Morningstar Catalog 2010/2011 - (Page 69)

+ 1 866 374 – 8800 global.morningstar.com 69 Ibbotson Cost of Capital Resources Center Essential online valuation resources. ® 3 On-demand library of research with more than 160,000 downloadable reports 3 Custom peer groups for specialized industry analysis The Ibbotson Cost of Capital Resources Center is a convenient online portal to more than 160,000 downloadable Ibbotson reports. Available as individual modules or as a complete system, this resource provides immediate access to current and historical reports on 350 industries and 10,000 companies in the United States. ® Data as of June 30, 2010 SIC 2 Sales (mil$) Total Average Three Largest Companies Total Capital (mil$) 1,657,130.28 3,792.06 Total Average Three Largest Companies Number of Companies: 437 Manufacturing 2,191,890.90 5,015.77 Industry Description Food and kindred products; tobacco products; textile mill products; apparel and other finished products made from fabrics and similar materials; lumber and wood products; furniture and fixtures; paper and allied products; printing, publishing, and allied industries, chemicals and allied products; petroleum refining and related industries. ExxonMobil Corporation Chevron Corporation ConocoPhillips Three Smallest Compaines Hemispherx Biopharma, Inc. Dendreon Corporation Cadus Corporation 310,586.00 171,636.00 152,840.00 ExxonMobil Corporation Pfizer Inc. Chevron Corporation Three Smallest Compaines ADM Tronics Unlimited, Inc. Mobile Area Networks Inc Human Pheromone Sciences,Inc. 277,722.93 172,746.07 146,820.46 0.11 0.10 0.10 0.75 0.54 0.49 Sales, Income & Market Capitalization (bil$) Sales 1,657.13 2,195.52 1,892.87 1,743.77 1,661.11 Distribution of Sales & Total Capital (mil$) Operating Income 168.20 207.11 272.48 261.40 219.12 Net Income 117.31 95.95 146.56 147.85 125.12 Equity Capital 1,886.71 1,784.04 2,366.02 2,260.77 1,991.87 Debt Capital 400.94 360.89 320.16 288.09 273.95 Distribution of Sales Latest 5-Yr Avg 5,175.14 5,393.66 1,244.02 1,249.08 148.27 126.77 15.74 14.77 1.71 1.94 Latest 7,222.36 1,659.51 292.58 74.97 20.21 Total Capital 5-Yr Avg 7,864.19 1,654.30 321.80 92.01 27.50 Current Year Last Year 2 Years Ago 3 Years Ago 4 Years Ago 90th Percentile 75th Percentile Median 25th Percentile 10th Percentile Growth Over Last 5 Years (%) Net Sales 7.16 3.46 3.17 -10.41 Operating Income 6.03 -2.63 -2.92 5.87 Net Income 7.81 1.83 1.25 12.50 Compound Annual Equity Return (%) 75th Percentile Median 25th Percentile SIC Composite Large Composite Small Composite 5 Years 5.59 -5.86 -20.11 1.82 1.73 -7.34 10 Years 8.54 -0.98 -14.31 1.72 1.53 -13.37 Annualized Statistics for Last 10 Yrs (%) Average Return Median SIC Composite Large Composite Small Composite S&P 500 SIC Composite Large Composite Small Composite -0.27 2.54 2.38 -3.05 Std Deviation 16.22 13.01 13.27 51.00 Detailed industry analysis reports explore U.S.based industries by SIC code, with five distinct measures of cost of equity and weighted average cost of capital. Statistics are available for sales, profitability, capitalization, beta, multiples, ratios, industry returns, and capital structure. With Peer Group Builder, valuation professionals can create custom industry reports, tailoring their classifications to include companies across multiple SIC codes. Peer Group Builder produces the same type of reports professionals have relied on for years from the Ibbotson ® Cost of Capital Yearbook. The SBBI Valuation Essentials module highlights information from the Ibbotson ® SBBI ® Valuation Yearbook, including historic long-, intermediate-, and short-horizon risk premia, as well as mid-, low-, and micro-cap size premia. Researchers can tap into beta calculations for approximately 5,000 U.S. companies. Levered and unlevered betas are available, as well as those adjusted by peer group and industry average, with Fama-French three factor model inputs. International cost of capital reports estimate cost of equity and equity risk premia for more than 170 countries. Purchase and download reports global.morningstar.com/CCRC Cost of Equity Capital (%) CAPM 10.38 8.49 8.17 14.46 Betas CAPM + Size Prem 13.58 9.57 8.17 18.45 3-Factor Fama-French 13.34 7.91 7.29 22.06 1-Stage 16.16 12.46 11.76 15.89 Median SIC Composite Large Composite Small Composite Discounted Cash Flow 3-Stage 12.50 13.11 13.95 NMF Levered Raw Beta 1.17 0.71 0.66 1.87 Adjusted Beta 0.99 0.71 0.66 1.60 Unlevered Adjusted Beta 0.79 0.60 0.57 1.57 Weighted Average Cost of Capital (%) CAPM 9.98 7.78 7.46 14.56 Capital Structure Ratios (%) CAPM + Size Prem 12.54 8.66 7.46 18.47 3-Factor Fama-French 12.04 7.31 6.73 22.02 1-Stage 14.52 11.03 10.39 15.94 Searchable report libraries. Web-based research modules provide convenient and immediate access to Ibbotson cost of capital and valuation data. Equity Valuation Ratios (Multiples) Latest 15.79 16.12 14.23 NMF Median SIC Composite Large Composite Small Composite Discounted Cash Flow 3-Stage 11.41 11.56 12.19 NMF Latest 17.87 18.79 18.06 2.49 Debt/Total Capital 5-Yr Avg 15.98 16.71 15.64 4.70 Latest 21.76 23.13 22.04 2.56 Debt/MV Equity 5-Yr Avg 19.02 20.06 18.54 4.93 Dividend Yield Median SIC Composite Large Composite Small Composite Price/Earnings 5-Yr Avg 18.88 16.82 14.70 NMF Market/Book Latest 5-Yr Avg 2.09 2.55 1.92 2.51 1.84 2.49 8.18 6.56 Latest 1.39 1.08 1.03 223.50 Price/Sales 5-Yr Avg 1.85 1.12 1.08 71.38 Price/Cash Flow Latest 5-Yr Avg 8.13 11.30 9.23 9.65 8.80 9.02 NMF NMF Price/Oper Income Latest 5-Yr Avg 10.29 12.91 10.64 9.11 9.53 8.14 NMF NMF (% of Price) Latest 0.00 2.96 3.37 0.00 5-Yr Avg 0.00 2.50 2.69 0.02 Margins (%) Latest 0.21 10.82 11.41 -2,225.40 Growth Rates Oper Margin 5-Yr Avg 2.44 13.88 14.94 -1,100.32 Latest -0.91 6.70 7.22 -3,073.03 Median SIC Composite Large Composite Small Composite Net Margin 5-Yr Avg -0.72 6.69 7.37 -1,382.08 Asset Turnover Latest 5-Yr Avg 81.06 81.42 95.15 116.55 97.85 123.27 2.68 5.14 Return on Inv. Cap Latest 5-Yr Avg 1.76 0.70 8.41 10.74 9.33 12.59 -92.84 -97.50 Return on Assets Latest 5-Yr Avg -1.07 -0.54 6.38 7.81 7.07 9.10 -82.20 -69.81 Return on Equity Latest 5-Yr Avg 5.29 3.75 13.94 17.35 15.36 19.90 -112.43 -127.36 Analysts’ Estimate 16.16 9.23 8.12 15.88 ©2010 Morningstar. All Rights Reserved. Morningstar has used the utmost care in compiling the data presented herein, but cannot guarantee the accuracy, completeness, or timeliness of the information. Set Custom Criteria Select Companies Generate Peer Groups Tailored industry valuations. With Peer Group Builder, researchers can select their own peer groups for custom industry and cost of capital analyses. http://global.morningstar.com http://global.morningstar.com/CCRC

