National Presto Industries
商品編號：9B11N017
出版日期：2011/10/27
再版日期：
商品來源：
商品主題：Finance
商品類型：Case (Pub Mat)
涵蓋議題：Strategic Valuation Analysis;Value Investing;Investment Decision;United States
難易度：4 - Undergraduate/MBA
內容長度：47 頁
地域：United States
產業：Manufacturing
事件年度：2011
A recent business graduate decided to contact her former classmates from her value investing course. She emailed them with a proposal to re-evaluate the company they had valued for their final project, National Presto Industries (Presto). Presto was a diversified company operating in three different industries: housewares/small appliances, absorbent products, and defense. The price had dropped about 25 per cent and perhaps it was time to take it off of the group’s “watch list,” as it might now be undervalued and worth purchasing. Presto was initially brought to the group’s attention through a screening process that identified Presto as having a low price to earning value, a high dividend yield, and a small market capitalization. It was unusual in that it was a company that was over 100 years old and operated in stable and unglamorous segments, yet was still considered a growth company. If it was determined that Presto was a good buy, the team also wanted to establish an exit price, but due to a tight concentration of shareholders and low average daily trading volume, the team wondered how this low liquidity would impact the stock’s share price.
教學手冊：
補充材料：