{"id":115,"date":"2025-11-03T09:30:15","date_gmt":"2025-11-03T09:30:15","guid":{"rendered":"http:\/\/ecourse.co.uk\/8135\/?p=115"},"modified":"2025-11-03T09:50:55","modified_gmt":"2025-11-03T09:50:55","slug":"week-8-uw-19","status":"publish","type":"post","link":"https:\/\/ecourse.uk\/8135\/?p=115","title":{"rendered":"Week 7a [11]: Investor ratios"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_80 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/ecourse.uk\/8135\/?p=115\/#Lecture_material\" >Lecture material<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/ecourse.uk\/8135\/?p=115\/#Investor_ratios\" >Investor ratios<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/ecourse.uk\/8135\/?p=115\/#Case_studies\" >Case studies<\/a><\/li><\/ul><\/nav><\/div>\n<h4><span class=\"ez-toc-section\" id=\"Lecture_material\"><\/span><strong>Lecture material<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>The lecture notes for this session are <strong><a href=\"http:\/\/ecourse.co.uk\/investors\/investorratios.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">here<\/a><\/strong>.<\/p>\n<p>There is an online presentation on investor ratios available at <strong><a href=\"http:\/\/www.ecourse.co.uk\/eps\/story.html\" target=\"_blank\" rel=\"noopener noreferrer\">ecourse.co.uk\/eps<\/a>.<\/strong> This will run on your computer or ipad. You may need to download a free player app to use on the Apple ipad.<\/p>\n<p>There is also a <strong><a href=\"http:\/\/ecourse.co.uk\/materials\/eps\/epsworksheet.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">worksheet<\/a> <\/strong>showing worked examples for calculating earnings per share figures in a number of situations.<\/p>\n<hr \/>\n<h4><span class=\"ez-toc-section\" id=\"Investor_ratios\"><\/span><strong>Investor ratios<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>This week we&#8217;ll start looking at company financial statements from the perspective of an investor, concentrating on some of the financial indicators (often ratios) which are used in the financial press and which are useful to investors and potential investors in a company.<\/p>\n<p>Last week we looked at the <strong>Hunting plc<\/strong> (The Stobart Group was 100% taken over by Muller Group, renamed Esken Ltd, and delisted). This week we will revert to Tesco. There are lots of sources of investment information on the web. Some cost a lot of money (that&#8217;s because they are useful &#8211; and contain real time information, comment and analysis). Others are free and will be good enough for our purposes. One such is Google Finance and you can find stock market information on Tesco\u00a0 at <strong><a href=\"https:\/\/www.google.com\/finance\/quote\/TSCO:LON\" target=\"_blank\" rel=\"noopener noreferrer\">Google Finance<\/a>. <\/strong>\u00a0A good alternative is <a href=\"https:\/\/uk.finance.yahoo.com\/quote\/TSCO.L?p=TSCO.L&amp;.tsrc=fin-srch\" target=\"_blank\" rel=\"noopener\"><strong>Yahoo Finance<\/strong><\/a> (see below). Spend some time exploring these pages and following some of the links to get a feel for the information. Also practice looking up the information for other companies.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2003\" src=\"https:\/\/ecourse.uk\/8135\/wp-content\/uploads\/2025\/11\/tesco-2025.jpg\" alt=\"\" width=\"888\" height=\"471\" srcset=\"https:\/\/ecourse.uk\/8135\/wp-content\/uploads\/2025\/11\/tesco-2025.jpg 888w, https:\/\/ecourse.uk\/8135\/wp-content\/uploads\/2025\/11\/tesco-2025-300x159.jpg 300w, https:\/\/ecourse.uk\/8135\/wp-content\/uploads\/2025\/11\/tesco-2025-768x407.jpg 768w\" sizes=\"auto, (max-width: 888px) 100vw, 888px\" \/><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2005\" src=\"https:\/\/ecourse.uk\/8135\/wp-content\/uploads\/2024\/11\/tesco-2025-stats.jpg\" alt=\"\" width=\"554\" height=\"268\" srcset=\"https:\/\/ecourse.uk\/8135\/wp-content\/uploads\/2024\/11\/tesco-2025-stats.jpg 554w, https:\/\/ecourse.uk\/8135\/wp-content\/uploads\/2024\/11\/tesco-2025-stats-300x145.jpg 300w\" sizes=\"auto, (max-width: 554px) 100vw, 554px\" \/><\/p>\n<p>The section on stocks at <a href=\"http:\/\/stocks.about.com\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>about.com<\/strong><\/a> may be quite useful in supporting your studies &#8211; particularly the section on <strong><a href=\"http:\/\/stocks.about.com\/od\/evaluatingstocks\/a\/Fundanatools1.htm\" target=\"_blank\" rel=\"noopener noreferrer\">Fundamental Analysis<\/a><\/strong>.<\/p>\n<hr \/>\n<h4><span class=\"ez-toc-section\" id=\"Case_studies\"><\/span><strong>Case studies<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>Once you&#8217;ve worked your way through the worksheet have a go at these case studies:<\/p>\n<p><a href=\"http:\/\/ecourse.co.uk\/materials\/q_brora_eps.pdf\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>Brora plc<\/strong><\/a>\u00a0&#8211; bonus issue and new issue of shares at full value.<\/p>\n<p><a href=\"http:\/\/ecourse.co.uk\/materials\/qchamplon.pdf\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>Champlon plc<\/strong><\/a>\u00a0&#8211; rights issue and new issue of shares at full value.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lecture material The lecture notes for this session are here. There is an online presentation on investor ratios available at ecourse.co.uk\/eps. This will run on your computer or ipad. You may need to download a free player app to use on the Apple ipad. There is also a worksheet showing worked examples for calculating earnings [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[3],"tags":[],"class_list":["post-115","post","type-post","status-publish","format-standard","hentry","category-lectures"],"_links":{"self":[{"href":"https:\/\/ecourse.uk\/8135\/index.php?rest_route=\/wp\/v2\/posts\/115","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ecourse.uk\/8135\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ecourse.uk\/8135\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ecourse.uk\/8135\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ecourse.uk\/8135\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=115"}],"version-history":[{"count":21,"href":"https:\/\/ecourse.uk\/8135\/index.php?rest_route=\/wp\/v2\/posts\/115\/revisions"}],"predecessor-version":[{"id":2006,"href":"https:\/\/ecourse.uk\/8135\/index.php?rest_route=\/wp\/v2\/posts\/115\/revisions\/2006"}],"wp:attachment":[{"href":"https:\/\/ecourse.uk\/8135\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=115"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ecourse.uk\/8135\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=115"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ecourse.uk\/8135\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=115"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}