Magic Numbers for Stock Investors: How To Calculate the 25 Key Ratios for Investing Success - Hardcover

Temple, Peter

Hardcover

ISBN 10: 0470821248 ISBN 13: 9780470821244

Publisher: Wiley, 2003

Synopsis

A quick and accurate way to calculate key investment ratios
Written by a leading finance expert, this book offers readers simple explanations on how to calculate and interpret key financial ratios-information that is essential for the accurate assessment of a company's financial condition and the true value of its shares. This comprehensive resource is packed with numerous examples from actual company reports and features a supporting Web site at www.magicnumbersbook.com. Readers will also find many online reference sources, including company Web sites and free software offers.
Peter Temple is a graduate in economics and statistics from the University of Wales, and is a Fellow of the UK Securities Institute. After an 18-year career as an investment analyst in fund management and investment banking, Temple turned to full-time writing in 1988 as a freelance financial journalist and author.

About this title

About the Author

Peter Temple has spent 33 years working in or writing about financial markets. After an 18-year career in fund management and stockbroking, he became a full-time writer in 1988. He has written more than a dozen books about finance and investing, mainly aimed at private investors. His articles appear widely in the financial press. He and his wife live in part of a converted water mill in the English Lake District.

From the Back Cover

Building on the success of the original ?Magic Numbers? and using wholly new and up to date examples, ?Magic Numbers for Stock Investors? looks at key ratios that all investors can use easily to look at the financial health and growth prospects of a company before they buy shares in it. The ratios are described in details, with simple formulas, and help on where to find the data needed to calculate them. There are worked examples, both fictional and actual, in each ?magic number? section.

The book follows the same format of ?Magic Numbers? (published 2002). But the difference is that it focuses specifically on ratios that are of use to investors in shares. All examples are new and fully updated; around a dozen new ratios have been added; and all worked company examples are different to those in the original book.

From the Inside Flap

"Magic Numbers for Stock Investors are really magic. They help investors understand what is behind the screen of often confusing and misleading company financial statements?The author does an excellent job of reviewing the many commonly used ratios but also discloses some unique and innovative ratios which are less commonly used but which promise to help analysts further improve their understanding of company finances.... It's a book that should be on every investor's bookshelf not only as a reference but as a tool to be continuously used."
—Mark Mobius, Managing Director, Templeton Emerging Markets Fund, Author of Passport to Profits and Mobius on Emerging Markets

"Peter Temple has done it again. Concise, understandable and approachable, he encourages the reader to look more closely at all the relevant ratios, necessary for successful equity investment. He distils complex areas into understandable ones, whilst at the same time urging us to be sceptical about the data itself: "If the figures look too good to be true, they probably are!" I shall certainly be recommending this book to all the personnel in the research department."
—Robert Stockfis, Consultant investment analyst, Seamico Securities plc

"Peter Temple provides a fresh, insightful, accessible perspective on the essential building blocks of any sound investment. This is a must-read book for any serious investor."
—Alpesh Patel, FT columnist, former Bloomberg Television Internet Specialist, Author, The Internet Trading Course

Edition details

• Publisher: Wiley
• Publication date: 2003
• Language: English
• ISBN 10: 0470821248
• ISBN 13: 9780470821244
• Binding: Hardcover
• Edition number: 1
• Number of pages: 250