Forum Archive Index - August 2001
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[sharechat] BCH/DAD/Merger/ROIC/WACC
From: |
"Philip Robinson" <pcr@ihug.co.nz> |
Date: |
Wed, 8 Aug 2001 11:07:21 +1200 |
Title: Message
Peter,
I am glad I caught
your message, as I only view the archives and read the articles that grab
me.
I am just checking
the DAD site and they only have their 1999 and 2000 annual reports, so if anyone
has their pdf reports from 1995-1998 that would be appreciated, otherwise I will
have to e-mail them.
I will try to find
some time and chuck it together, looking at the Australian Stern Stewart report
they have a Return on Invested Capital of 3.2%, and a negative A$28 million EVA
(economic value added), which means their WACC (weighted average cost of capital
is higher than that. I can work it out by substitution with the capital, which
is in the report. I am not so good with WACC's, well I have not tried to
tackle calculating them yet.
So if anyone has
a source of Australian WACCs then that would be much appreciated.
The Australian
PriceWaterhouseCoopers site is not quite as
forthcoming as the New Zealand one.
Cheers
Phil