Anda di halaman 1dari 63

Mail me: farhan.fardaus@gmail.com

Skype ID: farhan.fardaus

Call me: +8801715061774

Farhan Fardaus

Yahoo ID: farhan.fardaus

Search Farhan Fardaus with www.google.com

Financial Analysis (comparison) Report On Heideleburg, Aramit And Meghna Cament from 2002-2006.

Demo

Heideleburg, Aramit And Meghna Cament from 2002-2006. Demo Doing analysis is a fun. Think mathematically feel

Doing analysis is a fun.

Think mathematically feel graphically.

Illustration:

By my younger sister For me.

EXCEL you can do most of them with it.

Mathematics is useful if you can interpret it.

Mail me: farhan.fardaus@gmail.com

Skype ID: farhan.fardaus

Call me: +8801715061774

Farhan Fardaus

Yahoo ID: farhan.fardaus

Search Farhan Fardaus with www.google.com

Objective:

The objective of this project was to analyze the financial and qualitative position of Heidelberg, Aramit and Meghna Cement. So far used:

“Financial Ratios” “Common size Statements” “Qualitative Analysis”.

Tools used:

1. Liquidity Analysis

a) Current Ratio

b) Quick Ratio

2. Asset management ratio

a)Inv. Turnover

b)DSO

c)FATO

d)TATO

3. Debt Management Ratio

a) Debt Ratio

b) TIE

4.Profitability Ratio

a)PM

b)BEP

c)ROA

d)ROE

5. Market Value Ratios

a)EPS

b)P/E

c)BVPS

d)M/B

Equity Multiplier Du Pont system

6. Common size Balance sheet.

7. Common size income statement.

8. Percentage change analysis balance sheet.

9. Percentage change analysis income statement.

Doing analysis is a fun.

Mathematics is useful if you can interpret it.

Think mathematically feel graphically.

EXCEL you can do most of them with it.

Mail me: farhan.fardaus@gmail.com

Skype ID: farhan.fardaus

Call me: +8801715061774

Parameters Variables:

Farhan Fardaus

1. Weights used for Yearly industry average.

Yahoo ID: farhan.fardaus

Search Farhan Fardaus with www.google.com

Heidelberg Cement

0.359

0.586

0.594

0.590

0.593

Aramit cement

0.089

0.057

0.053

0.058

0.067

Meghna Cement Mills

0.552

0.357

0.353

0.352

0.341

Found by adding the total asset of three companies and divide the companies’ asset by the value of each year.

2. Weights used for Company over all average:

Heidelberg Cement 0.094 0.224 0.219 0.236 0.226

Aramit cement

0.204 0.191 0.173 0.206 0.225

Meghna Cement Mills 0.212 0.200 0.191 0.207 0.191

Found by adding companies five years total asset and divide the companies yearly asset by the value for each year.

3. Weights used for industry over all average:

Yearly Weight among five years:

0.15 0.21 0.21 0.22 0.21

Found by adding industries five years total asset and divide the industries yearly asset by the value for each year.

4. Grade points:

Comment

GP

Poor

1

Low

2

Ok

3

Good

4

Very good

5

Doing analysis is a fun.

Think mathematically feel graphically.

EXCEL you can do most of them with it.

Mathematics is useful if you can interpret it.

Mail me: farhan.fardaus@gmail.com

Skype ID: farhan.fardaus

Call me: +8801715061774

5. Weight used for ranking:

Farhan Fardaus

Yahoo ID: farhan.fardaus

Search Farhan Fardaus with www.google.com

1.

Liquidity Analysis

Weight within group

Weight within overall

a) Current Ratio

0.4

0.2

b) Quick Ratio

0.6

2.

Asset management ratio

   

a)Inv. Turnover

0.15

 

b)DSO

0.1

0.275

c)FATO

0.4

d)TATO

0.35

3.

Debt Management Ratio

   

a) Debt Ratio

0.65

0.2

b) TIE

0.35

4.Profitability Ratio

   

a)PM

0.2

 

b)BEP

0.1

0.275

c)ROA

0.3

d)ROE

0.4

5.

Market Value Ratios

   

d)M/B

1

0.05

Doing analysis is a fun.

Think mathematically feel graphically.

EXCEL you can do most of them with it.

Mathematics is useful if you can interpret it.

Mail me: farhan.fardaus@gmail.com

Skype ID: farhan.fardaus

Call me: +8801715061774

Farhan Fardaus

Yahoo ID: farhan.fardaus

Search Farhan Fardaus with www.google.com

Ratio analysis:

Doing analysis is a fun.

Think mathematically feel graphically.

EXCEL you can do most of them with it.

Mathematics is useful if you can interpret it.

Mail me: farhan.fardaus@gmail.com

Skype ID: farhan.fardaus

Call me: +8801715061774

Farhan Fardaus

Yahoo ID: farhan.fardaus

Search Farhan Fardaus with www.google.com

1. Liquidity Analysis

A) Current ratios:

Current ratios Trend: 2.50 2.00 1.50 Heidelberg Cement Aramit cement 1.00 Meghna Cement Mills IndIndustry
Current ratios Trend:
2.50
2.00
1.50
Heidelberg Cement
Aramit cement
1.00
Meghna Cement Mills
IndIndustry average
0.50
0.00
2002
2003
2004
2005
2006
Current ratios average: 1.00 0.85 0.78 0.44 Heidelberg Cement Aramit cement Meghna Cement IndIndustry average
Current ratios average:
1.00
0.85
0.78
0.44
Heidelberg Cement Aramit cement
Meghna Cement
IndIndustry average
Mills

Doing analysis is a fun.

Think mathematically feel graphically.

EXCEL you can do most of them with it.

Mathematics is useful if you can interpret it.

Mail me: farhan.fardaus@gmail.com

Skype ID: farhan.fardaus

Call me: +8801715061774

B) Quick ratios:

Farhan Fardaus

Yahoo ID: farhan.fardaus

Search Farhan Fardaus with www.google.com

Quick ratios trend: 1.60 1.40 1.20 1.00 Heidelberg Cement 0.80 Aramit cement 0.60 Meghna Cement
Quick ratios trend:
1.60
1.40
1.20
1.00
Heidelberg Cement
0.80
Aramit cement
0.60
Meghna Cement Mills
IndIndustry average
0.40
0.20
0.00
2002
2003
2004
2005
2006
Quick ratios average: 0.44 0.40 0.35 0.27 Heidelberg Cement Aramit cement Meghna Cement IndIndustry average
Quick ratios average:
0.44
0.40
0.35
0.27
Heidelberg Cement Aramit cement
Meghna Cement
IndIndustry average
Mills

Doing analysis is a fun.

Think mathematically feel graphically.

EXCEL you can do most of them with it.

Mathematics is useful if you can interpret it.

Mail me: farhan.fardaus@gmail.com

Skype ID: farhan.fardaus

Call me: +8801715061774

Farhan Fardaus

Yahoo ID: farhan.fardaus

Search Farhan Fardaus with www.google.com

2. Asset management ratio

A) Inv. Turnover

Inv. Turnover Trend 12.00 10.00 8.00 Heidelberg Cement 6.00 Aramit cement Meghna Cement Mills 4.00
Inv. Turnover Trend
12.00
10.00
8.00
Heidelberg Cement
6.00
Aramit cement
Meghna Cement Mills
4.00
IndIndustry average
2.00
0.00
2002
2003
2004
2005
2006
Inv. Turnover average 8.81 6.26 5.49 3.81 Heidelberg Cement Aramit cement Meghna Cement IndIndustry average
Inv. Turnover average
8.81
6.26
5.49
3.81
Heidelberg Cement Aramit cement
Meghna Cement
IndIndustry average
Mills

Doing analysis is a fun.

