Guide

to using Bloomberg printout (January 2013)

If you have access to a Bloomberg terminal, you can print off data and
information on your company in a standardized format. In particular, I
use four Bloomberg items (Page 1 of the HDS, the BETA page, the DES
page, and a customized FA page that I created). Since there is a lot of
information on these 7 pages, I have listed the items that you will
generally use in valuation or corporate finance. You can find the item on
the specified page.
Description
1. Company symbol & country of listing & Reporting Currency
2. Stock price on date of print out
3. Source for holdings data
4. Largest stockholders (Name)
5. Number of shares held by stockholder
6. % of Outstanding stock held by stockholder
7. Change in holding (#shares) since last filing
8. Currency for returns
9. Index used in beta regression
10. Period of regression
11. Return interval used over regression period
12. Regression beta
13. Adjusted Bloomberg beta
14. Intercept from regression
15. R squared & Correlation
16. Standard Error of Beta
17. Bloomberg estimates of current & forward PE/EPS
18. Bloomberg sector category
19. Bloomberg company description
20. Dividend Yield
21. Market Capitalization (Market value of equity of all shares)
22. Number of shares outstanding & float (traded shares)
23. Number and % of shares held by institutional investors
24. % of Shares held by institutions
25. Bloomberg estimates of market multiples (also see #17)
26. Interest coverage ratio (Bloomberg estimate)
27. Dividend Payout ratio (Bloomberg estimate)
28. Dividend Yield (Bloomberg estimate, also see #20)
29. ROE & ROC (Bloomberg estimate)
30. Geographic breakdown
31. Business breakdown
32. a. Trailing 12 month; b. Reporting Currency
33. Revenues/Sales

Bloomberg Page
HDS
HDS
HDS
HDS
HDS
HDS
HDS
BETA
BETA
BETA
BETA
BETA
BETA
BETA
BETA
BETA
DES Page 1
DES Page 1
DES Page 1
DES Page 1
DES Page 1
DES Page 1
DES Page 2
DES Page 2
DES Page 3
DES Page 3
DES Page 3
DES Page 3
DES Page 3
DES Page 4
DES Page 4
FA
FA

34. Interest Expenses

35. Depreciation & Amortization
36. Book Value of Interest Bearing Debt
37. Operating Income or EBIT
38. Cash & Marketable Securities
39. Weighted Maturity of Debt (if reported in financials)
40. Book Value of Equity
41. Capital Expenditures (Accounting definition)
42. Cash spent on acquisitions (does not include stock paid)
43. Operating lease expense/commitments (if reported)
44. Management options (#, exercise price), if reported
45. Cash dividends paid
46. R&D expenditures (from income statement)
47. Stock Buybacks
48. Change in non-cash WC
49. Increase & Decrease in LT Debt
50. Change in ST Borrowing

FA
FA
FA
FA
FA
FA
FA
FA
FA
FA
FA
FA
FA
FA
FA
FA
FA

If you are interested in the customized FA page, it is simple to create
within Bloombergs conventional FA page. Just click on custom and
create the display items that you want.

3. Source for data.

13F for US stocks
is a filing for
institutional
investors with SEC

1. Company symbol
& country of listing
& Reporting
Currency

4. Largest
stockholders

2. Stock price on
date of print out

5. Number of
shares held
170x274 6. % of outstanding
stock
Val 716.535M
Holdings: Current I
CUSIP 45814010
7. Change since
last filing

INTC US $
T 20.95
+.38
~--~ .... _,. /--
Q20.94/20.95X
..... At 15:37 d Vol 34,407,558 0 20.68K
H 20.998
L 20.570
INTC US E uit
I
25) Settings
99) Feedback I
Intel Corp
3) Matrix
DCurrent

y
y
13F

%Out
Ia

Japan 81 3 3201 8900

220,003,630
207,444,400
172,992,357
137,727,937
99,851,707
81,124,057
75,952,069
68,923,843
60,814,975
50,818,200
49,827,833
43,330,000
39,910,784
39,131,509
38,635,294
37,607,629
37,031,150
36,583,946

69.83

4.17
3.48
2.77
2.01
1.63
1.53
1.39
1.22
1.02
1.00
0.87
0.80
0.79
0.78
0.76
0.74
0.74

Zoom

rmany
U.S. 1 212 318 2000
Copyright 2012 B1oombQrg FlnancQ L.P.
SN 636136 EST GMT-500 GS09-5157-0 18-DQc-2012 155225

Things to watch out for

If you have multiple listings for the same company (say class A and class B stock),
remember that this page contains only the % of shares for the class in question and not of
all outstanding shares.
The data for this page comes from public filings (in the US, from the SEC). Therefore, it is
only as good as the public information is.

