The subject of this master´s thesis is an estimation of the company value by using the yield valuation method called Discounted Cash Flow. The theoretical part of this work defines basic concepts, reasons for valuation and methods of valuation. The practical part of this master´s thesis includes an estimation of the value of the company named PAPCEL, a.s. The practical part also includes analyses of external and internal environment. In the conclusion of this paper, a statement of value is given.

The subject of this master´s thesis is value estimation of a company. Theoretical part defines basic concepts such as company, categories of value, financial analysis and methods of valuation. The practical part deals with strategic analysis, financial analysis and value estimation of a company by profit method of discounted cash flow.

The graduation theses is concerned with elaboration of business plan whose theme is building of solar power station in locality of Velké Hamry. The aim of graduation theses is evaluation of building and operation of solar power station through the medium of methods which make for assessments of investment as well as entire business plan processing which should be used in application for granting of credit and in application for financial support of Operational program of Enterpreneurship and Innovation.

This diploma thesis is a survey describing the relationship that different methods of determination of wear of properties have to valuation of the market price and to the price obtained according to the valid assessment act no. 151/1997 Sb. As a basis for this survey, three family houses of different age were chosen to show the relationships of different methods to prices in various stages of life span of the buildings. All the partial results of the analysis of the different methods of determination of wear of particular buildings were compared with the market and obtained prices. The family houses were assessed according to the assessment act and its relevant implementing decree no. 3/2008 Sb. The valuation of the market prices was made according to the current situation at the real property market in respective locations of the assessed properties.

The subject of this master´s thesis is estimation of company value. Theoretical part defines basic concepts such as company, value, categories of value and methods of valuation. Practical part includes estimation of real company value based on valuation of assets and based on the yield method. The practical part also includes analyses of the external and internal environment of the company.

En arbitrage international comme dans la majorité des systèmes de droit, la réparation du dommage est une question essentielle dans la résolution des litiges et implique la détermination d’un dommage réparable et de l’étendue de la réparation, ainsi que l’évaluation de ce dommage. L’arbitrage d’investissement, qui tranche les litiges entre Etats et investisseurs étrangers, personnes privées, est au carrefour entre les droits nationaux et le droit international, entre responsabilité contractuelle et responsabilité internationale des Etats, entre droit commercial et droit public, et reflète ainsi l’ensemble des problématiques récurrentes soulevées par la réparation du dommage. La publicité fréquente des sentences rendues en la matière permet d’analyser les solutions qu’y apportent les tribunaux arbitraux, révélant l’existence d’une réelle pratique cohérente et développée. L’étude de la jurisprudence arbitrale d’investissement montre une coexistence de questions de fait et de droit, de problématiques juridiques et économiques, tout au long du processus de détermination du dommage et de l’étendue de la réparation, puis de celui de la détermination du montant accordé à la victime. Les exigences juridiques de certitude, prévisibilité et causalité du dommage, de même que les principes de réparation intégrale et adéquate, sont influencés de manière significative par des considérations économiques et d’équité. Dans le mouvement inverse, les règles financières qui sont appliquées par les arbitres pour l’évaluation du dommage, indépendamment du droit applicable, sont de plus en plus juridicisées. Identifier ce corps de règles applicables à la réparation du dommage et l’application qui en est faite dans l’arbitrage d’investissement constitue une clarification nécessaire pour permettre aux acteurs internationaux de connaître l’étendue de leurs droits et obligations. / In international arbitration, as in most legal systems, compensation of damage is a key part of dispute resolution. It is a threefold process: the arbitral tribunal decides on compensable damage, then on the extent of compensation, and finally, evaluates damage. Investment arbitration, which settles disputes between states and foreign investors - private entities - is at the crossroads between national and international law, between contractual liability and international state liability, between commercial and public law, thus covering the wide scope of issues raised by compensation of damage. The awards given in this field are often made public, allowing for an analysis of the – thoroughly consistent – solutions brought forward by arbitral tribunals. This study shows how, throughout the process of compensation of damage, questions of fact and law as well as legal and economic issues are raised. The legal requirements of certainty, foreseeability and remoteness of damage are significantly impacted by the economic context and by the notion of fairness. Conversely, the financial rules applied throughout the process of damage evaluation, without taking into account applicable law, are increasingly governed by law. Identifying the corpus of rules that are applied throughout the process of compensation of damage, and studying the way these rules are applied in investment arbitration therefore represents a useful tool for international bodies seeking to understand their own rights and duties.

There are many moments in a company life, where we need to find out the firm's value from different reasons. It is possible to proceed by several methods. Firstly, I deal in theory with the valuation procedure of the firm and with selected methods of firm valuation. I apply the depicted theoretical apparat in the next part of this thesis. I assess the value of the firm Continental Teves Czech Republic, Ltd on the date of 16th of December 2009 according to the methods of which application, based on completed situation and financial analyses, indicated to be the best one. The chosen method has to correspond to the aim of valuation. The aim of this thesis is valuation of the equity. The revenue method of discounted cash flow to the equity was chosen for this purpose. I also valuate the firm according to the method of book value so that I can decide whether the methods are appropriate or not. The result of my work is partly the factual valuation of the firm, partly the determination of advantages and disadvantages of the both methods and the appointment, which one to use in specific situation.

The aim of the thesis is the valuation of functioning gynecological surgery for the primary purpose of selling this meical practice in the next 5-10 years. The value of this surgery was based on the strategic and financial analysis and compiled financial plan for the next 5 years. The resulting valuation is done first by using the equity method and then by the method of returns and also by relative valuation method. The first two methods were then used as the basis for the valuation by the combined method. All calculated values of the company are set to 31st December, 2013. Finally, it contains the recommendation wheather it is better to sell this medical practice as a self-employed person or a as legal entity.

This master thesis deals with specify a value of a chosen company by the income-based methods, especially by the Economic Value Added and Discounted Cash Flow. The thesis deals with describe of the methodology of bussiness valuation in the theoretical part. The practical part contains strategic and financial analysis, financial plan and the closure contains a proposal of valuation of company to date 31. 12. 2016.

The master’s thesis deals with company’s value estimation of INTEKA Brno spol. s r.o. The theoretical part of the thesis contains literary research, which focused on theory associated with the valuation of the company. The analytical part consists of company presentation, strategic and financial analysis. In the third part, based on the previous results of the analysis, the valuation method has been selected and further developed for INTEKA Brno spol. s r.o.