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Gemini Food Annual Report Analysis and Valuation

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Submitted By shiblee
Words 1680
Pages 7
1. Introduction 2 2. Target Company, Peer Company and The Industry 2 2.1 Target Company – Gemini Sea Food LTD 2 2.2 Peer Company – RD Food Bangladesh Limited 2 2.3 The Industry – Food Industry 3 2.4 Type of Business 3 3. Reformulated Balance Sheet and Income Statement 5 4. Analysis of Profitability and Growth 8 4.1 Analysis of Profitability 8 4.1.1 First level decomposition of ROCE 9 4.1.2 Second level decomposition of ROCE 10 4.1.3 Third level decomposition of ROCE 10 5. Analysis of Growth 9 6. Conclusion 10

1. Introduction
The report intends to do financial statement analysis, financial projection and valuation of Gemini Sea Food LTD as a requirement of the course. To compare financials results and analysis tools Rangpur Diary & Food Products Limited is used as peer firm. Seven listed companies under Food industry are selected. Financial information of these seven companies will be used as a proxy for industry.
2. Target Company, Peer Company and the Industry
2.1 Target Company – Gemini Sea Food LTD
Established in the year 1982 Gemini has supplied highest quality seafood products to customers worldwide. Since the inception Gemini people have believed in “Hygienic Product Healthy Trade” and made it a part of their core values at work. Quality, Delivery Security, Social Responsibility and Respect to Nature are the corner stone’s of Gemini’s Business, which has made Gemini the most admired seafood processing companies in Bangladesh.
The plant is equipped with Cooking and Counter Cooling system, IQF Spiral Freezer, Vibrating Glazer and IQF after Freezer/Hardener into the processing line. Gemini has water treatment plants to supply clean water to the processing line.
Here in this report, solo financial performance of Gemini Sea Food LTD is analyzed.
2.2 Peer Company – RD Food Bangladesh Limited
The mission of Rangpur Food and

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