Think mathematically feel graphically.

EXCEL you can do most of them with it.

Mathematics is useful if you can interpret it.

Mail me: farhan.fardaus@gmail.com

Skype ID: farhan.fardaus

Call me: +8801715061774

B) DSO

Farhan Fardaus

Yahoo ID: farhan.fardaus

Search Farhan Fardaus with www.google.com

DSO Trend 60 50 40 Heidelberg Cement 30 Aramit cement Meghna Cement Mills 20 IndIndustry
DSO Trend
60
50
40
Heidelberg Cement
30
Aramit cement
Meghna Cement Mills
20
IndIndustry average
10
0
2002
2003
2004
2005
2006
DSO average 43.09 38.14 33.63 31.63 Heidelberg Cement Aramit cement Meghna Cement IndIndustry average Mills
DSO average
43.09
38.14
33.63
31.63
Heidelberg Cement Aramit cement
Meghna Cement
IndIndustry average
Mills

Doing analysis is a fun.

Think mathematically feel graphically.

EXCEL you can do most of them with it.

Mathematics is useful if you can interpret it.

Mail me: farhan.fardaus@gmail.com

Skype ID: farhan.fardaus

Call me: +8801715061774

C) FATO

Farhan Fardaus

Yahoo ID: farhan.fardaus

Search Farhan Fardaus with www.google.com

FATO Trend 3.0 2.5 2.0 Heidelberg Cement 1.5 Aramit cement Meghna Cement Mills 1.0 IndIndustry
FATO Trend
3.0
2.5
2.0
Heidelberg Cement
1.5
Aramit cement
Meghna Cement Mills
1.0
IndIndustry average
0.5
0.0
2002
2003
2004
2005
2006
FATO average 1.9 1.5 1.3 1.2 Heidelberg Cement Aramit cement Meghna Cement IndIndustry average Mills
FATO average
1.9
1.5
1.3
1.2
Heidelberg Cement Aramit cement
Meghna Cement
IndIndustry average
Mills

Doing analysis is a fun.

Think mathematically feel graphically.

EXCEL you can do most of them with it.

Mathematics is useful if you can interpret it.

Mail me: farhan.fardaus@gmail.com

Skype ID: farhan.fardaus

Call me: +8801715061774

D) TATO

Farhan Fardaus

Yahoo ID: farhan.fardaus

Search Farhan Fardaus with www.google.com

TATO Trend 1.6 1.4 1.2 1.0 Heidelberg Cement 0.8 Aramit cement 0.6 Meghna Cement Mills
TATO Trend
1.6
1.4
1.2
1.0
Heidelberg Cement
0.8
Aramit cement
0.6
Meghna Cement Mills
IndIndustry average
0.4
0.2
0.0
2002
2003
2004
2005
2006
TATO average 1.0 0.9 0.9 0.9 Heidelberg Cement Aramit cement Meghna Cement IndIndustry average Mills
TATO average
1.0
0.9
0.9
0.9
Heidelberg Cement Aramit cement
Meghna Cement
IndIndustry average
Mills

Doing analysis is a fun.

Think mathematically feel graphically.

EXCEL you can do most of them with it.

Mathematics is useful if you can interpret it.

Mail me: farhan.fardaus@gmail.com

Skype ID: farhan.fardaus

Call me: +8801715061774

Farhan Fardaus

Yahoo ID: farhan.fardaus

Search Farhan Fardaus with www.google.com

3. Debt Management Ratio

a) Debt Ratio Trend average

Debt Ratio Trend 1.2 1 0.8 Heidelberg Cement 0.6 Aramit cement Meghna Cement Mills 0.4
Debt Ratio Trend
1.2
1
0.8
Heidelberg Cement
0.6
Aramit cement
Meghna Cement Mills
0.4
IndIndustry average
0.2
0
2002
2003
2004
2005
2006
Debt Ratio average 0.86 0.74 0.63 0.52 Heidelberg Cement Aramit cement Meghna Cement IndIndustry average
Debt Ratio average
0.86
0.74
0.63
0.52
Heidelberg Cement Aramit cement
Meghna Cement
IndIndustry average
Mills

Doing analysis is a fun.

Think mathematically feel graphically.

EXCEL you can do most of them with it.

Mathematics is useful if you can interpret it.

Mail me: farhan.fardaus@gmail.com

Skype ID: farhan.fardaus

Call me: +8801715061774

b) TIE

Farhan Fardaus

Yahoo ID: farhan.fardaus

Search Farhan Fardaus with www.google.com

TIE Trend 7 6 5 Heidelberg Cement 4 Aramit cement 3 Meghna Cement Mills 2
TIE Trend
7
6
5
Heidelberg Cement
4
Aramit cement
3
Meghna Cement Mills
2
IndIndustry average
1
0
2002
2003
2004
2005
2006
TIE average 2.56 2.12 1.97 1.50 Heidelberg Cement Aramit cement Meghna Cement IndIndustry average Mills
TIE average
2.56
2.12
1.97
1.50
Heidelberg Cement Aramit cement
Meghna Cement
IndIndustry average
Mills

Doing analysis is a fun.

Think mathematically feel graphically.

EXCEL you can do most of them with it.

Mathematics is useful if you can interpret it.

Mail me: farhan.fardaus@gmail.com

Skype ID: farhan.fardaus

Call me: +8801715061774

Farhan Fardaus

Yahoo ID: farhan.fardaus

Search Farhan Fardaus with www.google.com

4. Profitability Ratio

A) PM

PM Trend 0.200 0.100 0.000 Heidelberg Cement 2002 2003 2004 2005 2006 Aramit cement ‐0.100
PM Trend
0.200
0.100
0.000
Heidelberg Cement
2002
2003
2004
2005
2006
Aramit cement
‐0.100
Meghna Cement Mills
IndIndustry average
‐0.200
‐0.300
‐0.400
PM average 0.031 0.024 0.017 Heidelberg Cement Aramit cement Meghna Cement IndIndustry average Mills ‐0.144
PM average
0.031
0.024
0.017
Heidelberg Cement Aramit cement
Meghna Cement
IndIndustry average
Mills
‐0.144

Doing analysis is a fun.

Think mathematically feel graphically.

EXCEL you can do most of them with it.

Mathematics is useful if you can interpret it.

Mail me: farhan.fardaus@gmail.com

Skype ID: farhan.fardaus

Call me: +8801715061774

B) BEP

Farhan Fardaus

Yahoo ID: farhan.fardaus

Search Farhan Fardaus with www.google.com

BEP Trend 0.2 0.15 0.1 Heidelberg Cement 0.05 Aramit cement 0 Meghna Cement Mills 2002
BEP Trend
0.2
0.15
0.1
Heidelberg Cement
0.05
Aramit cement
0
Meghna Cement Mills
2002
2003
2004
2005
2006
‐0.05
IndIndustry average
‐0.1
‐0.15
‐0.2
BEP average 0.081 0.067 0.065 Heidelberg Cement Aramit cement Meghna Cement IndIndustry average Mills ‐0.045
BEP average
0.081
0.067
0.065
Heidelberg Cement Aramit cement
Meghna Cement
IndIndustry average
Mills
‐0.045

Doing analysis is a fun.

Think mathematically feel graphically.

EXCEL you can do most of them with it.

Mathematics is useful if you can interpret it.

