Ea Sport
Autor: Ha-Phong Nguyen • September 14, 2015 • Course Note • 5,409 Words (22 Pages) • 600 Views
Electronic Arts - Enterprise Valuation
Yvan Kirassian*
Ha-Phong Nguyen*
Alexandre Pauli*
Valentin Pisa*
REPORT I N F O Due Date: March 17 2015 Keywords: Enterprise valuation Equity value APV method | A B S T R A C T In this assignment, we estimated the value of a commercial firm using publicly available accounting information. We computed both enterprise value and equity value. To perform the valuation, we used the historical financial data, and made our own assumptions in order to forecast the cash flows. We valued the company using both the WACC and APV method.
|
[pic 1]
Contents
List of Figures
List of Tables
Chapter 1 Business overview
1.1 Enterprise presentation
1.2 SWOT analysis
1.3 Competitors
Chapter 2 Inputs
2.1 Historical FCFs
2.2 Main forecasts
Chapter 3 Weighted Average Cost of Capital
3.1 The cost of equity rE
3.2 The cost of debt rD
3.3 Proportion of debt
3.4 Determination of the WACC
3.5 Valuation of Electronic Arts using WACC
Chapter 4 Adjusted Present Value Method
4.1 Value of the firm without leverage
4.2 Valuing the interest tax shield
4.3 Value of the levered firm
Chapter 5 Electronic Arts valuation results
5.1 Enterprise valuation results
5.2 Sensitivity analysis
Chapter 6 Conclusion
Chapter 7 Bibliography
...