Equity Valuation Lecture Map Definitions of Value Book value‚ Liquidation value‚ Intrinsic value‚ Market value Dividend discount models Constant-growth Multi-stage growth Value Metrics and Determinants of Value Current earnings and growth P/E Lesmond 1 Book Value of Equity The firm’s equity value‚ or stock value‚ is stated right on the firm’s books This is NOT the market value of equity Book value per share of Equity is the value of common equity on the books‚ divided
Premium Generally Accepted Accounting Principles Asset Balance sheet
Capital Expenditure Valuation Methods The payback period is the time it takes for a project or investments cash outflows to be recovered by cash inflows generated from the same project or investment. It is a very simple and commonly used capital budgeting technique. The formula used to compute the payback period is initial investment divided by cash inflow per period. You generally want to choose the investment that provides the shortest payback period‚ because you will get you cash back and it
Premium Net present value Internal rate of return
CITY OF LONDON COLLEGE Cambridge Satchel Company Small Business Enterprise Table of Contents Introduction In this modern business world‚ competition makes the whole quality process straighter. Competition makes the competitor’s to feel about the quality products and services (Adcock D et al.‚ (001). Cambridge Satchel Company is the organization which produces quality leather bags for every people of every level. The organization
Premium Marketing Strategic management Management
Debt outstanding is $140 million. (Show all your work for credit). a. Do you think that the list below represents valid comparable companies? b. What is the current enterprise market value of Pellagia? c. Suppose you are asked to value Pellagia Inc. given the following information. What is your estimate of equity? Of enterprise value? 2. Tel-Talk Inc. is a company that provides domestic and international long distance‚ regional and local communications services‚ cable (broadband) television
Premium Discounted cash flow Generally Accepted Accounting Principles Free cash flow
Name Chapter 1: Business Functions and Business Processes Description Instructions Modify Add Question Here Question 1 True/False 0 points Modify Remove Question One of the four functional areas of operation is Human Resources (HR). Answer True False Add Question Here Question 2 True/False 0 points Modify Remove Question Historically‚ businesses have had organizational structures that separated the functional areas‚ but business schools have not been
Premium Management Supply chain management Process management
Law on Enterprises 2005 Contents: CHAPTER I. General Provisions Article 1 Governing scope Article 2 Applicability Article 3 Application of the law on Enterprises‚ international treaties and relevant legislation Article 4 Interpretation of terms Article 5 State guarantees2 for enterprises and owners of enterprises Article 6 Political organizations and socio-political organizations in enterprises Article 7 Lines of business and business conditions Article 8 Rights of enterprises Article
Premium Corporation Limited liability company
To: JetBlue Management Team From: Subj: JetBlue IPO Price Recommendation Date: April 11‚ 2002 Introduction JetBlue is a company that was founded on not accepting the status quo with regard to how airline travel is “supposed to be”. Recent history shows that low-fare airlines are gaining momentum‚ and JetBlue’s business model sets us apart- our fleet is newer‚ more reliable and efficient. We offer the lowest cost per available seat mile than any other U.S. airline‚ and we do it while maintaining
Premium Free cash flow Discounted cash flow Public company
Enterprise rent-a-car I. Background information a. About ERAC A private car rental business with a fleet more than 850 000 vehicles‚ founded in 1957 Based in St Louis‚ Missouri‚ serving US‚ Canada‚ Germany‚ Ireland and Puerto Rico and UK Largest car rental company in North America Highest customer satisfaction for rental car and rental car in airport 95% of customer say they are satisfy with the service Largest purchaser of car in the world b. Marketing mix Customers: ERAC serves these
Premium Strategic management Balanced scorecard Car rental
requisite capability to discriminate between good and bad risks. The consequence is tightening of Y. Srinivas (The author is Manager‚ Compliance Group at ICICI Bank. He can be reached at srinivas. yanamandra@icicibank. com) Small and Medium Enterprises (SMEs) play a very significant role in the economy in terms of balanced and sustainable growth‚ employment generation‚ development of entrepreneurial skills and contribution to export earnings. However‚ despite their importance to the economy‚ most
Premium Credit Debt Bank
research agenda for social entrepreneurship Dr. Helen Haugh Viable social enterprise - an evaluation of business support to social enterprises Frances Hines Raising the profile of social enterprises: the use of social return on investment (SROI) and investment ready tools (IRT) to bridge the financial credibility gap Andrew Flockhart Shaping the Balanced Scorecard for use in UK social enterprises Ali B. Somers Social enterprise: through the eyes of the consumer (prepared for the National Consumer Council)
Premium Social enterprise Entrepreneurship Social economy