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2010 2009

Net ncome attributable to


equity
1,700,199,341 1,022,612,919
Weighted Average of
common Shares
377,056,150 377,056,150
Consolidated Net ncome 1,727,718 1,029,771
Total equity 9,920,566 8,613,923
Total Assets 63, 629, 135 59,576, 309
Earnings before nterest
and taxes
2,156,1870.658
Dividend per share 2.65


A. EARNNGS PER SHARE
Basic Earnings per share (Basic EPS) tells an investor how much of the company's
profit belongs to each share of stock while Diluted EPS is for companies that have a
complex capital structure (that is, they have issued potential dilutive securities). Diluted
EPS takes into account all of the outstanding dilutive securities that could potentially be
exercised (such as stock options and convertible preferred stock) and shows how such
an action would impact earnings per share. Companies with a complex capital structure
must report both basic EPS and diluted EPS to provide a more accurate picture of their
earnings per share; basic EPS will always be the higher of the two.
The recorded Net income attributable to equity in the year 2010 and the weighted
average number of common shares outstanding after giving retroactive effect to stock
dividends declared and stock rights exercised during the year. The group does not
have dilutive potential common shares.
Basic Earnings per share is computed by dividing net income for the year attributable to
equity holders of the Parent Company by the weighted average of number if common
shares outstanding during the year.
The company namely First Metro nvestment Corporation has earning per share of
4.51 in the year 2010. n the prior year, the EPS has a value of 2. 71. n analysing the
record shown, there is a 66% increase in the value of EPS.



B. RETURN ON EQUTY
Return on Equity is a ratio that evaluates how the company is doing. t is known as the
single best accounting measure of performance.. n the field of investment, investors
like high ROE for it is correlated with high stock prices thus the management has been
judged as doing a good job as the ratios convey a better performance in the future.
The Company's Return on equity is computed by dividing the Consolidated or the
Parent Net ncome by the average Total Equity for 2009 and 2010.
First Metro nvestment Corporation has an ROE of 18.6 in the year 2010 in comparison
with the 12.9 Return on Equity in 2009. t shows the increase of ROE by about 44%.

C. BASC EARNNGS POWER RATO
Basic Earnings Power Ratio indicates the ability of the firm's assets to generate
operating ncome. t is a useful tool in comparing companies or corporations that has
different debt and tax situations.
n determining BEPR, the computation of Earnings before nterest and Taxes must be
determined first. Using the determined Earnings before nterest and Taxes, it will be
divided by the Average Total Assets for 2009 and 2010. The BEP determined in the
computation is .0349 or 3.49%.

D.PAY OUT RATO
The pay-out ratio indicates how well earnings support the dividend payments: the lower
the ratio, the more secure the dividend because smaller dividends are easier to pay out
than larger dividends. The amount of earnings paid out in dividends to shareholders.
nvestors can use the pay-out ratio to determine what companies are doing with their
earnings.

n determining the Pay out Ratio for The First Metro nvestment Corporation, the
dividend per share is divided by the Earnings per share. The Pay out ratio for 2009 is
not available since the company did not declare any dividends during that year while the
Pay out ratio for 2010 is 58.76 %.

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