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Moncler´s group equity research - setting a new trend
| Nome: | Descrição: | Tamanho: | Formato: | |
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| 8.55 MB | Adobe PDF |
Orientador(es)
Resumo(s)
An in-depth valuation of Moncler Group was done using the Discounted Cash Flow (DCF) method, Multiple
Method and Scenario Analysis. The DCF method arrived at a €53.39 share price resulting in a 13.4% upside for
shareholders. The analysis extends to a sensitivity analysis of the WACC and the terminal growth rate, illustrating
the valuation's responsiveness to these assumptions. A multiples-based valuation method corroborates the DCF
findings, comparing Moncler to peers via metrics like EV/Sales, EV/EBITDA, and P/E ratios, and reflecting
Moncler's superior market positioning. Scenario analyses further enrich the valuation, considering bull and bear
cases that provide a spectrum of potential outcomes based on Moncler's operational performance and market
conditions.
This extensive valuation exercise underscores Moncler's potential as an investment resulting in a BUY
recommendation which is supported by its strong brand, historical performance, and strategic initiatives. Investors
are advised to consider this valuation within the broader context of market volatility and Moncler's growth
trajectory, which presents a balanced risk-reward proposition.
Descrição
Palavras-chave
Luxury Sustainability Moncler Corporate finance