Valuation of Čepro a.s.

The goal of diploma thesis is the valuation of company ČEPRO a.s by applying income and market approaches. In the first part are explained basic definitions, processes and all methods used in the following valuation. Second, the practical part, the strategic and financial analysis are done together with analysis of internal and external environment, as the base for further calculations. Thereafter valuation itself is proceed by discounted cash-flow method, explained in theoretical part. Valuation is calculated to the date 31.12. 2013