Chng trnh giang day cao hoc

Bi tp c nhn
QTKD nam hoc 2016

Quan tr tai chnh

BI TP TNH HUNG S 2
LP K HOCH TI CHNH V NH GI CNG TY
Pht ngy:
Np bi: Bui cui mn hc
Phn 1: Lp k hoch ti chnh
- T bi tp tnh hung s 1: Phn tch tnh hnh ti chnh ca mt CTNY trn TTCK
Vit Nam, thc hin tip tc D ton ti chnh cho 5 nm (2016-2020) ca cng ty.
- S dng phng php lp k hoch theo t l % doanh thu.
- C s d bo l cc BCTC gm: Bng cn i k ton, bo co thu nhp, nm
(2010, 2011, 2012, 2013, 2014, 2015). Tnh t l ca cc khon mc cn thit ca
bng CKT v Bo co thu nhp theo doanh thu tng nm.
- Chn t l d bo (k hoch) ca cc khon mc cn thit theo cch m anh/ch cho
l hp l (dng gi tr TB ca 6 nm (t 2010-2015), hay c th tng/gim theo kinh
nghim/gi nh ca anh ch)
- Ly nm 2015 lm gc v d bo cho 2016-2020.
Phn 2: Tnh gi tr cng ty
- Tnh gi tr dng ngn lu t do (FCF) ca cng ty
- Tnh gi tr hot ng ca cng ty nm 2015
- D bo cc gi tr ca cng ty nm 2020 theo bng sau:
Khoan muc tnh
Doanh thu 2020
Vn hot ng
T s vn hot ng=Cap2020/DT2020
EBIT
T l tng trng
NOPAT2020
NOPAT 20/Sale 20
WACC
EROIC=NOPAT2020(1+g)/Cap2020

Gi tr

Gi : Xem cc bng tnh v cch tnh cun [4] chng 15, Sch Qun tr ti chnh
cn bn, Nguyn Quang Thu (2015)

Bin son: PGS.TS. Nguyen Quang Thu.

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