5,900 research outputs found
I Remember column in which author Eva LaPlante writes of her visits to sites a
No full textI Remember column in which author Eva LaPlante writes of her visits to sites associated with E. B. White and his book Charlotte\u27s Web
Eva Murray, author of Well Out to Sea , has been a resident of Matinicus Island
No full textEva Murray, author of Well Out to Sea , has been a resident of Matinicus Island since she moved there to teach at the island\u27s one-room schoolhouse in 1987. She discusses the differences between writing from an island and writing about an island as well as her efforts to dispel some stereotypes and myths about Matinicus through her writing
Obesity of Older School Age Children Based on Physical Activity and Eating Habits
Get PDFTITLE: Obesity of Older School Age Children Based on Physical Activity and Eating Habits AUTHOR: Bc. Eva Lamačová DEPARTMENT: Department of Education SUPERVISOR: PaedDr. Eva Marádová, CSc. ABSTRACT: This thesis deals with the obesity of older school age children and their dependence on eating and exercising habits. The theoretical part summarizes knowledge regarding overweight and obesity, disease diagnosis, epidemiological trends and complications related to obesity. Emphasis is put on the evaluation of reasons to why this problem occurs, such as disease prevention, dietary and exercise recommendations, its therapy and inclusion of the issue with the secondary school curriculum. The practical part contains research focused on the nutritional status, eating and exercise habits of pupils in secondary school. The survey results are designed for use in pedagogical practice. Usage is targeted for obesity prevention in this age group during Physical Education and Health Education subjects. KEYWORDS: Obesity, overweight, eating habits, exercising habit
ANALISIS PENDEKATAN ECONOMIC VALUE ADDED (EVA) TERHADAP KINERJA KEUANGAN PADA PERUSAHAAN MAKANAN DAN MINUMAN DI BURSA EFEK INDONESIA
Get PDFEconomic Value Added (EVA is one approach to measuring the financial performance of a company by focusing on the creation of value-added enterprises. EVA shows how big the resulting rate of return on the investment made by shareholders. In this paper, the object used by the author is wrong a company engaged in the food and beverage industry in Indonesia Stock Exchange. data used is the consolidated financial statements of the company in 2011-2012. purpose of this paper is to measure the financial performance of the EVA approach to food and beverage companies 2011-2012. Results analysis of the EVA calculation shows that by using the EVA approach, the financial performance of food and beverage companies can experience a volatile period 2011-2012. In 2011 the company's financial performance has improved food and beverage d in the presence of EVA is positive that the company has succeeded in achieving its goal create value-added enterprises. But in 2012 the company's food and beverage show poor financial performance since EVA generated negative worth. This means that in 2012, the company has not been able to create value for the rate of return expected by shareholders or the investment made. Keywords: Economic Value Added (EVA
Equity research: Jerónimo Martins SGPS, SA
Get PDFThe main objective of this dissertation is to carry out a global valuation of Jerónimo Martins and determine its value per share based on cash flows forecasts. In that sense, an analysis of the company was made, as well as a market study regarding the evolution of the retail industry.
Jerónimo Martins SGPS is a Portuguese company, leader in the food retail market in Poland and one of the major players in the Portuguese market, beyond that it is also presence in the Colombian market. Jerónimo Martins also operates in the specialized retail, namely in cosmetics and confectionery markets and in the agribusiness industry. On 31/12/2020 Jerónimo Martins SGPS was listed on the Euronext Lisbon stock exchange and closed the year with a value of €13.82 per share.
To determine the company value three valuation methods were used, the DCF, the EVA and the multiples methodology.
According with the DCF model, the target price is €13.92, which represents an appreciation of 0.76% and thus the value offered by the market does not recognize the potential growth of the company. A sensitivity analysis was also performed to analyse the sensitivity of the share price to the discount rate and to the perpetual growth rate, two of the most crucial variables.
In conclusion, it was done a comparative analysis of the results obtained through the several methods, which lead to a Buy recommendation, in line with the analysis carried out by CAIXA BANK.Esta dissertação tem como principal objetivo realizar uma avaliação global à Jerónimo Martins e determinar o valor das suas ações com base nas perspetivas futuras. Para isso, foi feita uma análise da empresa e também um estudo ao mercado que engloba a evolução do setor do retalho.
