- [Instructor] Saint Mary's college bis ed 123,
financial management, Goldman Sachs team two,
take two, and action.
- Hi, my name is Hunter Peden.
I'm the financial analyst.
- My name is Elizabeth Guron and I'm the leader.
- Hi, I'm Olivia and I'm the marketing director.
- And this is our project on Goldman Sachs
and we recommend buying.
- So the overview, we are going to be going
through the background, the financial analysis,
the stock valuation, and recommendation.
So, for background on Goldman Sachs,
their ticker is GS and they are republic
and they were founded in 1869
by Marcus Goldman and Samuel Sachs.
The headquarters is in Manhattan, New York
and they are an investment banking
and as far as assets, they have 916.8 billion,
their market value of stock is at 202.49,
and number of employees is 37,300
and they serve worldwide.
Values and vision, their values and visions states,
we are committed to a distinctive culture
and set of core values.
These values are reflected in our business principles,
which emphasizes placing our clients' interest first,
integrity, commitment to excellence, and innovation,
and teamwork.
Goldman Sachs is managed by its principal owners.
And as far as our leaders,
for starters we have David Solomon who's the CEO,
and then we also have Stephen Scherr
who is executive VP and chief financial officer.
We also have John Waldron who's the president
and chief operating officer.
And we have Lloyd who's the chairman
and Martin Travis who's a vice chairman
and global co-head of the secretary's division.
As well as Richard Gnodde who
is the vice chairman
and chief executive officer of Goldman Sachs International.
- All right, so some products and services
that Goldman Sachs offers is investment banking,
security, investing and lending,
which brings in a lot or revenue, majority,
they also have investment management, and research.
Like I stated before, institutional high end services
brings in the most revenue, 3.57 billion dollars.
Swot analysis, these are some strengths, weaknesses,
opportunities, and threats for the company.
I do wanna point out that some strings
are diverse operations and advanced technology.
Some weaknesses that the company has is legal issues,
fraud, and bribery.
As an opportunity, they can diversify a portfolio
to their customers and threats, they decline stock markets.
The market position,
Goldman Sachs is at .9 trillion dollars.
- Alright, the financial condition,
so, Goldman Sachs has a return investment of 14.1%,
return on assets of 1.9%,
net profit margin of 16.68%,
and an equity ratio of 3.04.
The profit of equity is 7.81,
division pay-up is 1.65,
revenue is 10.83%,
net income percent is 32.4,
and the earning for share is 56.49.
The technical analysis, so as you can see,
the trend line is trending upwards
so it is a positive, beneficial company to invest in.
For the perpetuity model, we had a risk free rate
of 3.25%, a bata of 1.08,
and equity ratio of 9.5,
and return on equity of 7%.
The EPS was 14.1 for 2018
and the return on equity are...
Medium range that we've selected was CAPM,
which was $216.13.
Our Gordon Growth Model,
we selected the medium approach again,
which was based on a 9% margin.
So, we took the center of the two
and that gave us, at a 1% range level, it was $243.13,
at 2% it was $277.80,
and at 3% it was $324.20.
For the multiple approach, we selected a PE ratio of 12,
which gave us a stock valuation of 233.
What's, I didn't do nothing.
Want me to keep going?
Just forget it.
Alright, I'm just gonna keep reading.
We have a PE ratio of 12, which gave us a stock valuation
in our multiple approach of $233.40
for our discounted cash flow model we had a dis current rate
of 9%, which gave us a stock rate of $240 even.
And then our intrinsic value ended up being,
we selected for our series two, our perpetuity was 5%,
Gordon Growth was waited 5%, multiple approach
we waited 40%, and discounted cash flow we waited 50,
which gave us an intrinsic waited value of $237.15,
which gave us a 1% premium on our stock.
And our trade recommendations were to buy
and we wanted to buy indexes of forwards, buy futures,
buy calls on futures, right puts on futures.
For ETFs we selected to buy, buy a margin,
buy calls, and right puts.
And for stocks, we selected to buy, buy a margin,
buy calls, and right puts.
And here are our references.
- [Woman] Thank you.
(clapping)
- [Instructor] Okay, you have some formatting...
You don't have the valuations on the valuation slides.
There was no target price compared to the current price
with the premium discount on the,
for the technical analysis.
You have some formatting on the financial ratio tables.
You need to fix
seven and the eighth, three, five...
the technical analysis, you need to tell me
what's the RSI do, what's the MACDs, is it an upward trend,
where's the arrow, where's the target price compared
to the current price with the premium
or the discount projections, whatever you make.
There's some examples over there too.
Well the perpetuity of the Gordon Growth,
the GCF, the intrinsic valuation summary slide,
you don't have the, you don't tell me the intrinsic values
compared to the current price with the premium
or the discount, okay?
Okay.
Okay.
So, why don't you make those corrections
and then show them to me before you print it.
Okay?
For more infomation >> 2/15/19 14:31 (472 Quaker Meeting House Rd, Durham, ME 04222, USA) - Duration: 15:00. 
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