Leading the energy transition - growth in renewables driven by asset rotation

Detalhes bibliográficos
Autor(a) principal: Pereira, Diogo De Almeida Gonçalves
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/10362/133372
Resumo: This Master Thesis takes the form of an Equity Research report of EDP, being the end goal to develop a recommendation to investors. It is relevant to underline that this report is inserted in a two parts report. In this part, it was made a full and comprehensive analysis of EDP, its sector and competitors and the main parameter driving the company’s value and risks. Moreover, the highlights include the step-up green growth of EDP, driven by lower costs and government incentives. To get to a price target, it was used a SOTP method with the businesses valued on a DCF basis. Our valuation for EDP yields a price of €6.44 for FY21, which reflects an upside potential of 42%, compared to the current market price and consequently a BUY recommendation.
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spelling Leading the energy transition - growth in renewables driven by asset rotationValuationRenewablesAuctionsLcoeLeverageDomínio/Área Científica::Ciências Sociais::Economia e GestãoThis Master Thesis takes the form of an Equity Research report of EDP, being the end goal to develop a recommendation to investors. It is relevant to underline that this report is inserted in a two parts report. In this part, it was made a full and comprehensive analysis of EDP, its sector and competitors and the main parameter driving the company’s value and risks. Moreover, the highlights include the step-up green growth of EDP, driven by lower costs and government incentives. To get to a price target, it was used a SOTP method with the businesses valued on a DCF basis. Our valuation for EDP yields a price of €6.44 for FY21, which reflects an upside potential of 42%, compared to the current market price and consequently a BUY recommendation.André, RosárioRUNPereira, Diogo De Almeida Gonçalves2022-02-22T15:13:19Z2021-06-292021-05-202021-06-29T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisapplication/pdfhttp://hdl.handle.net/10362/133372TID:202769607enginfo: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:RCAAP2024-03-11T05:12:00Zoai:run.unl.pt:10362/133372Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-20T03:47:47.007388Repositório 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 Leading the energy transition - growth in renewables driven by asset rotation
title Leading the energy transition - growth in renewables driven by asset rotation
spellingShingle Leading the energy transition - growth in renewables driven by asset rotation
Pereira, Diogo De Almeida Gonçalves
Valuation
Renewables
Auctions
Lcoe
Leverage
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
title_short Leading the energy transition - growth in renewables driven by asset rotation
title_full Leading the energy transition - growth in renewables driven by asset rotation
title_fullStr Leading the energy transition - growth in renewables driven by asset rotation
title_full_unstemmed Leading the energy transition - growth in renewables driven by asset rotation
title_sort Leading the energy transition - growth in renewables driven by asset rotation
author Pereira, Diogo De Almeida Gonçalves
author_facet Pereira, Diogo De Almeida Gonçalves
author_role author
dc.contributor.none.fl_str_mv André, Rosário
RUN
dc.contributor.author.fl_str_mv Pereira, Diogo De Almeida Gonçalves
dc.subject.por.fl_str_mv Valuation
Renewables
Auctions
Lcoe
Leverage
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
topic Valuation
Renewables
Auctions
Lcoe
Leverage
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
description This Master Thesis takes the form of an Equity Research report of EDP, being the end goal to develop a recommendation to investors. It is relevant to underline that this report is inserted in a two parts report. In this part, it was made a full and comprehensive analysis of EDP, its sector and competitors and the main parameter driving the company’s value and risks. Moreover, the highlights include the step-up green growth of EDP, driven by lower costs and government incentives. To get to a price target, it was used a SOTP method with the businesses valued on a DCF basis. Our valuation for EDP yields a price of €6.44 for FY21, which reflects an upside potential of 42%, compared to the current market price and consequently a BUY recommendation.
publishDate 2021
dc.date.none.fl_str_mv 2021-06-29
2021-05-20
2021-06-29T00:00:00Z
2022-02-22T15:13:19Z
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/10362/133372
TID:202769607
url http://hdl.handle.net/10362/133372
identifier_str_mv TID:202769607
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
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