Why we observe misvaluation of certain firms such as Tesla and Twitter and how could these potential overvaluation be explained ? / Romain BERNARD / 2022

Titre : Why we observe misvaluation of certain firms such as Tesla and Twitter and how could these potential overvaluation be explained ? Type de document : Mémoire Auteurs : Romain BERNARD, Auteur Année de publication : 2022 Importance : 31 p. Note générale : Pour accéder aux fichiers PDF, merci de vous identifier sur le catalogue avec votre compte Office 365 via le bouton CONNEXION en haut de la page. Langues : Anglais (eng) Mots-clés : Management FINANCE D'ENTREPRISE ; FINANCE DE MARCHE ; TECHNOLOGIE Résumé : This dissertation will be dedicated to the analysis of overvaluation of firm’s stocks with two concrete example. We will analyze why we observe misvaluation of certain firms such as Tesla and Twitter and how could these potential overvaluation be explained? The objective of this dissertation is to understand if there is indeed an overvaluation of Tesla and Twitter which are now two linked firms due to Elon Musk, but first and foremost why do overvaluation occur, what are the key factors affecting the valuation of the shares. The objective is to use different type of analysis to obtain the maximum results and merge the various analysis to have a complete overview of the subject. Consequently, the dissertation will in a first stand cover the analysis made by various authors and scholars on similar subject. In this part, the valuation reasons for a firm or for an asset, overvaluation of an asset, the reasons leading to overvaluation and the added value of behavioral finance will be covered. Then, preceding the whole analysis part, methodology of data gathering will be presented. The analysis part will cover in a first stand traditional finance analysis for Tesla and Twitter, and behavioral finance analysis once again for the two companies. Following this part, the dissertation will cover recommendations concerning the which methods to use and how to detect a potential overvaluation and it will come to an end with the limitation section where limiting factors will be stated. Programme : Global BBA Permalink : https://cataloguelibrary.neoma-bs.fr/index.php?lvl=notice_display&id=562222