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商科论文代写 P& G as well as RIM Companies has demonstrated commendable progress in the performance of their stock in the market.
Introduction
Procter and Gamble (PG) is a multinational consumer product manufacturer with 127000 employees serving almost 180 countries world wide and provides one of the strongest collection of quality brands in a variety of sectors including health and well being, beauty Grooming, Household Care among other brands. The company which has a current market capitalization of about hundred and seventy three billion dollars provides brands that touch many lives all over the world. 商科论文代写
For the past five years, the company has had an average of 9% annual revenue growth, 13% annual earnings growth, over 3% dividend yield, as well as an average annual growth rate of about 12%. Moreover, it has had a remarkable balance sheet with a moderately low debt level. The company’s stock is impressive for long term given its current prices in the low $60s. The P/E currently stands at about 15.1. P&G Company has a solid long-term growth prospects, the dividend is moderately sized, increasing, and safe, debt levels are low, the company always has a long-term outlook, the products are fairly easy to understand and most investors probably use some of them quite often, and the company has a worldwide reach (Ruder, 2008, p88).
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介绍 商科论文代写
Procter and Gamble (PG) 是一家跨国消费品制造商,拥有 127000 名员工,为全球近 180 个国家/地区提供服务,是健康和保健、美容、家庭护理等各个领域最强大的优质品牌之一.这家目前市值约为 730 亿美元的公司提供的品牌影响了全世界许多人的生活。
过去五年,公司收入年均增长9%,盈利年均增长13%,股息收益率超过3%,年均增长率约为12%。此外,它拥有出色的资产负债表,债务水平适中。鉴于其目前处于 60 多美元的低位,该公司的股票长期来看令人印象深刻。目前市盈率约为 15.1。宝洁公司长期增长前景良好,股息规模适中,增加且安全,债务水平较低,公司始终具有长期前景,产品相当容易理解,大多数投资者可能会使用一些其中经常出现,并且该公司的影响力遍及全球(Ruder,2008,第 88 页)。
P&G Company’s performance in the market is fair in that the stock is currently trading at 63.00 x current year estimates of (EPS 3.53) per share, which is well above the market’s multiple.
Moreover, the company’s P/E ratio of 15.1 is commendable as many investors seem to pay more for the company shares due to heightened demand for the shares. The Company is therefore currently enjoying concrete business impetus ( Bathe,2008, p38).
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Research in Motion on the other hand is a Canadian-based designing, manufacturing and marketing company dealing in wireless solutions for the global mobile communications market.
It has integrated software, hardware and services that sustain multiple wireless network standards thereby providing solutions for effective access to quick information including phone, Internet and intranet-based applications, e-mail as well as short message service (SMS). RIM’s collection of products, services and entrenched technologies are used globally and include both software and hardware tools as well as blackberry wireless and RIM wireless handheld solutions. The company was founded way back in 1994 and currently has market capitalization of about 25.8billion dollars. As mentioned above, the high P/E and EPS ratios of 11 and 5.194 demonstrate the positive performance by the firm in the market. 商科论文代写
Range | 52 Wk | Open | Volume/Avg | Mkt cap | P/E | EPS | Book/Share | Short ratio | PEG | EPS est. |
48.25-49.46 | 42.53-76.95 | 48.63 | 18,136,900 | 25.802B | 11 | 5.194 | 13.80 | 1.70 | 0.61 | 1.59 |
P&G Company’s revenue is ten times that of RIM but the latter had a 66% increase in its sales compared to 9% for P & G in the same period of time. Both companies earn substantial amount of gross margins of about fifty percent even though RIM predicts a reduction in such profits to 40% in the near future. P&G Company offers annual dividend as mentioned earlier thereby paying back its strong cash-flow into shareholders’ accounts. RIM on the other hand has no dividend and the rising of its share count is inevitable. Generally, P&G Company is both large and stable in addition to manufacturing a variety of products unlike RIM which is smaller but very profitable ( Murphy, 1999, p15). However, the latter company is yet to face a competitive market environment.
