Finance Assignment

TASK 1

Group 1:

Adetolani Adeosun

Lawrence Henderson

Ayoub Mfinanga

Brittany Raines

Matthias Wurster

Capital Asset Pricing Model (CAPM) :

2015 Iron Producers	Total Assets	Total Liabilities	Total Owner's Equity	Net Sales	Gross Profit	Net Income	Beta
ACME Iron	$459,225,000	$288,802,000	$170,423,000	$247,500,000	$145,500,000	$7,045,000	Unknown
Mount Gibson Iron Limited	$589,957,000	$93,133,000	$496,824,000	$266,269,000	$48,727,000	$99,129,000	0.86
Universal Stainless & Alloy Products	$353,320,000	$116,309,000	$237,011,000	$255,927,000	$37,826,000	$10,662,000	1.378
Paul Mueller Company	$130,188,000	$102,560,000	$27,628,000	$201,210,000	$50,946,000	$2,639,000	0.62
BC Iron Limited	$124,488,000	$17,332,000	$107,156,000	$64,032,000	$16,236,000	$5,669,000	-0.28
Cleveland-Cliffs Inc.	$3,529,600,000	$3,105,400,000	$424,200,000	$2,332,400,000	$809,600,000	$1,128,100,000	1.11
Anglo American	$52,196,000,000	$22,364,000,000	$29,832,000,000	$27,610,000,000	$5,231,000,000	$3,237,000,000	1.17
U.S. Steel	$10,982,000,000	$6,779,000,000	$4,202,000,000	$14,178,000,000	$1,873,000,000	$1,115,000,000	1.05

References

Anglo American. (2018). Integrated Annual Report. Retrieved from

https://www.angloamerican.com/~/media/Files/A/Anglo-American-PLC-V2/documents/an

nual-updates-2019/aa-annual-report-2018.pdf

(Anglo American Financial Report)

BC Iron Limited. (2017). Annual Report 2017. Retrieved from

https://www.infrontanalytics.com/fe-en/32095AA/BC-Iron-Limited/Beta

(BC Iron Financial Report)

Cleveland-Cliffs Inc. (2018). 2018 Annual Report. Retrieved from

http://s1.q4cdn.com/345331386/files/doc_financials/annual/CLF_2018_AnnualReport.pdf

(Cleveland-Cliffs Financial Report)

FTSE Russel. (2019). United States Steel Corp. Mergent Online. Retrieved from

http://www.mergentonline.com.ezproxy.umuc.edu/competitors.php?compnumber=66193

(Database to better find Comparable Companies. Data for Universal Stainless & Alloy Products and Mueller (Paul) found here)

Infront Analytics. (2019, May 29). Levered/Unlevered Beta of Anglo American PLC. Retrieved

from https://www.infrontanalytics.com/fe-en/30018KS/Anglo-American-plc/Beta

(Anglo American Beta)

Infront Analytics. (2019, May 28). Levered/Unlevered Beta of BCI Minerals Limited.

Retrieved from https://www.infrontanalytics.com/fe-en/32095AA/BC-Iron-Limited/Beta

(BC Iron Beta)

Infront Analytics. (2019, May 28). Levered/Unlevered Beta of Cleveland-Cliffs Inc. Retrieved

from https://www.infrontanalytics.com/fe-en/32178NU/Cliffs-Natural-Resources-Inc-/Beta

(Cleveland-Cliffs Beta)

Infront Analytics. (2019, May 29). Levered/Unlevered Beta of United States Steel Corporation.

Retrieved from

https://www.infrontanalytics.com/fe-en/33847NU/United-States-Steel-Corporation/Beta

(US Steel Beta)

Market Watch. (2019, May 2019). Mount Gibson Iron Ltd. Retrieved from

https://www.marketwatch.com/investing/stock/mgx?countrycode=au

(Mount Gibson Beta)

Mining Global. (2015, June 4). Top 10 Iron ore producers based on 2015 guidance. Retrieved

From https://www.miningglobal.com/mining-sites/top-10-iron-ore-producers-based-2015-guidance

(Found names of top 10 iron ore companies)

Mount Gibson Iron Limited. (2018). 2018 Annual Report. Retrieved from

https://www.mtgibsoniron.com.au/wp-content/uploads/2018/10/Mt-Gibson-2018-Annual-

Report-Hi-Res.pdf

(Mount Gibson Financial Report)

United States Security and Exchange Comission. (2019, February 12). Form 10-K for United

States Steel Corporation. Retrieved from

https://www.ussteel.com/sites/default/files/annual_reports/USS%20Form%2010-K%20-

%202018.pdf

(US Steel Financial Report)

Yahoo! Finance. (2019, May 29). Paul Mueller Company. Retrieved from

https://finance.yahoo.com/quote/muel

(Beta for Paul Mueller Company)

Zacks. (2019, May 29). Universal Stainless & Alloy Products, Inc. Retrieved from

https://www.zacks.com/stock/chart/USAP/fundamental/beta

(Beta for Universal Stainless & Alloy)