A Jerónimo Martins SGPS é uma empresa portuguesa, líder no mercado alimentar na Polónia e um dos maiores players no mercado português e conta ainda com presença no mercado Colombiano. A Jerónimo Martins tem também presença no retalho especializado, nomeadamente em cosmética e confeitaria e também no mercado agro-alimentar. A 31/12/2020 a Jerónimo Martins SGPS estava cotada na bolsa de valores Euronext Lisboa e fechou o ano com as ações a valerem 13.82 euros
Para determinar o valor da empresa vão ser utilizados três métodos de avaliação, o DCF, o EVA e por último, foi utilizado o método dos múltiplos.
Segundo o modelo DCF, o preço alvo é de €13.92, o que representa uma apreciação de 0.76% e deste modo o valor oferecido pelo mercado não reconhece o potencial crescimento da empresa. Foi também realizado uma análise de sensibilidade tendo por base variações em duas das variáveis mais críticas, para que seja possível avaliar a sensibilidade do preço da ação relativamente à taxa de desconto e à taxa de crescimento perpétuo.
Em suma, é também realizada uma comparação dos resultados obtidos através dos diversos métodos, o que origina uma recomendação de compra, em linha com a análise realizada pelo CAIXA BANK
Equity research: Jerónimo Martins SGPS, SA
Get PDFThe main objective of this dissertation is to carry out a global valuation of Jerónimo Martins and determine its value per share based on cash flows forecasts. In that sense, an analysis of the company was made, as well as a market study regarding the evolution of the retail industry.
Jerónimo Martins SGPS is a Portuguese company, leader in the food retail market in Poland and one of the major players in the Portuguese market, beyond that it is also presence in the Colombian market. Jerónimo Martins also operates in the specialized retail, namely in cosmetics and confectionery markets and in the agribusiness industry. On 31/12/2020 Jerónimo Martins SGPS was listed on the Euronext Lisbon stock exchange and closed the year with a value of €13.82 per share.
To determine the company value three valuation methods were used, the DCF, the EVA and the multiples methodology.
According with the DCF model, the target price is €13.92, which represents an appreciation of 0.76% and thus the value offered by the market does not recognize the potential growth of the company. A sensitivity analysis was also performed to analyse the sensitivity of the share price to the discount rate and to the perpetual growth rate, two of the most crucial variables.
In conclusion, it was done a comparative analysis of the results obtained through the several methods, which lead to a Buy recommendation, in line with the analysis carried out by CAIXA BANK.Esta dissertação tem como principal objetivo realizar uma avaliação global à Jerónimo Martins e determinar o valor das suas ações com base nas perspetivas futuras. Para isso, foi feita uma análise da empresa e também um estudo ao mercado que engloba a evolução do setor do retalho.
A Jerónimo Martins SGPS é uma empresa portuguesa, líder no mercado alimentar na Polónia e um dos maiores players no mercado português e conta ainda com presença no mercado Colombiano. A Jerónimo Martins tem também presença no retalho especializado, nomeadamente em cosmética e confeitaria e também no mercado agro-alimentar. A 31/12/2020 a Jerónimo Martins SGPS estava cotada na bolsa de valores Euronext Lisboa e fechou o ano com as ações a valerem 13.82 euros
Para determinar o valor da empresa vão ser utilizados três métodos de avaliação, o DCF, o EVA e por último, foi utilizado o método dos múltiplos.
Segundo o modelo DCF, o preço alvo é de €13.92, o que representa uma apreciação de 0.76% e deste modo o valor oferecido pelo mercado não reconhece o potencial crescimento da empresa. Foi também realizado uma análise de sensibilidade tendo por base variações em duas das variáveis mais críticas, para que seja possível avaliar a sensibilidade do preço da ação relativamente à taxa de desconto e à taxa de crescimento perpétuo.
Em suma, é também realizada uma comparação dos resultados obtidos através dos diversos métodos, o que origina uma recomendação de compra, em linha com a análise realizada pelo CAIXA BANK
Eva Urban. 'Lessing’s Nathan the Wise: from the Enlightenment to the Berliner Ensemble.'
