• A
  • A
  • A
  • ABC
  • ABC
  • ABC
  • А
  • А
  • А
  • А
  • А
Regular version of the site

Value Investment Approach by Benjamin Graham

Student: Guskov Dimitriy

Supervisor: Nikolay I. Berzon

Faculty: Faculty of Economic Sciences

Educational Programme: Financial Engineering (Master)

Year of Graduation: 2019

The main aim of this work is the consideration of some companies between 2006-2010 using the criterias of Benjamin Graham and further comparison of expectable and real results. The main company choice is based on multiple comparison of p/e and p/bv between industry average and company values on the statistics of 2010. During the five year period between 2006-2010 companies were valuated with useful of indicators such as: p/bv, p/e, eps, d/e, book value per share. In addition, there were considered factors such as, current assets of the companies, payment of dividends, net income of the companies and also quantity of cash from operating, financial and investing activities.

Student Theses at HSE must be completed in accordance with the University Rules and regulations specified by each educational programme.

Summaries of all theses must be published and made freely available on the HSE website.

The full text of a thesis can be published in open access on the HSE website only if the authoring student (copyright holder) agrees, or, if the thesis was written by a team of students, if all the co-authors (copyright holders) agree. After a thesis is published on the HSE website, it obtains the status of an online publication.

Student theses are objects of copyright and their use is subject to limitations in accordance with the Russian Federation’s law on intellectual property.

In the event that a thesis is quoted or otherwise used, reference to the author’s name and the source of quotation is required.

Search all student theses