Mail me: farhan.fardaus@gmail.com

Skype ID: farhan.fardaus

Call me: +8801715061774

C) ROA

Farhan Fardaus

Yahoo ID: farhan.fardaus

Search Farhan Fardaus with www.google.com

ROA Trend 0.1500 0.1000 0.0500 Heidelberg Cement 0.0000 Aramit cement 2002 2003 2004 2005 2006
ROA Trend
0.1500
0.1000
0.0500
Heidelberg Cement
0.0000
Aramit cement
2002
2003
2004
2005
2006
Meghna Cement Mills
‐0.0500
IndIndustry average
‐0.1000
‐0.1500
‐0.2000
ROA average 0.035 0.026 0.024 Heidelberg Cement Aramit cement Meghna Cement IndIndustry average Mills ‐0.089
ROA average
0.035
0.026
0.024
Heidelberg Cement Aramit cement
Meghna Cement
IndIndustry average
Mills
‐0.089

Doing analysis is a fun.

Think mathematically feel graphically.

EXCEL you can do most of them with it.

Mathematics is useful if you can interpret it.

Mail me: farhan.fardaus@gmail.com

Skype ID: farhan.fardaus

Call me: +8801715061774

D) ROE

Farhan Fardaus

Yahoo ID: farhan.fardaus

Search Farhan Fardaus with www.google.com

ROE Trend 1 0 2002 2003 2004 2005 2006 ‐1 Heidelberg Cement ‐2 Aramit cement
ROE Trend
1
0
2002
2003
2004
2005
2006
‐1
Heidelberg Cement
‐2
Aramit cement
Meghna Cement Mills
‐3
IndIndustry average
‐4
‐5
‐6
ROE average 0.101 0.064 Heidelberg Cement Aramit cement Meghna Cement IndIndustry ‐0.013 average Mills ‐1.377
ROE average
0.101
0.064
Heidelberg Cement Aramit cement
Meghna Cement
IndIndustry ‐0.013 average
Mills
‐1.377

Doing analysis is a fun.

Think mathematically feel graphically.

EXCEL you can do most of them with it.

Mathematics is useful if you can interpret it.

Mail me: farhan.fardaus@gmail.com

Skype ID: farhan.fardaus

Call me: +8801715061774

Farhan Fardaus

Yahoo ID: farhan.fardaus

Search Farhan Fardaus with www.google.com

5. Market Value Ratios

A) EPS

EPS Trend 120 100 80 60 Heidelberg Cement 40 Aramit cement 20 Meghna Cement Mills
EPS Trend
120
100
80
60
Heidelberg Cement
40
Aramit cement
20
Meghna Cement Mills
IndIndustry average
0
2002
2003
2004
2005
2006
‐20
‐40
‐60
EPS average 29 27 25 Heidelberg Cement Aramit cement Meghna Cement IndIndustry average Mills ‐25
EPS average
29
27
25
Heidelberg Cement Aramit cement
Meghna Cement
IndIndustry average
Mills
‐25

Doing analysis is a fun.

Think mathematically feel graphically.

EXCEL you can do most of them with it.

Mathematics is useful if you can interpret it.

Mail me: farhan.fardaus@gmail.com

Skype ID: farhan.fardaus

Call me: +8801715061774

B) P/E

Farhan Fardaus

Yahoo ID: farhan.fardaus

Search Farhan Fardaus with www.google.com

P/E Trend 100 50 0 ‐50 2002 2003 2004 2005 2006 ‐100 Heidelberg Cement ‐150
P/E Trend
100
50
0
‐50
2002
2003
2004
2005
2006
‐100
Heidelberg Cement
‐150
Aramit cement
‐200
Meghna Cement Mills
‐250
IndIndustry average
‐300
‐350
‐400
‐450
P/E average 14 1 Heidelberg Cement Aramit cement Meghna Cement IndIndustry average Mills ‐43 ‐86
P/E average
14
1
Heidelberg Cement
Aramit cement
Meghna Cement
IndIndustry average
Mills
‐43
‐86

Doing analysis is a fun.

Think mathematically feel graphically.

EXCEL you can do most of them with it.

Mathematics is useful if you can interpret it.

Mail me: farhan.fardaus@gmail.com

Skype ID: farhan.fardaus

Call me: +8801715061774

C) BVPS

Farhan Fardaus

Yahoo ID: farhan.fardaus

Search Farhan Fardaus with www.google.com

BVPS Trend 500 450 400 350 300 Heidelberg Cement 250 Aramit cement 200 Meghna Cement
BVPS Trend
500
450
400
350
300
Heidelberg Cement
250
Aramit cement
200
Meghna Cement Mills
150
IndIndustry average
100
50
0
2002
2003
2004
2005
2006
BVPS average 433 353 286 42 Heidelberg Cement Aramit cement Meghna Cement IndIndustry average Mills
BVPS average
433
353
286
42
Heidelberg Cement Aramit cement
Meghna Cement
IndIndustry average
Mills

Doing analysis is a fun.

Think mathematically feel graphically.

EXCEL you can do most of them with it.

Mathematics is useful if you can interpret it.

Mail me: farhan.fardaus@gmail.com

Skype ID: farhan.fardaus

Call me: +8801715061774

D) M/B

Farhan Fardaus

Yahoo ID: farhan.fardaus

Search Farhan Fardaus with www.google.com

M/B Trend 12 10 8 Heidelberg Cement 6 Aramit cement Meghna Cement Mills 4 IndIndustry
M/B Trend
12
10
8
Heidelberg Cement
6
Aramit cement
Meghna Cement Mills
4
IndIndustry average
2
0
2002
2003
2004
2005
2006
M/B average 4.82 1.64 1.61 1.03 Heidelberg Cement Aramit cement Meghna Cement IndIndustry average Mills
M/B average
4.82
1.64
1.61
1.03
Heidelberg Cement Aramit cement
Meghna Cement
IndIndustry average
Mills

Doing analysis is a fun.

Think mathematically feel graphically.

EXCEL you can do most of them with it.

Mathematics is useful if you can interpret it.

Mail me: farhan.fardaus@gmail.com

Skype ID: farhan.fardaus

Call me: +8801715061774

Farhan Fardaus

Yahoo ID: farhan.fardaus

Search Farhan Fardaus with www.google.com

Equity Multiplier 90 80 70 60 Heidelberg Cement 50 Aramit cement 40 Meghna Cement Mills
Equity Multiplier
90
80
70
60
Heidelberg Cement
50
Aramit cement
40
Meghna Cement Mills
30
IndIndustry average
20
10
0
2002
2003
2004
2005
2006
27.51 4.42 3.91 2.15 Heidelberg Cement Aramit cement Meghna Cement IndIndustry average Mills
27.51
4.42
3.91
2.15
Heidelberg Cement Aramit cement
Meghna Cement
IndIndustry average
Mills

Doing analysis is a fun.

Think mathematically feel graphically.

EXCEL you can do most of them with it.

Mathematics is useful if you can interpret it.

Mail me: farhan.fardaus@gmail.com

Skype ID: farhan.fardaus

Call me: +8801715061774

Farhan Fardaus

Yahoo ID: farhan.fardaus

Search Farhan Fardaus with www.google.com

Du Pont:

Heidelberg Cement: Du Pont analysis (Weighted Over all).

Ratio name

Ratio

Industry average

Comment

PM

0.031

0.017

Very Good

TATO

0.87

0.933

Low

Equity Multiplier

2.15

4.42

Low

ROE

0.06

-0.013

Good

Aramit cement limited: Du Pont analysis Weighted Over all).

Ratio name

Ratio

Industry average

Comment

PM

-0.144

0.017

Poor

TATO

0.859

0.933

Low

Equity Multiplier

27.51

4.42

Poor

ROE

-3.40

-0.013

Poor

Meghna cement: Du Pont analysis (Weighted Over all).

