Evaluation of the European stock market

Bc. Lubor Blažek

Master's thesis

Abstract:

Diploma Thesis deals with the evaluation of the European stock market. In the Theoretical part is provided information about stock market exchanges, requisites of shares and various types and forms of shares. In the following part of the Theoretical part are presented various models used for the evaluation of companies on the stock market. These tools include Free Cash Flow for the Firm, Weighted Average Cost of Capital, Capital Asset Pricing model and many others. Findings from the Theoretical part are applied in the Practical part. Practical part focuses on the evaluation of companies from four national stock market indexes DAX 30, IBEX 34, CAC 40 and AEX. In total twelve companies, three from each national stock market index, are selected for the evaluation of European stock market. Analysis of each company is performed and recommendations about purchase or sale of shares are given to shareholders. Not only recommendations about individual companies are provided, investors are also given information about undervalued stock markets, where the growth in prices of shares in expected. Moreover, companies from national stock market indexes are sorted into three groups of market capitalizations. Investors will be also given recommendations into which group they should invest.

Keywords

stock evaluation, share, stock market

Jazyk práce: English

Datum vytvoření / odevzdání či podání práce: 24. 3. 2019

Obhajoba závěrečné práce

• Vedúci: Ing. Petr Procházka, MSc Ph.D.

Czech University of Life Sciences Prague

Faculty of Economics and Management

Master programme / odbor:
Economics and Management / European Agrarian Diplomacy