Riva, CamilloHeinzelmann, Jan Felix2024-10-252024-10-252024-01-222023-12-20http://hdl.handle.net/10362/174054This report is part of a comprehensive equity research report on Gerresheimer AG, a company specializing in pharmaceutical packaging and drug delivery devices. This part of the report examines the macroeconomic environment and market trends and analyses the company's competitive environment. It also analyses the relevant markets and identifies a total addressable market of €31,220 in 2030. In addition, a multiple valuation of the company is performed using a peer group to check the plausibility of the results of the APV valuation performed in the other part of the report. This results in an average share price of €161.70 for the most similar peer companies and €149.30 for all peer companies. Risks and Gerresheimer's ESG activities are also examined. Based on the analyses of both parts of the report, this section also contains a recommendation to buy Gerresheimer shares.engEquity researchGerresheimer agMedtechPackagingCompany valuationGerresheimer equity research report - part 1master thesis203604920