endeavour with the expectation of obtaining an additional income or profit. True investing doesn't happen without some action on our part. A "real" investor does not simply throw his or her money at any random investment; he or she performs thorough analysis and commits capital only when there is a reasonable expectation of profit. Yes, there still is risk, and there are no guarantees, but investing is more than simply hoping Lady Luck is on our side. It is much the same with investing in equities but
Words: 820 - Pages: 4
Q1. Best comparable companies to DSH and the strengths and weaknesses of decision. Out of the nine comparable companies given for DSH's relative valuation, five have been selected to be in the analysis for relative valuation for their similarities in business operations and risk profiles. These five companies are JB Hi-Fi Limited (JBH), Harvey Norman Holdings Ltd. (HVN), GOME Electrical Appliances Holding Limited (GMELY), Dixons Retail PLC (DXNS) and Hikari Tsushin, Inc. Strengths of decision
Words: 2629 - Pages: 11
b. Important dates 2. Types of dividends a. Cash b. Stock II. Analyzing Common Stocks A. Security analysis 1. Top-down approach 2. Principles of security analysis B. Fundamental analysis 1. Balance Sheet 2. Statement of Cash Flows 3. Income Statement III. Stock Valuation A. Stock valuation models 1. Dividend valuation model 2. Dividends-and-Earnings approach 3. Expected return IV. Market Efficiency and Behavioral Finance
Words: 406 - Pages: 2
The method: Comparable company analysis While the DCF is based on fundamentals, the comparable companies’ analysis is rather a relative approach. This relative approach values the company based on the market valuation of similar companies. This method consists of a process used to evaluate the value of a company using the metrics of other businesses in the same industry. The comparable company analysis operates under the assumptions that similar companies share the same risks, growth profile and
Words: 507 - Pages: 3
EUROTEL CASE 2011 Recommendation on EUROTEL License Valuation Recommendation A regression analysis suggest to bid for licenses for 3G in three countries (Hungary, Russia and Turkey). The following outcome was calculated with Mobile Subscribers in million and $GDP per 1000 people as the independent variables; | Predicted Price per person ($Mil) | Predicted Price for all license ($Mil) | Hurdle Valuation per Capita ($Mil) | Hurdle Valuation ($Mil) | Hungary | 14.7946366 | 149.4258295 | 7
Words: 488 - Pages: 2
that blame poor financial performance on temporary external factors. Results of an experiment conducted with 124 financial analysts suggest that when analysts perceive such disclosures as plausible, they provide higher earnings forecasts and stock valuations than if the explanation had not been provided. However, we also show that these disclosures can backfire if analysts find them implausible. Specifically, implausible explanations that blame poor performance on temporary external factors lead We
Words: 11466 - Pages: 46
"Which Valuation Metrics Work Best for Stock-Picking Within the Sector?" FIN630 Section 9044 Professor John Halstead October 30, 2011 Overview The article entitled “Which Valuation Metrics Work Best for Stock-Picking Within the Sector?” studies the effectiveness of several market valuation multiples in predicting outperformance of regulated utility stocks relative to the industry as well as the S&P 500 index from 1972 to 2010. The study that was conducted utilizes a database of financial
Words: 1428 - Pages: 6
stock split? What do you mean by Bonus Issue? What do you mean by Buy Back? What do you mean by Right issue of shares? What are ADR’s? ------------------------------------------------- What is the difference in between IPO and FPO? Risk-Return analysis Risk meaning and Measurement – Types of Risk – Systematic, Unsystematic risk, Beta Coefficient, Alpha, CAPM theory etc. What is return? Expected rate of Return, computation formulae. Case studies on risk-return using standard deviation, variance
Words: 1304 - Pages: 6
competitive advantage, Boston Chicken sustained a growth rate that drew both lucrative and discerning attention. This report looks to analyze what key factors led to such rapid growth, Boston Chicken’s accounting policies, as well as a comprehensive valuation of the firm that concludes with a recommendation for further action. Critical Success Factors Boston Chicken was a hybrid restaurant that offered affordable, home-style meals with the convenience of fast food. The company can attribute their stellar
Words: 2885 - Pages: 12
3.5 Recent financial performance 8 4.0 Characteristics of industrial market 10 4.1 Major players 10 4.2 Market share 10 4.3 Turnover 12 4.4 Industry life cycle 13 5.0 Current issues and their impact on Sino Techfibre 14 5.1 SWOT analysis 14 5.1.1 Strengths 14 5.1.2 Weaknesses 14 5.1.3 Opportunities 14 5.1.4 Threats 15 5.2 Globalisation 16 5.3 Porter’s five forces 16 6.0 Profit/loss statement 18 7.0 Balance sheet 19 8.0 Assumptions and predictions for
Words: 8081 - Pages: 33
