a)
Ticker 6/30/2017 5/31/2017 4/30/2017 3/31/2017 2/28/2017 1/31/2017
ORCL 50.14 45.39 44.96 44.61 42.59 40.11
MSFT 68.93 69.84 68.46 65.86 63.98 64.65
NVDA 144.56 144.35 104.3 108.93 101.48 109.18
b) Rate of return
ORCL 10.46% 0.96% 0.78% 4.74% 6.18%
MSFT -1.30% 2.02% 3.95% 2.94% -1.04%
NVDA 0.15% 38.40% -4.25% 7.34% -7.05%
c) Relative return
ORCL 110.46% 100.96% 100.78% 104.74% 106.18%
MSFT 98.70% 102.02% 103.95% 102.94% 98.96%
NVDA 100.15% 138.40% 95.75% 107.34% 92.95%
d) Total return
ORCL 25.01%
MSFT 6.62%
NVDA 32.41%
e) Compound Annual Return
ORCL 4.56%
MSFT 1.29%
NVDA 5.77%
f) Average return (GEOMETRIC)
ORCL 4.56%
MSFT 1.29%
NVDA 5.77%
g) Average Return (Arithmetic)
ORCL 4.63% or 4.63%
MSFT 1.31% or 1.31%
NVDA 6.92% or 6.92%
h)
Ticker 1/31/2017 2/28/2017 3/31/2017 4/30/2017 5/31/2017
ORCL 40.11 42.59 44.61 44.96 45.39
MSFT 64.65 63.98 65.86 68.46 69.84
NVDA 109.18 101.48 108.93 104.3 144.35
ORCL, MSFT & NVDA Closing Price
160
140
120
100
Price in $ 80
60
40
20
0
1/31/2017 2/28/2017 3/31/2017 4/30/2017 5/31/2017 6/30/2017
Month
ORCL MSFT NVDA
6/30/2017
50.14
68.93
144.56
Price
31/2017 6/30/2017
NVDA
Intel Corporation
Income Statement ($ millions)
Dec-16 Dec-15 Dec-14 Dec-13
Sales 59,387 55,355 55,870 52,708
Cost of Goods Sold (COGS) incl. D&A 23,425 20,651 20,522 21,418
Gross Income 35,962 34,704 35,348 31,290
SG&A Expense 21,149 19,835 19,693 18,729
EBIT (Operating Income) 14,813 14,869 15,655 12,561
Nonoperating Income - Net 533 -51 224 595
Interest Expense 733 337 192 244
Unusual Expense - Net 1,677 269 -114 301
Pretax Income 12,936 14,212 15,801 12,611
Income Taxes 2,620 2,792 4,097 2,991
Net Income 10,316 11,420 11,704 9,620
Average Tax Rate 20.25% 19.65% 25.93% 23.72%
Gross Profit Margin 60.56% 62.69% 63.27% 59.36%
Net Profit Margin 17.37% 20.63% 20.95% 18.25%
Intel Corporation
70.00%
60.00%
50.00%
40.00%
30.00%
20.00%
10.00%
0.00%
1 2 3 4 5
Gross Profit Margin Net Profit Margin
Intel Corporation
Income Statement ($ millions)
Dec-16 Dec-15 Dec-14 Dec-13
Sales 100.00% 100.00% 100.00% 100.00%
Cost of Goods Sold (COGS) incl. D&A 39.44% 37.31% 36.73% 40.64%
Gross Income 60.56% 62.69% 63.27% 59.36%
SG&A Expense 35.61% 35.83% 35.25% 35.53%
EBIT (Operating Income) 24.94% 26.86% 28.02% 23.83%
Nonoperating Income - Net 0.90% -0.09% 0.40% 1.13%
Interest Expense 1.23% 0.61% 0.34% 0.46%
Unusual Expense - Net 2.82% 0.49% -0.20% 0.57%
Pretax Income 21.78% 25.67% 28.28% 23.93%
Income Taxes 4.41% 5.04% 7.33% 5.67%
Net Income 17.37% 20.63% 20.95% 18.25%
Dec-12
53,341
20,507
32,834
18,117
14,717
463
90
217
14,873
3,868
11,005
26.01%
61.55%
20.63%
Dec-12
100.00%
38.45%
61.55%
33.96%
27.59%
0.87%
0.17%
0.41%
27.88%
7.25%
20.63%