Ratio Analysis

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• Published : December 21, 2012

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JOLLIBEE FOODS CORPORATION|
COMMON SIZE FINANCIAL STATEMENTS AND RATIO ANALYSIS |
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RUFIN, MA. URIKA C.2008103114FIN102DEAN MAURICE SABIOSY2010-2011| |

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RATIO ANALYSIS|
1.) EARNINGS PER SHARE| | | |
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EPS=| NET INCOME - PREFERRED DIVIDENDS| | |
| AVE. NO. OF COMMON SHARES OUTSTANDING| | |
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| NET INCOME| OUTSTANDING SHARES| |
| 3,637,297,943| 2010| 1,053,438,818| |
| | 2009| 1,051,458,156| |
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EPS=| 3,637,297,943| | |
| (1,053,438,818 + 1,051,458,156)/2| | |
| | EPS is computed because earnings form the basis for dividend payments and future increases in value of shares
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EPS=| 3,637,297,943| | | |
| 1052448487| | | |
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EPS=| PhP 3.46 | | | | | | | | |
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2.) PRICE EARNINGS RATIO| | | |
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PER=| MARKET PRICE PER SHARE| | |
| The price earnings ratio shows the relationship between the market price of a share of stock and the stock’s current earnings per share. The price earnings ratio is 25.69 ; that is the stock is selling for about 25.69 times its current eps. EARNINGS PER SHARE| | |

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PER=| 88.9| | | |
| 3.46| | | |
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PER=| 25.69| | | |
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3.) DIVIDEND PAY-OUT RATIO| The dividend payout ratio shows and gauges the portion of current earnings being paid out in dividends. Companies with ample growth opportunities at high rates of return have low pay- out ratios than companies with limited reinvestment opportunities

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DPOR=| DIVIDENDS PER SHARE| | | |
| EARNINGS PER SHARE| | | |
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DPOR=| 0.82| | | |
| 3.46| | | |
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DPOR=| 24%| | | |
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4.) DIVIDEND YIELD RATIO| The dividend yield ratio measures the rate of return in form of cash dividends that will be earned by an investor who buys common stock at the current market price. Alow dividend yield ratio is neither bad or good by itself.

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DYR=| DIVIDENDS PER SHARE| | | |
| EARNINGS PER SHARE| | | |
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DYR=| 0.82| | | |
| 88.9| | | |
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DYR=| 0.92%| | | |
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5.) RETURN ON TOTAL ASSETS| | | |
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RTA=| NET INCOME + (INTEREST EXPENSE X ( 1- TAX RATE))| | | AVERAGE TOTAL ASSETS| |
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| NET INCOME| INTEREST EXPENSE| TAX RATE | |
| 3,637,297,943| 179,888,587 | 30%| | | | | |
ASSETS| | | |
| 2010| 27,802,106,867| The return on total assets is the measure of operating performance. The return on total assets derived from the computation is 14.27% this is the return of the average total assets employed over the last year.

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2009| 23,338,959,472| | |
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RTA=| 3763219954| | | |
| 25570533170| | | |
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RTA=| 14.72%| | | |
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6.) RETURN ON COMMON STOCK HOLDER'S EQUITY| | |
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RSHE=| NET INCOME - PREFERRED DIVIDENDS| | |
| AVE. COMMON STOCK HOLDER'S EQUITY| | |
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NET INCOME| STOCKHOLDERS EQUITY| |
| 3,637,297,943| 2010| 16,664,961,411| |
| | 2009| 15,177,607,558| |
| | The return on common stock holder’s equity is based on the book value of common stockholder’s equity. When compared to RTA it measures the extent to which financial leverage is working for or against common stock holders.

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RSHE=| 3,637,297,943| | | |
| 15921284485| | | |
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RSHE=| 22.85%| | | |
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7.) FINANCIAL LEVERAGE| | | |
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