Baosteel Company Valuation under Risk

Peiye Shi

Master's thesis

Abstract:

In this thesis the main purpose is to evaluate a company called Baosteel. The company belongs to steel industry. We will collect relevant data about this company. Depending on those data we a valuation of Baosteel will be made by calculating. The whole thesis is divided into five chapters. The next we will give a brief introduction about each chapter. First chapter is an introduction for the whole thesis, the main purpose and content structure will be introduced in this part. Second chapter is a description of the company valuation methods. It is a theoretical chapter. In this chapter many valuation methods will be described. Those methods we will use in chapter four for calculating valuation of company. Third chapter is a description of Baosteel. In this chapter the relevant information of Baosteel will be introduced. It includes company history, SWOT analysis, strategy and how to step into international road. Fourth chapter is an applied part depending on chapter two. The whole process of calculation is in this part. Finally we will make a valuation of Baosteel company. Fifth chapter is a conclusion of the thesis. It will give a summary for the whole thesis.

Abstract:

In this thesis the main purpose is to evaluate a company called Baosteel. The company belongs to steel industry. We will collect relevant data about this company. Depending on those data we a valuation of Baosteel will be made by calculating. The whole thesis is divided into five chapters. The next we will give a brief introduction about each chapter. First chapter is an introduction for the whole thesis, the main purpose and content structure will be introduced in this part. Second chapter is a description of the company valuation methods. It is a theoretical chapter. In this chapter many valuation methods will be described. Those methods we will use in chapter four for calculating valuation of company. Third chapter is a description of Baosteel. In this chapter the relevant information of Baosteel will be introduced. It includes company history, SWOT analysis, strategy and how to step into international road. Fourth chapter is an applied part depending on chapter two. The whole process of calculation is in this part. Finally we will make a valuation of Baosteel company. Fifth chapter is a conclusion of the thesis. It will give a summary for the whole thesis.

Keywords

FCFF.WACC.DCF.Two-stage, method.Confidence, level.

Keywords

FCFF.WACC.DCF.Two-stage, method.Confidence, level.

Language used: English

Date on which the thesis was submitted / produced: 25. 4. 2015

Thesis defence

• Date of defence: 1. 9. 2015
• Supervisor: Miroslav Čulík
• Reader: Aleš Kresta

VŠB - Technical University of Ostrava

Ekonomická fakulta

Master programme / field:
Hospodářská politika a správa / Finance