No full textLessing's Nathan the Wise (1779), exemplary for its enlightenment and humanist ideals, assembles Jews, Christians, and Muslims in dialogue during the medieval crusades in Jerusalem. Their encounters allow them to transcend conflict, to recognize their common humanity, and to resolve their differences through dialectical discourse and group arguments. In this article Eva Urban looks closely at the representation of enlightenment in this play and examines the potential role of plays and theatre practice in developing autonomous citizenship and intercultural understanding. Particular reference is made to the 2013 Berliner Ensemble production of Nathan the Wise in relation to aesthetic debates about modern political drama. Eva Urban is a British Academy Postdoctoral Research Fellow at the Faculty of English, University of Cambridge, and an Associate of Clare Hall, Cambridge. She is the author of Community Politics and the Peace Process in Contemporary Northern Irish Drama (Peter Lang, 2010) and has published a number of articles on political drama and Irish studies
Equity research - Jerónimo Martins SGPS, SA
No full textMestrado Bolonha em FinançasThe main objective of this equity research project is to estimate the price target of Jerónimo Martins, based on
cash flow forecasts. Jerónimo Martins is one of the largest Portuguese companies in the food retail sector,
with sales in 2021 of more than € 20 billion. The forecast covers the period from 2022 to 2027 and is based
on the past performance of the company, from 2017 to 2021. The study begins with a snapshot of the history
of the company and its corporate governance and, then, provides an overview of the Jerónimo Martins´
business and industry. It also contains a SWOT analysis, a PESTEL analysis, and a Porter 5 Forces
analysis. A financial analysis is conducted highlighting the outlook for key financial ratios. To reach the target
value for 2023, two main valuation models are employed. The absolute model includes the Discounted Cash
Flow (DCF), the Adjusted Present Value (APV), the Economic Value Added (EVA), and the Dividend Discount
Model (DDM). The relative model is based on a comparison of the company's main indicators with those of the
chosen peer group.
Subsequently, a risk matrix is used to consider the Jerónimo Martins´ risks. Ultimately, other analyses are
considered, namely, the Scenario and Sensitivity Analysis, as well as the Monte Carlo simulation. The final
investment recommendation is Hold, with a price of € 24,28, an upside of 10,17 % from the price of September
5, 2022. It is considered a medium risk investment.O principal objetivo deste projeto de equity research é estimar o preço da ação da Jerónimo Martins, com
base nas previsões de cash flow. A Jerónimo Martins é uma das maiores empresas portuguesas do setor do
retalho alimentar, com vendas em 2021 superiores a 20 mil milhões de euros. A previsão considerada abrange
o período de 2022 a 2027 e tem como base o desempenho passado da empresa, de 2017 a 2021. O estudo
começa com um resumo da pesquisa, um histórico da empresa, a sua governança corporativa e inclui ainda
uma visão geral dos seus negócios e do setor. É igualmente feita uma análise SWOT, uma análise PESTEL
e uma análise Porter 5 Forces. Também foi realizada uma análise financeira destacando as perspetivas para
os principais índices financeiros. Para atingir o valor alvo para 2023, foram realizados dois principais modelos
de avaliação. O modelo absoluto, que inclui o Fluxo de Caixa Descontado (FCD), o Valor Presente Ajustado
(APV), o Valor Económico Adicionado (EVA) e o Modelo de Desconto de Dividendos (DDM). Também foi
realizado o modelo relativo, comparando os principais indicadores da empresa com um grupo com
características semelhantes. Posteriormente, foi utilizada uma matriz de riscos para considerar os riscos
organizacionais. Por fim, outras análises foram consideradas, a Análise de Cenário e Sensibilidade, bem como
a simulação de Monte Carlo. A recomendação final de investimento é Hold, com preço de € 24,28, uma
valorização de 10,17 % em relação ao preço alvo de 5 de setembro de 2022. É considerado um investimento
de médio risco.info:eu-repo/semantics/publishedVersio
Equity research - Jerónimo Martins SGPS, SA
No full textMestrado Bolonha em FinançasThe main objective of this equity research project is to estimate the price target of Jerónimo Martins, based on
cash flow forecasts. Jerónimo Martins is one of the largest Portuguese companies in the food retail sector,
with sales in 2021 of more than € 20 billion. The forecast covers the period from 2022 to 2027 and is based
on the past performance of the company, from 2017 to 2021. The study begins with a snapshot of the history
of the company and its corporate governance and, then, provides an overview of the Jerónimo Martins´
business and industry. It also contains a SWOT analysis, a PESTEL analysis, and a Porter 5 Forces
analysis. A financial analysis is conducted highlighting the outlook for key financial ratios. To reach the target
value for 2023, two main valuation models are employed. The absolute model includes the Discounted Cash
Flow (DCF), the Adjusted Present Value (APV), the Economic Value Added (EVA), and the Dividend Discount
Model (DDM). The relative model is based on a comparison of the company's main indicators with those of the
chosen peer group.
