Du-pont analysis between four companies

AMITY UNIVERSITY RAJASTHAN

Du-Pont Analysis of four companies Submitted to: Mr. Udyan Karnatak Mr. Amish Dugar Submitted by: Gaurav Bhargad BBA 4th semester

INTRODUCTION

INTRODUCTION
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First started by Du-Pont corporation in 1920. Used to calculate Return On Equity. Used by High Turnover industries like grocery shops.

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Used by High Margin industries like the Fashion industries.
Return of Equity between 15% to 20% is considered good.

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CALCULATION OF DU-PONT
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(Net Sales – Cost of Goods Sold – Operating Expenses – Interest – Taxes) = Profit after tax

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(Profit after Tax / Sales) = Net Profit Margin
(Sales / Total Asset) = Total Asset Turnover.

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(Net Profit Margin x Total Asset Turnover) = Return on total Assets.
(Total Assets / Net Worth) = Financial Leverage.

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(Return on Total Assets x Financial Leverage) = Return on Equity.

RETURN ON EQUITY FOR TATA COMMUNICATIONS
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Profit after Tax (-2626.73) / Sales (3283.30) => Net Profit Margin (-0.80002)
Sales (3283.30) / Total assets (1952.16) => Total asset turnover (1.6818) Total assets (1952.16) / Net worth (6088.60) => Financial leverage (0.3206) Net profit margin (-0.080002) x Total asset turnover (1.6818) => Return on total asset (-1.3454) Return on total asset (-1.3454) x Financial leverage (0.3206) => Return on equity (-0.4313)

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RETURN ON EQUITY FOR RELIANCE COMMUNICATIONS
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Profit after Tax (-2830.37) / Sales (17148.48) => Net Profit Margin (-0.1650)

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Sales (17148.48) / Total assets (61808.46) => Total asset turnover (0.2774)
Total assets (61808.46) / Net worth (24428.89) => Financial leverage (2.5301) Net profit margin (-0.1650) x Total asset turnover (0.2774) => Return on total asset (-0.04577) Return on total asset (-0.04577) x Financial leverage (2.5301) => Return on equity (-0.1158)

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RETURN ON EQUITY FOR APPLE INC.
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Profit after Tax (4214) / Sales (21334) => Net Profit Margin (0.1975)

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Sales (21334) / Total assets (39572) => Total asset turnover (0.5391)
Total assets (39572) / Net worth (20538) => Financial leverage (1.9267) Net profit margin (0.1975) x Total asset turnover (0.5391) => Return on total asset (0.1064) Return on total asset (0.1064) x financial leverage (1.9267) => Return on equity (0.2050)

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RETURN ON EQUITY FOR SAMSUNG
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Profit after Tax (3733292) / Sales (88526410) => Net Profit Margin (0.0421)

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Sales (88526410) / Total assets (92317307) => Total asset turnover (0.9589)
Total assets (92317307) / Net worth (57375663) => Financial leverage (1.6089) Net profit margin (0.0421) x Total asset turnover (0.9589) => Return on total asset (0.0403) Return on total asset (0.0403) x financial leverage (1.6089) => Return on equity (0.0648)

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CONCLUSION
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Du-Pont helps us to understand and know: Total Shareholders wealth Total assets both Fixed and Current as well as tangible and intangible.

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Return on Equity
High Return on Equity = Profits Low or negative Return on equity = Loss

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THANK YOU



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