Cyclical or stable earnings, Marketing Management

When founded, when listed
• Major lines of business
• Market share
• Ranking within industry (e.g., largest of four companies...)
• Exports
• Major institutional owners (if any), part of a group?
• Number of employees/shareholders
• Known as a major blue chip?

B. Major Factors

1. Valuation
• How do P/E, dividend yield, P/sales, and P/BV compare with the market and industry?
• Is P/E, etc., attractive in view of growth prospects?
• Do stock prices reflect changes in the company? Historical stock prices.

2. Earnings Growth and Potential
• Cyclical or stable earnings?
• Do market conditions/economy favor growth?
• Is earnings growth accelerating? Why? Temporary or sustainable?
• Sales growth or margin expansion? Why? Sustainable?
• Is company expanding? Are capital expenditures adequate?
• Does company invest in R & D?

3. Financial Condition
• Healthy/stable operating margin, ROE, ROA?
• Acceptable debt/equity, current ratio, interest coverage? Improving or deteriorating?
• Adequate asset turnover?
• Can capital expenditures be financed adequately?

4. Market/International competitiveness
• Is market changing? Growing? Defining?
• What factors make the company/country internationally competitive (labor costs, technology, raw materials, energy, "piggy back" on well-developed industry?
• Who are its world-class competitors in the same country? Abroad? What countries?

5. Management
• Does management have a clear strategic vision? Does vision make sense?
• Is the founder still the manager? How much is the family involved?
• Is there a level of professional managers? What is their reputation?

6. Cost Structure
• Are prices of raw materials likely to fall/increase?
• Major changes in productivity?
• Does a planned expansion offer economies of scale? Or does financing raise interest costs too much in comparison with world-class competitors?

Posted Date: 4/1/2013 3:55:53 AM | Location : United States







Related Discussions:- Cyclical or stable earnings, Assignment Help, Ask Question on Cyclical or stable earnings, Get Answer, Expert's Help, Cyclical or stable earnings Discussions

Write discussion on Cyclical or stable earnings
Your posts are moderated
Related Questions
In May 2004 Government banned Tobacco advertisements on television. Tobacco-advertisements comprise ads related to Cigarettes, Zarda, Gutka. This ban comprise brand-extension-bans.

Explain about the product levels in briefly. Product levels in marketing are specified in below: a. First and more basic level is core benefit implies basic services custo

What is consumer satisfaction about the marketing? Consumer satisfaction: Today’s customers face a growing range of choices in the products and services they can buy. The


What is the holistic marketing concept? The Holistic Marketing Concept: An entire set of forces which appeared in the final decade call for new business and marketing practic

To equip future accountants with the knowledge of integrating the information system of an organization.   Outcome: At the completion of the assignment, students should be able

considering the concept of product life cycle, where would you put video games in their life cycle?

What is Product Strategies? Product Strategies: The product is one of the most significant elements of a marketing program. A company is generally called by the products


Describe the functions of channel of distributions Principally a channel of distribution performs the below functions: (a) It helps in establishing a regular contact with cu