Subsequently, a risk matrix is used to consider the Jerónimo Martins´ risks. Ultimately, other analyses are
considered, namely, the Scenario and Sensitivity Analysis, as well as the Monte Carlo simulation. The final
investment recommendation is Hold, with a price of € 24,28, an upside of 10,17 % from the price of September
5, 2022. It is considered a medium risk investment.O principal objetivo deste projeto de equity research é estimar o preço da ação da Jerónimo Martins, com
base nas previsões de cash flow. A Jerónimo Martins é uma das maiores empresas portuguesas do setor do
retalho alimentar, com vendas em 2021 superiores a 20 mil milhões de euros. A previsão considerada abrange
o período de 2022 a 2027 e tem como base o desempenho passado da empresa, de 2017 a 2021. O estudo
começa com um resumo da pesquisa, um histórico da empresa, a sua governança corporativa e inclui ainda
uma visão geral dos seus negócios e do setor. É igualmente feita uma análise SWOT, uma análise PESTEL
e uma análise Porter 5 Forces. Também foi realizada uma análise financeira destacando as perspetivas para
os principais índices financeiros. Para atingir o valor alvo para 2023, foram realizados dois principais modelos
de avaliação. O modelo absoluto, que inclui o Fluxo de Caixa Descontado (FCD), o Valor Presente Ajustado
(APV), o Valor Económico Adicionado (EVA) e o Modelo de Desconto de Dividendos (DDM). Também foi
realizado o modelo relativo, comparando os principais indicadores da empresa com um grupo com
características semelhantes. Posteriormente, foi utilizada uma matriz de riscos para considerar os riscos
organizacionais. Por fim, outras análises foram consideradas, a Análise de Cenário e Sensibilidade, bem como
a simulação de Monte Carlo. A recomendação final de investimento é Hold, com preço de € 24,28, uma
valorização de 10,17 % em relação ao preço alvo de 5 de setembro de 2022. É considerado um investimento
de médio risco.info:eu-repo/semantics/publishedVersio
Analisis Kinerja Keuangan Berdasarkan Metode economic value added (EVA) Pada PT. Surya Citra Media. Tbk
Get PDFThis study aims to measure and find out financial performance at PT. Surya Citra Media, Tbk using the method of Economic Value Added (EVA) for the period 2016 - 2020. This study uses this research using descriptive analysis method which aims to provide an overview of the actual financial performance of the company, where data collected, compiled, then analyzed and explained with existing theories and finally make conclusions and suggestions. Descriptive analysis method used in this study to describe in general PT. Surya Citra Media, Tbk, by describing the results of the analysis conducted in this study. The design of this study is to use a qualitative approach, where with this approach the author seeks to understand the analysis of financial performance using EVA methods.
The conclusion of this study shows that the financial performance of PT. Surya Citra Media, Tbk based on the analysis of Economic Value Added (EVA) from 2016 to 2020 is not good, where the value of EVA <0, ie for five consecutive years the company EVA shows a negative value. In 2016 the value of EVA - Rp. 788,228,366 and in 2017 the value of EVA again decreased significantly by -Rp. 2,101,912,330 and in 2018 amounting to Rp. 1,237,933,617 and decreased in 2019 to a figure of -Rp. 1,148,156,021 and in 2020 it fell to -Rp. 749,755,182. It is recommended for companies to increase EVA each year to reach a positive value by reducing or reducing the cost of capital while negotiating interest rates.
 
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