Table of Contents for the Digital Edition of Morningstar Catalog 2010/2011

Morningstar Catalog 2010/2011
Contents
Legg Mason
T. Rowe Price
E*TRADE
Raymond James
Morningstar Direct
RBC Global Asset Management (U.S.) Inc.
Morningstar® EnCorr®
CPMS Equity Market Service and CPMS Backtest Service
Morningstar® Workstation
Morningstar® Annuity Research CenterSM
Morningstar Quotes
Alpari (UK) Ltd
Morningstar LIM
Morningstar® QuoteSpeed
Morningstar® Fund Research
Morningstar® Equity Research
ING
Morningstar® ETF Research
Morningstar® Corporate Credit Research
Morningstar Realpoint
Morningstar Associates
Ibbotson Associates
Morningstar Investment Services
Morningstar® Licensed Data
Morningstar® Document Library
Manager Benchmarks
Manager Profiles
Morningstar® Alternative Investment Center
Morningstar® Traded Fund Center
Morningstar® Pension and Endowment Center
Morningstar® Indexes
Morningstar® Equity Licensed Data
Morningstar® Document Research
Morningstar FootnotedPro
Morningstar® Advisor Workstation
Morningstar® Analyst Research Center
Morningstar® Portfolio Builder
Morningstar® Annuity Analyzer
Morningstar® Enterprise Data Management
Morningstar® Site Builder and Licensed Tools
Investor Relations Services
Morningstar® Advisor Websites
Morningstar Office
Labrum Capital Advisors, LLC
Morningstar® Principia
CPMS Model Portfolios
Advisor Professional Development
Morningstar® Newsletter Builder
Financial Charts and Presentations
Ibbotson® SBBI® Classic Yearbook
Corporate Performance Graph Service
Morningstar® Institutional Marketing and Sales Solutions
Morningstar® Investment Profiles and Guides
Morningstar Valuation Services
Ibbotson Valuation Publications
Ibbotson® Cost of Capital Resources Center
Advertising Services
Customer and Employee Incentive Programs
Morningstar.com®
Global Investing Websites
Morningstar® Investment Research CenterSM
Newsletters and Books

Morningstar Catalog 2010/2011

http://www.nxtbookMEDIA.com