15.402ab resources

amazon.com valuation exercise (May 2001)

15.402ab Finance Theory II
Rock

amazon.com valuation exercise (May 2001)

Files used by the Financial Analysis team

PowerPoint Presentation Final presentation as of 05/16/01
PowerPoint old Presentation First presentation as of 05/10/01 (book value of debt instead of market value, 5-year projections instead of 10, perpetuity growth rate of 5% instead of 10%
Comparables Beta, prices, ratios. Using market value of debt
Old comparables Beta, prices, ratios. Using book value of debt
WACC function of beta, kD, kE, %D, tax rate...
Proforma analysis and valuation
What multiple to use Explanation why P/Sales can be a good solution when all other ratios <0
Memos To Do list of the Financial Analysis Team

Analyst reports and databases

NAME	WEB ADDRESS - FILE ON	INSTRUCTIONS
Edgar	http://www.freeedgar.com/search/BeginSearch.asp?UseFrame=1	Enter Amazon's ticker (AMZN) and you will have access to Amazon's SEC filings.
InvestText	http://libraries.mit.edu/get/investext	Problems? Call Dewey Library 617-253-5677
Prudential	PDF FILE	February 2001 - Sell recommendation

Page constructed by Dany Maklouf, MBA 2002

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