Business Valuation: A Case of AVG
| Thesis title: | Business Valuation: A Case of AVG |
|---|---|
| Author: | Moravec, Marek |
| Thesis type: | Diploma thesis |
| Supervisor: | Hnilica, Jiří |
| Opponents: | Brabec, Martin |
| Thesis language: | English |
| Abstract: | The aim of the Master's thesis is to assess the value of AVG to February 1st 2013. The searched value is the value for a potential investor. In order to estimate the value of AVG, the thesis applies two models -- intrinsic and relative. Explicitly, the thesis uses the two discounted cash flow approaches -- the weighted average Cost of Capital method (WACC) and the Adjusted Present Value method (APV). For the purpose of the relative valuation the multiples method is exercised. Finally, the gist of the thesis is the study of risks and benefits of the applied valuation methods in regard to the young high growth company in the Internet industry. |
| Keywords: | Internet; Multiples; Growth; Valuation; WACC; APV |
| Thesis title: | Business Valuation: A Case of AVG |
|---|---|
| Author: | Moravec, Marek |
| Thesis type: | Diplomová práce |
| Supervisor: | Hnilica, Jiří |
| Opponents: | Brabec, Martin |
| Thesis language: | English |
| Abstract: | The aim of the Master's thesis is to assess the value of AVG to February 1st 2013. The searched value is the value for a potential investor. In order to estimate the value of AVG, the thesis applies two models -- intrinsic and relative. Explicitly, the thesis uses the two discounted cash flow approaches -- the weighted average Cost of Capital method (WACC) and the Adjusted Present Value method (APV). For the purpose of the relative valuation the multiples method is exercised. Finally, the gist of the thesis is the study of risks and benefits of the applied valuation methods in regard to the young high growth company in the Internet industry. |
| Keywords: | Growth; Valuation; WACC; Internet; Multiples; APV |
Information about study
| Study programme: | Ekonomika a management/International Management |
|---|---|
| Type of study programme: | Magisterský studijní program |
| Assigned degree: | Ing. |
| Institutions assigning academic degree: | Vysoká škola ekonomická v Praze |
| Faculty: | Faculty of Business Administration |
| Department: | The Department of Business Economics |
Information on submission and defense
| Date of assignment: | 26. 2. 2013 |
|---|---|
| Date of submission: | 6. 5. 2013 |
| Date of defense: | 13. 9. 2013 |
| Identifier in the InSIS system: | https://insis.vse.cz/zp/41666/podrobnosti |