MAKING INVESTMENT EASIER GIVING CUSTOMER ADVICE MAKING THE MARKET MORE ASSESSIBLE “OUR AIM IS TO IMPOWER THE INVESTOR TO MAKE INVESTMENT DECISION THROUGH QUALITY ADVICE AND SUPERIOR SERVICE” Sharekhan limited Amravati branch. Tank Complex‚ Above Union Bank‚ Rajkamal Square‚ Amravati www.sharekhan.com COMPANY PROFILE Sharekhan is a firm which is working under SSKI
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analysis assumes Nike debt is trading at par – it is not ▪ Equity should be based on market value‚ not book value ▪ Hence total will be based on market cap.‚ not balance sheet ▪ Her debt cost is wrong ▪ She should use the current or projected cost rather than a historic one ▪ i.e. use a Bloomberg terminal (other terminals are available) to research yields on debt of the same credit rating as Nike ▪ It is unlikely Nike has a cost of
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Nike Case Questions 1. In the United States‚ what is Nike’s: a) Brand image‚ and b) sources of brand equity? a) In the United States‚ Nike’s brand image is built on being a high-performance‚ innovative and aggressive brand. The company associates the brand with top athletes through sponsorships. Since inception‚ Nike has placed performance as a top priority for the brand. Through designing high performance shoes and apparel‚ as well as sponsoring high-profile athletes and teams the brand
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apparel market that has successfully established itself; its profit next year is on course to be more than the triple its 2007 net income. But a compound annual growth rate of 34% since 2005 is a double-edged sword: yes‚ it reflects a fast-growing company‚ but it also can lead to an over-cooking of a stock’s price. That’s the view of JPMorgan Chase analyst Matthew Boss‚ who on Wednesday initiated coverage of Under Armor by slapping a sell rating on the stock‚ and setting a $45 a share price target
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NIKE INC. 1. HISTORY 1960s Bill Bowerman and Phil Knight founded Nike Inc. as Blue Ribbon Sports with a handshake and only $1‚000 in capital in 1964. The partners first began their relationship at the University of Oregon where Bowerman was Knight’s track and field coach. While attending Stanford University‚ Knight wrote a paper about breaking Germany’s domination of the U.S. domestic athletic shoe industry by distributing low-cost‚ high-quality Japanese athletic shoes to American consumers.
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company. Nike was founded in 1970 is today’s top shoe company. Nike serves people of all ages regardless of gender; they can service all your needs. From shoes‚ to clothes‚ to accessories‚ Nike has been an innovator in the global shoes business. This is why it is the leading brand in the shoe business over Adidas and Reebok. Bill Bowerman‚ a University of Oregon field coach‚ and Phil Knight‚ a middle-distance runner from Portland who attended Oregon in 1955‚ were the visionaries behind Nike. Bowerman
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Executive Summary Overview Nike is the market leader in athletic shoes in the United States. The Oregon based company has always utilized offshore facilities in low-income countries to produce at minimal costs followed by importation into predominantly the US for sales. Nike is quick to divest from emerging markets as costs rise and has recently signed short term production contracts with a long term strategy of production in China. Unlike Nike’s previous global endeavors‚ the political and cultural
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Case study: Nike: the Sweatshop Debate 1) Should Nike be held responsible for working condition in factories that it does not own‚ but where sub-contractors make products for Nike? Nike doesn’t own any manufacturing facilities and outsource its production. Therefore‚ it can’t be directly blamed for terrible working conditions. Nike can influence indirectly on working conditions at contracting factories thorough refusing to work with sweatshop factories. However‚ Nike‚ like any other capitalistic
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it‚ how often they buy it‚ how often they use it‚ how they evaluate it after the purchase and impact of such evaluation on future purchases & disposal. Nike shoes are sold worldwide at high price. People tend to associate high price positively with good quality & maximum performance. Because of the high price‚ before buying Nike shoes‚ people undergo extensive information processing‚ i.e. - ask friends or search the internet to find information about the product. 1.2 Origin of Report
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found some flaws we believe caused computational mistakes. i. When using the WACC method‚ the book value of bond is available as the market value since bonds are not quite active in the market‚ but the book value of equity isn’t. Instead of Johanna’s using equity’s book value‚ we should multiply the current price of Nike’s stock price by the numbers of shares outstanding. ii. When calculating the YTM of the firm’s bond‚ Johanna only used the interest expense of the year divided by the average
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