Financial analysis now

Coursework is receipted on the understanding that it is the student’s own work and that it has not, in whole or part, been presented elsewhere for assessment. Where material has been used from other sources it has been properly acknowledged in accordance with the University’s Regulations regarding Cheating and Plagiarism. The Excel model using for forecasting shareholder value are considered as a helpful application in financial analysis now. The prediction shareholder value was replied on Alfred Rappaport’s seven value drivers which are known as the crucially factors to affect the firm value.

This report practiced the Excel model of Thortons Plc, which is engaged in manufacturing, selling and others activities, brings out the fundamental factors for retailing, commercial trading and manufacturing operations. This report also analyzed how the changing of value drivers influent to the operations of the firm. The value drivers are considered as the crucial factors affecting to the shareholder value including of sales growth, operating profit margin, tax rate, incremental fixed capital investment, incremental working capital investment, require rate of return, debt, market capitalization and number of prediction years.

Beacause Thorntons Plc has fundamental operation in retail and manufacture, so the sales growth and profit margin are known as crucial factors impact on shareholder value. The forecasting ratios will base on the historical figures during the five years from June 2006 to June 2010 and interim results ended January 2011 by the trend analysis. The operating profit margin is determined being 3% per year though the trend analysis during five years from June 2006 to June 2010 and interim results ended January 2011.

In the fact, the operating profit margin intends to increase in the next period by the real situation like Easter day and Mother’s day. The analysis of forecasting sales growth indicated that sales growth is an important factor to influent the shareholder value, also it has been positively correlated with shareholder value. The increase of sales growth predicted lead to the increase of shareholder value, although the percentage of increasing shareholder value is not large.

Apart from sales growth and profit margin, the others value drivers affecting Thorntons Plc shareholder have to mention being incremental fixed capital investment and incremental working capital investment. Though the analysis relationship between incremental fixed capital investment and incremental working capital investment and shareholder value indicated that shareholder value is large when incremental fixed capital investment and incremental working capital investment are small. The analysis of free cash flow by using Excel model has the advantages and disadvantages as well.

Seven value drivers have the big effect on shareholder value, however the consideration of these factors are different in different sectors or industries. Moreover the analysis of value drivers is based on forecasting ratios by historical figures, so the exact of prediction doesn’t ensure due to the market is always change and ensuring of impact real situation in the world. For example, Thorntons Plc is a company which engaged the retailing and manufacturing the sweet food, so its sales will significant increase in Eater holiday or Mother’s day soon.

If its sales raised leading to change others ratios and the prediction will go wrong. The analysis of value driver of Thorntons Plc indicated the important role of sales growth and profit margin to shareholder value. Although the excel model using for analysis has the drawback but it is helpful for investors and firm in the valuation of shareholder value. The consideration of value drivers will help the firm in enhance of management and having the more effective decision business.

Calculate the price
Make an order in advance and get the best price
Pages (550 words)
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
How it works
Receive a 100% original paper that will pass Turnitin from a top essay writing service
step 1
Upload your instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
Pro service tips
How to get the most out of your experience with MyhomeworkGeeks
One writer throughout the entire course
If you like the writer, you can hire them again. Just copy & paste their ID on the order form ("Preferred Writer's ID" field). This way, your vocabulary will be uniform, and the writer will be aware of your needs.
The same paper from different writers
You can order essay or any other work from two different writers to choose the best one or give another version to a friend. This can be done through the add-on "Same paper from another writer."
Copy of sources used by the writer
Our college essay writers work with ScienceDirect and other databases. They can send you articles or materials used in PDF or through screenshots. Just tick the "Copy of sources" field on the order form.
See why 20k+ students have chosen us as their sole writing assistance provider
Check out the latest reviews and opinions submitted by real customers worldwide and make an informed decision.
The support team was late responding , my paper was late because the support team didn't respond in a timely manner. The writer of the paper finally got it right but seems there was a problem getting the revisioin to me.
Customer 452773, April 7th, 2024
Customer 452773, January 25th, 2024
Leadership Studies
excellent job
Customer 452773, August 26th, 2023
Looks great and appreciate the help.
Customer 452675, April 26th, 2021
Business and administrative studies
excellent job thank you Your Score 166.25/ 175- A 1. Current Culture 15% of total grade 18.37 Criterion "1. Current Culture" has textual feedback Criterion Feedback I see interesting points, though, in general they are not about the culture.
Customer 452773, June 4th, 2023
Business and administrative studies
excellent job!
Customer 452773, May 25th, 2023
I just need some minor alterations. Thanks.
Customer 452547, February 10th, 2021
Leadership Studies
excellent job
Customer 452773, August 3rd, 2023
Business and administrative studies
excellent paper
Customer 452773, March 3rd, 2023
excellent job
Customer 452773, August 12th, 2023
English 101
IThank you
Customer 452631, April 6th, 2021
Customer 452773, March 21st, 2024
Customer reviews in total
Current satisfaction rate
3 pages
Average paper length
Customers referred by a friend
15% OFF your first order
Use a coupon FIRST15 and enjoy expert help with any task at the most affordable price.
Claim my 15% OFF Order in Chat

Sometimes it is hard to do all the work on your own

Let us help you get a good grade on your paper. Get professional help and free up your time for more important courses. Let us handle your;

  • Dissertations and Thesis
  • Essays
  • All Assignments

  • Research papers
  • Terms Papers
  • Online Classes
Live ChatWhatsApp