Equity research in the automotive industry: valuation of BMW: BMW’s success at crossroads

Detalhes bibliográficos
Autor(a) principal: Olschewski, Marcel Philipp
Data de Publicação: 2020
Tipo de documento: Dissertação
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10362/115553
Resumo: This work project “Equity Research –Valuation of BMW” analyzes BMW’s business within the automotive industry. Given as trong demand for BMW’s luxury cars, e.g. SUVs, we estimate further modest sales growth of 1.2%-1.6%in a challenging environment. However, this imposes potential fines for missing EU CO2fleet emission target but also finance the necessary R&D and CAPEX needs to master the current sector trends. This results in a lower operating profitability in the future. Our valuation for BMW yields a price target of €75.52for FY20, which results in a 7.4% total shareholder return and hence, a HOLD recommendation
id RCAP_76cb7d46b04de4d69baa13ab1ebfd502
oai_identifier_str oai:run.unl.pt:10362/115553
network_acronym_str RCAP
network_name_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository_id_str 7160
spelling Equity research in the automotive industry: valuation of BMW: BMW’s success at crossroadsEquity researchAutomotive industryBMWValuationDomínio/Área Científica::Ciências Sociais::Economia e GestãoThis work project “Equity Research –Valuation of BMW” analyzes BMW’s business within the automotive industry. Given as trong demand for BMW’s luxury cars, e.g. SUVs, we estimate further modest sales growth of 1.2%-1.6%in a challenging environment. However, this imposes potential fines for missing EU CO2fleet emission target but also finance the necessary R&D and CAPEX needs to master the current sector trends. This results in a lower operating profitability in the future. Our valuation for BMW yields a price target of €75.52for FY20, which results in a 7.4% total shareholder return and hence, a HOLD recommendationSá, Nuno Quartin Bastos de Vasconcelos eRUNOlschewski, Marcel Philipp2024-01-03T01:30:53Z2020-01-152020-01-032020-01-15T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisapplication/pdfhttp://hdl.handle.net/10362/115553TID:202495205enginfo: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:RCAAP2024-03-11T04:58:06Zoai:run.unl.pt:10362/115553Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-20T03:42:47.135821Repositório 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 research in the automotive industry: valuation of BMW: BMW’s success at crossroads
title Equity research in the automotive industry: valuation of BMW: BMW’s success at crossroads
spellingShingle Equity research in the automotive industry: valuation of BMW: BMW’s success at crossroads
Olschewski, Marcel Philipp
Equity research
Automotive industry
BMW
Valuation
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
title_short Equity research in the automotive industry: valuation of BMW: BMW’s success at crossroads
title_full Equity research in the automotive industry: valuation of BMW: BMW’s success at crossroads
title_fullStr Equity research in the automotive industry: valuation of BMW: BMW’s success at crossroads
title_full_unstemmed Equity research in the automotive industry: valuation of BMW: BMW’s success at crossroads
title_sort Equity research in the automotive industry: valuation of BMW: BMW’s success at crossroads
author Olschewski, Marcel Philipp
author_facet Olschewski, Marcel Philipp
author_role author
dc.contributor.none.fl_str_mv Sá, Nuno Quartin Bastos de Vasconcelos e
RUN
dc.contributor.author.fl_str_mv Olschewski, Marcel Philipp
dc.subject.por.fl_str_mv Equity research
Automotive industry
BMW
Valuation
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
topic Equity research
Automotive industry
BMW
Valuation
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
description This work project “Equity Research –Valuation of BMW” analyzes BMW’s business within the automotive industry. Given as trong demand for BMW’s luxury cars, e.g. SUVs, we estimate further modest sales growth of 1.2%-1.6%in a challenging environment. However, this imposes potential fines for missing EU CO2fleet emission target but also finance the necessary R&D and CAPEX needs to master the current sector trends. This results in a lower operating profitability in the future. Our valuation for BMW yields a price target of €75.52for FY20, which results in a 7.4% total shareholder return and hence, a HOLD recommendation
publishDate 2020
dc.date.none.fl_str_mv 2020-01-15
2020-01-03
2020-01-15T00:00:00Z
2024-01-03T01:30:53Z
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/10362/115553
TID:202495205
url http://hdl.handle.net/10362/115553
identifier_str_mv TID:202495205
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
_version_ 1799138039016980480

Registros relacionados