Valuation of a healthcare company on the example of universal health services

Detalhes bibliográficos
Autor(a) principal: Metzner, Karim
Data de Publicação: 2017
Tipo de documento: Dissertação
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10362/28414
Resumo: The purpose of this report is to guide the reader’s decision whether to invest or not to invest in Universal Health Services, Inc. (UHS) stocks. To provide comprehensive insides, we first analysed the business model, the hospital industry in the USA, macroeconomic trends and the political environment that could influence the valuation of UHS. Based on the gathered information, we performed three different types of valuation models. A peer multiple-based valuation, a residual operating income valuation and a discounted cash flow valuation. All three models lead us to the belief that the intrinsic value of UHS’ share is essentially higher than the market valuation of 106,81 US$ on the 02.01.2017. For UHS, we set a target price of 123,31US$. Therefore, we conclude that the share of Universal Health Services, Inc. is undervalued and give the recommendation: BUY.
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spelling Valuation of a healthcare company on the example of universal health servicesValuationUHSHospitalHealthcareDomínio/Área Científica::Ciências Sociais::Economia e GestãoThe purpose of this report is to guide the reader’s decision whether to invest or not to invest in Universal Health Services, Inc. (UHS) stocks. To provide comprehensive insides, we first analysed the business model, the hospital industry in the USA, macroeconomic trends and the political environment that could influence the valuation of UHS. Based on the gathered information, we performed three different types of valuation models. A peer multiple-based valuation, a residual operating income valuation and a discounted cash flow valuation. All three models lead us to the belief that the intrinsic value of UHS’ share is essentially higher than the market valuation of 106,81 US$ on the 02.01.2017. For UHS, we set a target price of 123,31US$. Therefore, we conclude that the share of Universal Health Services, Inc. is undervalued and give the recommendation: BUY.Gkougkousi, XanthiRUNMetzner, Karim2018-01-17T12:00:13Z2017-06-302017-06-30T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisapplication/pdfhttp://hdl.handle.net/10362/28414TID:201753642enginfo: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:RCAAP2024-03-11T04:15:16Zoai:run.unl.pt:10362/28414Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-20T03:28:57.478685Repositório 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 Valuation of a healthcare company on the example of universal health services
title Valuation of a healthcare company on the example of universal health services
spellingShingle Valuation of a healthcare company on the example of universal health services
Metzner, Karim
Valuation
UHS
Hospital
Healthcare
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
title_short Valuation of a healthcare company on the example of universal health services
title_full Valuation of a healthcare company on the example of universal health services
title_fullStr Valuation of a healthcare company on the example of universal health services
title_full_unstemmed Valuation of a healthcare company on the example of universal health services
title_sort Valuation of a healthcare company on the example of universal health services
author Metzner, Karim
author_facet Metzner, Karim
author_role author
dc.contributor.none.fl_str_mv Gkougkousi, Xanthi
RUN
dc.contributor.author.fl_str_mv Metzner, Karim
dc.subject.por.fl_str_mv Valuation
UHS
Hospital
Healthcare
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
topic Valuation
UHS
Hospital
Healthcare
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
description The purpose of this report is to guide the reader’s decision whether to invest or not to invest in Universal Health Services, Inc. (UHS) stocks. To provide comprehensive insides, we first analysed the business model, the hospital industry in the USA, macroeconomic trends and the political environment that could influence the valuation of UHS. Based on the gathered information, we performed three different types of valuation models. A peer multiple-based valuation, a residual operating income valuation and a discounted cash flow valuation. All three models lead us to the belief that the intrinsic value of UHS’ share is essentially higher than the market valuation of 106,81 US$ on the 02.01.2017. For UHS, we set a target price of 123,31US$. Therefore, we conclude that the share of Universal Health Services, Inc. is undervalued and give the recommendation: BUY.
publishDate 2017
dc.date.none.fl_str_mv 2017-06-30
2017-06-30T00:00:00Z
2018-01-17T12:00:13Z
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dc.identifier.uri.fl_str_mv http://hdl.handle.net/10362/28414
TID:201753642
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identifier_str_mv TID:201753642
dc.language.iso.fl_str_mv eng
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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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