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Finanční Analýza a Ohodnocení Společnosti Lufthansa
 Hamacek, Michaela Maria ; Brůna, Karel (advisor) ; Pour, Jiří (referee)
The aim of the thesis is to provide investors and other stakeholders with an approach how to calculate the fair value of a company and its stocks to make an investment decision. As stock market prices are influenced by many events, they rarely reflect the true underlying value of the company. The company investigated in this thesis is the German airline company Lufthansa. A strategic, a financial and a ratio analysis are performed before the fair value is assessed using the discounted cash flow method under three future scenarios. The analyses revealed a possible undervaluation of the company, which led to a buy recommendation for shares of Lufthansa.
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