| Abstract [eng] |
In a competitive world, business evaluation is required in order to sell, buy, change business strategy, look for the weakest and most risky company‘s sides and etc. For this reason, the company's financial condition and operating results are analysed by using va-rious performance calculation indicators and evaluation methods. As a result of not analy-sing the company and without adoption of appropriate solutions to its activities, problems, failures and various obstacles that hinder the company from its success, occur. It is especially important to choose the right business evaluation models, which ref-lect the true value of the company. In recent years, a large part of investors attention was paid to the so-called value based financial indicators superseding the traditional indicators based on the net profit. Currently, one of the most popular value-based indicators is Eco-nomic Value Added (EVA). Economic Value Added is a measure that clearly shows whether shareholders' assets are increased or decreased by the business. The object of the research - the business efficiency. The aim of the research – after disclosure of the company's value-creation economic meaning and importance, to perform the company's value assessment by using EVA indica-tor. To achieve this, the following key objectives are set: - To analyse the significance and problems of performance evaluation - To reveal the concept of the business value efficiency - Investigate the company's valuation methods - Prepare a business evaluation methodology - To perform the company's value assessment by using EVA indicator according to UAB „PROMA BALTUS“ data. In this master‘s thesis a company‘s UAB „PROMA BALTUS“ evaluation was car-ried out, the analysis found out that the company is operating profitably. Company sha-reholders task for managers - to earn higher return on equity with less assets. After calcula-tion of EVA, it can be seen that in 2014 the company grew two times more than in 2013. The calculation of indicators confirms the fact that the traditional financial statements are incomplete, traditional profitability indicators do not show the company's actual operating results, shareholders after analysing the company did not see its real condition: efficiency of the investments; whether the value is created and the size of it. It is offered for the company executives continue to use the EVA indicator calculation in order to assess the company's future developments and analyse in detail the calculation of each segment. Volume of the work 80 pages, 23 figures, 32 tables. |
