Equity valuation : Grupo Semapa : firm valuation theory applied
Autor(a) principal: | |
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Data de Publicação: | 2013 |
Tipo de documento: | Dissertação |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/10400.14/11677 |
Resumo: | This dissertation aims to value the intrinsic value of the holding Semapa, applying the Equity Valuation theory. In order to apply the most suitable methods and appropriate assumptions, this paper firstly outlines the existing valuation frameworks and techniques, along with the academic debates on the most relevant valuation topics. The valuation is done as the sum of the parts of the companies owned by Semapa – Portucel, Secil, ETSA and Supremo – using a Discounted Cash Flow approach and the Multiples approach. Lastly, this dissertation compares the methods used and the results obtained to those of an investment bank, analyzing the differences with the purpose of understanding the reasons behind the dispersions of values obtained from different valuation methods. |
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Equity valuation : Grupo Semapa : firm valuation theory appliedDomínio/Área Científica::Ciências Sociais::Economia e GestãoThis dissertation aims to value the intrinsic value of the holding Semapa, applying the Equity Valuation theory. In order to apply the most suitable methods and appropriate assumptions, this paper firstly outlines the existing valuation frameworks and techniques, along with the academic debates on the most relevant valuation topics. The valuation is done as the sum of the parts of the companies owned by Semapa – Portucel, Secil, ETSA and Supremo – using a Discounted Cash Flow approach and the Multiples approach. Lastly, this dissertation compares the methods used and the results obtained to those of an investment bank, analyzing the differences with the purpose of understanding the reasons behind the dispersions of values obtained from different valuation methods.Martins, José Carlos TudelaVeritati - Repositório Institucional da Universidade Católica PortuguesaPatrão, Miguel Santos Fonseca2013-07-01T13:01:08Z2013-04-0420132013-04-04T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisapplication/pdfhttp://hdl.handle.net/10400.14/11677TID:201090520enginfo: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:RCAAP2023-07-12T17:16:07ZPortal AgregadorONG |
dc.title.none.fl_str_mv |
Equity valuation : Grupo Semapa : firm valuation theory applied |
title |
Equity valuation : Grupo Semapa : firm valuation theory applied |
spellingShingle |
Equity valuation : Grupo Semapa : firm valuation theory applied Patrão, Miguel Santos Fonseca Domínio/Área Científica::Ciências Sociais::Economia e Gestão |
title_short |
Equity valuation : Grupo Semapa : firm valuation theory applied |
title_full |
Equity valuation : Grupo Semapa : firm valuation theory applied |
title_fullStr |
Equity valuation : Grupo Semapa : firm valuation theory applied |
title_full_unstemmed |
Equity valuation : Grupo Semapa : firm valuation theory applied |
title_sort |
Equity valuation : Grupo Semapa : firm valuation theory applied |
author |
Patrão, Miguel Santos Fonseca |
author_facet |
Patrão, Miguel Santos Fonseca |
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 |
Patrão, Miguel Santos Fonseca |
dc.subject.por.fl_str_mv |
Domínio/Área Científica::Ciências Sociais::Economia e Gestão |
topic |
Domínio/Área Científica::Ciências Sociais::Economia e Gestão |
description |
This dissertation aims to value the intrinsic value of the holding Semapa, applying the Equity Valuation theory. In order to apply the most suitable methods and appropriate assumptions, this paper firstly outlines the existing valuation frameworks and techniques, along with the academic debates on the most relevant valuation topics. The valuation is done as the sum of the parts of the companies owned by Semapa – Portucel, Secil, ETSA and Supremo – using a Discounted Cash Flow approach and the Multiples approach. Lastly, this dissertation compares the methods used and the results obtained to those of an investment bank, analyzing the differences with the purpose of understanding the reasons behind the dispersions of values obtained from different valuation methods. |
publishDate |
2013 |
dc.date.none.fl_str_mv |
2013-07-01T13:01:08Z 2013-04-04 2013 2013-04-04T00:00:00Z |
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/10400.14/11677 TID:201090520 |
url |
http://hdl.handle.net/10400.14/11677 |
identifier_str_mv |
TID:201090520 |
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 |
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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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