Valoración de la empresa Segurtronic Ltda. a través del método de flujo de caja libre descontado 2012 - 2017

Abstract

The following assignment presents a business valuation of the company Segurtronic Ltda through a discounted free cash flow method, which consists in calculating the present value of the future cash flows that the company will be able to generate. Being this one of the most known and used techniques for business valuation purposes, it was selected as the method of study attempting to establish whether the company is a profitable investment, attractive to its currents partners and whether it would be positive for the Financial Basic Objective to make a new capital investment. In the case of Segurtronic Ltda the financial statements for the periods 2008 through 2011 were used as database for its financial valuation purposes. Based on these statements, both horizontal and vertical analyses were performed in order to better understand the reality of the company. Furthermore, different economic variables such as GDP (Gross Domestic Product), CPI (Customer Price Index) and DTF were taken into account when projecting the behavior of the financial statements for the upcoming periods 2012 through 2017, all this in order to analyze the results of the company in a moderate scenario, which will set appropriate recommendations to the projection.