AVAVA - Fundamental Analysis Course "INDIA & Overseas"

	Fundamental Analysis Course- Beginners Module
course Part - I	(CERTIFICATE COURSE) Join Now
	Part time course
	Introduction & Importance of Fundamental Research

	Market Cycle Model

	Financial Market and the Business Cycle

	Intrinsic Value What is intrinsic Value Calculation of Intrinsic Value

	Efficient Market Theory
	Difference between Technical & Fundamental Analysis


Part - II
	Economic Cycles Depression Recovery Boom Recession

	Politico-Economic Analysis Equation Forex Foreign Exchange Risk Restrictive Practices Debt & Balance of Trade Inflation Threat of Nationalization Interest Rates Taxation Govt. Policy Saving & Utilization The Infrastructure Budgetary Deficit Monsoons Employment

Part - III	SECTOR/INDUSTRY ANALYSIS
	Cycle : a) Entrepreneurial S., b) Expansion S., c) Stabilization S., d) Decline S.. Industry vis-�-vis Economy

	Competition: (Barrier to entry, The threat of substitution, Bargaining
	power of the buyers, Bargaining Power of suppliers, Rivalry among
	competitors)

	Fine points for Selecting an Industry

	COMPANY ANALYSIS
Part - IV	1.) Management Family Managed Professionally Managed
	2.) The Company

	3.) Annual Report: The Directors' Report The Auditors Report The Financial Statement: a.) Balance Sheet, b.) Source of Funds, c.) Shareholders funds, d.) Share Capital, e.) Reserves, f.) Loan Funds, g.) Fixed Assets, h.) Investment, I) Current assets: (inventories, trade debtors, prepaid expenses, cash and bank balance, loan and advances, other current assets), j) Current Liabilities, k) Sales l) Other income m) Material n) Employment Cost o) Operating and other expenses p) Interest and finance charges q) Depreciation r) Taxation s) Dividends t) Reserves u) Contingent Liabilities Schedules and Notes to the Accounts

	RATIOS ANALYSIS
Part - V	1.) Market Value P/E Ratio Market to Book Ratio

	2.) Earnings Earning Per Share Cash Earning Per Share Dividend Per Share Dividend Payout Ratio

	3.) Profitability Return on Total Assets Return on Equity Pre-interest Return on Assets Pre-interest after tax return of assets Return on Total Invested Capital

	4.) Liquidity Current Ratio Quick or acid test Net Current Assets Net trade cycle Defensive Interval Current Liability coverage

	5.) Leverage Liabilities to assets ratio Debt to assets ratio Debt to net worth Ratio Liabilities to net worth Incremental Gearing Other Ratios

	6.) Debt Service Capacity Debt Coverage Liability Coverage Interest Cover Fixed Charge Cover Cash Flow Surplus

	7.) Asset-Management/Efficiency Stock Utilization Average Collection Period Average Payment Period Total Asset Utilization Fixed Asset Utilization

	8.) Margins Gross Margin Operating Margin Breakeven Margin Pre-financing Margin Pretax Margin Net Profit Margin

	Cash Flow

	Last Pints :- (Step by Step)

	Conclusion/Summary