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Valuation of Shares

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

The following method are used for valuation of stocks except:

a)

Income based

b)

Asset based

c)

Dividend based

d)

All the above

2.

The valuation of shares is necessary for both public and private companies because:

a)

To know the performance of the shares traded at stock market

b)

To know the value for the purpose of merger and acquisition

c)

To know the value of the assets and liabilities

d)

To know the value of share to be disposed when company liquidate

3.

Identify the method used for valuation of business under earnings-based approach:

a)

Dividend yield

b)

Earnings per share

c)

Price earnings ratio

d)

Dividend growth

4.

XYZ pays a constant dividend of RM0.45. It has 5,000,000 ordinary shares. The shareholders require a return of 10%. What is the value per share?

a)

RM4.00

b)

RM4.50

c)

RM5.00

d)

RM5.50

5.

XYZ pays a constant dividend of RM0.45. It has 5,000,000 ordinary shares. The shareholders require a return of 10%. Determine the value of firm.

a)

RM20.5 million

b)

RM22.5 million

c)

RM25.0 million

d)

RM25.5 million

6.

JKL Bhd has paid up share capital made up of RM1.00 per share for RM6 million

Dividend per share paid for the year 2020 is RM0.35

Dividend paid four years ago RM0.20

Required Return = 17%

Using the dividend valuation method.


Q6a. Calculate the dividend growth

a)

15%

b)

15.25%

c)

15.5%

d)

16%

7.

Refer answer from Q6a.

JKL Bhd has paid up share capital made up of RM1.00 per share for RM6 million

Dividend per share paid for the year 2020 is RM0.35

Dividend paid four years ago RM0.20

Required Return = 17%

Using the dividend valuation.


Q6b. Calculate the value of firm

a)

RM119 million

b)

RM125 million

c)

RM130 million

d)

RM120 million

8.

The following information relates to MNO Co.

RM’000

Revenue 4,000

COGS 3,000

Gross Profit 1,000

Operating Costs 500

Net Profit 500

Number of Shares 1,000

Share Price RM5.00

Industry P/E Average 10


What is the Value of the Company Using the P/E ratio calculation?

a)

RM6m

b)

RM5m

c)

RM8m

d)

RM7m

9.

The industry average P/E ratio for the textile industry is 13. JKR Bhd, an unlisted textile company have an EPS of RM0.25 and 10.5 million paid up share capital. What is the value of the firm?

a)

$34.13 million

b)

$32.53 million

c)

$25.37 million

d)

$33.25 million

10.

A business pays dividend RM0.25 per share this year that is expected to grow at 4% forever. Using the present value of future cash flows, determine the value per share if their cost of capital is 10%?

a)

RM5.33

b)

RM5.15

c)

RM4.33

d)

RM4.26