Singer BD

Gross Profit Margin=Gross Profit/Net Revenue

31.12.2010
BDT 1,231,532,061
BDT 4,693,875,115
26.20%

Gross Profit
Net Revenue
Gross Profit Margin

31.12.2009
BDT 1,101,274,294
BDT 4,261,076,215
25.80%

31.12.2008
BDT 1,017,430,355
BDT 4,281,291,373
22.90%

Fixed Assets Turnover Ratio= Net Revenue/Fixed Assets

31.12.2010
BDT 4,693,875,115
BDT 655,887,492
7.20 :1
4.2 : 1

Net Revenue
Fixed Assets
Fixed Assets Turnover
Industry Average

31.12.2009
BDT 4,261,078,215
BDT 472,436,387
9.02:1
4.86 : 1

31.12.2008
BDT 180,007,172
BDT 4,281,291,373
8.85:1
4.224 : 1

Return on Assets (ROA)=Net Income/Total Assets

31.12.2010
BDT 1,973,760,358
BDT 4,119,072,427
47.92%

Net Income
Total Assets
Return on Assets (ROA)

Return on Common
Stockholders' Equity =
Net Income
Preferred Dividends
Average Common Stockholders' Equity
Return On Common Stockholders' Equity

31.12.2009
BDT 396,790,969
BDT 2,189,641,761
18.10%

31.12.2010
BDT 180,007,172
BDT 2,959,862,237
6.10%

Net Income - Prefered Dividends/

Average Common Stockholders' Equity

31.12.2010
BDT 1,973,760,358
BDT 0
BDT 3,140,517,715
62.85%

31.12.2009
BDT 396,790,969
BDT 0
BDT 1,080,830,466
36.70%

31.12.2008
BDT 180,007,172
BDT 0
BDT 885,987,077
20.30%

Net Profit Margin=Net Income/Net Revenue

Net Income
Net Revenue
Profit Margin

31.12.2010
BDT 1,973,760,358
BDT 4,693,875,115
42.05%

31.12.2009
BDT 396,790,969
BDT 4,261,076,215
9.30%

31.12.2008
BDT 180,007,172
BDT 4,281,291,373
4.20%

Divident Payout Ratio = Cash Dividends/Net Income

Cash Dividends
Net Income
Dividend Payout Ratio

31.12.2010
BDT 53,786,908
BDT 1,973,760,358
2.73%

31.12.2009
BDT 161,570,187
BDT 396,790,969
40.70%

31.12.2008
BDT 0
BDT 4,281,291,373
0

Debt to Total Equity Ratio(D/E Ratio) = Total Debt/ Total Equity

Total Debt
Total Equity
Debt to Total Equity Ratio
Industry Average

31.12.2010
BDT 978,554,712
BDT 3,140,517,715
31.12%
156.40%

31.12.2009
BDT 1,108,811,295
BDT 1,080,830,466
102.60%
2071.27%

31.12.2008
BDT 2,073,875,160
BDT 895,987,077
231.00%
639.37%

Book Value of Equity= Total Shareholder`s Equity

31.12.2010
BDT 3,140,517,715
BDT 3,140,517,715

Total Shareholder`s Equity

Book value of Equity

31.12.2009
BDT 1,080,830,466
BDT 1,080,830,466

31.12.2008
BDT 895,987,077
BDT 895,987,077

Earnings Per Share = Net Income/ Number Of Shares Issued

31.12.2010
BDT 1,973,760,358
BDT 2,243,862
BDT 879.60

Net Income
Number of Shares Issued
Earnings Per Share

31.12.2009
BDT 396,790,969
BDT 2,243,862
BDT 177.00

31.12.2008
BDT 180,007,172
BDT 2,243,862
BDT 80.22

Total Assets Turnover Ratio= Net Revenue/Total Assets

Net Revenue
Total Assets
Total Asset Turnover Ratio
Industry Average

31.12.2010
BDT 4,693,875,115
BDT 4,119,072,427
1.14 : 1
4.6:1

31.12.2009
BDT 4,261,076,215
BDT 2,189,641,761
1.60:1
1.225:1

31.12.2008
BDT 4,281,291,373
BDT 2,959,862,237
1.45 :1
1.16:1

Book value of debt = Total Liability

Total Liability
Total book value of debt

31.12.2010
BDT 978,554,712
BDT 978,554,712

31.12.2009
BDT 1,108,811,295
BDT 1,108,811,295

31.12.2008
BDT 2,073,875,160
BDT 2,073,875,160

Total Book value of company= Book value of debt + book value of equity
Book value of debt
Book value of equity
Total Book Value

