The valuation of Český porcelán, a.s.

The aim of this diploma thesis is the determination of market value for Český porcelán, a.s. to the date of December 31, 2014 for the purpose of sale for average investor on the market. The thesis is divided into two main parts. Theoretical part is focused on definition of main terms, explaining of process and methods used for the company valuation. This is followed by a practical part, where are these information applied in practice. It contains of financial analysis, which is evaluating financial health, strategic analysis defining its position on the market. After analysis is drawn up the financial plan, which leads into valuation of Český porcelán, a.s. using DCF Entity