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Pe challenge cvs - valuation
| Nome: | Descrição: | Tamanho: | Formato: | |
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| 415.55 KB | Adobe PDF |
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Orientador(es)
Resumo(s)
CVS Group plc is a British provider of veterinary services operating in a fast-growing market
with strong value creation potential. Future value will be created through buy-and-build, growing
membership programme and expanding online retail, resulting in a fund return of 3.4x over five
years. Given the economic uncertainty, a defensive financing structure with only 5.5x EBITDA
at a 13.9x EV/EBITDA valuation is applied. The exit is targeted via a secondary buyout. The
second section looks at the main valuation methods, covering relative and intrinsic valuation.
Finally, it explains the football field graph an industry wide practice to illustrate valuation
results.
Descrição
Palavras-chave
Value creation Private equity Leveraged buyout Veterinary services