伊娃管理系统介绍[精品].pptxVIP

New York ? Chicago ? Los Angeles ? London ? Paris ? Milan ? Munich ? Tokyo Sao Paulo ? Singapore ? Sydney ? Johannesburg ? Shanghai;Contents;;EVA? is Earnings After the Cost of Capital;The intrinsic value is the determinant of the market value in efficient capital market;;EVA measure gives more insights into the business;;From the traditional accounting model to the economic model of the firm;Optimizing the EVA Measure;;;;Cost of Equity Capital (required return byequity holders);In general, a higher business risk implies higher beta value, hence higher cost of equity;To calculate Beta, a list of peers need to be identified for {Client};;;;Goal setting and benchmarking;In the EVA framework, Market Value can be broken down into Future Growth Value and Current Operations Value ;Future growth value represents an expectation of increase in EVA;;Taking {Client’s} FGV of $691m, we convert it into implied annual Expected Improvements in EVA (EI) ;To achieve EIs, management should first understand the current EVA by focusing on return on capital;;{Client 1999};;;Summary of Benchmarking study ;Looking at best in class Margin and Turnover, we can chart the EVA of {Client} under different scenarios;;The industry value-based strategy map indicates the market’s approval of certain business strategies;1、Genius only means hard-working all ones life. (Mendeleyer, Russian Chemist)? 天才只意味着终身不懈的努力。20.8.58.5.202011:0311:03:10Aug-2011:03 2、Our destiny offers not only the cup of despair, but the chalice of opportunity. (Richard Nixon, American President )命运给予我们的不是失望之酒，而是机会之杯。二〇二〇年八月五日2020年8月5日星期三 3、Patience is bitter, but its fruit is sweet. (Jean Jacques Rousseau , French thinker)忍耐是痛苦的，但它的果实是甜蜜的。11:038.5.202011:038.5.202011:0311:03:108.5.202011:038.5.2020 4、All that you do, do with your might; things done by halves are never done right. ----R.H. Stoddard, American poet做一切事都应尽力而为，半途而废永远不行8.5.20208.5.202011:0311:0311:03:1011:03:10 5、You have to believe in yourself. Thats