3.4
Finance
Financially The Walt Disney Company is looking to increase its numbers, resolve its investment issues, and bring back integrity to its stock value. They have had their stock in a low, the lowest it has ever held (currently 18.66), -29%ROI vs -14%ROI for the industry average. In a statement released on May 1, 2003, we saw that there has been an increase in revenue by 9.5% while the operating income has dropped by 8.2%. The operating income has dropped as well by 12%. The Earnings Per Share have decreased by $0.24, this is not as bad as it has been the prior year where we saw a decrease of $0.34. The high P/E ratio of 37.78 tells us that we are looking to higher earning in the future. To reinforce the P/E the stock has a P/S ration of 1.47 � proving its value based on market conditions and competitors.