{"id":424756,"date":"2026-08-21T00:37:57","date_gmt":"2026-08-20T16:37:57","guid":{"rendered":"https:\/\/library.usj.edu.mo\/?post_type=tnc_col_19631_item&#038;p=424756"},"modified":"2026-08-24T12:17:57","modified_gmt":"2026-08-24T04:17:57","slug":"financial-valuation-of-caterpillar-inc","status":"publish","type":"tnc_col_19631_item","link":"https:\/\/library.usj.edu.mo\/zh\/student-thesis-dissertation\/financial-valuation-of-caterpillar-inc\/","title":{"rendered":"FINANCIAL VALUATION OF CATERPILLAR INC."},"content":{"rendered":"<p>THE EST\u00c9E LAUDER COMPANIES (EL)IS A GLOBAL LEADER IN PRESTIGE BEAUTY. THEY BUILD CONSUMER-BELOVED BRANDS THAT MANUFACTURE, MARKET, AND SELL EXEMPLARY SKIN CARE, MAKEUP, FRAGRANCE, AND HAIR CARE PRODUCTS, AND SERVE AS A STEWARD OF LUXURY AND PRESTIGE BRANDS GLOBALLY. TODAY EST\u00c9E LAUDER&#8217;S SKIN CARE, MAKEUP AND FRAGRANCE PRODUCTS IS SOLD IN MORE THAN 150 COUNTRIES WORLDWIDE. BUT SUSTAINING ITS COMPETITIVE ADVANTAGE REPRESENTS AN EVERYDAY CHALLENGE, DUE TO THE FIERCE COMPETITION THAT CHARACTERIZES THE BEAUTY AND COSMETICS INDUSTRY WORLDWIDE. THEREFORE, THE THESIS ANALYZED THE FINANCIAL STATEMENTS OF EST\u00c9E LAUDER COMPANIES FOR THE PAST FIVE YEARS (2019-2023) AND FORECAST THE BUSINESS PERFORMANCE FOR THE NEXT DECADE (2024-2033). AFTER THAT, IT WILL CALCULATE THE INTRINSIC VALUE OF EST\u00c9E LAUDER AS OF DECEMBER 31, 2023, AND COMPARE IT WITH THE STOCK MARKET PRICE ON THAT DAY. THIS COMPARATIVE ANALYSIS IS HELPFUL FOR JUDGING WHETHER THE MARKET PRICE OF THE COMPANY&#8217;S STOCKS TRULY REFLECTS ITS ACTUAL VALUE. ANOTHER OBJECTIVE IS TO EXPLORE AND ANALYZE THE INTERNAL AND EXTERNAL FACTORS INFLUENCING THE COMPANY AND ITS FUTURE STRATEGIC PLANNING, THEREBY PROVIDING IMPORTANT INFORMATION FOR THE SENSITIVITY ANALYSIS OF STOCK PRICES. THROUGH THIS ANALYSIS, THE POTENTIAL IMPACT THAT THESE FACTORS AND STRATEGIES MAY HAVE ON THE FUTURE PRICE OF STOCKS CAN BE REFLECTED, PROVIDING AN IMPORTANT BASIS FOR INVESTORS&#8217; DECISION-MAKING. \u96c5\u8bd7\u5170\u9edb\u516c\u53f8\uff08EL\uff09\u662f\u5168\u7403\u9ad8\u7aef\u7f8e\u5986\u9886\u57df\u7684\u9886\u5bfc\u8005\u3002\u4ed6\u4eec\u6253\u9020\u6df1\u53d7\u6d88\u8d39\u8005\u559c\u7231\u7684\u54c1\u724c\uff0c\u751f\u4ea7\u3001\u8425\u9500\u548c\u9500\u552e\u5353\u8d8a\u7684\u62a4\u80a4\u54c1\u3001\u5f69\u5986\u3001\u9999\u6c34\u548c\u62a4\u53d1\u4ea7\u54c1\uff0c\u5e76\u5728\u5168\u7403\u8303\u56f4\u5185\u62c5\u4efb\u5962\u4f88\u54c1\u548c\u9ad8\u7aef\u54c1\u724c\u7684\u5b88\u62a4\u8005\u3002\u5982\u4eca\uff0c\u96c5\u8bd7\u5170\u9edb\u7684\u62a4\u80a4\u54c1\u3001\u5f69\u5986\u548c\u9999\u6c34\u4ea7\u54c1\u5728\u5168\u7403 150 \u591a\u4e2a\u56fd\u5bb6\u9500\u552e\u3002 \u4f46\u8981\u4fdd\u6301\u5176\u7ade\u4e89\u4f18\u52bf\u662f\u4e00\u9879\u65e5\u5e38\u6311\u6218\uff0c\u56e0\u4e3a\u5168\u7403\u7f8e\u5bb9\u548c\u5316\u5986\u54c1\u884c\u4e1a\u7ade\u4e89\u6fc0\u70c8\u3002\u56e0\u6b64\uff0c\u672c\u6587\u5206\u6790\u4e86\u96c5\u8bd7\u5170\u9edb\u516c\u53f8\u8fc7\u53bb\u4e94\u5e74\uff082019 &#8211; 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