Discounted cash flow

Overview History/Growth This case concerns the John M. Case Company, which at one time was the leading producer of business calendars in the United States. The company was founded by the grandfather of John M. Case in 1920 and was inherited in 1951. The company had experienced profitable operations every year since 1932, and held approximately a 60-65% market share by 1984. Sales had been increasing annually at about a 7% compound rate, and the return on average invested capital was about

Seydina M. Fall E-Business Ethics A corporation must try to avoid egregious negative externalities, must actively promote corporate social responsibility (CSR), and must engage in philanthropy. Let’s take the example of the mining industry, in which 75% of mining companies (diamonds, copper, uranium, cobalt, etc.) are listed on the Toronto Stock Exchange1. For Canada, mining is a source of economic prosperity that brings along with it some risks. To maintain their competitive advantage, it is crucial

Forthcoming Journal of Applied Finance, Financial Management Association The Exxon-Mobil Merger: An Archetype J. Fred Weston* The Anderson School at UCLA University of California, Los Angeles jweston@anderson.ucla.edu February 26, 2002 Fred Weston is Professor of Finance Emeritus Recalled, the Anderson School at the University of California Los Angeles. Thanks to Matthias Kahl, Samuel C. Weaver, Juan Siu, Brian Johnson, and Kelley Coleman for contributions. The paper also benefited from

within the range for a BBB “investment grade” debt rating. The combined entities, Torrington-Timken, would produce an interest coverage ratio of 3.2, and a debt ratio of 45%, again within the range for a BBB “debt rating. The purchase would likely be a cash transaction. History Founded by carriage-maker Henry Timken in 1899 in St. Louis, Missouri, the Timken Company was

EXECUTIVE SUMMARY The aim of this report is to value the equity of Genworth Mortgage Insurance Australia (GMA). With the lenders mortgage insurance industry being largely affected by macro-economic factors like population growth, interest and cash rates, unemployment, we have explored the influence of these factors on GMA in the past, and the influence they may have on the growth of the company in the future. Loss of Westpac as a client and with APRA aiming at stability of the Australian financial

commezrcial banking branches and capabilities to more places in the United States 6) Adding wholesale branches overseas and carefully expanding into new countries 7) Adding wholesale and Private Bank clients as they grow into our target space II. Discounted cash flow valuation & Appropriate stock price (One year base) Some key assumptions: 1. Decreased number of companies going public resulted in a 5% decrease of income from investment banking fee, as there’s been less and less companies wanting to

Yeats Valves and Controls Inc. Case Study Case Studies in Finance Class: Case Discussion in Finance Submission Date: 23.12.2012 Case Discussion in Finance – Yeats Valves and Controls Inc. Table of contents 1 2 3 3.1 Issue Statement Is there a strategic fit between Yeats and TSE? Data Analysis Calculation of the WACC 4 5 6 6 3.1.1 Return on equity ............................................................................................................................ 7 3.1.2 Return

12/9/2012 Chapter 9 The Time Value of Money 1 Chapter 9- Learning Objectives  Identify various types of cash flow patterns (streams) that are observed in business.  Compute (a) the future values and (b) the present values of different cash flow streams, and explain the results.  Compute (a) the return (interest rate) on an investment (loan) and (b) how long it takes to reach a financial goal.  Explain the difference between the Annual Percentage Rate (APR) and the Effective Annual Rate

FIN 465, Fall 2010-11 PROJECT # 3, FLINDER VALVES AND CONTROLS CASE STUDY In this project, you will estimate the value of a target company in an acquisition and propose a range of exchange ratios acceptable for the target and the acquirer. Please find the full assignment below. You can use only Excel for all calculations. You can use Word for a write-up. There is no limit on the length of the write-up, but I ask you to be concise. Please annotate your Excel calculations so

Introduction: Apex Investment Partners was founded in 1987 by James A. Johnson and the First Analysis Corporation. In its eight-year life, the VC had raised three funds. The two first which are already closed had, together, a committed capital of around $70M. There were mainly concentrated in four areas: • • • • Telecommunication, information technology and software. Environmental and industrial productivity-related technologies. Consumer products and specialty retail. Health-care and related technologies