MSC FMI and IB Spring 2013 https://encrypted-tbn3.gstatic.com/images?q=tbn:ANd9GcQYG76b5nHYzb7VtDEQ_Xh6ydKPpnxxkYvnxU8cMbiFtlDiN1UR Lecturer: Pierre Xavier MESCHI2012/2013
Calculate ROI/ROE for all European luxury firms from 2004 to 2008. Deduce the strategy of those companies.
Bulgari | 2004 | 2005 | 2006 | 2007 | 2008 | ROS | 14,61% | 14,04% | 13,76% | 13,47% | 8,67% | AT | 0,84060914 | 0,90541872 | 0,94392523 | 0,89279869 | 0,78902352 | ROI | 12,28% | 12,71% | 12,99% | 12,03% | 6,84% | DL | 1,54874214 | 1,49926145 | 1,45776567 | 1,58085382 | 1,7026699 | ROE | 19,025% | 19,055% | 18,937% | 19,017% | 11,650% | ROI/ROE | 64,569% | 66,700% | 68,598% | 63,257% | 58,731% | | | | | | | Burberry | 2004 | 2005 | 2006 | 2007 | 2008 | ROS | 20,12% | 22,49% | 22,21% | 21,65% | 18,39% | AT | 1,10 | 1,07 | 1,13 | 1,17 | 1,08 | ROI | 22,08% | 24,03% | 25,19% | 25,38% | 19,83% | DL | 1,43 | 1,42 | 1,70 | 1,83 | 1,86 | ROE | 31,62% | 34,11% | 42,75% | 46,46% | 36,97% | ROI/ROE | 69,82% | 70,45% | 58,93% | 54,62% | 53,63% | | | | | | | Hermes | 2004 | 2005 | 2006 | 2007 | 2008 | ROS | 27,05% | 27,12% | 26,53% | 25,42% | 25,38% | AT | 0,81 | 0,79 | 0,83 | 0,83 | 0,76 | ROI | 21,91% | 21,55% | 21,91% | 21,11% | 19,32% | DL | 1,30 | 1,30 | 1,30 | 1,34 | 1,38 | ROE | 28,44% | 28,04% | 28,53% | 28,25% | 26,58% | ROI/ROE | 77,05% | 76,84% | 76,78% | 74,74% | 72,70% | | | | | | | TOD's | 2004 | 2005 | 2006 | 2007 | 2008 | ROS | 14,96% | 16,70% | 18,85% | 17,81% | 15,68% | AT | 0,75448029 | 0,79968203 | 0,82683983 | 0,87367021 | 0,89506953 | ROI | 11,29% | 13,35% | 15,58% | 15,56% | 14,03% | DL | 1,29166667 | 1,32421053 | 1,33526012 | 1,34046346 | 1,31613977 | ROE | 14,583% | 17,684% | 20,809% | 20,856% | 18,469% | ROI/ROE | 77,419% | 75,517% | 74,892% | 74,601% | 75,980% | | | | | | | GUCCI | 2004 | 2005 | 2006 | 2007 | 2008 | ROS | 12,27% | 12,81% | 15,84% | 18,88% | 21,63% | AT | - | 0,28889523 | 0,3364768 | 0,36052583 | 0,32565758 | ROI | - | 3,70% | 5,33% | 6,81% | 7,04% | DL | - | - | - | - | - | ROE | - | - | - | - | - | ROI/ROE | - | - | - | - | - | | | | | | | Richemont | 2004 | 2005 | 2006 | 2007 | 2008 | ROS | 12,83% | 16,67% | 19,75% | 21,48% | 24,14% | AT | 0,49530379 | 0,47539498 | 0,51704273 | 0,52968287 | 0,56117697 | ROI | 6,35% | 7,93% | 10,21% | 11,38% | 13,55% | DL | 1,3715781 | 1,23059761 | 1,2287022 | 1,21328718 | 1,24070913 | ROE | 8,716% | 9,753% | 12,550% | 13,806% | 16,809% | ROI/ROE | 72,909% | 81,261% | 81,387% | 82,421% | 80,599% | | | | | | | LVMH | 2004 | 2005 | 2006 | 2007 | 2008 | ROS | 18,62% | 19,61% | 20,50% | 21,51%