The financial statement that should be used are below also. Can I get some help please
Here is an example of what to be done.
All students are being assigned an individual company to prepare a stock valuation model, which is to be based on material covered in Chapters 18,7 and 10 . I will only allow one stock valuation model for each company (no two students can prepare a model of the same company) so it is important that you contact me if you decide to change your assigned company. -As previously announced, I have expanded this assignment to include material that otherwise would be on the second midterm exam, which is now a part of this assignment. The additional questions can be found on the following pages. -The assignment requires a copy of the latest annual report (10-K) of your assigned company. You will need to use the financial statements portion to complete the assignment, which can be obtained through several sources. Some major sources include: 1) The company's Investor Relations Department. 2) A business library, such as the Baruch College Library or the Business and Science Library in New York City. 3) The company's web site, where a copy can usually be downloaded directly. 4) A web site that accesses EDGAR, the SEC's corporate filing center. This can be accessed from Yahoo (under the company's profile) or through sites such as Free EDGAR (www.freeedgar.com) and EDGAR Online (www.edgar-online.com). 5) An annual report service, which is provided by major financial information companies such as Dow Jones. -A pro forma Income Statement must be prepared in MS Excel, using a minimum projection of three years, as based on pro forma projections discussed in Chapter 18 . You need to include the most recent income statement for your company that is part of the 10K. This information can then be used to calculate the fair value of the company's stock price, as based on the stock You will need to use the financial statements portion to complete the assignment, which can be obtained through several sources. Some major sources include: 1) The company's Investor Relations Department. 2) A business library, such as the Baruch College Library or the Business and Science Library in New York City. 3) The company's web site, where a copy can usually be downloaded directly. 4) A web site that accesses EDGAR, the SEC's corporate filing center. This can be accessed from Yahoo (under the company's profile) or through sites such as Free EDGAR (www.freeedgar.com) and EDGAR Online (www.edgar-online.com). 5) An annual report service, which is provided by major financial information companies such as Dow Jones. -A pro forma Income Statement must be prepared in MS Excel, using a minimum projection of three years, as based on pro forma projections discussed in Chapter 18. You need to include the most recent income statement for your company that is part of the 10K. This information can then be used to calculate the fair value of the company's stock price, as based on the stock valuation formulas discussed in Chapters 7 and 10. All assumptions and formulas used for the pro forma projections and the company's fair value must be included at the end of your model. Once a fair value is reached, this can be compared to a recent quote of the company's stock price to determine whether or not the company is fairly valued at its most recent trading price. A separate attachment provides an example of how this should be constructed. ENDN MOTAD NMDANV AND SIIRSIDIARIFS CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (in millions) ix. (Note 23) net of tax able to norconiroling intarests e to Ford Motor Company The paccorfyanying notes ate part of the convelidated financiar atatementa. XYZ Corporation Eamings Model Income \& Pro Forma income Statements 12/31/20 and PF12/31/21 to 12/31/23 Earnings Model Projections and Assumptions: -Pro forma sales growth is 15% per year - Common Size values are calculated as a percentage of sales, unless noted otherwise -DPS is calculated as Dividends / 100 Million Shares Outstanding - Dividends are expected to grow at a constant rate of 10% after pi2024 -The required return is 20% -The value of this company is calculated as PO=D1/(1+r)+D2/(1+r)2+D3/(1+r)3+P3/(1+r)/3 Where P3 = D3 (1+g)/rg or D4/rg Using the Projections from XYZ Corporation's Earnings Model, PO=2.52/(1+0.20)+2.90/(1+0.20)2+3.34/(1+0.20)3+36.70/(1+0.20)WhereP3=$3.67/0.200.10P0=$27.28P0=$2.10+$2.01+$1.93+$21.39P(1.39 Where P3=$3.67/0.200.10 P0=$2.10+$2.01+$1.93+$21.39 PO=$27.28 -Once an estimated value is established, there are three possible v