3.5 .
. 3.3 ROE. . ,
. 3.5. DaimlerChrysler (1998)
. 1 , DaimlerChrysler , :
(1) = / = = 4967/64820 = 1,03.
(rr2) () 1:
(rr) = (1 ) = (1 1,03) = -0,03.
DaimlerChrysler ( ), , .
3.5 , ROEw rr.
(sgr3) = ROE xrr = = 15,87% (-0,03) = -0,48%.
' pay out ratio. . .
2 rr retention ratio. . .
3 sgr sustainable growth rate. . .
DaimlerChrysler 1998 1997 1996 | |||
- | |||
, % | 103,05 | 48,19 | 57,58 |
, % | -3,05 | 51,81 | 42,42 |
(ROE), % | 15,87 | 23,42 | 17,99 |
, % | -0,48 | 12,13 | 7,63 |
, % | 12,10 | 15,90 | 11,40 |
, % | -12,58 | -3,77 | -3,77 |
DaimlerChrysler , , , .
, , , .
3.6 . 1998 . - , , 1997 1996 . DaimlerChrysler 1888 1570 .
3.9 DaimlerChrysler . . , , , . , .
3.7 DaimlerChrysler.
|
|
. 3.6. DaimlerChrysler
. 3.7. DaimlerChrysler
, . , , , , , .
, , , , , , , .
. - , , , .
, Daimler Chrysler 10% , 6131 782 144 960; , , , , 12 850 .
: , , .
, , , .
, , , , :
=
= ( - ) =
= 10% - (-0,48%) 125 850 = 13 189.
, Daimler Chrysler , 10% , 10%, .