If you are using a Bloomberg terminal, the shaded inputs can be changed from the defaults. You can
use a different index, a different time period, a different return interval and switch to different
currencies.
9. Index used for regression. If set at
Bloomberg default, it will be the domestic
country equity index. It can be changed to any
index. (NFT: MSCI Global Index)

8. Currency for
returns

10. Period of
regression. Can
change start & end.

11. Return intervals

for regression
period. Can be
daily, weekly,
monthly, quarterly.

INTC US$
T 20.94 5 + .375 --~~-- _..-"""
X20.94 / 20.95Q
..... At 15:37 d Vol 34 431 284 0 20 .68K H 20. 99B L 20. 57D

14
12 1

Y = INTEL CORP
X = S&P 500 INDEX

10-

~I

0
0

6.J

R~2(Correlation ~ 2)
0

0
~-

<>

VI

:::>

Raw BETA
Adjusted BETA
ALPHA( Intercept)

<> ~<>

2-

>

<>

<>

<>

o<>tc>

<>~

oo<>
o
<I> <> <> ~ <> <> <>0
0

<> <>o

-~

<>o
<>

<>

0
0

<>

R(Correlation)
Std Dev of Error
Std Error of ALPHA
Std Error of BETA
t-Test
Significance
Last T-Val ue
Last P-Val ue
Number of Points

0 0
0

<>

<>

<>

<>
0

'

,. ' "I

, ......,

- li,.

1.006
1.004
-0.099
0.487
0.698
2.500
0.247
0.103
9.787
0.000
0.900
0.815
103

<>

li-1"'". ~ ~

-~

m, '

' "'

, ,...,
0

'

'

I" .

* Last Observation

X SPX Index

Australia 6 1 2 9777 86 00 Brazil 5511 3048 4500 Europe 44 20 7330 7500 Germany
Japa n 81 3 32 01 89 00
Singapore 65 6212 1000
U. S . 1 212 318 2000
Cop yright 2012 Bloomberg Finance L. P .
SN 636136 EST GMT- 5 00 6509-5157 - 0 18-Dec-20 12 15 5230

12. Regression beta is 1.006

13. Adjusted beta = Regression beta

(0.67) + 1.00 (0.33)=1.006(.67)
+.33=1.004
14. Intercept from regression. This is in
percent (-0.099%)
15. R Squared and Correlation from
regression in decimals.
R sq = 48.7%; Correlation = 69.8%
16. Std Error of Beta is 0.103
67% confidence: 1.006+0.103 - 1.006-0.103
95% confidence: 1.006 + 2(0.103) - 1.006 - 2(0.103)

Number of data
points in regression

17. Bloomberg's
estimates of current
PE, forward PE,
trailing EPS,
forward EPS and
PEG (PE/Expected
growth rate)

18. Bloomberg's
sector
categorization
19. Bloomberg's
company
description

20. Dividend yield

= Dividends per
share/ Current
Price

4
INTC US Equity

98) Report

1) Profile

99) Feedback

2) Issue Info

IPage 1/41
3) Ratios

Description: Profile

4) Revenue & EPS

INTEL CORP
5) Semiconductor Devices (CCB)
Intel Corporation designs, manufactures, and sells computer components and related products.
The Company's major products include microprocessors, chipsets, embedded processors and
microcontrollers, flash memory products, graphics products, network and communications
products, systems management software, conferencing products, and digital imaging products.

[BBGID BBGOOOCOGlDl]
6) Price Chart (GP

Earn (ERN) 8) Est EE)

lD Cor orate Info
ti"'28.00 Date Aft-mkt (C) 01/17/13 12) www.intel.com
~ 1.oo
~24.oo

P/E
Est P/E
12/12
~22.oo T12M EPS (USD)
~zo.oo Est EPS
~
-;;;~-..--~~-~
Est PEG
Px/Chg 10 (USD)
20.945/+1.82%
52 Wk H (05/02/12)
29.27 10) Dividend (DVD
52 Wk L (11/21/12)
19.23 Ind Gross Yield
YTD Chan e/%
-3.305/-13.63% SY Net Growth
Mkt Cap
(USD)
104,222.3M Cash 11/05/12
Shrs Out/Float
4,976.0M/4,799.5M
SI/% of Float
220.5M/ 4.59%
Da s to Cover
3.6 6
.ll;llau

