Investment Thesis for AMG Advanced Metallurgical Group (EuroNext: AMG)

Abstract

This investment thesis is an analysis of Advanced Metallurgical Group, a global critical materials company. Our analysis examines the economic trends and factors that affect AMG, and how they adjust to these changes. This analysis is then combined with the Hanke-Guttridge Discounted Cash Flow (HG-DCF) model in order to calculate the estimated share price. A Monte-Carlo simulation is presented to show a distribution of possible free cash flows. In addition to this, we also analyze the proxy statements, and management compensation of AMG to verify that management is aligned with the shareholders. This investment thesis will provide the necessary financial information, along with background information to make an investment decision.