Arndt AG
ICON Press Release
WHERE IS Arndt AG?: LABOR PRODUCTIVITY AND FINANCIAL COMPETITIVENESS BENCHMARKS PUBLISHED
San Diego -- September, 2005 – ICON Group International Ltd. today released two of the most comprehensive studies to date on labor productivity and vertical gap analysis benchmarks for Arndt AG (FRA: AHZ).
The Report has benchmarked Arndt AG against competing firms in the Automotive Repair, Services, And Parking industry worldwide—going beyond traditional methods of company benchmarking. The results are two specialized reports: (1) global financial benchmarks using common-size statement ratios (vertical analysis), and (2) labor-productivity and utilization measures collected across borders. Parker notes, “With the globalization of markets, greater foreign competition, and the reduction of entry barriers, it becomes all the more important to benchmark a company’s financial indicators on a worldwide basis. World stock markets have recently witnessed a return to fundamental financial analysis. Sound management as opposed to hype will in the long run generate shareholder value.”
The methodologist for this unique study is Philip Parker, Eli Lilly Chair Professor of Innovation, Business and Society at INSEAD (Fontainebleau, France and Singapore). According to Professor Parker, “We created these reports in response to two inescapable trends: a return to fundamentals and globalization.” The goal of these reports is to assist consultants, financial managers, strategic planners, and corporate officers in gauging indicators of Arndt AG’s human resource and financial structure.
Professor Parker states, "We are intrigued by the wide variations in basic financial and productivity measures between Arndt AG and other Automotive Repair, Services, And Parking companies. The Earnings Before Interest And Taxes (EBIT), for example, varied from -2.81 to 34.58. We see this type of variation in the hundreds of ratios that we estimate.”
What do the reports cover?
Two reports, labor productivity ratios and vertical analysis ratios, are available for Arndt AG. Each report reveals productivity and industry ranks for companies in the Automotive Repair, Services, And Parking industry.
The labor productivity analysis details the following: What has been the ratio of short-term and long-term assets to employee? What are typical capital-labor ratios? What are the average sales and net profits per employee compared to global benchmarks?
The vertical analysis answers the following questions: How has Arndt AG’s asset structure varied compared to global benchmarks for the Automotive Repair, Services, And Parking industry? Does it generally hold more cash and other short-term assets, or does it tend to concentrate its assets in physical plant and equipment? On the liability side, does Arndt AG typically have a higher percent of payables compared to the benchmarks, or does it hold a higher concentration of long-term debt? Does Arndt AG have a relatively higher cost of goods sold, operating costs, or income taxes compared to global benchmarks? Have Arndt AG’s returns on equity been higher or its profit margins greater?
Quelle: s.o.