8.99
9.94
2.33
2.11
0.94

Santa Clara, CA, Un1ted States

Empls 104 700 (09/29/12)
13) Mana ement (MGMT
14) Andy D Bryant
Chairman/Exec VP /CAO
15) PaulS Otellini
President/CEO
4.30% 16) Stacy Jared Smith
14.09% 1 ~--.=E:.:...:..xe.::..:c:_V.:..;..P..!.../....:..;CF:....:O_ _ _ _ _~
0.225 17) 12M Total Ret (TRA) -6.72%
Beta vs SPX
1.00
19) Depositary Receipts

Australia 612 9777 8600 Brazil 5511 3048 45o o~E~ur-o-pe-4~4~2~0~73=3~0~75~0~0~Ge-rm-a-ny-4~ 19~6~9~9=20~4~1=21~0~H-on-g~Ko_n_g~8=52~2=97=7~6~00~0~
Japan 81 3 3201 8900
Singapore 65 6212 1000
u.s. 1 212 318 2000
Copyright 2012 Bloomberg Finance L.P.
SN 636136 EST GMT-5:00 6509-5157-0 18-Dec-2012 15:52:38

21. Market capitalization (Market value of equity)

If there are multiple classes of shares, this is the aggregate market value of all classes
22. Number of shares outstanding & Number of shares that are available for trade (float).
If there are shares held by founder/family that don't trade float < outstanding shares

23. Number and %

of outstanding
shares held by
institutions

24. % of outstanding shares held by

insiders (management, individuals who
own >5%, directors
INTC US $
l20.95
+.38
-,~, ...___. ~----Y'"
X20.94/20.95P
320x29
At 15:37 d Vol 34,443,847 0 20.68K H 20.998
L 20.570
Val 717 .281M
INTC US Equity
I 98) Report I 99) Feedback I
IPage 2/41 Description: Issue Info
1) Profile
2) Issue Info
3) Ratios
4) Revenue & EPS

F~~P~u~hl~ic~O~f~fu~n~n~q:s~<C~A~C~S)~~~~~~~~~~~~~8)1nstl~tion~HoWings(OWN)

Initial Public Offering

Shares Off/Split Adj
Share Price/Split Adj
Lead Manager

10/21/71, Common Stock

350.00k/33.60M
$ 23.50/0.24
Unterberg Towbin & Co

~-=6}.-:;;.I.;;....;;ss~u...;...e...;;;_In;..;...;.~...;...or~m;...;..;;a.;...;;..tl;,...;;..o.:...;...n~<R;...;;.;E=L:.;;;_S)~~~~------4 7) Eqtv Weiqhts(WGT)

Sec Type
Pri Exch
Pri MIC
Incorp
SIC Code
BBGID
ISIN
CUSIP
SEDOL1
Common

Common Stock
NASDAQ GS PAR USD 0.001
XNGS
UNITED STATES (DE)
3674 (SEMICONDUCTORS)
BBGOOOCOG1D1
US4581401001
458140100
2463247 US NAICS
334413
009702920 WPK #
855681
Sicovam 948813