Ratio name

Ratio

Industry average

Comment

PM

0.024

0.017

Good

TATO

1.0

0.93

Very good

Equity Multiplier

3.91

4.42

OK

ROE

0.10

-0.013

Very good

Doing analysis is a fun.

Think mathematically feel graphically.

EXCEL you can do most of them with it.

Mathematics is useful if you can interpret it.

Mail me: farhan.fardaus@gmail.com

Skype ID: farhan.fardaus

Call me: +8801715061774

TATO

Farhan Fardaus

Yahoo ID: farhan.fardaus

Search Farhan Fardaus with www.google.com

TATO Trend 1.6 1.4 1.2 1.0 Heidelberg Cement 0.8 Aramit cement 0.6 Meghna Cement Mills
TATO Trend
1.6
1.4
1.2
1.0
Heidelberg Cement
0.8
Aramit cement
0.6
Meghna Cement Mills
IndIndustry average
0.4
0.2
0.0
2002
2003
2004
2005
2006
TATO average 1.0 0.9 0.9 0.9 Heidelberg Cement Aramit cement Meghna Cement IndIndustry average Mills
TATO average
1.0
0.9
0.9
0.9
Heidelberg Cement Aramit cement
Meghna Cement
IndIndustry average
Mills

Doing analysis is a fun.

Think mathematically feel graphically.

EXCEL you can do most of them with it.

Mathematics is useful if you can interpret it.

Mail me: farhan.fardaus@gmail.com

Skype ID: farhan.fardaus

Call me: +8801715061774

PM

Farhan Fardaus

Yahoo ID: farhan.fardaus

Search Farhan Fardaus with www.google.com

PM Trend 0.200 0.100 0.000 Heidelberg Cement 2002 2003 2004 2005 2006 Aramit cement ‐0.100
PM Trend
0.200
0.100
0.000
Heidelberg Cement
2002
2003
2004
2005
2006
Aramit cement
‐0.100
Meghna Cement Mills
IndIndustry average
‐0.200
‐0.300
‐0.400
PM average 0.031 0.024 0.017 Heidelberg Cement Aramit cement Meghna Cement IndIndustry average Mills ‐0.144
PM average
0.031
0.024
0.017
Heidelberg Cement Aramit cement
Meghna Cement
IndIndustry average
Mills
‐0.144

Doing analysis is a fun.

Think mathematically feel graphically.

EXCEL you can do most of them with it.

Mathematics is useful if you can interpret it.

Mail me: farhan.fardaus@gmail.com

Skype ID: farhan.fardaus

Call me: +8801715061774

ROE

Farhan Fardaus

Yahoo ID: farhan.fardaus

Search Farhan Fardaus with www.google.com

ROE Trend 1 0 2002 2003 2004 2005 2006 ‐1 Heidelberg Cement ‐2 Aramit cement
ROE Trend
1
0
2002
2003
2004
2005
2006
‐1
Heidelberg Cement
‐2
Aramit cement
Meghna Cement Mills
‐3
IndIndustry average
‐4
‐5
‐6
ROE average 0.101 0.064 Heidelberg Cement Aramit cement Meghna Cement IndIndustry ‐0.013 average Mills ‐1.377
ROE average
0.101
0.064
Heidelberg Cement Aramit cement
Meghna Cement
IndIndustry ‐0.013 average
Mills
‐1.377

Doing analysis is a fun.

Think mathematically feel graphically.

EXCEL you can do most of them with it.

Mathematics is useful if you can interpret it.

Mail me: farhan.fardaus@gmail.com

Skype ID: farhan.fardaus

Call me: +8801715061774

Farhan Fardaus

Yahoo ID: farhan.fardaus

Search Farhan Fardaus with www.google.com

Equity Multiplier

Equity Multiplier Trend 90 80 70 60 Heidelberg Cement 50 Aramit cement 40 Meghna Cement
Equity Multiplier Trend
90
80
70
60
Heidelberg Cement
50
Aramit cement
40
Meghna Cement Mills
30
IndIndustry average
20
10
0
2002
2003
2004
2005
2006
Equity Multiplier Average: 27.51 4.42 3.91 2.15 Heidelberg Cement Aramit cement Meghna Cement IndIndustry average
Equity Multiplier Average:
27.51
4.42
3.91
2.15
Heidelberg Cement Aramit cement
Meghna Cement
IndIndustry average
Mills

Doing analysis is a fun.

Think mathematically feel graphically.

EXCEL you can do most of them with it.

Mathematics is useful if you can interpret it.

Mail me: farhan.fardaus@gmail.com

Skype ID: farhan.fardaus

Call me: +8801715061774

Farhan Fardaus

Yahoo ID: farhan.fardaus

Search Farhan Fardaus with www.google.com

Common size statement analysis:

Doing analysis is a fun.

Think mathematically feel graphically.

EXCEL you can do most of them with it.

Mathematics is useful if you can interpret it.

Mail me: farhan.fardaus@gmail.com

Skype ID: farhan.fardaus

Call me: +8801715061774

Farhan Fardaus

Yahoo ID: farhan.fardaus

Search Farhan Fardaus with www.google.com

Common size balance sheet:

A) Cash to total asset:

1. Industry VS firms trend: Cash to total asset: 25.0 20.0 15.0 Heidelberg Cement Aramit
1. Industry VS firms trend:
Cash to total asset:
25.0
20.0
15.0
Heidelberg Cement
Aramit cement
10.0
Meghna Cement Mills
IndIndustry average
5.0
0.0
2002
2003
2004
2005
2006
2. Comparison of overall averages: Cash to total asset : 3.4 3.0 2.9 0.7 Heidelberg
2. Comparison of overall averages:
Cash to total asset :
3.4
3.0
2.9
0.7
Heidelberg Cement Aramit cement
Meghna Cement
IndIndustry average
Mills

Doing analysis is a fun.

Think mathematically feel graphically.

EXCEL you can do most of them with it.

Mathematics is useful if you can interpret it.

Mail me: farhan.fardaus@gmail.com

Skype ID: farhan.fardaus

Call me: +8801715061774

B) Current asset to total asset:

Farhan Fardaus

Yahoo ID: farhan.fardaus

Search Farhan Fardaus with www.google.com

1. Industry VS firms trend: Current asset to total asset: 50.0 45.0 40.0 35.0 Heidelberg
1. Industry VS firms trend:
Current asset to total asset:
50.0
45.0
40.0
35.0
Heidelberg Cement
30.0
25.0
Aramit cement
20.0
Meghna Cement Mills
15.0
IndIndustry average
10.0
5.0
0.0
2002
2003
2004
2005
2006
2. Comparison of overall averages: Current asset to total asset: 44.0 35.1 30.8 24.2 Heidelberg
2. Comparison of overall averages:
Current asset to total asset:
44.0
35.1
30.8
24.2
Heidelberg Cement Aramit cement
Meghna Cement
IndIndustry average
Mills

Doing analysis is a fun.

Think mathematically feel graphically.

EXCEL you can do most of them with it.

Mathematics is useful if you can interpret it.

Mail me: farhan.fardaus@gmail.com

Skype ID: farhan.fardaus

Call me: +8801715061774

C) Fixed asset to total asset:

Farhan Fardaus

Yahoo ID: farhan.fardaus

Search Farhan Fardaus with www.google.com

1. Industry VS firms trend: Fixed asset to total asset: 90.0 80.0 70.0 60.0 Heidelberg
1. Industry VS firms trend:
Fixed asset to total asset:
90.0
80.0
70.0
60.0
Heidelberg Cement
50.0
Aramit cement
40.0
Meghna Cement Mills
30.0
IndIndustry average
20.0
10.0
0.0
2002
2003
2004
2005
2006
2. Comparison of overall averages: Fixed asset to total asset: 73.4 69.1 63.6 55.3 Heidelberg
2. Comparison of overall averages:
Fixed asset to total asset:
73.4
69.1
63.6
55.3
Heidelberg Cement Aramit cement
Meghna Cement
IndIndustry average
Mills

Doing analysis is a fun.