i scenarios when it is compared to a recent quote, as follows: All students are being assigned an individual company to prepare a stock valuation model, which is to be based on material covered in Chapters 18,7 and 10 . I will only allow one stock valuation model for each company (no two students can prepare a model of the same company) so it is important that you contact me if you decide to change your assigned company. -As previously announced, I have expanded this assignment to include material that otherwise would be on the second midterm exam, which is now a part of this assignment. The additional questions can be found on the following pages. -The assignment requires a copy of the latest annual report (10-K) of your assigned company. You will need to use the financial statements portion to complete the assignment, which can be obtained through several sources. Some major sources include: 1) The company's Investor Relations Department. 2) A business library, such as the Baruch College Library or the Business and Science Library in New York City. 3) The company's web site, where a copy can usually be downloaded directly. 4) A web site that accesses EDGAR, the SEC's corporate filing center. This can be accessed from Yahoo (under the company's profile) or through sites such as Free EDGAR (www.freeedgar.com) and EDGAR Online (www.edgar-online.com). 5) An annual report service, which is provided by major financial information companies such as Dow Jones. -A pro forma Income Statement must be prepared in MS Excel, using a minimum projection of three years, as based on pro forma projections discussed in Chapter 18 . You need to include the most recent income statement for your company that is part of the 10K. This information can then be used to calculate the fair value of the company's stock price, as based on the stock You will need to use the financial statements portion to complete the assignment, which can be obtained through several sources. Some major sources include: 1) The company's Investor Relations Department. 2) A business library, such as the Baruch College Library or the Business and Science Library in New York City. 3) The company's web site, where a copy can usually be downloaded directly. 4) A web site that accesses EDGAR, the SEC's corporate filing center. This can be accessed from Yahoo (under the company's profile) or through sites such as Free EDGAR (www.freeedgar.com) and EDGAR Online (www.edgar-online.com). 5) An annual report service, which is provided by major financial information companies such as Dow Jones. -A pro forma Income Statement must be prepared in MS Excel, using a minimum projection of three years, as based on pro forma projections discussed in Chapter 18. You need to include the most recent income statement for your company that is part of the 10K. This information can then be used to calculate the fair value of the company's stock price, as based on the stock valuation formulas discussed in Chapters 7 and 10. All assumptions and formulas used for the pro forma projections and the company's fair value must be included at the end of your model. Once a fair value is reached, this can be compared to a recent quote of the company's stock price to determine whether or not the company is fairly valued at its most recent trading price. A separate attachment provides an example of how this should be constructed. ENDN MOTAD NMDANV AND SIIRSIDIARIFS CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (in millions) ix. (Note 23) net of tax able to norconiroling intarests e to Ford Motor Company The paccorfyanying notes ate part of the convelidated financiar atatementa. XYZ Corporation Eamings Model Income \& Pro Forma income Statements 12/31/20 and PF12/31/21 to 12/31/23 Earnings Model Projections and Assumptions: -Pro forma sales growth is 15% per year - Common Size values are calculated as a percentage of sales, unless noted otherwise -DPS is calculated as Dividends / 100 Million Shares Outstanding - Dividends are expected to grow at a constant rate of 10% after pi2024 -The required return is 20% -The value of this company is calculated as PO=D1/(1+r)+D2/(1+r)2+D3/(1+r)3+P3/(1+r)/3 Where P3 = D3 (1+g)/rg or D4/rg Using the Projections from XYZ Corporation's Earnings Model, PO=2.52/(1+0.20)+2.90/(1+0.20)2+3.34/(1+0.20)3+36.70/(1+0.20)WhereP3=$3.67/0.200.10P0=$27.28P0=$2.10+$2.01+$1.93+$21.39P(1.39 Where P3=$3.67/0.200.10 P0=$2.10+$2.01+$1.93+$21.39 PO=$27.28 -Once an estimated value is established, there are three possible v i scenarios when it is compared to a recent quote, as follows
