Equity research in the automotive industry: valuation of BMW: BMW’s success at crossroads
Autor(a) principal: | |
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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 |
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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 |
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1799138039016980480 |