Think mathematically feel graphically.

EXCEL you can do most of them with it.

Mathematics is useful if you can interpret it.

Mail me: farhan.fardaus@gmail.com

Skype ID: farhan.fardaus

Call me: +8801715061774

Farhan Fardaus

C) Current liability to total asset:

Yahoo ID: farhan.fardaus

Search Farhan Fardaus with www.google.com

1. Industry VS firms trend: Current liability to total asset: 80.0 70.0 60.0 50.0 Heidelberg
1. Industry VS firms trend:
Current liability to total asset:
80.0
70.0
60.0
50.0
Heidelberg Cement
40.0
Aramit cement
30.0
Meghna Cement Mills
20.0
IndIndustry average
10.0
0.0
2002
2003
2004
2005
2006
2. Comparison of overall averages: Current liability to total asset: 55.1 43.9 43.5 42.5 Heidelberg
2. Comparison of overall averages:
Current liability to total asset:
55.1
43.9
43.5
42.5
Heidelberg Cement Aramit cement
Meghna Cement
IndIndustry average
Mills

Doing analysis is a fun.

Think mathematically feel graphically.

EXCEL you can do most of them with it.

Mathematics is useful if you can interpret it.

Mail me: farhan.fardaus@gmail.com

Skype ID: farhan.fardaus

Call me: +8801715061774

Farhan Fardaus

D) Long-term liability to total asset:

Yahoo ID: farhan.fardaus

Search Farhan Fardaus with www.google.com

1. Industry VS firms trend: Long‐term liability to total asset: 50.0 45.0 40.0 35.0 30.0
1. Industry VS firms trend:
Long‐term liability to total asset:
50.0
45.0
40.0
35.0
30.0
Heidelberg Cement
25.0
Aramit cement
20.0
Meghna Cement Mills
15.0
IndIndustry average
10.0
5.0
0.0
2002
2003
2004
2005
2006
2. Comparison of overall averages: Long‐ term liability to total asset: 31.6 28.6 19.7 11.0
2. Comparison of overall averages:
Long‐ term liability to total asset:
31.6
28.6
19.7
11.0
Heidelberg Cement Aramit cement
Meghna Cement
IndIndustry average
Mills

Doing analysis is a fun.

Think mathematically feel graphically.

EXCEL you can do most of them with it.

Mathematics is useful if you can interpret it.

Mail me: farhan.fardaus@gmail.com

Skype ID: farhan.fardaus

Call me: +8801715061774

E) Equity to total asset:

Farhan Fardaus

Yahoo ID: farhan.fardaus

Search Farhan Fardaus with www.google.com

1. Industry VS firms trend: Equity to total asset: 80.0 70.0 60.0 50.0 Heidelberg Cement
1. Industry VS firms trend:
Equity to total asset:
80.0
70.0
60.0
50.0
Heidelberg Cement
40.0
Aramit cement
30.0
Meghna Cement Mills
20.0
IndIndustry average
10.0
0.0
12345
2. Comparison of overall averages: Equity to total asset: 47.9 37.4 26.4 14.4 Heidelberg Cement
2. Comparison of overall averages:
Equity to total asset:
47.9
37.4
26.4
14.4
Heidelberg Cement Aramit cement
Meghna Cement
IndIndustry average
Mills

Doing analysis is a fun.

Think mathematically feel graphically.

EXCEL you can do most of them with it.

Mathematics is useful if you can interpret it.

Mail me: farhan.fardaus@gmail.com

Skype ID: farhan.fardaus

Call me: +8801715061774

Farhan Fardaus

Yahoo ID: farhan.fardaus

Search Farhan Fardaus with www.google.com

Market share:

1. Market share trends: Market share : 0.70 0.60 0.50 0.40 0.30 0.20 Heidelberg Cement
1. Market share trends:
Market share :
0.70
0.60
0.50
0.40
0.30
0.20
Heidelberg Cement
Aramit cement
Meghna Cement Mills
0.10
0.00
2002
2003
2004
2005
2006
2. Market share on an average: Market share : Heidelberg Cement Aramit cement Meghna Cement
2. Market share on an average:
Market share :
Heidelberg Cement
Aramit cement
Meghna Cement Mills
38%
56%
6%

Doing analysis is a fun.

Think mathematically feel graphically.

EXCEL you can do most of them with it.

Mathematics is useful if you can interpret it.

Mail me: farhan.fardaus@gmail.com

Skype ID: farhan.fardaus

Call me: +8801715061774

Farhan Fardaus

Yahoo ID: farhan.fardaus

Search Farhan Fardaus with www.google.com

Financing Arrangement:

1. Industry financing arrangement: Industry financing arrangement Current liability Long ‐term liability Equity 37%
1. Industry financing arrangement:
Industry financing arrangement
Current liability
Long ‐term liability
Equity
37%
43%
20%

2. Firm financing arrangement trend & average:

a) Heidelberg Cement: Heidelberg Cement (average) Current liability Long ‐term liability Equity 39% 50% 11%
a) Heidelberg Cement:
Heidelberg Cement (average)
Current liability
Long ‐term liability
Equity
39%
50%
11%

Doing analysis is a fun.

Think mathematically feel graphically.

EXCEL you can do most of them with it.

Mathematics is useful if you can interpret it.

Mail me: farhan.fardaus@gmail.com

Skype ID: farhan.fardaus

Farhan Fardaus

Yahoo ID: farhan.fardaus

Search Farhan Fardaus with www.google.com

Call me: +8801715061774 Heidelberg Cement (trend): 80.0 70.0 60.0 50.0 40.0 30.0 Current liability Long
Call me: +8801715061774
Heidelberg Cement (trend):
80.0
70.0
60.0
50.0
40.0
30.0
Current liability
Long ‐term liability
Equity
20.0
10.0
0.0
2002
2003
2004
2005
2006
b) Aramit cement: Aramit cement (Average) Current liability Long ‐term liability Equity 16% 54% 30%
b) Aramit cement:
Aramit cement (Average)
Current liability
Long ‐term liability
Equity
16%
54%
30%

Doing analysis is a fun.

Think mathematically feel graphically.

EXCEL you can do most of them with it.

Mathematics is useful if you can interpret it.

Mail me: farhan.fardaus@gmail.com

Skype ID: farhan.fardaus

Farhan Fardaus

Yahoo ID: farhan.fardaus

Search Farhan Fardaus with www.google.com

Call me: +8801715061774 Aramit cement (trend): 80.0 70.0 60.0 50.0 40.0 30.0 Current liability Long
Call me: +8801715061774
Aramit cement (trend):
80.0
70.0
60.0
50.0
40.0
30.0
Current liability
Long ‐term liability
Equity
20.0
10.0
0.0
12345
c) Meghna Cement Mills: Meghna Cement Mills (Average) Current liability Long ‐term liability Equity 26%
c) Meghna Cement Mills:
Meghna Cement Mills (Average)
Current liability
Long ‐term liability
Equity
26%
43%
31%

Doing analysis is a fun.

Think mathematically feel graphically.

EXCEL you can do most of them with it.

Mathematics is useful if you can interpret it.

