Capital Investment Analysis/Capital Budgeting: Learning Objectives: After studying this topic you should be able to: | | Define and explain capital investment analysis. | | | Evaluate capital investment proposals using average rate of return method‚ cash payback method‚ net present value method‚ and internal rate of return method. | | | Explain the advantages and disadvantages of various methods of evaluating capital investment proposals. | | | Explain the concept of the time
Premium Net present value
Flows The Stand-Alone Principle Incremental Cash Flows Sunk Costs Opportunity Costs Side Effects Net Working Capital Financing Costs Other Issues Pro Forma Financial Statements and Project Cash Flows Getting Started: Pro Forma Financial Statements Project Cash Flows Projected Total Cash Flow and Value More about Project Cash Flow A Closer Look at Net Working Capital Depreciation Evaluating Equipment Options with Different Lives Project Cash Flows Relevant
Premium Depreciation Cash flow
Valuation & Accounting Global November 2001 Valuation Multiples: A Primer Global Equity Research www.ubswarburg.com/researchweb In addition to the UBS Warburg web site our research products are available over third-party systems provided or serviced by: Bloomberg‚ First Call‚ I/B/E/S‚ IFIS‚ Multex‚ QUICK and Reuters UBS Warburg is a business group of UBS AG Valuation Primer Series Peter Suozzo +852-2971 6121 s peter.suozzo@ubsw.com Stephen Cooper +44-20-7568
Premium Discounted cash flow Fundamental analysis Cash flow
How To Choose The Best Stock Valuation Method When trying to figure out which valuation method to use to value a stock for the first time‚ most investors will quickly discover the overwhelming number of valuation techniques available to them today. There are the simple to use ones‚ such as the comparable method‚ and there are the more involved methods‚ such as the discounted cash flow model. Which one should you use? Unfortunately‚ there is no one method that is best suited for every situation.
Premium Discounted cash flow Free cash flow Cash flow
The purpose of DCF-Valuation is to determine the value of a company in terms of its future cash flows. The cash flows are adjusted with certain items (e.g. those not related to company´s core businesses or those with no cash effect) in order to make sure the flows reflect the actually generated cash as good as possible. This document describes DCF valuation in detail and in our valuation model. If you would like to get an overview of valuation in general or practical examples (numerical and graphical)
Premium Discounted cash flow Net present value Free cash flow
A Project Report On “TO STUDY OF EQUITY VALUATION ON INDIAN CEMENT INDUSTRY” Submitted To: Bhulabhai Vanmalibhai Patel Institute of Business Management‚ Computer & Information Technology‚ Gopal Vidyanagar. Submitted By: BHAVINI SHAH T.Y BBA- I 09 BBA 11 Acknowledgement I wish to express my sincere thanks to Dr. Poonam Mittal‚ Director of Bhulabhai Vanmalibhai Patel Institute of Business Management‚ Computer & Information Technology‚ Gopal Vidyanagar‚ Tarsadi‚ who gave me the chance
Premium 1983 1966 2007
Valuation models Discounted cash flow models: Dividend discount Free cash flow to the firm Residual income Multiples-based valuation: Price-earnings Value-EBITDA Value-EBIT Value-Sales Price-Book value Equity valuation In conjunction with the valuation of Coles Group‚ contained in “Excel03 Equity valuation” Real options valuation Equity markets price shares above the present value of expected future cash flows‚ due to the presence of embedded options not captured by DCF analysis Real
Premium Discounted cash flow Weighted average cost of capital Generally Accepted Accounting Principles
Introduction Silicon Arts Inc. (SAI) is a manufacture of digital imaging Integrated Circuits (IC) that are used in digital cameras‚ DVD players‚ computers‚ medical and scientific instrumentation. The major sales are in North America (70%)‚ Europe (20%)‚ and South East Asia (10%). This company annual sales turnover is $180 million. SAI grew rapidly in its first years due to the semiconductor industry boom. As the industry began to slow down‚ SAI watched its revenues fall by 40%. SAI survived
Premium Net present value Investment Capital budgeting
Training BUSINESS VALUATION 8 August 2012 Introduction The purpose of this paper is to introduce you to the concept of business valuation and show different types of the valuation. Objectives On completion of this paper you should have an understanding of the factors that drive value‚ different types of valuation techniques‚ and negotiations from different prospective. Resources Business Valuation seminar on 19/04/12 by David Cartney Business Valuation Although there
Premium Net present value Generally Accepted Accounting Principles Financial ratios
& Research SPECIALIZATION PROJECT On Financial Statement Analysis and Business Valuation By Anand Dube PGDM (2009 – 11) Specialization: Finance ROLL NO. 03 PROJECT FACULTY GUIDE Prof. Madhavi Lokhande Prepared by: Anand Dube | PGDM (2009-11)‚ Roll Number 3 PROJECT COMPLETION CERTIFICATE This is to certify that project titled - Financial Statement Analysis and Business Valuation is successfully done by Mr. Anand Rajkumar Dube in partial fulfillment of his two years
Premium Strategic management Revenue