|
|
The valuation of Komerční banka, a.s.
Procházková, Marcela ; Hrdý, Milan (advisor) ; Ducháčková, Eva (referee)
The aim of this thesis is the valuation of Komerční banka, a.s. The specifics of the valuation of banks are described in the first part of this thesis. The second part is devoted to a description of the valuation methods. Komerční banka, a.s. is valued in the third practical part. The first is a brief description of Komerční banka a.s., followed by financial and strategic analysis. The financial plan is compiled on the basis of the analyses. In the final part the valuation by selected methods is done and the final value is determined.
|
|
|
Car fleet financing analysis in the selected company
Potočiar, Petr ; Hrdý, Milan (advisor) ; Škerlíková, Tatiana (referee)
The diploma thesis deals with analysis of car fleet financing in the selected company. It focuses on cars financing options, describes methods of their comparison. It studies both national and international accounting regulation with focus on reporting of loan, financial and operating leasing. Another area of interest are tax circumstances influencing decision making. The main emphasis is laid on the comparison methods, ways of data evaluation and on specifics which can affect decision making. In the practical part analysis of car fleet financing is performed, decision specifics are discussed and financing options favourability is compared.
|
|
|
Valuation of ČSOB, a.s.
Menzlová, Petra ; Hrdý, Milan (advisor) ; Ducháčková, Eva (referee)
This master thesis is about commercial bank valuation. The goal of the thesis is to explain the specifics of bank business and commonly used valuation methods. Selected method is then applied on a chosen bank. For this purpose, ČSOB a.s. was chosen.
|
|
|
Financial analysis and financial plan of the partnership BRAMKO CZ
Holmanová, Barbora ; Hrdý, Milan (advisor) ; Bobek, Michal (referee)
The aim of this work is assessment of financial situation of the partnership BRAMKO CZ and his status in the branch compared with competitors. Partnership BRAMKO CZ was founded as a sales organization, which sells agricultural production. This industry is characterized by a lot of competitors and seasonal fluctuations. The subject of work is methodical and practical part, in which the work is divided. In methodical part we at first apprise with concept financial analysis, it´s users and methods, which are used to assessment results of individual companies. The financial plan will be also presented and it is also the part of this work and serves as a prognosis for the future based on data from past. In practical part we will apprise with the industry in which partnership BRAMKO CZ operates. Then the basic information about company and subject of it´s business will be adduced. The methods of financial analysis will be applied in the rest of the work and the conclusion is financial plan.
|
|
|
Financial analysis of the company PRO-BIO, s.r.o.
Březinová, Zuzana ; Holečková, Jaroslava (advisor) ; Hrdý, Milan (referee)
The theme of this diploma thesis is financial analysis of the company PRO-BIO, s.r.o. between years 2009 and 2012 on the basis of published information. The theoretical part of this thesis is focused on the information given in the financial statements. The following part is the financial analysis of the chosen enterprise with the application of horizontal and vertical analysis, ratio indicators and complex indicators of financial health. Within the evaluation of the financial position of the enterprise, an intercompany comparison with competitive company is carried out.
|
|
|
Possibilities of Deepening the Theory and Practice of Investment Decisions with an Emphasis on Real Options
Oceláková, Petra ; Valach, Josef (advisor) ; Hrdý, Milan (referee) ; Choulík, Petr (referee)
This dissertation deals with selected areas within capital budgeting theory and practice. The first part is focused on possibilities how to improve traditional financial metrics as net present value and internal rate of return by using graphical tools for their interpretation. The main practical problem can be considered not the methodology itself, but the inability to predict future cash flows correctly. The special attention is paid to depreciation in connection with Czech accounting and tax legislation and its influence on capital decisions. The second part of the dissertation concentrates on real option analysis. The crucial difference between net present value and real options analysis is in how these methods deal with the risk. Mathematical approach is used to derive how the volatility and other parameters affect the theoretical value of an investment determined by real option. The more volatile the future cash flows are the higher theoretical value of the real option should be. Nevertheless, there are some exceptions that are analysed in this paper. In final chapter, total cost of ownership and real option analysis are used to evaluate option to switch from on-premise IT solution to cloud computing.
|
|
|
Financial analysis of the industry of musical instruments
Pušová, Romana ; Hrdý, Milan (advisor) ; Pláničková, Markéta (referee)
Diploma thesis called "Financial analysis of the industry of musical instruments" deals with analysis of financial health of producers of musical instruments during the years 2008-2013. There were chosen three Czech and three European companies. It was also made their comparision with the European industry of musical instruments. The thesis is divided into three main parts. In the first part there is described selected methodology which includes horizontal and vertikal analysis, ratio analysis, bankruptcy and credibility models and correlation analysis. In the next part there are presented the specifics of musical instruments industry. After that individual companies are introduced and followed by application of the methodology defined in the first part. The main outcome of analysis is that companies and industry are very sensitive to global economic situation. The impacts of financial crisis in 2008 really damaged this companies and industry of musical instruments.
|
|
|
Valuation of Česká Spořitelna, a.s.
Holec, Jakub ; Hrdý, Milan (advisor) ; Ducháčková, Eva (referee)
The aim of this thesis is to valuate Česká Spořitelna. The first part is dedicated to a theoretical part which describes how to valuate bank. Second part contains financial analysis, strategic analysis, financial plan and valuation of Česká Spořitelna by two methods.
|
|
|
preparation and evaluation of economic efficiency of selected investment project
Valášková, Petra ; Hrdý, Milan (advisor) ; Pražák, Jiří (referee)
The main goal of this study is to show a preparation of an investment project aimed on heating in a concrete company and to evaluate an economic effectiveness of the individual possible variants of the project. The project is unique due to particular financing from European union's grants and due to a goal of the company to meet new emission norm. The study is divided to three parts. In the first part, a theoretical one, is described a preparation of the project and an administration process of providing the grand from European Union funds. The second chapter deals with identification of the concrete investment project and the conditions of its evaluation. Moreover, important information about investor and circumstances of the investment project realization are discussed in this chapter. Finally, the process of the concrete grant approval is analyzed. The third part evaluates economic effectiveness according to cost measures and to net present value of the individual project variants. Because of a different lifespan of project variants the cost annual equivalent and the annuity equivalent has to be used. The results of cost measures and net present value are different. This pointes to the difference between cost only view and complex cash flow view. The final overall evaluation takes into consideration the ecologic part of the project. The final resolution has to make a compromise between various measurements. The study evaluates a real project. Therefore, the data are also based on reality.
|
|
|
Valuation of commercial banks
Gasymov, Sabukhi ; Hrdý, Milan (advisor) ; Stroukal, Dominik (referee)
The diploma thesis is dedicated to the valuation of commercial banks. The work is divided into seven chapters. The first chapter deals with the specifics of commercial banks for valuation purposes. The second chapter is devoted to describing different valuation methods. The third chapter analyzes the characteristics of the selected bank. The fourth chapter deals with financial analysis and strategic analysis, and financial plan of the bank in other chapters. The last chapter is the heart of the work, where the selected bank is being valuated. The conclusion summarizes the issue.
|
guest ::
RSS feed.