Mail me: farhan.fardaus@gmail.com

Skype ID: farhan.fardaus

Farhan Fardaus

Yahoo ID: farhan.fardaus

Search Farhan Fardaus with www.google.com

Call me: +8801715061774 Meghna Cement Mills (trends): 50.0 45.0 40.0 35.0 30.0 Current liability 25.0
Call me: +8801715061774
Meghna Cement Mills (trends):
50.0
45.0
40.0
35.0
30.0
Current liability
25.0
Long ‐term liability
20.0
15.0
Equity
10.0
5.0
0.0
2002
2003
2004
2005
2006

Doing analysis is a fun.

Think mathematically feel graphically.

EXCEL you can do most of them with it.

Mathematics is useful if you can interpret it.

Mail me: farhan.fardaus@gmail.com

Skype ID: farhan.fardaus

Call me: +8801715061774

Farhan Fardaus

Yahoo ID: farhan.fardaus

Search Farhan Fardaus with www.google.com

Percentage change analysis common size balance sheet:

Total asset:

Total asset growth: 300 250 200 Heidelberg Cement 150 Aramit cement Meghna Cement Mills 100
Total asset growth:
300
250
200
Heidelberg Cement
150
Aramit cement
Meghna Cement Mills
100
IndIndustry average
50
0
2002
2003
2004
2005
2006
Average Total asset growth: 128 69 Heidelberg Cement Aramit cement ‐1 Meghna Cement ‐5 Mills
Average Total asset growth:
128
69
Heidelberg Cement Aramit cement ‐1
Meghna Cement ‐5
Mills
IndIndustry average

Doing analysis is a fun.

Think mathematically feel graphically.

EXCEL you can do most of them with it.

Mathematics is useful if you can interpret it.

Mail me: farhan.fardaus@gmail.com

Skype ID: farhan.fardaus

Call me: +8801715061774

Fixed asset:

Farhan Fardaus

Yahoo ID: farhan.fardaus

Search Farhan Fardaus with www.google.com

Fixed asset growth: 400 350 300 250 Heidelberg Cement 200 Aramit cement 150 Meghna Cement
Fixed asset growth:
400
350
300
250
Heidelberg Cement
200
Aramit cement
150
Meghna Cement Mills
IndIndustry average
100
50
0
2002
2003
2004
2005
2006
Average fixed asset growth: 204 115 3 0 Heidelberg Cement Aramit cement Meghna Cement IndIndustry
Average fixed asset growth:
204
115
3
0
Heidelberg Cement Aramit cement
Meghna Cement
IndIndustry average
Mills

Doing analysis is a fun.

Think mathematically feel graphically.

EXCEL you can do most of them with it.

Mathematics is useful if you can interpret it.

Mail me: farhan.fardaus@gmail.com

Skype ID: farhan.fardaus

Call me: +8801715061774

Fixed liability:

Farhan Fardaus

Yahoo ID: farhan.fardaus

Search Farhan Fardaus with www.google.com

Fixed liability growth: 700 600 500 Heidelberg Cement 400 Aramit cement 300 Meghna Cement Mills
Fixed liability growth:
700
600
500
Heidelberg Cement
400
Aramit cement
300
Meghna Cement Mills
200
IndIndustry average
100
0
2002
2003
2004
2005
2006
Average fixed liability growth: 250 142 74 Heidelberg Cement Aramit cement Meghna Cement ‐5 Mills
Average fixed liability growth:
250
142
74
Heidelberg Cement Aramit cement
Meghna Cement ‐5
Mills
IndIndustry average

Doing analysis is a fun.

Think mathematically feel graphically.

EXCEL you can do most of them with it.

Mathematics is useful if you can interpret it.

Mail me: farhan.fardaus@gmail.com

Skype ID: farhan.fardaus

Call me: +8801715061774

Current liability:

Farhan Fardaus

Yahoo ID: farhan.fardaus

Search Farhan Fardaus with www.google.com

Current liability growth: 600 500 400 Heidelberg Cement 300 Aramit cement Meghna Cement Mills 200
Current liability growth:
600
500
400
Heidelberg Cement
300
Aramit cement
Meghna Cement Mills
200
IndIndustry average
100
0
2002
2003
2004
2005
2006
Average Current liability growth: 305 166 21 Heidelberg Cement Aramit cement Meghna Cement ‐12 Mills
Average Current liability growth:
305
166
21
Heidelberg Cement Aramit cement
Meghna Cement ‐12
Mills
IndIndustry average

Doing analysis is a fun.

Think mathematically feel graphically.

EXCEL you can do most of them with it.

Mathematics is useful if you can interpret it.

Mail me: farhan.fardaus@gmail.com

Skype ID: farhan.fardaus

Call me: +8801715061774

Equity growth:

Farhan Fardaus

Yahoo ID: farhan.fardaus

Search Farhan Fardaus with www.google.com

Growth Equity growth: 250 200 150 Heidelberg Cement Aramit cement 100 Meghna Cement Mills IndIndustry
Growth Equity growth:
250
200
150
Heidelberg Cement
Aramit cement
100
Meghna Cement Mills
IndIndustry average
50
0
2002
2003
2004
2005
2006
Average Equity growth: 54 30 9 Heidelberg Cement Aramit cement Meghna Cement IndIndustry average Mills
Average Equity growth:
54
30
9
Heidelberg Cement Aramit cement
Meghna Cement
IndIndustry average
Mills
‐61

Doing analysis is a fun.

Think mathematically feel graphically.

EXCEL you can do most of them with it.

Mathematics is useful if you can interpret it.

Mail me: farhan.fardaus@gmail.com

Skype ID: farhan.fardaus

Call me: +8801715061774

Farhan Fardaus

Yahoo ID: farhan.fardaus

Search Farhan Fardaus with www.google.com

Common size income statement:

Operating cost:

Operating cost as a % of sales (trend): 140 120 100 Heidelberg Cement 80 Aramit
Operating cost as a % of sales (trend):
140
120
100
Heidelberg Cement
80
Aramit cement
60
Meghna Cement Mills
40
IndIndustry average
20
0
2002
2003
2004
2005
2006
Operating cost as a % of sales (average): 106 94 94 92 Heidelberg Cement Aramit
Operating cost as a % of sales (average):
106
94
94
92
Heidelberg Cement Aramit cement
Meghna Cement
IndIndustry average
Mills

Doing analysis is a fun.

Think mathematically feel graphically.

EXCEL you can do most of them with it.

Mathematics is useful if you can interpret it.

Mail me: farhan.fardaus@gmail.com

Skype ID: farhan.fardaus

Call me: +8801715061774

Other income:

Farhan Fardaus

Yahoo ID: farhan.fardaus

Search Farhan Fardaus with www.google.com

Other income as a % of sales (trend): 8.0000 7.0000 6.0000 5.0000 Heidelberg Cement 4.0000
Other income as a % of sales (trend):
8.0000
7.0000
6.0000
5.0000
Heidelberg Cement
4.0000
Aramit cement
Meghna Cement Mills
3.0000
IndIndustry average
2.0000
1.0000
0.0000
2002
2003
2004
2005
2006
Other income as a % of Sales (sales): 1.119119579 0.639297442 0.212190161 0.00716595 Heidelberg Cement Aramit
Other income as a % of Sales (sales):
1.119119579
0.639297442
0.212190161
0.00716595
Heidelberg Cement Aramit cement
Meghna Cement
IndIndustry average
Mills

Doing analysis is a fun.

Think mathematically feel graphically.

EXCEL you can do most of them with it.

Mathematics is useful if you can interpret it.

