Introduction
Part 1 Analysis of Financial Statement
Computation of Financial ratio
1. Common size statements
2. Internal liquidity (solvency)
3. Operating performance a. Operating efficiency b. Operating profitability
4. Risk analysis a. Business risk b. Financial risk
5. Growth analysis • Determinants of Growth Part 2 Industry Analysis 1. Cross-Sectional Industry performance
2. performance over time
3. Performance of companies within an industry
4. Performance Analysis Process
5. Business Cycle • Inflation • Interest Rates • International Economics • Customer Sentiment
Structural Economic Changes and Alternative Industries a. Demographics b. Lifestyles c. Technology d. Politics & regulations
Evaluating the industry life cycle
Analysis of industry competition
Estimating the Expected Growth rate
Part 3 Company Analysis
Growth Companies and Growth Stocks
Defensive Companies and stocks
Cyclical Companies and stocks
Speculative Companies and Stocks
Company Analysis a. Firm competitive Strategies b. SWOT Analysis a. Relative Valuation techniques I. Price/Book Value Ratio II. Price sales Ratio
Conclusion
INTRODUCTION:
Lafarge Surma Cement Ltd. was incorporated on 11 November 1997 as a private limited company in Bangladesh under the Companies Act 1994 having its registered office in Dhaka. On 20 January 2003, Lafarge Surma Cement Ltd. was made into a public limited company. The Company is listed in Dhaka Stock Exchange and Chittagong Stock Exchange. Today, Lafarge Surma Cement Ltd. has more than 20,000 shareholders.
The Company is fortunate to have a blend of both international and local shareholders. The international shareholders of Lafarge Surma Cement Ltd. bring in technological and management expertise while the local partners provide deep insights of the economy of Bangladesh. The shareholders believe that growth and innovation must add value, not only for the