The diploma thesis deals with a valuation of the company Baliarne obchodu, a.s. Poprad. The main goal is to estimate market value of Baliarne obchodu, a.s. Poprad for an unspecified buyer as at 1 January 2018. The thesis is structured into 6 main chapters. It starts with necessary information needed to value a business and brief description of the company. This is followed by a financial and strategic analysis, analysis of value drivers and a financial plan. The last part of the thesis contains valuation of the company by the primary valuation method - DCF Equity model using parametric formula for terminal value calculation. The secondary approach - market multiples method is used to determine range of possible values of the company, thus s...