Formulas Flashcards
1
Q
Price to book
A
Mcap./Eq
2
Q
Price to sales
A
Mcap./Net Sales
3
Q
Enterprise Value
A
FCFF/rwacc-g
4
Q
FCFF
A
EBIT(1-t)+Depr-Capex-DeltaWC
5
Q
Equity Value
A
EV-Debt
6
Q
Beta debt
A
(rd-rf)/(rm-rf)
7
Q
Beta equity
A
Beta asset - D/V * Beta debt / 1 - D/V
8
Q
re
A
rf+B*(rm-rf)
9
Q
WACC
A
rdD/V(1-t)+re*E/V
10
Q
Implied PB multiple
A
Eq. V/Book equity
11
Q
Book equity
A
PPE + WC - Depr
12
Q
Equity EVA
A
(ROE-re)*Op.Eq.
13
Q
Terminal EVA
A
(ROE-re)/(re-g)*Op.Eq.
14
Q
EV Abn. prof.
A
Cl.eq. + PV of EVA
15
Q
Profit Before Tax (adj.)
A
PBT (unadj.) + R&D - ammort (R&D)
16
Q
ROCE
A
EBIT / TE + St debt + Lt debt
17
Q
Price Per share
A
(EV - Debt)/NOSH
18
Q
Change in stock due to warrants
A
(Pavg. - Pwar.)/Pavg. * #of warrants
19
Q
Revenue growth rate
A
(Revenue1/Revenue0)-1
20
Q
Div Payout ratio
A
Div0/NI
21
Q
Sustainable growth rate
A
NI/TE*(1-Div payout ratio)
22
Q
Reinvestment rate
A
(Capex-DeltaWC+Depr.)/EBIT(1-t)
