Available Now! Labor Productivity Benchmarks And Vertical Gap Analysis On Audi AG.

Released today by ICON Financial Advisory Services, LLC (IFAS), a Registered Investment Adviser (CRD # 119-292): Two of the most comprehensive studies to date on labor productivity and vertical gap analysis benchmarks for Audi AG.

According to Aaron Freeman, President of IFAS, "With the globalization of markets, greater foreign competition, and the reduction of barriers to entry, 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. " The goal of the reports is to assist consultants, financial managers, strategic planners, and corporate officers in gauging certain indicators of Audi AG's financial and human resource structure.

Drawing on the expertise of Professor Philip M. Parker of INSEAD (Fontainbleau, France and Singapore), IFAS has benchmarked Audi AG against competing firms in the Motor Vehicles and Passenger Car Bodies Manufacturing 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.

Coverage reports, financial ratios and labor productivity ratios, are available for Audi AG. Each report reveals productivity and industry ranks for Audi AG in the Motor Vehicles and Passenger Car Bodies Manufacturing industry. Reports for the following and many other Motor Vehicles and Passenger Car Bodies Manufacturing companies are available now:

Daihatsu Motor Co. Ltd., DaimlerChrysler AG, Decoma International Inc., Federal Signal Corp., Fiat SPA, Ford Motor Co., Ford Otomotiv Sanayii A.S., Ford-Werke AG, Fuji Heavy Industries Ltd., General Motors Corp., Henlys Group PLC, Honda Motor Co. Ltd., Hyundai Mobis, Hyundai Motor Co. Ltd., Johnston Group PLC, Manganese Bronze Holdings PLC, Mazda Motor Corp., Morita Fire Pump Manufacturing Co. Ltd., Nissan Shatai Co. Ltd., Salvador Caetano - Industrias Metalurgicas e Veiculos de Tr, Spartan Motors Inc., Tan Chong Motor Holdings Berhad, Tower Automotive Inc., TOYOTA INDUSTRIES Corp., Toyota Motor Corp., Tractors Malaysia Holdings Berhad, Trigano, and Volkswagen AG.

The vertical analysis deals with questions like: How has Audi AG's asset structure varied compared to global benchmarks for the Motor Vehicles and Passenger Car Bodies Manufacturing 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 Audi AG typically have a higher percent of payables compared to the benchmarks, or does it hold a higher concentration of long-term debt? Does Audi AG have a relatively higher cost of goods sold, operating costs, or income taxes compared to global benchmarks? Have Audi AG's returns on equity been higher or its profit margins greater?

While the labor productivity analysis answers 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?

Freeman notes, "We are intrigued by the wide variations in basic financial and productivity measures between Audi AG and other Motor Vehicles and Passenger Car Bodies Manufacturing companies. The Gross Profit Margin, for example, varied from 30.51 to 2.90. We see this type of variation in the 100 or so ratios that we estimate."

Methodology: Uncovering Gaps

Most vertical analyses merely focus on benchmarking against domestic ratios, often published by government agencies or commercial sources. In contrast, IFAS calculates thousands of industry norms by looking at firms at the global level, pooling statistics on tens of thousands of companies across over 40 countries, and applying a seven-stage methodology: (1) identification of industry classifications, (2) firm-level data collection and aggregation, (3) standardization of raw statistics, (4) filtering outliers, (5) calculation of global norms, (6) projection of deviations and gaps, and (7) projection of ranks and percentiles. For each part of the financial statement, the larger structural differences and gaps between Audi AG. and the global benchmarks are provided with summary tables of ranks and percentiles.

Previously available only through booksellers such as Hoovers, Amazon.com, and Barnes and Noble, two studies are now available direct from the publisher at a 50% discount off the cover price. This special offer includes Vertical Analysis and International Financial Benchmarks and Labor Productivity, Utilization and Global Benchmarks at $99.95 each. Contact Dannielle Andrews for more information.

About IFAS

IFAS assists managers with global benchmarking, gap analysis, and productivity studies. Clients can create their own benchmarks by choosing their competitors from among over 20,000 companies.