PKO BP Brokerage House: valuation of TIM in the horizon of 12 months within the range of PLN 412-487 million
PKO BP Brokerage House has published the first out of the series of financial analyses of TIM SA. Analysts point to strong FCF which allows the company to generate greater cash flows and add value to the company’s goodwill. They also assume the level of dividend to increase by 10 groszys each year. And they anticipate the consolidated revenues of PLN 1.038 million at the end of the year 2020.
Based on the DCF model, the analysts of BM PKO BP assess the company’s value (for the year) within the range of PLN 412-487 million.
The analysis may be downloaded from the webpage Komentarze, analizy, rekomendacje.