• norsk
    • English
  • English 
    • norsk
    • English
  • Login
View Item 
  •   Home
  • Norges Handelshøyskole
  • Thesis
  • Master Thesis
  • View Item
  •   Home
  • Norges Handelshøyskole
  • Thesis
  • Master Thesis
  • View Item
JavaScript is disabled for your browser. Some features of this site may not work without it.

Strategic financial statement analysis and valuation of Aker solutions ASA

Farstadvoll, Haakon Simonsen
Master thesis
Thumbnail
View/Open
masterthesis.PDF (4.788Mb)
URI
http://hdl.handle.net/11250/2454803
Date
2017
Metadata
Show full item record
Collections
  • Master Thesis [4207]
Abstract
The purpose of this paper is to estimate the fair value of Aker Solutions ASA per 31.05.2017.

The fair value is held up against the market price to make a recommendation as to what

investment strategy an external, well-diversified investor should follow.

The strategic analysis concludes that Aker Solutions has a potential strategic advantage in the

longer term, but faces strong challenges in the market in the short term.

A fundamental valuation by a DCF approach is used as the main technique for estimating the

fair value. The valuation is supplemented by a multiple analysis. The fundamental valuation

gives an estimate per 31.05.2017 of 43,05 NOK/share. It is supported by the relative valuation

of 53,74 NOK/share.

Per 31.05.2017 the shares are traded at a discount relative to fair value of 3,4%. Given the

uncertainty in the estimates, a neutral investment strategy is recommended. The conclusion is

that an investor should hold shares of Aker Solutions ASA.

Contact Us | Send Feedback

Privacy policy
DSpace software copyright © 2002-2019  DuraSpace

Service from  Unit
 

 

Browse

ArchiveCommunities & CollectionsBy Issue DateAuthorsTitlesSubjectsDocument TypesJournalsThis CollectionBy Issue DateAuthorsTitlesSubjectsDocument TypesJournals

My Account

Login

Statistics

View Usage Statistics

Contact Us | Send Feedback

Privacy policy
DSpace software copyright © 2002-2019  DuraSpace

Service from  Unit