31.12.2010
BDT 978,554,712
BDT 3,140,517,715
4,119,072,427

31.12.2009
BDT 1,108,811,295
BDT 1,080,830,466
BDT 2,189,641,761

31.12.2008
BDT 2,073,875,160
BDT 895,987,077
2959862237

Market value of debt = Total liability - Non interest loan

Total Liability
Non interest bearing loan
Market value of debt

31.12.2010
BDT 978,554,712
BDT 975,273,143
3,281,569

31.12.2009
BDT 1,108,811,295
BDT 794,164,215
BDT 314,647,080

31.12.2008
BDT 2,073,875,160
BDT 757,822,303
BDT 1,316,052,857

P/E Ratio= Price per share/EPS

31.12.2010
BDT 7,169.50
BDT 879.60
8.15

Price per share

EPS
PE ratio

31.12.2009
BDT 2,792
BDT 176.83
15.80

31.12.2008
BDT 1,982.25
BDT 80.22
24.7

WACC= COST OF CAPITAL/TOTAL CAPITAL

31.12.2010
BDT 2,588,425,113
BDT 4,119,072,427
62.84%
23.158%

Cost of Capital
Total Capital
WACC
Industry Average

31.12.2009
BDT 799,981,090
BDT 2,189,641,761
36.60%
29.370%

31.12.2008
BDT 496,072,911
BDT 2,959,862,237
16.76%
27.50%

Net Working Capital= Current Assets-Current Liabilities

31.12.2010
BDT 3,458,768,235
BDT 574,225,960
BDT 2,884,542,275
BDT 728,071,210.30

Current Assets
Current Liabilities
Net Working Capital
Industry Average

31.12.2009
BDT 1,388,597,492
BDT 674,251,885
BDT 714,345,607
-BDT 284,981,202.300

31.12.2008
BDT 2,131,239,364
BDT 1,629,037,379
BDT 502,201,985
-BDT 1,138,741,874.000

Cash Conversion Cycle=ITOP+DSO-DPO

ITOP=Inventory Turnover Period
DSO=Daily Sales Outstanding
DPO=Days Payable Outstanding
CCC=Cash Conversion Cycle
Industry Average

31.12.2010
102.40
42.20
53.80
90.80
130.205 days

31.12.2009
82.10
38.80
48.80
72.10
135.045 days

31.12.2008
131.80
57.40
47.00
142.20
195.7 days

Market value of equity=Price per share *shares outstanding

Price per share
Number of shares outstanding
Market value of equity

31.12.2010
BDT 7,169.50
2243862
BDT 16,087,368,610.00

31.12.2009
BDT 2,792
2243862
BDT 6,264,862,704

31.12.2008
1,982.25
2243862
BDT 4,447,895,450

Fair/Market Value of Total Company=

Market value of Debt
Market value of equity
Fair/Market Value of Total Company

31.12.2010
BDT 3,281,569
BDT 16,087,368,610
BDT 16,090,650,180

31.12.2009
BDT 314,647,080
BDT 6,264,862,704
BDT 6,579,509,784

31.12.2008
BDT 1,316,052,857
BDT 4,447,895,450
BDT 5,763,948,307

True value of the company = EBIT *PE

EBIT

31.12.2010
BDT 2,267,332,719

31.12.2009
BDT 479,839,569

31.12.2008
BDT 242,806,024

PE Ratio
True Value

8.15
BDT 18,478,761,660.00

15.80
BDT 7,581,465,190

24.70
BDT 5,997,308,793