Equity Research

Disclaimer Finexp does not provide guarantee, warranty on analysis and the sources of information of analysis and any decision on the basis of analysis. The analyses and its source are assumed to be true fair and based on theoretical and empirical experience. Hence Finexp is not liable in explicit or implicit terms. Moreover any decision is subject to market risk and complete diversification or guaranteed investment return is not possible.

For any help please make query @ finexp Team

Valuation: A case study on BATBC

Financial Performance:

The time series performance analysis shows that ROE increased from 15 % to 43 % from 2006 to 2009. Meanwhile dividend also increased from 3 to 27 BDT. At the same time the has also increased to 24 billion sticks.

Z score: BATBC

In hypothesis test of BATBC we found that t=-1.44 since -1.44 is less than 2.35. We can see that 1.96< 2.35, thus our test statistic is not in the rejection region. Therefore we fail to reject the null hypothesis. Thus I can be said that BATBC will not face bankruptcy.

For full report please contact@ finexp team.