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Using Bloomberg to get the Data you need

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Contents of Package

1. Getting information on your company Pages 3-30

2. Getting information on comparable companies Pages 31-34

3. Getting macro economic information Pages 35-44

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Using Bloomberg to get information on your company

EquityEquity

1. Finding Securities1. Finding Securities

1. Ticker Symbol Look Up1. Ticker Symbol Look UpEnter the name of your company

Choose the listing for your companythat you are interested in

2. Company Information2. Company Information/Description/Description

1. Description (DES)1. Description (DES)

Fundamentals and Fundamentals and Earnings AnalysisEarnings Analysis

Historical Historical PricesPrices

Risk andRisk andVolatilitiyVolatilitiy

1. Financial 1. Financial Analysis (FA)Analysis (FA)

Corp BondCorp Bond

25. Print 25. Print Complete Complete reportreport

13. Earnings 13. Earnings Estimates (EE)Estimates (EE)

3) Zacks3) Zacks

Px Table w/ AvgPx Table w/ AvgVol (HP)Vol (HP)

Beta Beta CalculationCalculation(BETA)(BETA)

Change defaults:Period to MStarting point: 5 years agoLeave ending point as is

1. Finding Securities1. Finding Securities

Ticker Symbol Look UpTicker Symbol Look UpEnter the name of your company

Choose the listing for your companythat you are interested in

Pick a long term bond for the company

DescriptionDescription

ShadowShadow: Indicates menu choices on BloombergRegular font: Indicates input that you have to provide or change

To get ratings informationTo get all other information

Issue/Issuer InformationIssue/Issuer Information

HistoricalHistoricalVolatilityVolatility(HVT)(HVT)

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WHERE TO FIND THE DATA

This is a listing of all of the financial data that you will need to analyze your company and where exactly on the Bloomberg output you will find the data.

Once you have identified what you would like to look up, use the item number and go to the specified page number on Bloomberg to look it up.

Item Input In Bloomberg Page Number Used in this spreadsheet

1 Beta Equity: Beta Calculation 29 Capstr, Dividend, Valuation

2 Current EPS Equity: Description 8 Valuation

3 Payout Ratio Equity: Description 10 Valuation

4 Total Debt Equity: Description 16 Capstr, Dividend, Valuation

5 Book Value of Equity Equity: Description 16 CapStr, Valuation

6 Number of Shares Outstanding Equity: Description 8 CapStr, Valuation

7 Tax Rate Equity: Description 10 CapStr, Valuation

8 Non-Cash Working Capital Equity: Description 16 Valuation

9 Capital Expenditures Equity: Description 17 CapStr, Valuation

10 Depreciation Equity: Description 17 CapStr, Valuation

11 EPS - 5 years ago Financial Analysis 12 Valuation

12 Analyst Projection for Growth Equity: Earnings Estimates 26 Valuation

13 Interest Expenses Equity: Description 15 CapStr, Valuation

14 Net Sales/ Revenues Equity: Description 15 Valuation

15 Current Price Equity: Description 8 Risk, CapStr, Valuation

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16 EBIT/Operating Income Equity: Description 15 CapStr

17 Bond Rating Corp Bond: Description 30 CapStr

18 Past 10 years Net Income Equity: Financial Analysis 25 Dividends

19 Past 10 years Depreciation Equity: Financial Analysis 25 Dividends

20 Past 10 years Chg in non-cash Work. Cap. Equity: Financial Analysis 25 Dividends

21 Past 10 years Dividends Equity: Financial Analysis 25 Dividends

22 Past 10 years Equity Buybacks Equity Financial Analysis 25 Dividends

23 Past 10 years Cap Ex Equity: Financial Analysis 25 Dividends

24 Average Debt Ratio 10 years Equity Financial Analysis 21 Dividends

25 Past 10 years BV of Equity Equity Financial Analysis 24 Dividends

26 Return on Stock Equity: Financial Analysis 18 Dividends

27 Operating Income past 10 years Equity: Financial Analysis 22 DebtDesign

28 Stock Price: Last 60 months Equity: Px Table 27 Risk

29 Value of Firm: Last 10 years Equity:: Financial Analysis 21 Dividends

30 EBITDA for last 10 years Equity: Financial Analysis 21

31 Alpha (Intercept) Beta Calculation 29

32 R squared Beta Calculation 29

33 Standard Error of Beta Beta Calculation 29

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Instructions for Getting Bloomberg Data

• Pick Equity

• Choose 1. Finding Securities

• Choose Ticker Symbol Look up

• Enter the name of your company. You will get all of the equity listings that the company has. Choose the one that you are interested in. For

instance, if you look up Nestle, you will get Nestle’s local listings in Switzerland (Registered and Bearer Stock) as well as all of Nestle’s

ADR listings around the world. You might have to work through the listings by trial and error until you get the listing that has all of the

financial information that you want.

