Discounted cash flow valuation of SPCG public company limited.

Abstract

This thematic paper intentionally illustrates the discounted cash flow valuation on my interested company, SPCG Public Company Limited, which reflects the value of the company and investment decision making eventually. I applied the concept of discounted cash flow valuation model which is financial planning to project the company’s cash flow, weighted average cost of capital and terminal value, in order to determine the reasonable value of the company. The result of the valuation of SPCG incorporates with informative support from economic and industry analysis, it shows the undervalued of the company’s price as comparing with its current price (the current price as of 31 October 2014), then it is recommended to “BUY”.

KEY WORDS: valuation, discounted cash flow, solar power, alternative energy