BMW group equity research - a shift in gear

Detalhes bibliográficos
Autor(a) principal: Ganhão, Gonçalo Almeida Pélico Veiga
Data de Publicação: 2021
Tipo de documento: Dissertação
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10362/133499
Resumo: This Work Project consists of an Equity Research, focused on the intrinsic valuation of the company BMW AG. A sum of the parts valuation model is used to quantify the value of the firms’ businesses that range from car and motorcycle manufacturing to financial services. Although BMW enjoys a strong branding power, challenges in the form of innovative competition in the EVs segment, production disruption due to a shortage of semiconductor chips and possible government intervention in key regions severely decrease growth possibilities. We forecast a sales growth in the region of 1.2%-3.0% after 2022 and slightly increasing margins. Our result yields a HOLD recommendation with 5.1% shareholder return for FY2022.
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spelling BMW group equity research - a shift in gearValuationElectric vehiclesAutomotive industryBmw groupShare priceBMW equity researchDomínio/Área Científica::Ciências Sociais::Economia e GestãoThis Work Project consists of an Equity Research, focused on the intrinsic valuation of the company BMW AG. A sum of the parts valuation model is used to quantify the value of the firms’ businesses that range from car and motorcycle manufacturing to financial services. Although BMW enjoys a strong branding power, challenges in the form of innovative competition in the EVs segment, production disruption due to a shortage of semiconductor chips and possible government intervention in key regions severely decrease growth possibilities. We forecast a sales growth in the region of 1.2%-3.0% after 2022 and slightly increasing margins. Our result yields a HOLD recommendation with 5.1% shareholder return for FY2022.Sá, Nuno Quartin Bastos de Vasconcelos eRUNGanhão, Gonçalo Almeida Pélico Veiga2022-02-24T17:16:56Z2021-09-212021-09-072021-09-21T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisapplication/pdfhttp://hdl.handle.net/10362/133499TID:202837564enginfo: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:RCAAP2024-03-11T05:12:08Zoai:run.unl.pt:10362/133499Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-20T03:47:49.385798Repositório 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 BMW group equity research - a shift in gear
title BMW group equity research - a shift in gear
spellingShingle BMW group equity research - a shift in gear
Ganhão, Gonçalo Almeida Pélico Veiga
Valuation
Electric vehicles
Automotive industry
Bmw group
Share price
BMW equity research
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
title_short BMW group equity research - a shift in gear
title_full BMW group equity research - a shift in gear
title_fullStr BMW group equity research - a shift in gear
title_full_unstemmed BMW group equity research - a shift in gear
title_sort BMW group equity research - a shift in gear
author Ganhão, Gonçalo Almeida Pélico Veiga
author_facet Ganhão, Gonçalo Almeida Pélico Veiga
author_role author
dc.contributor.none.fl_str_mv Sá, Nuno Quartin Bastos de Vasconcelos e
RUN
dc.contributor.author.fl_str_mv Ganhão, Gonçalo Almeida Pélico Veiga
dc.subject.por.fl_str_mv Valuation
Electric vehicles
Automotive industry
Bmw group
Share price
BMW equity research
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
topic Valuation
Electric vehicles
Automotive industry
Bmw group
Share price
BMW equity research
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
description This Work Project consists of an Equity Research, focused on the intrinsic valuation of the company BMW AG. A sum of the parts valuation model is used to quantify the value of the firms’ businesses that range from car and motorcycle manufacturing to financial services. Although BMW enjoys a strong branding power, challenges in the form of innovative competition in the EVs segment, production disruption due to a shortage of semiconductor chips and possible government intervention in key regions severely decrease growth possibilities. We forecast a sales growth in the region of 1.2%-3.0% after 2022 and slightly increasing margins. Our result yields a HOLD recommendation with 5.1% shareholder return for FY2022.
publishDate 2021
dc.date.none.fl_str_mv 2021-09-21
2021-09-07
2021-09-21T00:00:00Z
2022-02-24T17:16:56Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/masterThesis
format masterThesis
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10362/133499
TID:202837564
url http://hdl.handle.net/10362/133499
identifier_str_mv TID:202837564
dc.language.iso.fl_str_mv eng
language eng
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron:RCAAP
instname_str Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron_str RCAAP
institution RCAAP
reponame_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
collection Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
repository.mail.fl_str_mv
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