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Sporeguy Elite	01-Oct-2008 15:31        Sporeguy About Contact  Quote this Post!
x 0   x 0  Alert Admin	lg_6273 Elite Posted: 04-Apr-2007 18:35       Contact lg_6273          *  Quote this Post! x 0 x 0 * Alert Admin Online Calculators : Stock Price - Return & Intrinsic Value Based on Earnings http://www.zroundtable.com/ZRT_files/Finance/scripts/calc_stock_earnings.htm I was trying to use the Online calculators that lg 6273 posted just to expt on IndoAgri. I entered the price as $0.79, EPS as $0.09 (671 Rp), 5% growth in earning for 1-3 yrs, 4-6 yrs and 7-10 yrs. I used a very conservative 5% bcos the EPS was 536 Rp in 2005, 648 Rp in 2006 and 671 Rp in 2007 (25% more than 2005, i.e 12.5% per yr). It computed as 8% growth per yr for the next 10 yrs, and be worth $2 in 10 yrs and its current intrinsic value is $2.32. It comment that "This looks like a reasonable investment. Compare the stock price to its intrinsic value". Any comment ?
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Sporeguy Elite	03-Sep-2008 14:36        Sporeguy About Contact  Quote this Post!
x 0   x 0  Alert Admin	Completed the 3 Indonesian Palm oil Stocks. Any expert care to do a fundamental analysis from their data. INCOME STATEMENT  FirstRes GoldenAgri IndoAgri (RP Billion) (US$'000) (RP Billion) Revenue/Net Sales 1691.4 1873352 6505.6 Gross Profit 925.1 658348 1964.2 Gains from changes Bio Assets 156.5     Profit from operations/Operating Incomes 959.3 1757968 1579.3 EBITDA 855.7     Profit before tax 890.7 1802945   Net Profit Attributed to equity holders 431.3 1164792 994.0 EPS in Rupiah 404 (6.22 c) 24.41UScts 671(10.32) Balance Sheet Current Assets 1813.6 763817 3880.1 Total Assets 6249.7 5012814 18811.6 Current Liabilities 441.8 517790 5871.5 Total Liabilities 2943.0 1113814 8990.5 Shareholders' Equity/Total Equity 3306.6 3302566 9821.1 Net Working Capital     -1991.4 Key Ratios Sales Growth(%)   65.8% 59.1% Gross Profit Margin(%) 54.7% 35.1% 30.2% Operating Profit Margin (%) 56.7% 93.8% 24.6% EBITDA Margin (%) 50.6%     Net Margin/Net Profit Margin (%) 25.5% 62.2% 15.3% Gearing Ratio* 0.48     Return on Asset(%)^   23.20% 8.4% Return on Equity(%)#   35.30% 12.4% Debt to Equity Ratio   0.15 0.75 Debt to Assets Ratio     0.28 Current ratio   1.48 0.7 * Net Debt/EBITDA ^ Profit from Operation/Total Assets #EBITDA/Total Equity
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Sporeguy Elite	03-Sep-2008 10:34        Sporeguy About Contact  Quote this Post!
x 0   x 0  Alert Admin	See below to what I meant is the confusing way that AR by different companies using different terms and different indicators. INCOME STATEMENT (RP Billion) FirstRes IndoAgri Revenue/Net Sales 1691.4 6505.6 Gross Profit 925.1 1964.2 Gains from changes Bio Assets 156.5   Profit from operations/Operating Incomes 959.3 1579.3 EBITDA 855.7   Profit before tax 890.7   Net Profit Attributed to equity holders 431.3 994.0 EPS in Rupiah   671 Balance Sheet (Rp Billion) Current Assets 1813.6 3880.1 Total Assets 6249.7 18811.6 Current Liabilities 441.8 5871.5 Total Liabilities 2943.0 8990.5 Shareholders' Equity/Total Equity 3306.6 9821.1 Net Working Capital   -1991.4 Key Ratios Sales Growth(%)   59.1% Gross Profit Margin(%) 54.7% 30.2% Operating Profit Margin (%) 56.7% 24.6% EBITDA Margin (%) 50.6%   Net Margin/Net Profit Margin (%) 25.5% 15.3% Gearing Ratio* 0.48   Return on Asset(%)^   8.4% Return on Equity(%)#   12.4% Debt to Equity Ratio   0.75 Debt to Assets Ratio   0.28 * Net Debt/EBITDA ^ Profit from Operation/Total Assets #EBITDA/Total Equity
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Sporeguy Elite	03-Sep-2008 01:21        Sporeguy About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thank you Stupidbear for reminding of the website. I was reading on dividend and came across high dividend yield and dividend payout ratio. Those interested, may read this link http://www.investopedia.com/articles/basics/04/072304.asp
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Sporeguy Elite	03-Sep-2008 01:09        Sporeguy About Contact  Quote this Post!
x 0   x 0  Alert Admin	I was trying to figure out how the earning has a bearing on dividend, thus what type dividend policy that a company follows. For those interested, read here http://www.investopedia.com/articles/03/011703.asp
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Sporeguy Elite	02-Sep-2008 19:13        Sporeguy About Contact  Quote this Post!
x 0   x 0  Alert Admin	The earning per share is 404 Rp. The price is 55.5c= 3607.5 (using S$1=6500Rp) Thus PE = 3607.5/404 = 8.9 Generally the PE we get from SJ and many other sources are not up to date. So it will be good to keep track in this forum or on yr own.
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Stupidbear Senior	02-Sep-2008 16:36        Stupidbear About Contact  Quote this Post!
x 1   x 0  Alert Admin	www.investopedia.com
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Sporeguy Elite	02-Sep-2008 15:23        Sporeguy About Contact  Quote this Post!
x 0   x 0  Alert Admin	Reading Annual Report to grasp the fundamental is truly a nightmare bcos the companies do not use one std way. Which are the simplest 5 or 6 indicators that one has to keep track ? PE, NAV, Gearing Ratio, etc ? Let us start with FirstRes Financial Highlights for year 2007. INCOME STATEMENT (RP Billion) Revenue 1691.4 Gross Profit 925.1 Gains from changes Bio Assets 156.5 Profit from operations 959.3 EBITDA 855.7 Profit before tax 890.7 Net Profit Attributed to equity holders 431.3 Balance Sheet (Rp Billion) Current Assets 1813.6 Total Assets 6249.7 Current Liabilities 441.8 Total Liabilities 2943.0 Shareholders' Equity 3306.6 Key Ratios Gross Profit Margin(%) 54.7 Operating Profit Margin (%) 56.7 EBITDA Margin (%) 50.6 Net Margin (%) 25.5 Gearing Ratio 0.48 How do we calculate the PE, NAV, etc ? Thanks to everyone who is kind to explain. Hope to make this Topic informative for everyone by using a std way to study FA.
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