Group work requirements : Part: 1. Examine whether is there any separation between the management of a business and its owners. If yes, also assess how much power owners have in monitoring management and influencing decisions. If the company has borrowed money, either in the form banks or in the form of bonds, evaluate the potential for conflicts of interest between the equity investors and lenders and how it is managed. If your company has been rated by a ratings agency (S&P, Moodys, and Fitch), find out the bond rating and the rating agencys views of the company. Look at company from society perspective. Good or bad reputation company has from employees and society in general. 2. Calculate the financial ratios (liquidity, profitability, capital structure, market value, leverage ratios, activity measures) of the selected company. Perform an analysis of the companys financial ratios, measuring changes over the last 3 years period. Find out sectors average financial ratios (i. e., Reuters.com; Yahoo finance). Compare common theme different companies results together and with sector average results. 3. Evaluate how much your company has actually returned to stockholders in the last few years and in what form (dividends/buybacks). Look how much the company has paid out dividends each year in absolute terms and as a percentage of net income each year. Formulate key assumptions and factors that may affect your companys future development and revenue (i.e., growth of the company). Decide your company growth rate. (Growth rate forecasting can be based on industry situation, consumer demand, market growth trends, company strategic plans, macroeconomic growth forecasts, etc.). Based on the company's historical financial statements and projected growth rate, forecast the company's free cash flow for 5 years. 4. Calculate the companys current cost of capital for each funding source and determine the weighted average cost of capital (WACC). 5. Calculate the value of the company by using discounted cash flow (DCF) model and 2 other methods. Compare the results. Make final assumptions. _{If there are 4 people in the group, 4 companies have to be analyzed in 1-st and 2-cond part. After that wisely choose only 2 of 4 companies for 3-5 parts. If there are 5 people in the group, you are lucky, in 3-5 part for your group also only 2 companies analyze are required.}