Orientador(es)
Resumo(s)
The objective of this dissertation is valuing Sonae Indústria, the second largest wood panel payer in the world, using the most appropriate valuation approaches. Being field of valuation exceptionally complex, it is crucial to address the main issues and mechanisms behind an equity valuation. In order to do this, I will analyse the main valuation methods and theories of academic literature as well as advantages and disadvantages. Afterwards, I compare with Millennium Investment Banking, explaining the main differences in assumptions as well as methodology used.