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DC Field | Value | Language |
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eperson.contributor.advisor | Roy Kouwenberg | - |
dc.contributor.author | Awn, Ja Mun | - |
dc.date.accessioned | 2021-05-31T04:16:30Z | - |
dc.date.available | 2021-05-31T04:16:30Z | - |
dc.date.issued | 2021-04-02 | - |
dc.identifier.other | TP FM.002 2021 | - |
dc.identifier.uri | https://archive.cm.mahidol.ac.th/handle/123456789/4029 | - |
dc.description | 51 leaves | en_US |
dc.description.abstract | This thematic paper demonstrates how to value the stock price of Tiffany & Co. using the discounted cash flow to the firm model, by creating a free cash flow forecast and calculating a reasonable valuation of the firm’s share price and at the end deciding whether to buy/hold/sell the company’s stock. Tiffany & Co. is a USD-based company engaged in the design, manufacture, and marketing of high-end jewelry. It offers the following product categories: engagement and designer jewelry, jewelry collection, watches, home and accessories products, and fragrances. The company had a very impressive growth rate during the past 5 years. Moreover, the company is planning to merge with LVMH and enforce its new product mix and expand its digital and social media market. This merger is expected to support its high-end jewelry product position while reducing gross margin. The result from this paper shows the value of the TIF share price is expected to be 27% lower than the current share price. This leads to my recommendation of “Sell” regardless of the potential growth and their strong business model. | en_US |
dc.language.iso | en | en_US |
dc.publisher | Mahidol University | en_US |
dc.subject | Financial Management | en_US |
dc.subject | TIFFANY & CO. | en_US |
dc.subject | Discounted Cash flow | en_US |
dc.subject | luxury jewelry industry | en_US |
dc.title | DISCOUNTED CASH FLOW VALUATION OF TIFFANY & CO. | en_US |
dc.type | Thesis | en_US |
Appears in Collections: | Thematic Paper |
Files in This Item:
File | Description | Size | Format | |
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TP FM.002 2021.pdf | 2.37 MB | Adobe PDF | ![]() View/Open |
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