This equity report aims at analyzing the recently listed company Beyond Meat, and the latest development in the plant-based meat alternatives landscape. By thoroughly analyzing the company and its industry, we conceived a valuation model that encompasses all the drivers which will underpin the growth of the company and the industry. Throughout the report, we present drivers as well as the methodology used to arrive at our underlying model assumptions. Having analyzed the current and the potential future environment for Beyond Meat, our results suggest that the company is trading at a discount and recommend investors to buy the stock
