15.07.2013 Views

1 LA VALORACIÓN DE EMPRESAS EN UN ... - Ver más Ya.com

1 LA VALORACIÓN DE EMPRESAS EN UN ... - Ver más Ya.com

1 LA VALORACIÓN DE EMPRESAS EN UN ... - Ver más Ya.com

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

CUADRO 1<br />

(millones de euros)<br />

SUMA SUMA (BANCOS) SUMA (RESTO)<br />

2004 2005 2006 2007 2008 2009 2004 2005 2006 2007 2008 2009 2004 2005 2006 2007 2008 2009<br />

1- Patrimonio neto 131.081 156.316 182.253 232.671 229.176 258.562 58.876 70.230 81.086 98.490 100.177 120.961 72.205 86.086 101.167 134.181 128.999 137.601<br />

2- Intereses Minoritarios 13.229 15.374 18.287 28.725 26.651 23.889 3.147 4.177 3.368 3.661 3.769 6.742 10.082 11.197 14.919 25.064 22.882 17.147<br />

3- Deuda financiera 102.237 121.162 208.350 237.536 251.219 240.407 0 0 0 0 0 0 102.237 121.162 208.350 237.536 251.219 240.407<br />

4- Liquidez 21.670 27.906 74.151 56.102 80.203 50.921 0 0 0 0 0 0 21.670 27.906 74.151 56.102 80.203 50.921<br />

5- Resultado explotación 31.447 40.412 49.152 61.041 57.641 53.779 9.497 12.909 16.302 20.694 18.600 18.890 21.950 27.503 32.850 40.347 39.041 34.889<br />

6- Dotación amortización 14.417 16.394 21.737 23.676 23.975 25.648 1.495 1.676 1.857 1.945 2.234 2.592 12.922 14.718 19.880 21.731 21.741 23.056<br />

7- Resultado neto 19.739 28.074 36.502 42.856 40.635 36.700 7.726 11.545 14.474 17.589 15.873 14.244 12.013 16.529 22.028 25.267 24.762 22.456<br />

8- EBITDA 45.864 56.806 70.889 84.717 81.615 79.427 10.992 14.585 18.159 22.639 20.833 21.482 34.872 42.221 52.730 62.078 60.782 57.945<br />

9- Capitalización 306.501 359.026 481.077 520.382 322.232 414.558 120.656 143.821 184.973 183.585 102.186 157.627 185.845 215.205 296.104 336.797 220.046 256.931<br />

10- PER 15,5 12,8 13,2 12,1 7,9 11,3 15,6 12,5 12,8 10,4 6,4 11,1 15,5 13,0 13,4 13,3 8,9 11,4<br />

11- Ratio1 2,34 2,30 2,64 2,24 1,41 1,60 2,05 2,05 2,28 1,86 1,02 1,30 2,57 2,50 2,93 2,51 1,71 1,87<br />

12- Ratio2 1,75 1,73 1,77 1,61 1,19 1,31 2,05 2,05 2,28 1,86 1,02 1,30 1,65 1,62 1,63 1,55 1,24 1,32<br />

13- Apalancamiento 0,26 0,26 0,28 0,35 0,53 0,46 0,00 0,00 0,00 0,00 0,00 0,00 0,43 0,43 0,45 0,54 0,78 0,74<br />

14- Simulación valor 271.802 404.137 415.340 469.000 462.689 401.152 82.909 121.031 142.835 183.673 174.389 175.421 188.893 283.106 272.505 285.327 288.301 225.731<br />

30

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!