The goal of this thesis is to apply selected methods of fundamental analysis on selected stock sample and to assess in what way fundamental analysis methods' application can be used for determining future stock values. For this purpose, dividend discount models, profit models and cash flow models are employed. For dividend models it is namely Gordon's model, two-tier dividend discount model and H-model, as for profit models methods based on P/E ratio and regarding cash flow models Free Cash Flow to Equity model was chosen. The selection is done with respect to "popularity" of these models within investment theory and practice. Models were applied on companies from American capital market from neutral as well as cyclical sectors. For neutral sector, pharmaceutical company Pfizer, telecom Verizon and producer of nonalcoholic beverages Coca-Cola were picked. As for cyclical sectors, I have chosen Bank of America and industrial goods producer General Electric.
| Identifer | oai:union.ndltd.org:nusl.cz/oai:invenio.nusl.cz:179963 |
| Date | January 2014 |
| Creators | Večerka, Josef |
| Source Sets | Czech ETDs |
| Language | Czech |
| Detected Language | English |
| Type | info:eu-repo/semantics/masterThesis |
| Rights | info:eu-repo/semantics/restrictedAccess |
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