quantitative research methods, Lab Reports of Finance

Download quantitative research methods and more Lab Reports Finance in PDF only on Docsity! ee Bristol | {3° Faculty of Business and Law sr) ACADEMIC YEAR 2021/22 ASSESSMENT BRIEF Module Code: UMACLK-15-M Module Title: Financial Statement Analysis Submission Deadline: January 2022 Assessment Component B Assessment Weighting: 70% of total module mark Marking and feedback January 2022 deadline (20 working days) Assessment Instructions You are a respected city analyst who specialises in advising clients who are interested in purchasing equities in a given industry sector. You are asked to give investment advice on a company to be agreed at an early opportunity with the module leader. Your company must be: . Discussed and agreed with the module leader by 30" October 2021 . Quoted on a major stock exchange (e.g. LSE, NYSE, NASDAQ, HOSE and HNX of Vietnam) . A prominent company, for which significant information is publicly available in English (both financial and non-financial information) . Drawn from a mainstream industry where there are readily identifiable peers (competitors) for which you can also gather good financial information . Drawn from an industry where you can gather good industry-wide information and from a country where there is readily available macroeconomic indicator information Requirement for the Equity Analyst’s Report You are to produce a company (equity) analysis report. It is expected that you will use the full range of information sources available to you (including DataStream, Osiris, and Bloomberg, where possible) to complete your assignment. Once you have completed your student tearsheet presentation exercise and received some informal, formative feedback from your module leader and informal feedback from your module colleagues, you must engage in deeper analysis to produce a full equity analyst’s report. The report must be word-processed and the length must not exceed 3,000 words. Your report must contain the following sections: a) Analyst's tearsheet; b) Company profile, including a segmental analysis; c) Macroeconomic analysis; d) Industry analysis; e) Competitor analysis, using Porter’s Five Forces model; f) Discussion of the company’s business model and corporate strategy; g) Analysis of key corporate events and activities (if relevant); h) A summary analysis of the company’s financial statements; i) A full financial ratio analysis, including trend analysis, comparison with industry ratios, the identification and computation of customised industry ratios; j) Company valuations, employing dividend models (where appropriate) and multiples models, with all assumptions justified; k) A basic free cash flow model, with an Excel printout of that model to be placed in the appendix, along with a justification of the assumptions made; 1) A conclusion which summarises the key points made across your report, the outlook for the company, and the investment recommendation, the latter of which compares your valuations with the current market price; m) A references section at the end of your report. Your report is to be pitched at fund managers who require investment advice on buying/selling shares in the company you have selected. You must clearly reference any material you have used at the end of your report and carefully source all data tables, graphs, and material from other parties, giving the date at which the data was collected. Please feel free to discuss your case company with your module leader throughout the term, particularly where your question relates to the lecture topic or tutorial exercise in a given week. Further, you can email your module leader with coursework related questions at any time at phuonghoaneu@ gmail.com. Marking Criteri The following criteria will be used in evaluating this assessment: 10% Presentation and quality of the final report 20% Depth of analysis of the macroeconomic and industry environment 20% Quality of analysis of the company, its business model, and its strategy 20% Competency of financial statement analysis 20% Quality of equity valuations 10% — Credibility of outlook and investment recommendation 100% of report mark Formative feedback and Support Formative feedback provides opportunities to reflect on your ongoing work and preparation for your assignment. During the term you will be asked to complete various tasks related to your case companies and you will be asked to present a tearsheet for your company. You will receive oral feedback on your work, please listen carefully and take notes. Formatting Please use the following file format: Microsoft Word. We cannot ensure that other formats are compatible with markers’ software. All work should be word processed in 12-point font Times New Roman or Arial or any font that would be used in a professional work setting. The first page of your coursework must include: * Your student Number ¢ The module Name and Number * Your word Count * Name of your case study company Word Limit The maximum word limit for this coursework is 3,000 words. * This word count includes everything in the main body of the text (including headings, tables, citations, quotes, lists, etc.). * The references and appendix material are NOT included in this word count. * There is no direct penalty for exceeding the word count, but the marker WILL stop reading once the maximum word limit has been reached and nothing further will be taken into account in the allocation of marks. You can view the UWE word count policy here: http://www1.uwe.ac.uk/aboutus/policies