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How would you complete a fundamental analysis of stock pricing for Tim Horton's based on the information below? Compare the fundamental value as measured using
How would you complete a fundamental analysis of stock pricing for Tim Horton's based on the information below? Compare the fundamental value as measured using a textbook method to the current price of the stock.
Would you rate the stock a buy, hold, or sell? Explain your reasoning
Balance sheet (Statement of financial position) ($ in millions) ASSETS Current Assets Cash, cash equivalents, and short-term investments Cash and cash equivalents Receivables Inventory, net of allowances, customer. advances and progress billings Inventory Other undisclosed current assets Total current assets: Noncurrent Assets Property, plant and equipment Long-term investments and receivables Long-term investments Accounts and ancing receivable, after allowance for credit loss Intangible assets, net (including goodwill) Intangible assets, net (excluding goodwill) Other noncurrent assets Prepaid expense and other noncurrent assets Other undisclosed noncurrent assets Total noncurrent assets: TOTAL ASSETS: 12/31/2013 50 50 215 90 90 219 575 1,685 45 41 4 X 118 X 11 1,859 2,434 Annual | Quarterly 12/31/2012 120 120 179 95 95 215 609 1,553 43 41 1 4 4 X 65 11 1,675 2,284
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