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Equity Project

In: Business and Management

Submitted By anywn16
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The main activity of Mead Johnson Nutrition Company is producing infants and children nutrition products and dietary supplements. It is most famous for the series of poducts such as Enfamil and Nutramigen. Mead Johson provides dietary products that suits the young human body and improves its health and growth. The company has special product lines for children suffering from nutrition problems and infants with deceases that require special diet.
The company, in conjunction with pediatrists and other medical professionals, is conducting wide researches to develop their products.
Presently, Mead Johson Company has eight families of products that are available in the markets worldwide. Three manufacturing facilities in theU.S. supply products to the local market. In addition, there is a facility in Mexico and in Brazil. European market is supplied with products from the manufacturing facility located in Netherlands and Asian market – from three facilities located in China, Thailand and Phillipines .
Sales for the first six months of 2013 were $2,093.2 million, with the largest input from Latin American and Asian markets. Asset value for the period ending December 31, 2012 totaled $3,258.2 million .

Table 1. Key Ratios (MJN)
Key ratios (MJN) 2007 2008 2009 2010 2011 2012 TTM
Earnings Per Share USD 5.84 2.32 1.99 2.2 2.47 2.95 3
Net Margin % 16.4 13.67 14.14 14.41 13.83 15.49 15.25
Return on Assets % 33.72 29.58 23.29 20.75 20.1 20.07 19.53
Return on Equity % 69.46 - - - - - 942.3
Current Ratio 1.22 1.1 1.21 1.48 1.57 1.47 1.65
Quick Ratio 0.51 0.41 0.83 0.99 1 1.05 1.16
P/E ratio - - 17.9 24.1 27 - 25.92
Source:, Growth, Profitability, and Financial Ratios for Mead Johnson Nutrition Company (MJN) (®ion=USA&culture=en-US) (accessed September 24, 2013)

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