a a fes| Totalt aa -- | ML card Bes | - - HE to T | ) b) Based on the latest market price per share (provided in the Exam Data File), would you recommend a shareholder buy, sell or hold based on the DCF price you have calculated? (1 mark) Click here to enter text. c) Using the average peer P/E ratio and the firms earnings per share, calculate the current value of Longi Green Energy Technology using the P/E ratio multiple. (1 mark) Click here to enter text. d) Based on the current market price per share, would you recommend a shareholder buy, sell or hold based on the P/E ratio you have calculated? (1 mark) Click here to enter text. e) What is the difference between the DCF and multiples approaches and based on this, which method would you place the most emphasis on when giving advice? (2 marks) Click here to enter text. Net Income Depreciation And After Taxes Amortization (million, usd) (million, usd) 798.24 7.98 Accounts Receivable (million, usd) Accounts Total Payable Inventory (million, usd) (million, usd) 549.53 804.68 913.00 158.86 894.46 628.89 Common Shares Outstanding 5.02 485.06 Total Liabilities Total Liabilities And (million, usd) Shareholders' 4549.85 8518.48 Total Equity (million, usd) Capital Expenditures (million, usd) 3772.02 3968.63 -386.34 SO56.87 1020458 16437.82 6233.25 GICS Industry Net Sales Name (million, usd) LONGi Green Energy Semiconductors & Semiconductor 4725.42 Technology Co Ltd Equipment Semiconductor Semiconductors & Manufacturing International Semiconductor 3115.67 Corp Equipment LONGi Green Energy Semiconductors & Changes in Semiconductor Technology Co Ltd Working Equipment Capital Semiconductor Semiconductors & Manufacturing International Semiconductor -398.22 Corp Equipment LONGi Green Energy Semiconductors & Semiconductor -162.17 Technology Co Ltd Equipment Semiconductor Semiconductors & Cost of Manufacturing International Semiconductor Revenue (Cost Corp Equipment of Goods LONGi Green Energy Semiconductors & Semiconductor 3411.72 Technology Co Ltd Equipment Semiconductor Manufacturing Semiconductors & Semiconductor 2473.21 International Comp Equipment Other Information tax rate 25.00% Beta 1.4 Long-term growth rate 1.50% Risk free rate 2.449 Market risk premium 6.26% -1880.84 Price Close (usd) Beta After tax Cost of Debt, (%) Earnings Per Share Historic P/E 10.20 1.41 1.8% 0.34 16.89 0.80 2.1% 0.07 35.39 + a a fes| Totalt aa -- | ML card Bes | - - HE to T | ) b) Based on the latest market price per share (provided in the Exam Data File), would you recommend a shareholder buy, sell or hold based on the DCF price you have calculated? (1 mark) Click here to enter text. c) Using the average peer P/E ratio and the firms earnings per share, calculate the current value of Longi Green Energy Technology using the P/E ratio multiple. (1 mark) Click here to enter text. d) Based on the current market price per share, would you recommend a shareholder buy, sell or hold based on the P/E ratio you have calculated? (1 mark) Click here to enter text. e) What is the difference between the DCF and multiples approaches and based on this, which method would you place the most emphasis on when giving advice? (2 marks) Click here to enter text. Net Income Depreciation And After Taxes Amortization (million, usd) (million, usd) 798.24 7.98 Accounts Receivable (million, usd) Accounts Total Payable Inventory (million, usd) (million, usd) 549.53 804.68 913.00 158.86 894.46 628.89 Common Shares Outstanding 5.02 485.06 Total Liabilities Total Liabilities And (million, usd) Shareholders' 4549.85 8518.48 Total Equity (million, usd) Capital Expenditures (million, usd) 3772.02 3968.63 -386.34 SO56.87 1020458 16437.82 6233.25 GICS Industry Net Sales Name (million, usd) LONGi Green Energy Semiconductors & Semiconductor 4725.42 Technology Co Ltd Equipment Semiconductor Semiconductors & Manufacturing International Semiconductor 3115.67 Corp Equipment LONGi Green Energy Semiconductors & Changes in Semiconductor Technology Co Ltd Working Equipment Capital Semiconductor Semiconductors & Manufacturing International Semiconductor -398.22 Corp Equipment LONGi Green Energy Semiconductors & Semiconductor -162.17 Technology Co Ltd Equipment Semiconductor Semiconductors & Cost of Manufacturing International Semiconductor Revenue (Cost Corp Equipment of Goods LONGi Green Energy Semiconductors & Semiconductor 3411.72 Technology Co Ltd Equipment Semiconductor Manufacturing Semiconductors & Semiconductor 2473.21 International Comp Equipment Other Information tax rate 25.00% Beta 1.4 Long-term growth rate 1.50% Risk free rate 2.449 Market risk premium 6.26% -1880.84 Price Close (usd) Beta After tax Cost of Debt, (%) Earnings Per Share Historic P/E 10.20 1.41 1.8% 0.34 16.89 0.80 2.1% 0.07 35.39 +
