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Standard deviation of all five companies

Panasonic A V C Networks India Co. Ltd. 6.9

Sharp India Ltd. 19.7

Trend Electronics Ltd. 23.3

Videocon Industries Ltd. 23.9Mirc Electronics Ltd. 19.4

On the basis of following information about the standard deviation of all the five companies we can

easily make a positive decision towards the company having the minimum value of standard

deviation. Which is the PANASONIC AVC NETWORKS INDIA CO. LTD., because the companies

standard deviation is lowest as comparing to the other four companies in the same sector. All the

other companies are having the higher rate of risk which we can analyse with the standard deviation

data.

PBIT OF ALL THE FIVE COMPANIES YEAR WISE

2008 2009 2010 2011

Panasonic A V C Networks India

Co. Ltd.

63.75 38.2 37.41 47.76

Sharp India Ltd. 6.01 1.58 21.3 NA

Trend Electronics Ltd. 0.42 0.78 1.73 1.09Videocon Industries Ltd. 18.09 17.02 16.64 70.95

Mirc Electronics Ltd. 1455.3 1623.25 1376.75 2046.07

If we see the data year wise we can see the PBIT of the Mirc electronics ltd. Is the highest as

comparing it with the other four companies in the year 2008.

In the year 2009, condition is same in further years where the PBIT is highest in MIRC

ELECTRONICS LTD.

Now the second most valuable company which is in the good situation is Panasonic avc

networks India ltd., but we can see one thing in the data of 2008 that the PBIT of PanasonicIndia ltd. Is 63.75 and in the year 2009 it becomes 38.2, which is nothing but half of the

previous year. Here we can make a prediction that the company is having a value of capital

of some EXTRAORDINARY PROFIT in the year 2008. After the year 2008 the data is showing

the same rate of growth.

NOTE: WE DO NOT USE EXTRAORDINARY YEAR IN THE CALCULATION OF GROWTH OF THE

COMPANY.

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PBIT ON AN AVERAGE BASIS


Sharp India Ltd. 1


Videocon Industries Ltd. 30.67Mirc Electronics Ltd. 46.78

CONSUMET ELECTRONICS INDUSTRIAL PBIT 1528.82

Here by taking the average values of all the companies for four years we are getting the highest PBIT

IN 1625.09 which is of TREND ELECTRONICS LTD. So the trend ltd. is in the better condition by

analysing through PBIT. And the second most profitable company is mirc electronics ltd. which is

having a 46.78. And also comparing the trend ltd with the whole industry it is giving the better result

as compare to other companies.

RONW OF ALL THE COMPANIES YEAR WISE

2008 2009 2010 2011

Panasonic A V C Networks India Co. Ltd. 13.94 2.61 6.11 9.77

Sharp India Ltd. 10.92 2.17 32.02 NA

Trend Electronics Ltd. -27.59 -7.83 5.41 0.99

Videocon Industries Ltd. 5.6 2.71 4.29 21.39

Mirc Electronics Ltd. 15.84 17.17 6.81 8.88

Return on net worth is basically what return a company is getting on its assets. So the company

which have the higher rate of return of net worth will be in a secured position or lesser risky.

Here mirc. Electronics ltd. is having the highest return on assets which is 15.84 and if we see trend

electronics is showing the negative value which shows the company is not able to get the proper

return on assets. Accordingly we can compare the returns for the further years also.

RONW ON AN AVERAGE BASIS


Sharp India Ltd. -7.25


Videocon Industries Ltd. 8.5

Mirc Electronics Ltd. 8.11

RONW OF CONSUMER ELECTRONICS 5.85

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On an average the highest return is gain by Panasonic avc India pvt ltd. which is 15.04 and on the

second position is videocon industries ltd which is 12.17. and sharp India ltd is showing a negative

figure which is -7.25(not able to maintain the RONW ratio) which means there is a chance of

insolvency of the company in future so the company is all risky in nature.

ROCE OF ALL FIVE COMPANIES YEAR WISE

2008 2009 2010 2011

Panasonic A V C

Networks India Co.

Ltd.

9.77 1.74 4.09 7.52

Sharp India Ltd. 10.92 2.17 32.02 Na

Trend Electronics

Ltd.

-27.59 -7.83 5.41 .99

VideoconIndustries Ltd.

2.03 .98 1.47 8.56

Mirc Electronics

Ltd.

9.37 10.14 3.71 4.83

From shareholders point of view it is important to know how much return we get on capital

employed, the higher the return the higher the gain for the shareholder the lower the return the

lower the gain for shareholder. So here in the year 2008 sharp India ltd is having the highest rate of

return on capitol employed so from single year point of view in 2008 the sharp India ltd is in the

better condition but further the condition is a bit different. In the year 2009 the condition of sharp

India ltd goes down and merc still remains its position so we can say that there is a fluctuation is the

data of ROCE. It is better to take the average data of ROCE.

ROCE ON AN AVERAGE BASIS


Sharp India Ltd. -7.25


Videocon Industries Ltd. 3.26

Mirc Electronics Ltd. 5.78

RONW OF CONSUMER ELECTRONICS 3.34

If we see on an average basis shareholders are in better situation is they opt Panasonic avc networks

India co. ltd. which has a return of 15.04, highest amongst the other four companies, it is a gainful

condition for the shareholders and sharp India ltd. is the company which is not a beneficial company

from shareholders point of view.

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Fm Project 1 (1)