mehodology and instruments of enterprise investment attractiveness

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Dovgal I.O.
Scientific supervisor:
Ph.D. in Economics, Magdich A.S.
Structure
Chapter 1. Theoretical and methodological foundations of
enterprise investment attractiveness evaluation.
Chapter 2. «AVK» PLC, Dnipropetrovs'k investment analysis.
Chapter 3. Software for enterprise investment attractiveness
evaluation.
The subject of the
investigation
is
software
product
for
investment
attractiveness
evaluation.
The purpose of the diploma
research is
theoretical and
methodological development of
software
practical
implementation for enterprise
investment
attractiveness
evaluation on the international
level.
The object of the
investigation is
"A.V.K"
PLC,
Dnepropetrovsk.
Tasks:
 methodological foundations analysis of enterprise investment
attractiveness evaluation;
 company key indicators analysis;
 exploration of the software product designed for enterprise
investment attractiveness evaluation;
 determination of the investment attractiveness estimation after
software implementation.
Chapter 1. Theoretical and methodological
foundations of enterprise investment
attractiveness evaluation.
Investment is putting money into an asset with the
expectation of capital appreciation, dividends, and/or
interest earnings.
The most common methods of evaluating the
investment attractiveness are:
 the definition of the investment payback;
 calculation of the average return on investments;
 calculation of the current net value;
 determining of the internal rate of return.
Chapter 2. «AVK» PLC,
Dnipropetrovs'k investment analysis.
Financial condition indicators of
«AVK» PLC, Dnipropetrovs'k
Indicator
2012
2013
Dynamics
Debt Ratio
36,32
21,26
(15,06)
Ratio of Financial Debt
2,31
4,7
2,39
Leverage
97,68
95,26
(2,42)
Coverage Ratio
0.92
0.79
(0,13)
Quick Liquidity Ratio
0,89
0,64
(0,25)
Maturity of Receivables
26,09
0
(26,09)
Inventory Turnover
2,55
7,42
4,87
Maturity Payable
67,23
0,68
(66,55)
Earnings Per Share
2,4
6,9
4,79
ROCE
3,09
1,84
(1,25)
ROE
1,09
2,97
1,88
Chapter 3. Software for enterprise
investment attractiveness evaluation.
Project Expert - built for the modern approaches to the
calculation and analysis of investment projects. Principles
of International Financial Reporting Standards are the
basis of these approaches.
Project Expert instrument can solve the following
group tasks:
 projecting company development;
 analysis of the chosen strategy;
 analysis of alternatives.
Recommendations
 use Project Expert computer program as a standard
instrument for developing business plans, selection and
monitoring of investment projects at the "A.V.K" PLC,
Dnipropetrovsk;
 organize personnel training in Project Expert system.
Also, Project Expert instrument can be recommended for
companies, banks and educational institutions of Ukraine.
The use of the recommendations and their implementation
into practice, will lead to a positive effect of improving
control over work, income and investment attractiveness.
Economic efficiency after Project
Expert implementation
The average cost of investment
evaluating services per project
8000 UAH
The cost of software Project Expert
28400 UAH
Financial indicators calculation by
company analyst
The cost of information processing with
the software Project Expert
31179.2 UAH
Payback period of investment (year)
0,54
Investment economic impact
1,85 UAH.
Thank You For Your
Attention!
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