How different valuation methods and theories influence a company’s intrinsic value: the importance of APV: Intel case study

Polegato, Alvise (A.A. 2021/2022) How different valuation methods and theories influence a company’s intrinsic value: the importance of APV: Intel case study. Tesi di Laurea in Advanced corporate finance, Luiss Guido Carli, relatore Pierluigi Murro, pp. 195. [Master's Degree Thesis]

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Abstract/Index

Estimating discount rates. Cost of equity. Cost of debt. Hybrid instruments. Weighted average cost of capital (WACC). Main valuation models. Discounted cash flow valuation or absolute valuation. Multiples valuation or relative valuation: equity multiples and asset multiples. The advantages of APV: the long-standing debate over debt policy and VTS. Fixed debt policy. Constant leverage policy. Other theories making different assumptions. Practical application. The APV applied to leveraged buyouts: KKR and RJR Nabisco case study. The APV vs the other valuation methods: Intel Corp case study.

References

Bibliografia: pp. 173-179. Sitografia: p. 180.

Thesis Type: Master's Degree Thesis
Institution: Luiss Guido Carli
Degree Program: Master's Degree Programs > Master's Degree program in Corporate Finance, English language (LM-77)
Chair: Advanced corporate finance
Thesis Supervisor: Murro, Pierluigi
Thesis Co-Supervisor: Santella, Rosella
Academic Year: 2021/2022
Session: Extraordinary
Deposited by: Alessandro Perfetti
Date Deposited: 29 Aug 2023 12:27
Last Modified: 29 Aug 2023 12:27
URI: https://tesi.luiss.it/id/eprint/36348

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