TITLE:
Financial Analysis of an Australian Department Company Based on 3 Financial Models
AUTHORS:
Ke Lyu
KEYWORDS:
Financial Report, Comparable Analysis, Dividend Discount Model, Discounted Cash Flow Valuation, SWOT
JOURNAL NAME:
Open Journal of Business and Management,
Vol.9 No.2,
March
31,
2021
ABSTRACT: In the
modern economic market, it is necessary for investors and decision makers to
evaluate the financial situation of enterprises. For the managers, the analysis
of financial statements can help to judge the development prospects of
enterprises, so as to manage and make decisions on the future development
direction. And investors can get the accurate business results of the
enterprise this year, which has important reference significance for whether to
invest in the enterprise. The purpose of this report is to analyze the
Australian department store, Myer, its financial status and provide investment
advice to potential investors and operating suggestions to its managers. Three
financial models were used to analyze the value of Myer, which are comparable
analysis (COMPS), dividend discount model (DDM) and discount cash flow (DCF)
models respectively.