijke Ahold NV
spellingShingle Equity valuation : Koninklijke Ahold NV
Ferreira, Bernardo Godinho dos Santos Gaspar
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
title_short Equity valuation : Koninklijke Ahold NV
title_full Equity valuation : Koninklijke Ahold NV
title_fullStr Equity valuation : Koninklijke Ahold NV
title_full_unstemmed Equity valuation : Koninklijke Ahold NV
title_sort Equity valuation : Koninklijke Ahold NV
author Ferreira, Bernardo Godinho dos Santos Gaspar
author_facet Ferreira, Bernardo Godinho dos Santos Gaspar
author_role author
dc.contributor.none.fl_str_mv Martins, José Carlos Tudela
Veritati - Repositório Institucional da Universidade Católica Portuguesa
dc.contributor.author.fl_str_mv Ferreira, Bernardo Godinho dos Santos Gaspar
dc.subject.por.fl_str_mv Domínio/Área Científica::Ciências Sociais::Economia e Gestão
topic Domínio/Área Científica::Ciências Sociais::Economia e Gestão
description The present dissertation aims to value the Dutch retailer group, Koninklijke Ahold NV (Ahold), implementing the theory of equity valuation. An efficient combination between theory and practice should be implemented throughout the valuation in order to obtain the most accurate result that can be complied with reality. This paper starts to introduce which different frameworks are available, explaining afterwards, which are the most relevant for the valuation of the referred company. Ahold was valued as the sum of parts of the different business geographies in which the company currently operates, using the Discounted Cash Flow approach and the Multiples valuation. Lastly, the results are compared with an investment bank research note where the divergences will be analyzed and explained.
publishDate 2014
dc.date.none.fl_str_mv 2014-10-28
2014
2014-10-28T00:00:00Z
2015-02-12T10:35:31Z
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