based on price-earnings multiple
Valuation based on the ratio of
market price to book value of Equity
As you see the table, we can suggest to buy the DSME’s stock because the table shows us this stock is undervalued. But we, the investors have to recognize the limitations of multiple-valuations. If the benchmarks are changed, we can decide in another way from sensitivity analysis.
based on the number of shares outstanding. It is required to be seen in "income statement". It is also probably the single most widely watched ratio. If it shows high ratio, the value to invest this company is increasing.
Change rate 2005-2006 2006-2007
Royal Dutch Shell 4.75% 25.94%
Chevron 19.15% 12.63%
Hyun-Dai 296.3% 27.6%
GS Caltex -7.09% 0.5%
Exxon mobil 15.97% 10.18%
BP 3.88% -0.98
Hyundai Heavy Industry is the world’s comprehensive and broadly based manufacturer of vessels and with its own skills and capital accumulated during manufacturing vessels, Hyundai Heavy Industry started to produce, electric electronic system, and construction equipment.
Hyundai Heavy Industry has approximately 36 branch offices in about 40 countries and employs 25,000 men and women and sell t
liquid = added mass of liquid
M = damping coefficient
C = mcantilever + mliquid
ζ = damping ratio
Caffeine↑⇒ Mass on the surface↑⇒ Oscillation frequency↓
⇒ frequency shift↑
MIP Coated crystal is very sensitive to the concentration of caffeine and
shows Very good linearity relationship
Effect of pH on the sensor response is optimum at pH 8 ⇒ Buffer solution
Industry’s Characteristics
We analyzed the industry based on three key factors: customers, structures, competitors.
1. Customers
Basically, it is very easy for the customers to choose which transportation service to use; there are a great number of substitutes. Consequently, due to this low switching cost, airline companies should make an effort to differentiate themselves by incr
than the KRW 7.04 trillion in 2007.
Question C. Evaluate the liquidity
1) current ratio
The current ratio is a financial ratio that measures whether or not a firm has enough resources to pay its debts over the next 12 months. The resources must belong to current assets. We can evaluate the higher current ratio companies have the stronger ability to repay back the debts they have.
Present and Future State of the U.S. Auto Industry
Causes of Suffering
The U.S. economy is coping with the worst economic downturn, and worst credit market conditions, since the Great Depression. Consumers have had to contend with illiquid credit markets, rising unemployment, declining incomes and home values, and volatile fuel prices. As a direct result, the entire auto industry has suffer
51. Celler-Kefauver Antimerger Act : This act, passed in 1950, made it illegal in certain circumstances for a firm to merge with another by purchasing its assets. This strengthened the Clayton Act.
셀러-케파버 반합병법 : 1950년에 통과된 법령으로 특정한 상황에서 한 기업이 다른 기업의 자산을 구매하여 합병 하는 것을 불법으로 만들었다. 이것은
a. Principal activities of Shinsegae
Shinsegae is a company that performs distribution, mainly. Distribution is an activity that the goods are exchanged and distributed in many stage from a manufacturer to a consumer. That is, distribution companies take a role as a broker which is buying the goods from manufacturer in the cheapest price and supplying to a consumer who uses them.
Shinsegae is