20.500.12556/DKUM-46026 VREDNOTENJE PROIZVAJALCA PIJAČ - UPORABA TEHNIKE RELATIVNEGA VREDNOTENJA THE VALUATION OF BEVERAGE PRODUCER - APPLICATION OF RELATIVE VALUATION Vsak posameznik, ki ima presežek sredstev, se je že kdaj ukvarjal z mislijo doseganja dodatnih donosov na njih. V diplomskem projektu predstavljamo ravno način doseganja tega, in sicer s tehniko investiranja, ki je hitra in enostavna za uporabo. Namenjena je širokemu krogu ljudi. To je tistim, ki se šele srečujejo z investicijskimi procesi, in tudi tistim, ki so se z njimi že podrobneje seznanili. Imenuje se tehnika relativnega vrednotenja. V svetu investiranja je zelo uporabljena in je eno izmed ključnih meril odločanja investitorjev o investiranju. Skozi diplomski projekt vas seznanimo s procesom celotne tehnike in prikažemo način uporabe le-te ob omejenih sredstvih. Zaradi tega smo kot obravnavano izbrali podjetje, s katerim je seznanjeno veliko ljudi in se pojavlja v vsakdanjem medijskem prostoru. To je Skupina Laško, katere temeljna dejavnost je proizvodnja pijač. Vrednosti tržnih multiplikatorjev, ki jih v izbranem procesu tehnike dosega Skupina Laško, primerjamo z vrednostmi primerljivih podjetij. S tem ne le da ocenimo vrednost delnice obravnavanega podjetja, ampak se hkrati seznanimo s pripadajočim trgom, konkurenčnim in makroekonomskim okoljem Skupine ter jo podrobneje spoznamo. Kot vidimo, proces ne zajema enostranskega področja ekonomskega obravnavanja teme, ampak celovito in sisitematično povezovanje ekonomskih, finančnih ter poslovnih področij, kar se odraža v končnem rezultatu in njegovem osmišljanju. Every individual that has ever obtained a surplus of resources has also set himself on a mission of achieving additional yields upon them. In this graduation thesis we present the exact methods of accomplishing such a result by utilizing the technique of investment, which is quick and easy to handle. It is open and meant to be used by a large variety of people. Those, more specifically, that are just getting started to acquaint themselves with investment process and also those, that have already gotten to know it. It is called the technique of relative valuation. It is widely applied in the investment world and presents one of the key criterion upon which investors make their decision. Throughout the thesis we acquaint you with the wholesome procedure of the technique and present the possible uses of it when dealing with limited resources. For that reason we have decided to choose a company, of which a great many people are aware of and is surfaced daily by media outlets. We are talking about the Laško group, whose fundamental activity is the production of beverages. The value of market multiples, that are being reached by the Laško group in a predefined procedure, is being compared with the values of suitable companies. With this, do we not only asses the value of the shares of stock of the discussed company, but also get to know the corresponding market, competition and macro-economic environment of the group and get a more detailed knowledge of it. As we may see, the procedure does not only encapsulate a unilateral field of economic approach to the debated subject. It encompasses a comprehensive and systematic connecting of economic, financial and business fields, which in turn reflects in the final result and its formulation. Investiranje tehnika relativnega vrednotenja tržni multiplikator proizvodnja pijač Skupina Laško Investing relative method of valuation market multiples beverage production Laško group true true false [B. Mikl] Slovenski jezik Angleški jezik Delo diplomskega seminarja/zaključno seminarsko delo/naloga 2014-09-10 12:48:08 2014-11-27 09:52:50 2022-05-17 03:09:59 2021-05-02 03:23:05 2014 0 Maribor 0 0000-00-00 NiDoloceno NiDoloceno NiDoloceno 0000-00-00 0000-00-00 0000-00-00 330.3 11871004 URN:SI:UM:DK:BFGLRFU4 UNI_Mikl_Blaz_2014.pdf UNI_Mikl_Blaz_2014.pdf 1 9C0A7C70213E70151CE0558F9BB7BCCD a3d919791c43659e54fadf6f1ed365d98916aa259ba03214e80832093d7a0258 3f77aa71-7c0b-11eb-bb7a-00155d0001ca https://dk.um.si/Dokument.php?lang=slv&id=67369 Ekonomsko-poslovna fakulteta 0 0 0