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宝洁公司在市场上的表现是公平的,因为该股票目前的交易价格为每股(EPS 3.53)的当前年度估计值的 63.00 倍,远高于市场的倍数。
此外,该公司 15.1 的市盈率值得称赞,因为由于对股票的需求增加,许多投资者似乎为该公司股票支付了更多的费用。因此,该公司目前正享受着具体的业务动力(Bathe,2008,第 38 页)。
Price | 61.86 | Change | + 1.06 | |
Volume | 30,695,041 | % Change | 1.74% | |
High | 62.00 | 52 Wk. High | 64.58 | |
Low | 60.90 | 52 Wk. Low | 39.37 | |
Open | 61.00 | Currency | US Dollar | |
Previous Close | 60.80 | Exchange | NYSE |
另一方面,Research in Motion 是一家总部位于加拿大的设计、制造和营销公司,为全球移动通信市场提供无线解决方案。
它集成了支持多种无线网络标准的软件、硬件和服务,从而提供了有效访问快速信息的解决方案,包括电话、互联网和基于 Intranet 的应用程序、电子邮件以及短消息服务 (SMS)。 RIM 的产品、服务和根深蒂固的技术集合在全球范围内使用,包括软件和硬件工具以及黑莓无线和 RIM 无线手持解决方案。该公司成立于 1994 年,目前市值约为 258 亿美元。如上所述,11 和 5.194 的高市盈率和每股收益证明了公司在市场上的积极表现。 商科论文代写
Range | 52 Wk | Open | Volume/Avg | Mkt cap | P/E | EPS | Book/Share | Short ratio | PEG | EPS est. |
48.25-49.46 | 42.53-76.95 | 48.63 | 18,136,900 | 25.802B | 11 | 5.194 | 13.80 | 1.70 | 0.61 | 1.59 |
宝洁公司的收入是 RIM 的十倍,但后者的销售额增长了 66%,而同期宝洁的销售额增长了 9%。尽管 RIM 预测在不久的将来此类利润会下降到 40%,但两家公司的毛利率都在 50% 左右。如前所述,宝洁公司提供年度股息,从而将其强劲的现金流返还到股东账户中。另一方面,RIM 没有分红,其股票数量的增加是不可避免的。一般来说,宝洁公司除了制造各种产品之外,既规模大又稳定,不像 RIM 规模小但利润丰厚(墨菲,1999 年,第 15 页)。然而,后者公司尚未面临竞争激烈的市场环境。
Comparison of P&G and RIM against S&P Index 商科论文代写
P& G as well as RIM Companies has demonstrated commendable progress in the performance of their stock in the market. The table below summarizes the comparison as indicated in the prices of the stock of the aforementioned companies as well as other variables including market capitalization, volume of the shares traded as well as the upper and lower limits of the prices of shares traded (Murphy, 1999, p15). 商科论文代写
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As demonstrated above, P&G Company is a large and stable company compared to RIM as per the amount of market capitalization. S&P 500 seems smallest of the three. Besides, the volume of shares traded determines the willingness of an investor to dispose off the company shares in regard to the prevailing market conditions. In the above cases, S&P 500 has the largest volume followed by P&G and finally RIM having the lowest. The large volume of shares traded should send an alarm to any organization to analyze reasons as to why such shares are being sold.
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宝洁和 RIM 与标准普尔指数的比较 商科论文代写
宝洁和 RIM 公司的股票在市场上的表现取得了值得称道的进步。下表总结了上述公司股票价格以及其他变量的比较,包括市值、股票交易量以及股票交易价格的上下限(墨菲,1999 ,第 15 页)。
Last price | Change | Market cap | Volume | Open | High | Low | |
S&P 500 | 1165.15 | +7.09 (0.61%) | 0.00 | 3.09B | 1158.36 | 1167.73 | 1155.57 |
RIM | 49.98 | +1.12(2.29%) | 26.21B | 2.34M | 49.46 | 49.99 | 49.06 |
G&P | 61.86 | +1.06 (1.74%) | 175.53B | 30.70M | 61 | 62 | 60.9 |
如上所述,就市值而言,宝洁公司与 RIM 相比是一家大型且稳定的公司。标准普尔 500 指数似乎是三者中最小的。此外,股票交易量决定了投资者在当前市场情况下出售公司股票的意愿。在上述情况下,标普 500 的成交量最大,其次是宝洁,最后是 RIM 的成交量最低。大量交易的股票应向任何组织发出警报,以分析出售此类股票的原因。
Changes in the daily share prices are also determined by the company’s performance in the market (Krantz, 20209, p184).
Positive changes means the company is moving towards the right direction and vice versa. According to the comparison above, S&P 500 has the highest change of +7.09 but this just 0.61% change given the large amount of transactions. RIM has +1.12% translating to 2.29% and finally P&G Company with +1.06 forming 1.74%. High increases in the share prices demonstrate the consequent increase in the demand for the shares in question. Greater demand for certain shares calls for increase in the share prices. Such demand is influenced by the sound performance of a company or potentiality of its shares to improve in the near future (Murphy, 1999, p15). 商科论文代写
Procter and Gamble is a multinational company that deals with diverse products manufacture hence very stable in the market. Besides, the size of the firm offers its safety and strength in the market thereby enhancing its survival chances. It also has an effective balance sheet with low debt levels as depicted in the low equity ratio of 0.35 as well as total debt ratio of 0.46. RIM on the hand enjoys constant profitability in its operations hence can utilize the gains to expand its operations. This would enhance its stability hence survival in the competitive market (Ruder, 2008, p88).
