Hand Outs of Ten values to creat Shareholder Value Maximization

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OUTLINE OF SEMINAR 1. Basic introduction of Return 2. Factors effecting Return 3. Factors effecting market prices of stock  Factors effecting demand & supply of stock and managerial interests like EPS, Earning expectation etc……. 4. Intrinsic value or fundamental value of equity by Alfred Rappaport method 5. Factors on which intrinsic value depends:  Sales growth  Operating profit margin  Cash tax rate  Incremental investment in capital expenditure  Investment in working capital  Time peri
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Cefh ejux`z`q`im qleq ce|`c`h h|{hjqha redxh$ hrhm eq h|{hmzh ib diwh~`mg mhe~#qh~c he~m`mgz ã Ejux`z`q`imz e~h ceoi~ zqh{ qi j~heqh i~ ahzq~ip redxh ib jic{emp$ ejux`z`q`imahj`z`im zlixda miq nh nezha im `ccha`eqh H[Z hbbhjq nxq `q cxzq nh nezha im {~hzhmq redxh ib `mj~hchmqed h|{hjqha jezl bdiwz b~ic ejux`z`q`im$ `b qlh~h `z l`gl~`zf ib ghmh~eq`mg zpmh~gp qlhm a`dxq`im ib iwmh~zl`{ cxzq nh jimz`ah~ha- [~`mj`{dh 1? 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[~ir`ah `mrhzqi~ w`ql redxh ~hdhremq `mbi~ceq`im- ã Qlh b`med {~`mj`{dh `z enixq jiccxm`jeq`im w`ql zqejf lidah~z- Nhqqh~ a`zjdizx~hz {i~q~ep e jdhe~ ema q~xzqbxd {`jqx~h qi qlh zqejf lidah~z- ã @q lhd{z qi ~haxjh {iqhmq`ed jizq ib je{`qed np ~haxj`mg xmjh~qe`mqp `m `mrhzqi~zc`ma ema {iqhmq`eddp `mj~hezh zle~h {~`jh- ã Ji~{i~eqh {h~bi~cemjh zqeqhchmq `z imh wep qi jiccxm`jeqh pix~ q~xh `cegh qiqlh zle~hlidah~z ema `m ji~{i~eqh wi~da- ã Ji~{i~eqh {h~bi~cemjh Zqeqhchmq? ã Zh{e~eqh ixq jezl bdiwz ema ejj~xedz {~ir`a`mg e l`zqi~`jed nezhd`mh bi~ hzq`ceq`mg e jic{emp'z jezl bdiw- ã Jdezz`b`hz ejj~xed w`ql dimg jezl jimrh~z`im jpjdh `mqi cha`xc ema l`gldhrhdz ib xmjh~qe`mqp-
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