A carregar...
Publicação
How the Russia-Ukraine war influence Jerónimo Martins-s valuation
| Nome: | Descrição: | Tamanho: | Formato: | |
|---|---|---|---|---|
| 2.79 MB | Adobe PDF |
Autores
Orientador(es)
Resumo(s)
The war in Ukraine has been playing a very significant role not only in the
business of Jerónimo Martins but a wide range of other
companies and sectors all around the world. The analysis
determines the impact this shock had on consumer
spending, commodities prices, and inflation, which
provoked changes in JMT revenues, costs, and Capex,
which directly affected the WACC and share price.
Accordingly, there were created three scenarios based on the possible outcomes
that may result from this war. Under today’s context of
high uncertainty and challenging times, this study allowed
us to get a better understanding of what kind of impacts it
could have on the target share prices. Assuming
probabilities for each scenario according to their
likelihood, the final JMT target price was €20.88, which
represents a 1.0% upside compared to the value of the
share, earning a HOLD Recommendation for JMT’s stock.
Descrição
Palavras-chave
Jerónimo Martins War Scenarios Share Price