D 2003

EVA Ratio In Industrial Companies Analysis

SUCHÁNEK, Petr and Martin KRIŠTOF

Basic information

Original name

EVA Ratio In Industrial Companies Analysis

Authors

SUCHÁNEK, Petr (203 Czech Republic, guarantor) and Martin KRIŠTOF (203 Czech Republic)

Edition

1. vyd. Brno, Management, Economic and Business in new Europe, p. 163-168, 6 pp. 2003

Publisher

VUT FP Brno

Other information

Language

English

Type of outcome

Stať ve sborníku

Field of Study

50200 5.2 Economics and Business

Country of publisher

Czech Republic

Confidentiality degree

není předmětem státního či obchodního tajemství

RIV identification code

RIV/00216224:14560/03:00008004

Organization unit

Faculty of Economics and Administration

ISBN

80-214-2382-X

Keywords in English

EVA ratio; financial analysis

Tags

Tags

Reviewed
Změněno: 17/1/2007 01:20, Ing. Martin Krištof

Abstract

V originále

The paper gives a notice to risks and problems associated with using the EVA ratio in corporate praxise. We used partly experiences and effects from our research: Multifactorial Analysis of the Czech Companies Succesfullness. The article shows the result of the EVA analysis from twenty tree Czech companies from different branches of industry that were fairly analysed. The methodology was based on standard procedures used by Ministry of Industry and Trade or Czech Statistical Office uses. Our hypothesis stated that the EVA Ratio is useful tool not only for evaluating the successfulness of a company and can be used for determination of break-points in history of a company. This hypothesis has been partially verified - 70 % of managers involved in our qualitative research confirmed determined period (or year) as a break point, while the others disagreed or explained this break-point as a result of accounting operations or large investment.

Links

GA402/00/0368, research and development project
Name: Multifaktorová analýza úspěšnosti podniku
Investor: Czech Science Foundation, Multi-factor analysis of company successfulness