Mail me: farhan.fardaus@gmail.com

Skype ID: farhan.fardaus

Call me: +8801715061774

Financing cost:

Farhan Fardaus

Yahoo ID: farhan.fardaus

Search Farhan Fardaus with www.google.com

Financing cost as a % of sales (trend): 9.00 8.00 7.00 6.00 Heidelberg Cement 5.00
Financing cost as a % of sales (trend):
9.00
8.00
7.00
6.00
Heidelberg Cement
5.00
Aramit cement
4.00
Meghna Cement Mills
3.00
IndIndustry average
2.00
1.00
0.00
2002
2003
2004
2005
2006
Financing cost as a % of Sales (sales): 5.64 5.19 4.47 3.59 Heidelberg Cement Aramit
Financing cost as a % of Sales (sales):
5.64
5.19
4.47
3.59
Heidelberg Cement Aramit cement
Meghna Cement
IndIndustry average
Mills

Doing analysis is a fun.

Think mathematically feel graphically.

EXCEL you can do most of them with it.

Mathematics is useful if you can interpret it.

Mail me: farhan.fardaus@gmail.com

Skype ID: farhan.fardaus

Call me: +8801715061774

Farhan Fardaus

Yahoo ID: farhan.fardaus

Search Farhan Fardaus with www.google.com

Percentage Change analysis common size income statement:

Sales growth:

Sales growth trends: 400 350 300 250 Heidelberg Cement 200 Aramit cement 150 Meghna Cement
Sales growth trends:
400
350
300
250
Heidelberg Cement
200
Aramit cement
150
Meghna Cement Mills
IndIndustry average
100
50
0
2002
2003
2004
2005
2006
Sales growth average: 157 88 5 2 Heidelberg Cement Aramit cement Meghna Cement IndIndustry average
Sales growth average:
157
88
5
2
Heidelberg Cement Aramit cement
Meghna Cement
IndIndustry average
Mills

Doing analysis is a fun.

Think mathematically feel graphically.

EXCEL you can do most of them with it.

Mathematics is useful if you can interpret it.

Mail me: farhan.fardaus@gmail.com

Skype ID: farhan.fardaus

Call me: +8801715061774

Net income growth:

Farhan Fardaus

Yahoo ID: farhan.fardaus

Search Farhan Fardaus with www.google.com

Net income growth trends: 1200 1000 800 Heidelberg Cement 600 Aramit cement Meghna Cement Mills
Net income growth trends:
1200
1000
800
Heidelberg Cement
600
Aramit cement
Meghna Cement Mills
400
IndIndustry average
200
0
2002
2003
2004
2005
2006
‐200
Net income growth average: 302 202 77 76 Heidelberg Cement Aramit cement Meghna Cement IndIndustry
Net income growth average:
302
202
77
76
Heidelberg Cement Aramit cement
Meghna Cement
IndIndustry average
Mills

Doing analysis is a fun.

Think mathematically feel graphically.

EXCEL you can do most of them with it.

Mathematics is useful if you can interpret it.

Mail me: farhan.fardaus@gmail.com

Skype ID: farhan.fardaus

Call me: +8801715061774

Farhan Fardaus

Yahoo ID: farhan.fardaus

Search Farhan Fardaus with www.google.com

Risk:

RISK

STV

CV

%

Heidelberg Cement

0.023

0.365

36.5%

Aramit cement

0.432

-0.314

31.4%

Meghna Cement Mills

0.010

0.101

10.1%

Doing analysis is a fun.

Think mathematically feel graphically.

EXCEL you can do most of them with it.

Mathematics is useful if you can interpret it.

Mail me: farhan.fardaus@gmail.com

Skype ID: farhan.fardaus

Call me: +8801715061774

Doing analysis is a fun.

Think mathematically feel graphically.

Farhan Fardaus

Yahoo ID: farhan.fardaus

Search Farhan Fardaus with www.google.com

Ranks:

EXCEL you can do most of them with it.

Mathematics is useful if you can interpret it.

Mail me: farhan.fardaus@gmail.com

Skype ID: farhan.fardaus

Call me: +8801715061774

Farhan Fardaus

Yahoo ID: farhan.fardaus

Search Farhan Fardaus with www.google.com

Heidelberg Cement: summary of ratios (Weighted Over all).

Ratio name

Ratio

Industry average

Comment

1. Liquidity Analysis

     

a) Current Ratio

0.78

0.85

Low

b)

Quick Ratio

0.44

0.40

Good

2.

Asset management ratio

     

a)Inv. Turnover

6.26

5.5

Good

b)DSO

43.09

38.1

Low

c)FATO

1.29

1.5

Low

d)TATO

0.87

0.9

OK

3. Debt Management Ratio

     

a) Debt Ratio

0.52

0.63

Very Good

b)

TIE

2.56

2.12

Very Good

4.Profitability Ratio

     

a)PM

0.031

0.017

Very Good

b)BEP

0.067

0.065

Good

c)ROA

0.035

0.024

Very Good

d)ROE

0.064

-0.013

Very Good

5.

Market Value Ratios

     

d)M/B

1.64

1.61

OK

Heidelberg Cement

Category wise rating

1. Liquidity Analysis

3.20

2. Asset management ratio

2.65

3. Debt Management Ratio

5.00

4.Profitability Ratio

4.90

5.

Market Value Ratios

3.00

Doing analysis is a fun.

Think mathematically feel graphically.

EXCEL you can do most of them with it.

Mathematics is useful if you can interpret it.

Mail me: fa rhan.fardaus@g mail.com

Skype ID: f arhan.fardaus

Call me: + 8801715061774

Far han Fardau s

Ya hoo ID: farhan. fardaus

Search F arhan Fardaus with www.goog le.com

5. Market V alue Ratios

4.Profit a bility Ratio

1. Liquid ity Analysis

3.00 4.90 5.00 2.65 3.20
3.00
4.90
5.00
2.65
3.20

H eidelb erg Cem ent

Doing analys is is a fun.

Think mathe matically feel grap hically.

EXCEL you ca n do most of them with it.

Mathematics is useful if you can i nterpret it.

Mail me: farhan.fardaus@gmail.com

Skype ID: farhan.fardaus

Call me: +8801715061774

Farhan Fardaus

Yahoo ID: farhan.fardaus

Search Farhan Fardaus with www.google.com

 

Aramit Cement Limited summary of ratios (Weighted Over all ).

Ratio name

Ratio

Industry average

Comment

1. Liquidity Analysis

     

a) Current Ratio

0.44

0.85

Poor

b)

Quick Ratio

0.27

0.40

Poor

2.

Asset management ratio

     

a)Inv. Turnover

8.81

5.49

Very good

b)DSO

33.63

38.14

Good

c)FATO

1.20

1.52

Poor

d)TATO

0.86

0.93

Ok

3. Debt Management Ratio

     

a) Debt Ratio

0.86

0.63

Poor

b)

TIE

1.97

2.12

Low

4.Profitability Ratio

     

a)PM

-0.14

0.017

Poor

b)BEP

-0.05

0.065

Poor

c)ROA

-0.09

0.024

Poor

d)ROE

-1.38

-0.013

Poor

5.

Market Value Ratios

     

d)M/B

4.8

1.61

Very good

Aramit Cement Limited

Category wise rating

1. Liquidity Analysis

1.00

2. Asset management ratio

2.60

3. Debt Management Ratio

1.35

4.Profitability Ratio

1.00

5.

Market Value Ratios

5.00

Doing analysis is a fun.

Think mathematically feel graphically.

EXCEL you can do most of them with it.

Mathematics is useful if you can interpret it.

