Equity research report Hornbach Baumarkt AG
Autor(a) principal: | |
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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/10362/138591 |
Resumo: | This paper creates an overview about the key findings from an equity research analysis that was conducted to make a reasonable assumption about the fair value share price of Hornbach Baumarkt AG. The main problem regarding this analysis was the availability of information and the past two years of the Covid-19 pandemic that led to unforeseen developments in the overall economy and also the Do-it-yourself retail market. As this market, including Hornbach, was one of the main profiteers during the pandemic, future outlooks regarding the time after the pandemic were even more complicated to forecast than during normal times. However, the findings shown in the paper and the annexed overall report create an overview about future market developments and the underlying chances and risks that Hornbach will face in the coming years. As a result, the research presents a certain target share price that shows a positive development regarding return for investors meaning that the recommendation is to BUY. |
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Equity research report Hornbach Baumarkt AGValuationFinanceDomínio/Área Científica::Ciências Sociais::Economia e GestãoThis paper creates an overview about the key findings from an equity research analysis that was conducted to make a reasonable assumption about the fair value share price of Hornbach Baumarkt AG. The main problem regarding this analysis was the availability of information and the past two years of the Covid-19 pandemic that led to unforeseen developments in the overall economy and also the Do-it-yourself retail market. As this market, including Hornbach, was one of the main profiteers during the pandemic, future outlooks regarding the time after the pandemic were even more complicated to forecast than during normal times. However, the findings shown in the paper and the annexed overall report create an overview about future market developments and the underlying chances and risks that Hornbach will face in the coming years. As a result, the research presents a certain target share price that shows a positive development regarding return for investors meaning that the recommendation is to BUY.André, RosárioMartins, FranciscoSá, Nuno Vasconcelos eRUNHoelter, Felix Hugo2022-05-25T07:32:18Z2022-01-142021-12-152022-01-14T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisapplication/pdfhttp://hdl.handle.net/10362/138591TID:202973867enginfo: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:RCAAP2024-03-11T05:15:52Zoai:run.unl.pt:10362/138591Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-20T03:49:08.180061Repositório 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 report Hornbach Baumarkt AG |
title |
Equity research report Hornbach Baumarkt AG |
spellingShingle |
Equity research report Hornbach Baumarkt AG Hoelter, Felix Hugo Valuation Finance Domínio/Área Científica::Ciências Sociais::Economia e Gestão |
title_short |
Equity research report Hornbach Baumarkt AG |
title_full |
Equity research report Hornbach Baumarkt AG |
title_fullStr |
Equity research report Hornbach Baumarkt AG |
title_full_unstemmed |
Equity research report Hornbach Baumarkt AG |
title_sort |
Equity research report Hornbach Baumarkt AG |
author |
Hoelter, Felix Hugo |
author_facet |
Hoelter, Felix Hugo |
author_role |
author |
dc.contributor.none.fl_str_mv |
André, Rosário Martins, Francisco Sá, Nuno Vasconcelos e RUN |
dc.contributor.author.fl_str_mv |
Hoelter, Felix Hugo |
dc.subject.por.fl_str_mv |
Valuation Finance Domínio/Área Científica::Ciências Sociais::Economia e Gestão |
topic |
Valuation Finance Domínio/Área Científica::Ciências Sociais::Economia e Gestão |
description |
This paper creates an overview about the key findings from an equity research analysis that was conducted to make a reasonable assumption about the fair value share price of Hornbach Baumarkt AG. The main problem regarding this analysis was the availability of information and the past two years of the Covid-19 pandemic that led to unforeseen developments in the overall economy and also the Do-it-yourself retail market. As this market, including Hornbach, was one of the main profiteers during the pandemic, future outlooks regarding the time after the pandemic were even more complicated to forecast than during normal times. However, the findings shown in the paper and the annexed overall report create an overview about future market developments and the underlying chances and risks that Hornbach will face in the coming years. As a result, the research presents a certain target share price that shows a positive development regarding return for investors meaning that the recommendation is to BUY. |
publishDate |
2021 |
dc.date.none.fl_str_mv |
2021-12-15 2022-05-25T07:32:18Z 2022-01-14 2022-01-14T00:00:00Z |
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/10362/138591 TID:202973867 |
url |
http://hdl.handle.net/10362/138591 |
identifier_str_mv |
TID:202973867 |
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 |
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Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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RCAAP |
institution |
RCAAP |
reponame_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
collection |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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