There are 7,229508 outstanding, which implies that the value per share is given by 52,902,250/7,229508 = 7. 3175 = 731. 75p. The current share price is 473. 75p while the value calculated here is 731. 75p. This means that the stock is undervalued; it is therefore consistent with a buy or hold decision. In addition, the company is earning above its cost of equity capital. It’s return on equity (ROE) is 16. 7% while its cost of capital is 13. 7% the company therefore earns a return of 3% above its equity cost of capital.
This provides further evidence of a buy or hold decision. Sainsbury J Sainsbury plc is a United Kingdom-based food retailer with interests in financial services. The Company is principally engaged in grocery and related retailing, and financial services. (http://finance. google. com/finance? q=LON%3ASBRY). J Sainsbury plc consists of Sainsbury's Supermarkets, Sainsbury's Online, convenience stores, Bells Stores, Jackson's Stores and Sainsbury's Bank.
Sainsbury's Supermarkets is a food retailing chain in Britain. Sainsbury's Online is the Company's Internet-based home delivery shopping service, which operates from 97 stores. Bells Stores operates a chain of 54 convenience stores in north east England. Jackson's Stores operates a chain of 114 stores across Yorkshire and the North Midlands in the United Kingdom. Sainsbury's Bank, owned by J Sainsbury plc and HBOS plc group, offers a range of products, including savings and loan products.
The Company's businesses are organised into two operating divisions: Retailing (supermarkets and convenience stores) and Financial Services (Sainsbury's Bank). (http://finance. google. com/finance? q=LON%3ASBRY) Corporate Responsibility. Making a positive difference to our community Each of our stores plays an important role in its local community – that is where our customers, colleagues and suppliers live and where our reputation is made or lost. (http://www. j-sainsbury. com/files/reports/cr2006/index. asp? pageid=5) We invested a total of ? 18.
6m in community initiatives in 2005/06, an increase of 170% on last year. ‘Active Kids’ ‘Active Kids’, launched in March 2005, is our nationwide scheme to help inspire schoolchildren to take more exercise and to eat more healthily. It looks beyond standard, curriculum-based sports to encourage children to get involved in a whole range of non-traditional activities and to have fun while they are getting physically active. In 2005 Sainbury donated over ? 17m of activity and sports equipment to schools across the UK, an average of ? 700 per school.
Double Olympic gold medalist Dame Kelly Holmes is the ambassador for the scheme. She says, “I feel strongly that more kids should be offered the opportunity to try out fun activities. Enjoying being active is a springboard to getting involved in sport. ” (http://www. j-sainsbury. com/files/reports/cr2006/index. asp? pageid=61) The scheme ran again from February to May 2006, with customers earning one ‘Active Kids’ voucher per ? 10 spent. We extended the scheme to nursery and special schools. More than 30,000 schools and nurseries signed-up.
To encourage healthy eating, customers earned extra vouchers for money spent on foods marked with our healthy ‘apple’ stamp. For the first time this year, schools can not only redeem vouchers for activity and sports equipment but for coaching from trained specialists. (http://www. j-sainsbury. com/files/reports/cr2006/index. asp? pageid=61) Our customer research shows that 95% of customers are aware of the ‘Active Kids’ scheme and 70% feel it is very important in supporting their local community. ‘Active Kids’ will run again in 2006/07.
This provides further evidence of a buy or hold decision. Sainsbury J Sainsbury plc is a United Kingdom-based food retailer with interests in financial services. The Company is principally engaged in grocery and related retailing, and financial services. (http://finance. google. com/finance? q=LON%3ASBRY). J Sainsbury plc consists of Sainsbury's Supermarkets, Sainsbury's Online, convenience stores, Bells Stores, Jackson's Stores and Sainsbury's Bank.
Sainsbury's Supermarkets is a food retailing chain in Britain. Sainsbury's Online is the Company's Internet-based home delivery shopping service, which operates from 97 stores. Bells Stores operates a chain of 54 convenience stores in north east England. Jackson's Stores operates a chain of 114 stores across Yorkshire and the North Midlands in the United Kingdom. Sainsbury's Bank, owned by J Sainsbury plc and HBOS plc group, offers a range of products, including savings and loan products.
The Company's businesses are organised into two operating divisions: Retailing (supermarkets and convenience stores) and Financial Services (Sainsbury's Bank). (http://finance. google. com/finance? q=LON%3ASBRY) Corporate Responsibility. Making a positive difference to our community Each of our stores plays an important role in its local community – that is where our customers, colleagues and suppliers live and where our reputation is made or lost. (http://www. j-sainsbury. com/files/reports/cr2006/index. asp? pageid=5) We invested a total of ? 18.
6m in community initiatives in 2005/06, an increase of 170% on last year. ‘Active Kids’ ‘Active Kids’, launched in March 2005, is our nationwide scheme to help inspire schoolchildren to take more exercise and to eat more healthily. It looks beyond standard, curriculum-based sports to encourage children to get involved in a whole range of non-traditional activities and to have fun while they are getting physically active. In 2005 Sainbury donated over ? 17m of activity and sports equipment to schools across the UK, an average of ? 700 per school.
Double Olympic gold medalist Dame Kelly Holmes is the ambassador for the scheme. She says, “I feel strongly that more kids should be offered the opportunity to try out fun activities. Enjoying being active is a springboard to getting involved in sport. ” (http://www. j-sainsbury. com/files/reports/cr2006/index. asp? pageid=61) The scheme ran again from February to May 2006, with customers earning one ‘Active Kids’ voucher per ? 10 spent. We extended the scheme to nursery and special schools. More than 30,000 schools and nurseries signed-up.
To encourage healthy eating, customers earned extra vouchers for money spent on foods marked with our healthy ‘apple’ stamp. For the first time this year, schools can not only redeem vouchers for activity and sports equipment but for coaching from trained specialists. (http://www. j-sainsbury. com/files/reports/cr2006/index. asp? pageid=61) Our customer research shows that 95% of customers are aware of the ‘Active Kids’ scheme and 70% feel it is very important in supporting their local community. ‘Active Kids’ will run again in 2006/07.
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