• Once you are in equity screen for your company,

• Type HDS: Print page 1 off

• Choose Description (DES): Print all 10 pages off; Ignore beta on first page.

• Choose Financial Analysis (FA):

• Choose Print Full Report

• Choose Earnings Estimates (EE)

• Choose Zacks

• Print off first page

• If you do not have a beta, pick Beta Calculations (BETA)

• Using the tab button, you can change the period to M

• Using the tab button, you can change the range to a 5-year range

• Using the tab button, you can also change the market index.

• Go back to the main menu (out of equity). Pick Corp Bond.

• Enter the name of your company

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• You will get a list of corporate bonds issued by your company, if any.

• Choose a long term bond (preferable without special features like convertibility) from the list.

• Choose Description

B15

B15Current Price

B6Shares outstanding

B2Trailing 12-month EPS

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B7Marginal tax rateUse 36% if < 36%Use 50% if > 50%

B3Payout Ratio

10

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Quarterly EPS for last 5 years

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13

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Use most recent financial year for which data is available:

B14Revenues

B16Operating Income

B13Interest Expenses

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B8Non-cash Working Capital= (Inventories+Acc Rec) - (Acc Payable + Other ST Liabilities)=(8173+6763)-(3185+6808) = 4943As % of Revenue = 4943/42895 = 11.52%

B4Debt = ST Borrowings + LT Borrowings = 1226+3158 = 4384

B5Book Value of Equity

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B10Deprec & Amort

B9Capital Expenditure

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B26Past Stock Returns=% Change + Dividend Yield

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19

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B29Firm Value = Market Capitalization + ST Debt +LT Debt

B30Market Value- Last 10 years

B24Average Market D/E Ratio

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B27Operating Income: Last 10 years

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Book Value of Equity: Last 10 years

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B18Net Income: Last 10 years

B20Change in WC (A negative sign indicates an increase in WC)

B19Deprec & Amort: Last 10 years

B21Dividends Paid: Last 10 years

B22Net Stock Buybacks: Dec Capital Stock - Inc Capital Stock

B23Capital Expenditures: Last 10 years

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B12Analyst Estimate of expected growth

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B28Month-end Stock Prices

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B1Regression Beta

B32Regression Intercept

B33R-squared

B34Std Error of Beta

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B17Bond Rating

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DATA ON COMPARABLE COMPANIESI. Getting data on related companies

• Pick Equity

• Choose 1. Finding Securities

• Choose Ticker Symbol Look up

• Enter the name of your company

• Once you are in equity screen for your company, enter

• Fundamentals and Earnings Analysis

• Choose Relative Value (RV): You can modify the data that is printed out.

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II. Using Bloomberg to get Sector Data or to Screen Stocks• Start with this screen by typing “ESRCH”

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• Pick the industry group you want to analyze or collect data from

• Pick the market that you want to analyze

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• Pick the data you want in your dataset

Warning: This is not the friendliest interface in the world. You will often find yourself building elaborate criteria for 20 minutes and then losing

them all because you hit the menu button twice instead of once. I would suggest saving the criteria under Save Set as you go along and assigning

the criteria set a name. I would also suggest adding the company name to your data set - the default is only the ticker symbols, which are tough to

expand, and keeping your data sets manageable with 3-4 variables.

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Getting Historical Macroeconomic Information

IndexIndex

Economic Stat ist icsEconomic Stat ist ics

GovtsGovts

CPI/PPICPI/PPI

CPICPI

15. CPI - All Items15. CPI - All Items

2. CPI - All I tems - % Change2. CPI - All I tems - % Change

4. Px Table w/ Avg Daily Vol4. Px Table w/ Avg Daily Vol

National IncomeNational Income

National Income & ProductionNational Income & Production

GDP in Bi l l ions of $GDP in Bi l l ions of $

4. GDP - U.S. Defl % Chg4. GDP - U.S. Defl % Chg

1. Find Securi t ies1. Find Securi t ies

1. Ticker Symbol Look up1. Ticker Symbol Look up

19. GT: Generic U.S. Treas Note/ Bonds19. GT: Generic U.S. Treas Note/ Bonds

4. Generic 10Y4. Generic 10Y

10. Historical Prices10. Historical Prices

Px/YieldPx/Yield

Change defaults: Period to M or QStarting point and ending point

Change defaults: Period to M or QStarting point and ending point