Amazon.com, Inc. : equity valuation
Autor(a) principal: | |
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Data de Publicação: | 2018 |
Tipo de documento: | Dissertação |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/10400.14/25369 |
Resumo: | The aim of this dissertation was to combine both theory and practice to find the Amazon’s equity value, using all methods available, choosing those that are more suitable for this firm in this explicit period. From all methods commonly used, the APV and the Relative Valuation were the ones chosen, and from these two only the APV was used to compare with the report from Citi. The model used (Adjusted Present Value) and its assumptions gave a value per share of 1381.70 dollars, a far superior value to the one traded on the market on the same day (1020.04), therefore it is recommended to buy and hold the stock. After computing the stock value, a sensitivity analysis was done to better access the impact that some variables have on the stock’s value. Finally, a comparison with the report from Citi was conducted, to test the veracity of this dissertation. In that report Citi states that the stock should be valued at 1200. In this dissertation it was concluded that even this value of 1200 is underpricing the firm, that has a huge potential to take the world. |
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Amazon.com, Inc. : equity valuationDomínio/Área Científica::Ciências Sociais::Economia e GestãoThe aim of this dissertation was to combine both theory and practice to find the Amazon’s equity value, using all methods available, choosing those that are more suitable for this firm in this explicit period. From all methods commonly used, the APV and the Relative Valuation were the ones chosen, and from these two only the APV was used to compare with the report from Citi. The model used (Adjusted Present Value) and its assumptions gave a value per share of 1381.70 dollars, a far superior value to the one traded on the market on the same day (1020.04), therefore it is recommended to buy and hold the stock. After computing the stock value, a sensitivity analysis was done to better access the impact that some variables have on the stock’s value. Finally, a comparison with the report from Citi was conducted, to test the veracity of this dissertation. In that report Citi states that the stock should be valued at 1200. In this dissertation it was concluded that even this value of 1200 is underpricing the firm, that has a huge potential to take the world.O objetivo desta tese era em combinar tanto a parte teórica como a parte prática, de maneira a chegar ao valor do capital próprio da Amazon, usando todos os métodos disponíveis, escolhendo aqueles que mais se adequam a esta empresa, neste período específico. O modelo usado (Valor Presente Ajustado) e as suas premissas deram o valor de 1381.70 dólares por ação, um valor bastante superior ao que era trocado no mercado naquele dia (1020,04), daí ser recomendado comprar e guardar a ação. Após ter sido calculado o valor da ação, foi feito uma análise de sensitividade para entender melhor o impacto que algumas variáveis têm no valor da empresa. Finalmente, foi feita uma comparação com o relatório do Citi, para verificar a veracidade desta tese. Nesse relatório o Citi afirma que a ação deveria valer 1200. Nesta tese foi concluído que até este valor de 1200 subvaloriza a Amazon, que tem um potencial enorme para conquistar o mundo.Martins, José Carlos TudelaVeritati - Repositório Institucional da Universidade Católica PortuguesaVidal, Francisco Maria Alves Martins Cardoso2018-07-31T10:47:40Z2018-05-1520182018-05-15T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisapplication/pdfhttp://hdl.handle.net/10400.14/25369TID:201931362enginfo: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:RCAAP2023-07-12T17:30:45ZPortal AgregadorONG |
dc.title.none.fl_str_mv |
Amazon.com, Inc. : equity valuation |
title |
Amazon.com, Inc. : equity valuation |
spellingShingle |
Amazon.com, Inc. : equity valuation Vidal, Francisco Maria Alves Martins Cardoso Domínio/Área Científica::Ciências Sociais::Economia e Gestão |
title_short |
Amazon.com, Inc. : equity valuation |
title_full |
Amazon.com, Inc. : equity valuation |
title_fullStr |
Amazon.com, Inc. : equity valuation |
title_full_unstemmed |
Amazon.com, Inc. : equity valuation |
title_sort |
Amazon.com, Inc. : equity valuation |
author |
Vidal, Francisco Maria Alves Martins Cardoso |
author_facet |
Vidal, Francisco Maria Alves Martins Cardoso |
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 |
Vidal, Francisco Maria Alves Martins Cardoso |
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 aim of this dissertation was to combine both theory and practice to find the Amazon’s equity value, using all methods available, choosing those that are more suitable for this firm in this explicit period. From all methods commonly used, the APV and the Relative Valuation were the ones chosen, and from these two only the APV was used to compare with the report from Citi. The model used (Adjusted Present Value) and its assumptions gave a value per share of 1381.70 dollars, a far superior value to the one traded on the market on the same day (1020.04), therefore it is recommended to buy and hold the stock. After computing the stock value, a sensitivity analysis was done to better access the impact that some variables have on the stock’s value. Finally, a comparison with the report from Citi was conducted, to test the veracity of this dissertation. In that report Citi states that the stock should be valued at 1200. In this dissertation it was concluded that even this value of 1200 is underpricing the firm, that has a huge potential to take the world. |
publishDate |
2018 |
dc.date.none.fl_str_mv |
2018-07-31T10:47:40Z 2018-05-15 2018 2018-05-15T00:00:00Z |
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/10400.14/25369 TID:201931362 |
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http://hdl.handle.net/10400.14/25369 |
identifier_str_mv |
TID:201931362 |
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eng |
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eng |
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info:eu-repo/semantics/openAccess |
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openAccess |
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Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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RCAAP |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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