Výběr švédských a amerických akcií za využití metod hodnotového investování a dopadu metrik udržitelnosti na vnitřní hodnotu akcie

The bachelor's thesis aims to identify stocks in the Swedish and US markets that meet the principles of value investing. The subsequent fundamental analysis will reveal the intrinsic value of the stock by discounting the cash flows. Furthermore, the thesis emphasises the ESG factor, that is the evaluation concerning environmental and social factors. A company's position on this factor can be taken by many investors as a systematic risk in estimating stock prices. In the practical part, the thesis deals with Netgear and Electra Gruppen, those stocks have been selected by the screening criteria as the most suitable companies for the valuation of the total firm value (FCFF). In this case, the discount rate of weighted average cost of capital (WACC) is chosen. A fundamental analysis of the factors affecting the closing price is performed for the company. At the end of the thesis, I mention the resulting price per share of companies with and without the inclusion of ESG factor.