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| 4.85 MB | Adobe PDF |
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The report is a valuation of Vestas Wind Systems A / S, which is performed as a Masters' of Finance Final Work Project at NOVASBE. The equity research presents a detailed analysis of the reference market, necessary for the estimates on the key value drivers used in the valuation model. The target price has been achieved by performing both an intrinsic valuation (DCF) and multiple valuations. It is assessed that the price can trade around DKK 259.3 at the end of 2021, an increase of 12.5% from today's price.
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Valuation Renewable energy Vestas Wind energy Green Clean energy
