Masco Corporation

Masco Corporation
The company which this report about is:
Masco Corporation( http://masco.com/ )
Written Report Points Comments
Executive Summary
Stand-alone document…summary of the analysis conducted
Organizational Overview
Overview of the company’s operation
• High level business structure – how is the operation organized? • Key products, services and/or brands, and key competitors • High level revenue and profitability information • Management team data about changes, experience +/-, etc. • Key material news items with potential impact on company and/or operations…vulnerabilities, lawsuits, publicity +/-, etc.
Industry Attractiveness and Relative Strength
External/Internal Analysis Summary and Conclusion
• Forward attractiveness (profitability potential) of theindustry/sector • Strength and weakness of the company relative to rivals (SWOT Analysis) • Key underlying concerns for the industry (intensification of rivalry, convergence, disruption, etc.) Porter’s Five Forces, PESTEL, Specific Factors (management, technology, culture, distribution, etc.) Corporate Level Strategy Business Level Execution Identification & Integration
• Corporate Level Strategy – high level, longer term oWhat they want to do – organizational focus and direction o Why they want to do it – does this make sense given what you know about the company? o Where they want to do it – geographic, product portfolio emphasis, etc. • Business Level Execution of the corporate level strategy. What is the company now doing to achieve the corporate level strategy? Is the company taking steps to achieve what it says it wants to achieve? Provides the operations and tactics that the company plans to execute in pursuit of the corporate level strategy o Provides an assessment of the fit between corporate strategy and business execution
Financials
Financial Statement Analysis and Interpretation
• Statement Analysis…comparative, trend, and absolute analysis of: o Statement of Comprehensive Income (Income Statement) o Statement of Changes in Financial Position (Balance Sheet) o Statement of Cash Flow o Recent quarter & year, recent quarterly and annual trends ▪ Conclusions relating to strengths and/or concerns • Financial Structure Analysis * Key Cost Drivers & Cost Structure configuration * Debt/Equity structure * Debt maturity analysis and concerns * Interest coverage
Liquidity, Solvency, Capacity
• Three Key Conclusions: Liquidity (near-term), Solvency (going forward), Capacity (strength of ability to acquire and deploy capital resources)
Corporate Forecast & Risk Assessment
• Financial strength assessment on ability to grow or maintain revenue and profitability levels.
Assessment
• Five-year forecasted Statement of Comprehensive Income, supported by valid and credible assumptions. • Forward-looking cash flow assessment for near-term (3 yrs) – strengths and/or concerns relating to committed capital investments, debt maturity (10 yrs), anticipated profitability and/or performance issues, etc. Include recognition of impact on Statement of Changes in Financial Position (Balance Sheet) where material/meaningful. • Acknowledge and assess any restrictive covenants currently governing existing and/or future credit facilities. • Identify key risks, other material factors (10K), and risk mitigation strategies such as set asides that may affect your forecast and the future of the organization.
Conclusion and Recommendations
Key Analytical Conclusions
• Summary of key analytical conclusions (pros/cons) derived from your analysis
Recommendation Identification and Validation
• Recommendation to add or not add the company to your portfolio. • Expanded discussion of key reasons for your recommendation… be sure to offer a valid and credible summary defense of these reasons.
INFORMATION SOURCES
Cut and Paste Guidelines: Candidates are encouraged to prepare their reports (particularly their analytical findings) and applicable supporting documentation without direct copy and pasting. Having said this, where you feel it is best to do so, source identification is required. Company Specific • Company 8K and 10K Reports • Company Annual Report • Company Quarterly Reports • Company Events & Presentations • Company News Releases, Overviews, Fact Sheets External Sources • Investopedia • Googlefinance • SEDAR (Canadian Regulatory Filings) • EDGAR (SEC – Filings) • Business News & Alternate Sources (Reuters, Financial Times, Yahoofinance, Business & Human Rights Resource Center, etc.,…must be credible)
Draw a schedules for finance section like the sample report which I upload it.