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Library | Item Barcode | Call Number | Material Type | Item Category 1 | Status |
---|---|---|---|---|---|
Searching... | 30000010070018 | HF5681.R25 T45 2004 | Open Access Book | Advance Management | Searching... |
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Summary
Summary
A quick and accurate way to calculate key investment ratios
Written by a leading finance expert, this book offers readers simple explanations on how to calculate and interpret key financial ratios-information that is essential for the accurate assessment of a company's financial condition and the true value of its shares. This comprehensive resource is packed with numerous examples from actual company reports and features a supporting Web site at www.magicnumbersbook.com. Readers will also find many online reference sources, including company Web sites and free software offers.
Peter Temple is a graduate in economics and statistics from the University of Wales, and is a Fellow of the UK Securities Institute. After an 18-year career as an investment analyst in fund management and investment banking, Temple turned to full-time writing in 1988 as a freelance financial journalist and author.
Author Notes
Peter Temple has spent 33 years working in or writing about financial markets. After an 18-year career in fund management and stockbroking, he became a full-time writer in 1988. He has written more than a dozen books about finance and investing, mainly aimed at private investors. His articles appear widely in the financial press. He and his wife live in part of a converted water mill in the English Lake District.
Table of Contents
Foreword |
Introduction |
Part 1 Valuation "Magic Numbers". |
1 Price to Sales Ratio |
2 Price to Book Value |
3 Enterprise Value to Sales |
4 EV/EBITDA |
5 Peg Factor |
6 Price to Research Ratio |
7 Reinvested Return on Equity |
Part 2 Income Statement "Magic Numbers". |
8 Sales, Earnings, and Equity Per Share |
9 Sales, Earnings, and Equity-per-share Ratios |
10 Staff Costs as a Percentage of Sales |
11 Directors? Remuneration as a Percentage of Net Income |
12 Sales and Profit Per Employee |
13 "Pro-Forma" Earnings |
14 Margins |
Part 3 Cash Flow Statement "Magic Numbers" |
15 Operating Cash Flow/Operating Profit |
16 Price to Free-cash-flow Ratio |
17 Free Cash Flow (FCF) to Sales |
18 Return on Invested Capital |
19 Discounted Cash Flow |
Part 4 Balance Sheet "Magic Numbers" . |
20 Current Ratio and "Acid Test" |
21 Debtors Days and Creditor Days |
22 Stock Days and Stockturn |
23 Gearing |
24 Return on Capital Employed |
25a Z-Score Components |
25b The Z-Score |
Appendix: Finding the Information |
Index. |