Martins, Francisco Antunes da CunhaCarrasquinho, Rodolfo Morgado Pereira das Neves2023-08-032023-08-032023-01-132022-12-16http://hdl.handle.net/10362/156228Through this analysis, a valuation model for Disney was conducted in order to issue an investor recommendation using an in-depth analysis of the company’s segments, value drivers, discounted cashflows, multiples, and scenarios. For this part of the thesis, the Parks, Experiences and Products, and Studio Entertainment segments were analyzed, as well as a DCF valuation, Scenario Analysis and Relative Valuation. As for final recommendation, a target price per share of $106.23 is expected at the end of 2023, translating into a total expected return of 13.26%. Therefore, a BUY recommendation was made.engParksEntertainmentValuationScenariosmaster thesis203310594