Write a Memorandum for the Iron Gate Technologies Case Study. The main objective of your analysis has to deal with whether, as Steve Beitler, you would invest in Iron Gate and what valuation you would offer (pre-money valuation). In preparing your memo you may find it valuable to cover the following topics.
Attached is the Memorandum Guidance and I also attached the Course Packet (Starts on Page 61).
Part A – Market Risk
First you have to choose five banking sector stocks and calculate VaR using variance -covariance method, historical simulation method, Monte Carlo and conditional var. VaR shows the expected loss of a portfolio.
5 stocks , equally weighted (20% each) and amount is 1,000,000.
You’ll calculate it and you’ll also talk about the advantages and limitations of these methods and show comparison.
For calculation you need daily prices of stocks (you can take from Yahoo finance) for 1 year or for 5 year .
At the end you’ll write for new developments in VaR techniques.
Word count for part A is 1,200 words
Using the Healthcare Budget Request Guide for guidance, complete the worksheet tab titled “W1A1 HealthWays Budget”.
do some research, and discuss current event issues related to finance.
Below you will see the research we will be doing
The Topic
Let’s use our Discussion Board to continue to familiarize ourselves with what is out there in cyberspace to support business people.
Check out the following sites:
Visit and explore the NYSE site at http://www.nyse.com
The AMEX site contains market information and other features at http://www.amex.com.
Find information on small companies at http://www.nasdaq.com.
Select a company from the NYSE list at http://www.nyse.com. Use the “Search” box in the upper right corner or the “Listings” tab on the left side to find the company of your choice, and then review its stock quotes, market data, annual reports, etc.
Interest rate info in a nutshell is available at http://www.Channel3000.com/money.
For info on government securities see https://www.treasurydirect.gov/.
To learn more about interest rates and yield curves visit the Federal Reserve Bank of St. Louis.
If you have trouble clicking on these locations just copy/paste the link to your address bar.
comment on things you found interesting at these websites … go ahead, explore them, enjoy them and tell us something about your trip. Although you are not required to comment on every website, it would be helpful if you at least briefly visit each one.
Quantity is IMPORTANT, BUT QUALITY is more important. Say something deep & intuitive; don’t just rephrase something you read or another student’s posting.
Discussion Grading Criteria:
(40) Thoroughly answered all questions
(10) Original post by Thursday
(20) Quality of responses to at least two classmates
(10) References to text and/or other sources
(10) Spelling & grammar at college level
(10) Posted on 3 separate days
TOTAL: 100 points
thank you
Provide your recommendation in regards to the investment in stock Nissan Motor. You can choose any stock with positive earnings (at least 3 years) and that regularly pays dividends. I wanted to do Nissan Motor Stock. Once you conclude your analysis. Conversely, if you find that the stock is undervalued, you will provide a positive recommendation. You should base your analysis on the two methods you are most acquainted with (DDM, PE). You may as well prepare a Discounted Cash Flow Model Valuation using the template provided on the Excel File (DCF Tab) (Doing so would be rewarded this with one (1) additional bonus point). You should include a qualitative analysis where you detail the reasons supporting your chosen “super-normal growth rate”. You should also justify your chosen time-horizon of this “super-normal growth” stage of the business cycle of the firm (how long the firm will grow at this super normal rate before using the long term growth rate) The qualitative analysis must be at least 2 pages (single-spaced and typed), you should comment on all of the parameters in the Excel sheet “Assumptions”. Your valuation calculations should be also included after these 2-page qualitative analysis. Please include a brief SWOT Analysis. For calculation of Beta, your historical observation period will be 2019 – 2021 both these years included (3-Year Period). Use monthly prices and hence monthly returns. Find the Expected Return according to the Capital Asset Pricing Model. What is your stock’s average return for the last 3 years? Is this average return higher or lower than the Expected Return obtained from CAPM? Compare your valuations against the market price. Is the market price overvalued or undervalued? What is your recommendation? Assumptions and Remarks: * You must show your calculations for Beta. Remember to use 36 months. You can vary this timeframe providing the reasons to do so. * Assume a Long-Term Growth rate of 3% and a Risk-Free rate of 2%. Assume MRP is 5%. * When calculating your firm’s WACC (if you opt to complete the Discounted Cash Flow Model), you do not need to calculate the cost of debt. You can find it online and cite your source. * Please indicate your sources for all data used in your valuation. * You may find data for Quarterly Dividends. However, use the total yearly Dividends when estimating the stock value using DDM (Dividend Discount Model). * Consider returns of S&P500 as return of the market. * You should choose a stock that has paid dividends at least for the past three years. In addition, the stock must have positive earnings (profits) for the last three years at least. I will attach the excel file here so the writer can you use to help with it and if I need to pay extra no problem.
Objective
To understand how to interpret financial reports and how to use financial information as a decision-making tool.
Assignment:
Select one publicly traded hotel or food service company to analyze. You must submit your choice to your instructor for approval. Each student must analyze a different company. Analyze the financial health of the company over the last three most recent years (2019, 2018, and 2017 for example) by reviewing the 10-K report for the company. MUST BE A PUBLIC COMPANY! MUST FIND IT ON THE STOCK EXCHANGE. OTHERWISE, 0. You have to show me the financials (add it to the project) — you can get them from Google Finance or Yahoo Finance. Anywhere you can get the annual report.
Introduction to your report with summary findings (you complete this part last but place it first in your paper)
An analysis overview which includes background information of the company and the industry. This should include:
A summary of the firm’s history
The firm’s main customer’s and competition
A financial analysis – You must show all your work and fully analyze each ratio.
You are NOT ALLOWED to cut and paste any charts or graphs!
Variance analysis of (1) Assets and (2) Liabilities.
Variance analysis of the organization’s liquidity – (3) current ratio
Variance analysis of solvency – (4) debt/equity ratio and (5) solvency ratios
Variance analysis of profitability – (6) operating income (EBITA), (7) Return on assets.
Analysis of the firm’s stock: (8) price per share and (9) earnings per share (EPS)
For each ratio, create a table that shows your calculations and then below the table, explain what the ratio means and what your analysis shows year over year.
Based on your calculations, explain the financial health of the company.
Review a current business article about your chosen company that discusses or predicts the financial future of the company. Based on your analysis, explain if you agree or disagree and why.
