Seminar Assignment 1 The case company on this course is Assa Abloy (publ.), corporate identity number 556059 . 3575. ASSA ABLOY B is listed on Nasdaq OMX Nordic's Large Cap list, Construction and Materials sector under the ticket ACAD. This assignment is designed to give a first step for the valuation of Assa Abloy. You are expected to use information from open sources, such as Assa Abloy's website, Yahoo. The assignment includes four sub-assignments of Assa Abloy plus one of relative valuation: A. Estimate the beta for Assa Abloy See file "Introductions Beta Computation" B. Discuss and estimate the optimal capital structure for Assa Abloy. See file "Optimal Capital Structure" C. Discuss and estimate the dividend for Assa Abloy. See file "Optimal Dividend Policy" D. Discuss the ownership structure of Assa Abloy, with a focus on how the ownership structure may affect the value of the company. See file "Ownership Structure" E. Relative valuation. Perform a relative valuation (which are over and which are under valuated) of the 17 pharmaceutical companies in the file "Assignment 1.xis". Use the ratios P/E,P/S and P/BV. See file "Relative Valuation" General 1. Your report can be prepared as a set of Word and Excel documents and should be submitted electronically on Athena on the course website. NOTICE Your report may not exceed 5 Word pages. 2. Cite any sources that you use. You may use any reasonable method to do this (e.g. footnotes, endnotes, parenthetical notations). I expect that most of your data will come from other sources, so be careful about citing properly. 3. Use standard English, complete sentences, correct spelling, and good grammar. I grade for style and presentation as well as the content. (I do like bullet points where they are appropriate.) 4. Even if you will spread the work on the project, each member should be familiar with every part of the project. Seminar Assignment 1 The case company on this course is Assa Abloy (publ.), corporate identity number 556059 . 3575. ASSA ABLOY B is listed on Nasdaq OMX Nordic's Large Cap list, Construction and Materials sector under the ticket ACAD. This assignment is designed to give a first step for the valuation of Assa Abloy. You are expected to use information from open sources, such as Assa Abloy's website, Yahoo. The assignment includes four sub-assignments of Assa Abloy plus one of relative valuation: A. Estimate the beta for Assa Abloy See file "Introductions Beta Computation" B. Discuss and estimate the optimal capital structure for Assa Abloy. See file "Optimal Capital Structure" C. Discuss and estimate the dividend for Assa Abloy. See file "Optimal Dividend Policy" D. Discuss the ownership structure of Assa Abloy, with a focus on how the ownership structure may affect the value of the company. See file "Ownership Structure" E. Relative valuation. Perform a relative valuation (which are over and which are under valuated) of the 17 pharmaceutical companies in the file "Assignment 1.xis". Use the ratios P/E,P/S and P/BV. See file "Relative Valuation" General 1. Your report can be prepared as a set of Word and Excel documents and should be submitted electronically on Athena on the course website. NOTICE Your report may not exceed 5 Word pages. 2. Cite any sources that you use. You may use any reasonable method to do this (e.g. footnotes, endnotes, parenthetical notations). I expect that most of your data will come from other sources, so be careful about citing properly. 3. Use standard English, complete sentences, correct spelling, and good grammar. I grade for style and presentation as well as the content. (I do like bullet points where they are appropriate.) 4. Even if you will spread the work on the project, each member should be familiar with every part of the project
