Exmar, a Belgian company, listed on EURONEXT. why invest in this company?

2. 


Activities
Balance sheet and income statement
Financial ratios
◦ Liquidity ratios
◦ Solvency ratios
◦ Profitability ratios


The Exmar share
Conclusion

3. 

Transport of gases
Other services activities

4. 1600
1400
1200
1000
June 30,2013
800
600
June 30,2012
400
200
0
Total Assets
Total Liabilities
Total Equity

5. 250
200
150
June 30,2013
June 30,2012
100
50
0
Turnover
EBITDA
Operating result
(EBIT)
Result after taxation
EBITDA = earnings before interest, taxes, depreciation
and amortization

6. 

Liquidity = ability of a business to pay its current
liabilities using its current assets
Current ratio = 1.78 -> cash > current liabilities
=

7. 


Solvency = ability to pay off long-term
obligations
Measures the use of debt to finance an
activity
Total Debt to Equity
1.58

8. 
Ability to earn profit for its owners

Net profit margin TTM
23.83%

9. 
NYSE Euronext Brussels

10. 

Dividend yield
Dividend yield 5 year avg
5.72%
3.98%

11. Negative
-
-
Quite expensive share:
the price reflects
already its growing
earnings power
Technical and
complicated activity
Positive
-
-
-
Yearly dividend =
regular income
Performs better than
the market
Healthy company