Final Project

Course Name: Introduction to Finance (FIN308)

Issue Date: September 17, 2017
Deadline: November 25, 2017
Course Instructor: Dr. Costas Siriopoulos, Konstantinos.Syriopoulos@zu.ac.ae
Final Weight of the Project: 15% Max Marks: 100

Individual Research Project

The objective of this project is to familiarize students with real life market events and their impact
on the value of a selected firm. Students will learn to anticipate market events in making financial
decisions.

Students can find relevant information on the internet, annual reports, TV, radio, newspapers,
magazines, and personal interviews with knowledgeable experts.

This exercise will allow the student to find and use information found from the above sources to
analyze an UAE firm from Dubai or Abu Dhabi Stock Market.

For a list of companies listed on Abu Dhabi stock market:

http://www.adx.ae/English/Securities/Pages/ListedCompanies.aspx

For a list of companies listed on Dubai stock market:

http://www.dfm.ae/pages/default.aspx?c=1010

As you will learn in FIN 308, one of the most important attributes of a financial manager is the
ability to communicate. With respect to this assignment, you will simply share what you know and
have learned about a company of your interest, its financial position, how events in the market will
effect your company, and why this company meets requirements for investment.

This report should contain:

1) A memo: The cover page should include students name, company analyzed, and a brief
summary of the reports contents.
2) Your analysis: Typewritten page of text. Use single spacing, Times New Roman, 12-font
size. Copying and pasting from any website/article/book without giving references is
considered to be plagiarism and is a violation of the Honor Code. Detecting such copy/paste
behaviors is quite easy by the aid of some software. Therefore, I urge you to use your own
sentences. If you still want to use sentences from a source you like, write it in quotation
marks and list the source at the references page.
 3) You should include charts, graphs, or other supporting information. Copying charts/graphs
etc. is not acceptable. You must make your own charts/graphs using Microsoft Excel
program. You can support your own charts/graphs with charts/graphs from other sources.
If you want to include charts/graphs not created by yourself, you should indicate the source
at the bottom of the chart/graph.

Here is the format for your report:

A. Company Profile
1) Where is the headquarter of your company?
The headquarter of aldar company in Abu Dhabi.
2) Who is the CEO, CFO?
The CFO of Aldar company is Mohamed Al Mubarak.
3) When was your company founded?

Aldar was established in 2004.

4) In which stock market the companys stock is trading and what is the ticker symbol?
listed on the Abu Dhabi Stock Exchange (ADX) in 2005
5) What is your companys primary business line?

Aldar develops exciting and innovative projects, such as the internationally recognized
HQ building situated in the Al Raha Beach development, the Gate Towers in Shams Abu
Dhabi on Al Reem Island, in addition to Yas Islands F1 circuit.

6) What is the size of your company? (Total assets, total sales, total number of employees)
Total assets: Total assets AED 36bn
Total sales: AED3.5bn
Total number of employees: 3,435 employees

7) Who are the biggest competitors of your company?

Emaar Properties
8) What is the EPS, PE ratio, dividend yield for your company? (compare through past 3
years and to competitors).

type 2014 2015 2016

EPS(AED) 0,28 0,32 0,35
PE ratio 9,46 7,18 7,43
Dividend yield 3,40% - 4,18%
 Type 2014 2015 2016
EPS(AED) 0,48 0,57 0,73
PE ratio - - -
Dividend yield 0,15 0,15 0,15

9) What is the market price of stock? (graph on excel the past performance of the
companys daily stock price for the past two years along with the market index both
at the same graph!)
10) What is your company`s and its competitors ROA and ROE for past two years? (graphs)

ALDAR COMPANY
2015 2016
profit 2,559,867 2,752,406
total asset 36,140,676 35,561,097
ROA 7.08% 7.74%

emar
2015 2016
profit 4,535,343 5,894,831
total asset 79,556,794 96,334,184
ROA 5.70% 6.12%

2015 2016
net income 2,559,867 2,752,406
average shareholder equity 32,229,958.00 32,229,958.00
ROE 7.94% 8.54%

2015 2016
Net income 4,535,343.00 5,894,831.00
avarage shareholder equity 44,794,349 44,794,349
ROE 10.12% 13.16%
 ROA

7.74%
7.08%

6.12%
5.70%
AXIS TITLE

1 2
Series1 7.08% 7.74%
Series2 5.70% 6.12%

ROE
14.00%
12.00%
10.00%
AXIS TITLE

8.00%
6.00%
4.00%
2.00%
0.00%
1 2
Series1 7.94% 8.54%
Series2 10.12% 13.16%

B. Opinions and recommendations

Write a conclusion focusing on the following points:
(1) What do you expect/predict about the performance of the company and why?
(2) Is this company positioned to enjoy profitability in the short/intermediate/long term?
(3) Would you recommend buying the stock of the company? Why?

C. Appendix
Charts and Graphs.

(1) research information.

 Grading Criteria Marks
allocated

MEMO 2
ANALYSIS
headquarter 5
CEO, CFO 5
When was your company founded 5
In which stock market the companys stock is trading and what is the
ticker
symbol? 3
primary business line 5
size (Total assets, total sales, total number of employees)
5
biggest competitors 5
EPS, PE ratio, dividend yield? Historical and competitor comparison 10
market price of stock? Historical and index comparison 10
10
ROA and ROE? Historical and competitor comparison
Opinions and recommendations
10
CHARTS
25
GRAPHS

TOTAL 100
3