Use the given financial statements of Home depot to prepare a comprehensive financial analysis of this firm.

The analysis to be included:

1. A qualitative assessment and narrative of the firms overall financial position
2. Analysis of the firms industry and their competitive position within that industry.
3. Detailed spreadsheet presentation of the WACC model
4. Detailed discounted cash flow analysis
5. 5-year analysis of the firms financial statements

(To include relevant ratio analysis).

6. Recommendation (buy/sell, long- or short-term) and rationale.

   Cash Flow

   All numbers in thousands

   Period Ending	2/3/2019	1/28/2018	1/29/2017	1/31/2016
   Net Income	11,121,000	8,630,000	7,957,000	7,009,000
   Operating Activities, Cash Flows Provided By or Used In
   Depreciation	2,152,000	2,062,000	1,973,000	1,863,000
   Adjustments To Net Income	426,000	693,000	271,000	100,000
   Changes In Accounts Receivables	33,000	139,000	-138,000	-181,000
   Changes In Liabilities	849,000	572,000	428,000	1,012,000
   Changes In Inventories	-1,244,000	-84,000	-769,000	-546,000
   Changes In Other Operating Activities	-257,000	-10,000	-48,000	-38,000
   Total Cash Flow From Operating Activities	13,038,000	12,031,000	9,783,000	9,373,000
   Investing Activities, Cash Flows Provided By or Used In
   Capital Expenditures	-2,442,000	-1,897,000	-1,621,000	-1,503,000
   Investments	-	-	-	144,000
   Other Cash flows from Investing Activities	14,000	-4,000	-4,000	-4,000
   Total Cash Flows From Investing Activities	-2,416,000	-2,228,000	-1,583,000	-2,982,000
   Financing Activities, Cash Flows Provided By or Used In
   Dividends Paid	-4,704,000	-4,212,000	-3,404,000	-3,031,000
   Sale Purchase of Stock	-	-	-	-
   Net Borrowings	2,037,000	3,298,000	2,274,000	4,012,000
   Other Cash Flows from Financing Activities	-26,000	-211,000	-78,000	4,000
   Total Cash Flows From Financing Activities	-12,420,000	-8,870,000	-7,870,000	-5,787,000
   Effect Of Exchange Rate Changes	-19,000	124,000	-8,000	-111,000
   Change In Cash and Cash Equivalents	-1,817,000	1,057,000	322,000	493,000

Income Statement

Revenue	2/3/2019	1/28/2018	1/29/2017	1/31/2016
Total Revenue	108,203,000	100,904,000	94,595,000	88,519,000
Cost of Revenue	71,043,000	66,548,000	62,282,000	58,254,000
Gross Profit	37,160,000	34,356,000	32,313,000	30,265,000
Operating Expenses
Research Development	-	-	-	-
Selling General and Administrative	19,513,000	17,694,000	17,132,000	16,801,000
Non Recurring	-	-	-	-
Others	-	-	-	-
Total Operating Expenses	92,426,000	86,053,000	81,168,000	76,745,000
Operating Income or Loss	15,777,000	14,851,000	13,427,000	11,774,000
Income from Continuing Operations
Total Other Income/Expenses Net	-1,221,000	-1,153,000	-936,000	-753,000
Earnings Before Interest and Taxes	15,777,000	14,851,000	13,427,000	11,774,000
Interest Expense	-1,051,000	-1,057,000	-972,000	-919,000
Income Before Tax	14,556,000	13,698,000	12,491,000	11,021,000
Income Tax Expense	3,435,000	5,068,000	4,534,000	4,012,000
Minority Interest	-	-	-	-
Net Income From Continuing Ops	11,121,000	8,630,000	7,957,000	7,009,000
Non-recurring Events
Discontinued Operations	-	-	-	-
Extraordinary Items	-	-	-	-
Effect Of Accounting Changes	-	-	-	-
Other Items	-	-	-	-
Net Income
Net Income	11,121,000	8,630,000	7,957,000	7,009,000
Preferred Stock And Other Adjustments	-	-	-	-
Net Income Applicable To Common Shares	11,121,000	8,630,000	7,957,000	7,009,000