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Reinventing the tobacco Industry: a breath of fresh air
| Nome: | Descrição: | Tamanho: | Formato: | |
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| 2.96 MB | Adobe PDF |
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This individual report is one of two parts forming a comprehensive equity
research report on Philip Morris International, a leading manufacturer and
distributor within the tobacco industry. This part encompasses a detailed
projection of PMI’s key financial and operational metrics, highlighting the
assumptions made and the rationale behind them. Furthermore, the firm’s
intrinsic value is derived through the Discounted Cash Flow methodology,
arriving at a target share price. In this section, a sensitivity analysis is performed
to assess the impact of varying assumptions in the valuation, as well as a Monte
Carlo simulation, which provides insights on potential unexplored scenarios.
Finally, to finish the report a risk analysis is developed, bringing attention to
possible adverse industry and company developments that represent the main
risks to the investment thesis presented.
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Philip Morris international Combustible products Cigarette Heated tobacco Nicotine pouches Smoke-free products Oral smokeless products Intrinsic valuation Equity research Iqos Zyn Monte Carlo dimulation Dcf valuation