Gkougkousi, XanthiMetzner, Karim2018-01-172018-01-172017-06-30http://hdl.handle.net/10362/28414The purpose of this report is to guide the reader’s decision whether to invest or not to invest in Universal Health Services, Inc. (UHS) stocks. To provide comprehensive insides, we first analysed the business model, the hospital industry in the USA, macroeconomic trends and the political environment that could influence the valuation of UHS. Based on the gathered information, we performed three different types of valuation models. A peer multiple-based valuation, a residual operating income valuation and a discounted cash flow valuation. All three models lead us to the belief that the intrinsic value of UHS’ share is essentially higher than the market valuation of 106,81 US$ on the 02.01.2017. For UHS, we set a target price of 123,31US$. Therefore, we conclude that the share of Universal Health Services, Inc. is undervalued and give the recommendation: BUY.engValuationUHSHospitalHealthcaremaster thesis201753642