Mail me: fa rhan.fardaus@g mail.com

Skype ID: f arhan.fardaus

Call me: + 8801715061774

Far han Fardau s

Ya hoo ID: farhan. fardaus

Search F arhan Fardaus with www.goog le.com

fardaus Search F arhan Fardaus with www.goog le.com 5.00 1.0 0 1. 35 2.60 1.0 0
5.00 1.0 0 1. 35 2.60 1.0 0
5.00
1.0 0
1. 35
2.60
1.0 0

A ramit C ement L imited

Doing analys is is a fun.

Think mathe matically feel grap hically.

EXCEL you ca n do most of them with it.

Mathematics is useful if you can i nterpret it.

Mail me: farhan.fardaus@gmail.com

Skype ID: farhan.fardaus

Call me: +8801715061774

Farhan Fardaus

Yahoo ID: farhan.fardaus

Search Farhan Fardaus with www.google.com

Meghna Cement Mills: summary of ratios (Weighted Over all ).

Ratio name

Ratio

Industry average

Comment

1. Liquidity Analysis

     

a) Current Ratio

1.00

0.85

Very good

b)

Quick Ratio

0.36

0.40

Ok

2.

Asset management ratio

     

a)Inv. Turnover

3.81

5.49

Poor

b)DSO

31.6

38.14

Very good

c)FATO

1.92

1.52

Very good

d)TATO

1.03

0.93

Very good

3. Debt Management Ratio

     

a) Debt Ratio

0.74

0.63

Low

b)

TIE

1.5

2.12

Poor

4.Profitability Ratio

     

a)PM

0.024

0.017

Good

b)BEP

0.081

0.065

Very good

c)ROA

0.026

0.024

Good

d)ROE

0.101

-0.013

Very good

5.

Market Value Ratios

     

d)M/B

1.03

1.61

Low

Meghna Cement Mills

Category wise rating

1. Liquidity Analysis

3.80

2. Asset management ratio

4.40

3. Debt Management Ratio

1.65

4.Profitability Ratio

4.50

5.

Market Value Ratios

2.00

Doing analysis is a fun.

Think mathematically feel graphically.

EXCEL you can do most of them with it.

Mathematics is useful if you can interpret it.

Mail me: fa rhan.fardaus@g mail.com

Skype ID: f arhan.fardaus

Call me: + 8801715061774

Far han Fardau s

Ya hoo ID: farhan. fardaus

Search F arhan Fardaus with www.goog le.com

fardaus Search F arhan Fardaus with www.goog le.com Asset m anagement ra t io 2.00 4.50

Asset m anagement ra t io

2.00 4.50 1.65 4.40 3.80
2.00
4.50
1.65
4.40
3.80

M eghna Cemen t Mills

5. Ma rket Value Rat i os

4.P rofitability Ra t io

Debt M a nagement Ra t io

1. L iquidity Analy sis

Doing analys is is a fun.

Think mathe matically feel grap hically.

EXCEL you ca n do most of them with it.

Mathematics is useful if you can i nterpret it.

Mail me: fa rhan.fardaus@g mail.com

Skype ID: f arhan.fardaus

Call me: + 8801715061774

Far han Fardau s

Ya hoo ID: farhan. fardaus

Search F arhan Fardaus with www.goog le.com

Over all Ra nk (out of 5 )

O ver all Ra nk (out of 5 )

Heidelbe rg Cement

Aramit C ement Limi ted

Meghna Cement Mil ls

3.9

1.7

3.6

Limi ted Meghna Cement Mil ls 3.9 1.7 3.6 1.0 2. 0 3.0 4. 0 5.0
1.0 2. 0 3.0 4. 0 5.0
1.0
2. 0
3.0
4. 0
5.0

0. 0

O ver all R ank (o ut of 5)

Over all Rank (out o f 5)

Doing analys is is a fun.

Think mathe matically feel grap hically.

EXCEL you ca n do most of them with it.

Mathematics is useful if you can i nterpret it.

Mail me: farhan.fardaus@gmail.com

Skype ID: farhan.fardaus

Call me: +8801715061774

Farhan Fardaus

Yahoo ID: farhan.fardaus

Search Farhan Fardaus with www.google.com

Qualitative Analysis:

Doing analysis is a fun.

Think mathematically feel graphically.

EXCEL you can do most of them with it.

Mathematics is useful if you can interpret it.

Mail me: farhan.fardaus@gmail.com

Skype ID: farhan.fardaus

Call me: +8801715061774

Farhan Fardaus

Yahoo ID: farhan.fardaus

Search Farhan Fardaus with www.google.com

Heidelberg Cement

Matrix:

Item

Description

Rank

Country experience

9 years.

3

Business experience

50 Years+

1

Country diversification

50

1

Industry diversification

3

3

Product diversification

2

2

Size

Multinational.

1

Governance

Dynamic.

1

Market Image

Vary high.

1

Political influence

Moderate.

2

Product image

Very high.

1

Doing analysis is a fun.

Think mathematically feel graphically.

EXCEL you can do most of them with it.

Mathematics is useful if you can interpret it.

Mail me: farhan.fardaus@gmail.com

Skype ID: farhan.fardaus

Call me: +8801715061774

Farhan Fardaus

Yahoo ID: farhan.fardaus

Search Farhan Fardaus with www.google.com

Aramit Cement

Matrix:

Item

Description

Rank

Country experience

13

years.

2

Business experience

45

Years+

2

Country diversification

3

3

Industry diversification

8

2

Product diversification

4

1

Size

National.

3

Governance

Moderate.

2

Market Image

Very Low.

3

Political influence

Low.

3

Product image

Low.

3

Doing analysis is a fun.

Think mathematically feel graphically.

EXCEL you can do most of them with it.

Mathematics is useful if you can interpret it.

Mail me: farhan.fardaus@gmail.com

Skype ID: farhan.fardaus

Call me: +8801715061774

Farhan Fardaus

Yahoo ID: farhan.fardaus

Search Farhan Fardaus with www.google.com

Meghna Cement

Matrix:

Item

Description

Rank

Country experience

14

years.

1

Business experience

25

years +

3

Country diversification

5

2

Industry diversification

15

1

Product diversification

1

3

Size

Local Multinational.

2

Governance

Autocratic.

3

Market Image

Moderate.

2

Political influence

Very High.

1

Product image

Moderately low.

2

Doing analysis is a fun.

Think mathematically feel graphically.

EXCEL you can do most of them with it.

Mathematics is useful if you can interpret it.

Mail me: farhan.fardaus@gmail.com

Skype ID: farhan.fardaus

Call me: +8801715061774

Farhan Fardaus

Recommendations (Very brief):

Heidelberg Cement:

Yahoo ID: farhan.fardaus

Search Farhan Fardaus with www.google.com

This is the most potential firm in the industries though they have to manage well their liquidity and their asset. They are having a tremendous market growth in the industry in last few years. They are the market leader now. Sales should be increased a little bit to increase their asset turnover. They should also increase Debt in their financing structure, so they can increase their ROE ………………………………………………………………………………………… ………………………….

Aramit Cement:

Very weak situation. Should increase their efficiency. Can issue new stocks to improve their capability to generate sales. Should increase their sales to remain in the industry. Should decrease their Debt from their financing structure. Should to minimize their cost by cost cutting from every aspect. ………………………………………………………………………………………… ………………………….

Meghna Cement:

Meghna has good management efficiency, Profitability is questionable. They Should minimize their cost in every aspect, and should try to increase their sales. They also should decrease their Debt a bit from their finance structure. Have to increase their sales as well. ………………………………………………………………………………………… ………………………….

Doing analysis is a fun.

Think mathematically feel graphically.

EXCEL you can do most of them with it.

Mathematics is useful if you can interpret it.