Equity research analysis on Philip Morris international: delivering a smoke-free future

This Work Project consists on an Equity Research Analysis to Philip Morris International. The valuation is based on the analysis of the company’s financials and strategy as well as the definition of the drivers of its growth. The usual financial valuation techniques of discounted cash-flows and mult...

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Detalhes bibliográficos
Autor principal: Repetti, Lorenzo (author)
Formato: masterThesis
Idioma:eng
Publicado em: 2021
Assuntos:
Texto completo:http://hdl.handle.net/10362/115550
País:Portugal
Oai:oai:run.unl.pt:10362/115550
Descrição
Resumo:This Work Project consists on an Equity Research Analysis to Philip Morris International. The valuation is based on the analysis of the company’s financials and strategy as well as the definition of the drivers of its growth. The usual financial valuation techniques of discounted cash-flows and multiples’ analysis derive in a recommendation for investors to sell, hold or buy this equity.