{"title":"Engro Fertilizers Limited:资本成本和估值","authors":"F. J. Seyyed, Hafsa Ashfaq","doi":"10.1142/s0218927519500123","DOIUrl":null,"url":null,"abstract":"The case is based on Engro Fertilizers Limited (EFERT), a company listed on the Pakistan Stock Exchange and an important player in the fertilizer sector of Pakistan. The case describes the role of a senior equity analyst at Intermarket Securities Limited (IMS), Qasim Ahmad, who is preparing the Intermarket Pulse report on Pakistan’s fertilizer sector. The upcoming report, due on 16 February 2017, requires a comprehensive analysis. Qasim gathered the background information on the fertilizer sector in Pakistan as well as EFERT and asked a newly hired junior analyst to prepare an estimate of EFERT’s cost of capital. Now Qasim has to review the workings of the new hire and then prepare the cash flow forecast to determine the stock’s target price.","PeriodicalId":40720,"journal":{"name":"Asian Case Research Journal","volume":"23 1","pages":"313-330"},"PeriodicalIF":0.1000,"publicationDate":"2019-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1142/s0218927519500123","citationCount":"0","resultStr":"{\"title\":\"Engro Fertilizers Limited: Cost of Capital and Valuation\",\"authors\":\"F. J. Seyyed, Hafsa Ashfaq\",\"doi\":\"10.1142/s0218927519500123\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"The case is based on Engro Fertilizers Limited (EFERT), a company listed on the Pakistan Stock Exchange and an important player in the fertilizer sector of Pakistan. The case describes the role of a senior equity analyst at Intermarket Securities Limited (IMS), Qasim Ahmad, who is preparing the Intermarket Pulse report on Pakistan’s fertilizer sector. The upcoming report, due on 16 February 2017, requires a comprehensive analysis. Qasim gathered the background information on the fertilizer sector in Pakistan as well as EFERT and asked a newly hired junior analyst to prepare an estimate of EFERT’s cost of capital. Now Qasim has to review the workings of the new hire and then prepare the cash flow forecast to determine the stock’s target price.\",\"PeriodicalId\":40720,\"journal\":{\"name\":\"Asian Case Research Journal\",\"volume\":\"23 1\",\"pages\":\"313-330\"},\"PeriodicalIF\":0.1000,\"publicationDate\":\"2019-12-01\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"https://sci-hub-pdf.com/10.1142/s0218927519500123\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Asian Case Research Journal\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.1142/s0218927519500123\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q4\",\"JCRName\":\"BUSINESS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Asian Case Research Journal","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1142/s0218927519500123","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q4","JCRName":"BUSINESS","Score":null,"Total":0}
Engro Fertilizers Limited: Cost of Capital and Valuation
The case is based on Engro Fertilizers Limited (EFERT), a company listed on the Pakistan Stock Exchange and an important player in the fertilizer sector of Pakistan. The case describes the role of a senior equity analyst at Intermarket Securities Limited (IMS), Qasim Ahmad, who is preparing the Intermarket Pulse report on Pakistan’s fertilizer sector. The upcoming report, due on 16 February 2017, requires a comprehensive analysis. Qasim gathered the background information on the fertilizer sector in Pakistan as well as EFERT and asked a newly hired junior analyst to prepare an estimate of EFERT’s cost of capital. Now Qasim has to review the workings of the new hire and then prepare the cash flow forecast to determine the stock’s target price.
期刊介绍:
The Asian Case Research Journal"s principal objective is to provide case instructors, whether academics, consultants, or company in-house trainers, a selection of high-quality cases on Asian companies and MNCs operating in Asia-Pacific. These cases, not having been previously published, provide a fresh and topical pool of cases for teaching purposes. The cases are either decisional — that is, requiring some business decision from the reader — or illustrative in nature, such as reasons for a firm"s success. The cases come from various business disciplines including strategic management, marketing, organizational behavior/human resources, operations management, and MIS. All cases have been double blind refereed to ensure quality.