INVESTMENT ANALYSIS: SUGGESTED LAYOUT Co. Name – nominal value of shares. Eg 25p ordinary

Sector: Year End: Results Due: Ordinary Dividend Interim: Final:

Per Share (net)

Date Paid

Previous Year (net)

Market Statistics as at…………………………………………………………….

Market Cap

Market Price (p) C H L

Gross div Yield %

P/E (times)

Sector Index FTSE All Share Index

Recommendation

eg.

Buy Hold

Sell

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COMPANY PROFILE Should deal with: for example (i) (ii) (iii) (iv) Principal Activities Position in Sector Competitors Relevant economic, social, political and technological factors.

Note: Consult the Research Index ____________________________________________________________

_________ Divisional Analysis Turnover % Comment on Divisional Analysis Profit % Profit Margin % ROCE %

Geographical Analysis

Turnover Profit Profit Margin % % % Comment on Geographical Analysis (currency effects etc.)

ROCE %

Turnover and Profit Analysis Rate of Change In Turnover % Rate of Change in Profit Before Interest and Tax % (i) (ii) (iii) 5 years + mean

5 years + mean

Comment on Rate of Change in Turnover and Rate of Change in PBIT Mention effect of acquisitions/disposals Mention prospects for turnover and profits based on activities

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Profitability Ratios In an attempt to assess the efficiency of this company, we look at the following ratios:

ROCE Margin % Activity Rate % (i) Define ROCE =

5 years+mean

comparison with industry

profit before interest and tax capital employed

(ii) (iii) (iv) (v)

Comment on ROCE Comment on Profit Margin Comment on Activity Rate Then say which, i.e. profit margin or activity rate, accounts for the trend in ROCE.

What is the outlook for the profitability of the company considering factors such as those outlined in the company profile and the company’s declared strategy?

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