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每日股价的变化也取决于公司在市场上的表现(Krantz,20209,P184)。
积极的变化意味着公司正朝着正确的方向前进,反之亦然。根据上面的比较,标准普尔 500 指数的最高变化为 +7.09,但鉴于交易量很大,这仅变化了 0.61%。 RIM 有 +1.12% 转换为 2.29%,最终宝洁公司以 +1.06 转换为 1.74%。股价的高涨表明对相关股票的需求随之增加。对某些股票的需求增加导致股价上涨。这种需求受到公司良好业绩或其股票在不久的将来改善的潜力的影响(墨菲,1999 年,第 15 页)。
Procter and Gamble 是一家跨国公司,涉及多种产品制造,因此在市场上非常稳定。此外,公司的规模提供了其在市场上的安全性和实力,从而提高了其生存机会。它还具有有效的资产负债表,债务水平较低,如 0.35 的低股本比率和 0.46 的总债务比率所示。 RIM 在其运营中享有持续的盈利能力,因此可以利用收益来扩大其业务。这将增强其稳定性,从而在竞争激烈的市场中生存(Ruder,2008,第 88 页)。
Risks 商科论文代写
It is noteworthy that P&G as well as RIM have some risks just like other companies. They are prone to recession no matter their resilience. People may be forced to buy cheaper products due to unfavorable economic situations such as economic recession. Besides, the company may be subjected to currency risks due to their worldwide operations, and is susceptible to changes in the prices of commodity (Bathe, 2008, p42).
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风险 商科论文代写
值得注意的是,宝洁和RIM与其他公司一样存在一定的风险。 无论他们的韧性如何,他们都容易陷入衰退。 由于经济衰退等不利的经济形势,人们可能被迫购买更便宜的产品。 此外,该公司可能因其全球业务而面临货币风险,并且容易受到商品价格变化的影响(Bathe,2008,第 42 页)。
Conclusion and recommendations 商科论文代写
The performance of the two companies discussed above is impressive. Both P&G as well as RIM companies have demonstrated positive performances as witnessed in the analysis of their stock in the market. There has been a steady increase ion the prices of both the shares in the recent past and this is expected to continue given other factors are constant. However, economic recession may alter the performance as expected. 商科论文代写
It would be beneficial to invest in a firm that is showing high potential of expansion and growth than other companies whose growth is about to stagnate. This is to say that RIM for instance, is smaller company compared to P&G Company but has demonstrated potentiality in growth and development through its continued profitability. The changes in its share prices are even higher than P&G Company as shown in some instances. P&G Company on the other hand has spread its operation globally and may not expand its operations anymore. This may discourage investments as share prices may shoot up no more. However, investing in stable organizations may be advantageous especially when predicting the future stock performance of a company is hard to pursue (Krantz, 20209, p184).
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结论和建议 商科论文代写
上述两家公司的业绩令人印象深刻。宝洁公司和 RIM 公司都表现出积极的业绩,正如对其在市场上的股票分析所证明的那样。最近这两种股票的价格一直在稳步上涨,鉴于其他因素不变,预计这种情况将持续下去。然而,经济衰退可能会改变预期的表现。
与其他增长即将停滞的公司相比,投资于一家显示出更高扩张和增长潜力的公司将是有益的。这就是说,例如,RIM 与宝洁公司相比规模较小,但通过其持续的盈利能力展示了增长和发展的潜力。在某些情况下,其股价的变化甚至高于宝洁公司。另一方面,宝洁公司已将其业务扩展到全球,可能不会再扩大其业务。这可能会阻碍投资,因为股价可能不会再上涨。然而,投资于稳定的组织可能是有利的,尤其是在难以预测公司未来的股票表现时(Krantz,20209,第 184 页)。
Work cited:
Bathe, Daniel. Common Risk Factors in the German Stock Market: Are Returns Predictable?
Munich: GRIN Verlag. 2008. Print.
Krantz, Matt. Fundamental Analysis for Dummies. Hoboken: For Dummies. 2009. Print.
Murphy, John. Technical analysis of the financial markets: a comprehensive guide to trading methods and applications. 2nd ed. New York: Prentice Hall Press, 1999. Print.
Ruder,David. Strategies for Investing in Intellectual Property. London: Beard Books. 2008.
print.