[재무관리] The Beta for Hewlett-Packard Company

the business. ContentsⅠ. Introduction Ⅱ. Companies profile Ⅲ. Financial informationⅣ. Stock Information Ⅴ. Beta & Abnormal ReturnsⅥ. ConclusionReferenceLog BookⅠ. Introduction 1. Present status- The business circles of fiber industry As the first half of year 2010, appears that the economy of South Korea has been recovered quickly, so the growth rate of latter half year will be more possible to become slow down. To compare, we recorded that the growth rate of 2010 first half year got 7.6%more than the same period from last year. And for the latter half year, of the

for short term borrowing 6.700%Interest for 10 mil long term borrowing 6.700%Interest for 8.2 mil long term borrowing 5.750%1998 1999 2000 2001Assets growth rate(%) 8.000% 13.500% 29.300% 14.200%2002E 2003ESales 121,948 140,241Operationg expenses:Production costs and expenses 62,901 73,991Admin. And selling expenses 27,804 31,974Depreciation 13,064 15,024Total Operating expenses 103,769 120,989Operation profit 18,180 19,252Interest expense 10,850 11,723Earings before taxes 7,330 7,529Income taxes* 1,796 1,845Net earings 5,534 5,684Divdends to all common shares 0 0Retentions

for 3 companiesShare Price for 3 companiesInvestment본 연구에서 최근 3개월간의 대한항공, 아시아나항공, 항공공사의 3사의, Abnormal Return을 비교한 결과, 대한항공 -26.47764%, 아시아나항공-20.43489%, 한국공항 -33.26073%로, 한국공항의 주식이 가장 저평가 되어 있는 것으로 나타났다. 앞서 밝힌 바와 같이, 항공사를 포함한 여행주의 주가는 유가와 환율의 영향을 크게 받는다. 최근 재무상태의 불안이 이들 회사에 대한 투자를 망설이게 할지도 모른다. 또한 현재 시장

Stock Market Report: 주류식품 산업❒MUHAK❒1. Executive Summary(1) (주)무학 (http://www.muhak.co.kr/)Company Synopsis- Company Name : Muhak Corporation- Company Philosophy : In the industry of F&B(Food&Beverage) and cultivating for the future industry, and giving all customers creativity and abundance in the matter of F&B- Business Policy of 2009 : Responsible management of business units (business unit responsible for rights and enhance the competitiveness of securing new business, business unit established in professional education), innovation-led culture (ability to e

Beta & Abnormal returnsDong-AYuhanHanmiBeta0.0740.0910.111Average of abnormal returns(%)0.25010.0627-0.0343Conclusion기대수익률요구수익률채택여부동아0.118>0.045+0.138*0.074=0.0548채택유한0.09>0.045+0.138*0.091=0.0571채택한미0.07>0.045+0.138*0.111=0.06채택ConclusionDong-A -significant differences in expected earnings and abnormal returns-decide whether invest or not according to internal informationConclusionYuhan-low rate of debt and the company cash flow is the best among the three companies-hit a low profit margin because of th