OEX
SPX
INDU
RIY
MLO
SPXI
CCMP
TRIBUS
TRIB
COMP
11) OMON

N.A.
N.A.
1.206%
0.715%
0.801%
N.A.
N.A.
3.936%
1.382%
0.631%

# of Inst. Owners
2,650
Shares Owned
3.3B
Shares Out/Float
66.3%/68.8%
#of Buyers/Sellers 1.0171</958
Shares Bought
4.61M
9} Insider Holdings (OWN)
3.55%
%Held by Insiders
-0.03%
Net change last 6M
10) Top Holders (HDS)
as of 12/17/2012
4.42%
VANGUARD GROUP INC
4.17%
STATE STREET CORP
3.48%
MOORE GORDON EARLE
2.77%
BLACKROCK INSTITUTIO
2.01%
BANK OF NEW YORK MEL
1.63%
INVESCO LTD
1.53%
NORTHERN TRUST CORPO

~~~~~~~~~~~~~~~O~pt~/~LE~A~Ps~/~M~a~rq~in~a~b~l~~~~~~~~~~~~~
Australia 61 2 9777 8600 Brazil 5511 3048 4500 Europ~ 44 20 7330 7500 G~rmany 49 69 9204 1210 Hong Kong 852 2977 6000
Japan 81 3 3201 8900
Singapore 65 6212 1000
U.S. 1 212 318 2000
Copyright 2012 Bloomberg Finance L.P.
SN 636136 EST GMT-5:00 G509-5157-0 18-Dec-2012 15:52:39

25. Bloomberg's estimates of Market multiples

PE: Current PE
PB: Market Cap/ BV of equity
P/S: Market cap/Sales
EV/EBITDA = (MV equity + BV debt - Cash)/EBITDA

Page
INTC US Equity
98) Report
99) Feedback I
1) Profile
2) Issue Info
Fiscal Year End
12/2011
* Last Quarter End 09/12 Q3
(USD)
"" Current/T12M
Issue Data
Per Share Data
USD/20.95
""Last Px
P/E
9.0 EPS T12M
4.3% DPS
""Dvd Ind Yld
2.12 * Bk Val Per Sh
* P/B
P/S
2.0 Rev/Bas Sh
"" Curr EV /T12M EBITDA
4.2 CPS
1047 247.2M * Curr Shares Out
""Mkt Cap
97,014.2M FCF/Basic Sh
""Curr EV
Profita bility
Growth Potential
25.9% EBITDA
Oil EPS Frm Cont Op 1Y
3.3% EBIT
Capital - 1 Year Growth
BVS - 1 Yr Growth
2.4% OPM
R & D to Sales
15.5% Pretax Mrgn
Retention Ratio
68.1% ROA
Rev- 1 Yr Gr
23.8% ROE
Empl1Y Gr
21.3% ROC
Assets - 1 Year Growth
12.6% Asset Turnover
N

IPage 3/41 Description:

3) Ratios

N
N

Ratios

4) Revenue & EPS

5) Income Statements (FA IS)

6) Balance Sheet (FA BS)
7) Cash Flow (FA CF)

2.33
0.78
9.89
10.27
3.99
5.0B
1.94
23.5B
17.5B
32.4%
32.9%
16.4%
24.9%
21.8%
0.7

Cash Row Analysis

P/CF
Curr P/FCF
CF/NI
Dvd P/0
Cash Gen/Cash Reqd
Csh Dvd Cov
CFO/Sales
Eff IR
Structure
Curr Ratio
Quick Ratio
Debt/ Assets
Debt/Com Eq
A/R Trnovr
Inv Turnover
GM
EBIT /Tot Int Exp

5.8
15.5
1.6
31.9%
1.4
3.1
38.8%
4.0%
2.2
1.5
10.3%
16.0%
13.9
4.2
62.5%
91.5

Australia 61 2 9??? 8600 Brazil 5511 3048 4500 Europe 44 20 ?330 ?500 Germany 49 69 9204 1210 Hong Kong 852 29?? 6000
Japan 81 3 3201 8900
Singapore 65 6212 1000
U.S. 1 212 318 2000
Copyright 2012 Bloomberg Finance L.P.
SN 636136 EST GMT-5:00 G509-5157-0 18-Dec-2012 15:52:40

27. Dividend Payout ratio =

Dividends/ Net Income
28. Dividend Yield = Dividends per share/ Current Price

26. Interest
coverage ratio
(Bloomberg
estimates)

29. ROE and ROC

(Bloomberg
estimates)

30. Broad Geographic

breakdown of revenues

31. Broad Business breakdown

of revenues

Page
INTC US Equity
1) Profile

98) Report
99) Feedback
2) Issue I nfo

(USD) 2008 2009 2010

FY 37.68 35.18 43.68
7.18 10.38
Q1 9.78
8.08 10.88
Q2 9.58
Q3 10.28
9.48 11.18
Q4 8.28 10.68 11.58

nGeo Seq (FA GEO)

Asia-Pacific
Americas
Europe

2011 2012 2013

54.08 53.48 54.58
12.88 12.98 13.08
13.08 13.58 13.18
14.28 13.58 13.98
13.98 13.68 14.68
2011 Rev 3Yr Gr
35.78 15.79%
11.38 14.93%
7.08 -0.76%

IPage 4/41 Description:

Rev & EPS

4) Revenue & EPS

3) Ratios

(USD) 2008 2009

FY
.920
.770
.250
.110
Q1
.280 - .070
Q2
.350
.330
Q3
Q4 .040 .400

2010
2.05
.430
.510
.520
.590

2011
2.39
.560
.540
.650
.640

2012
2.11
.530
.540
.580
.457

2013
1.95
.399
.421
.526
.588

8) Prod Seg (FA PROD)

2011 Rev 3Yr Gr
8.18%
PC Client Group
35.48
Data Center Group
10.18 15.41%
5.08 41.60%
Other Intel Architecture Oper
Software and Services Group
1.98 47.82%
AU Other
1.68
N.A.

Australia 61 2 9777 8600 Braz il 5511 30 48 4500 Europa 44 20 7330 7500 Garmany 49 69 9204 1210 Hong Kong 852 2977 6000
Japan 81 3 3201 8900
S i ngapore 65 6212 1000
U.S . 1 212 318 2000
Copyr i ght 2012 Bloomberg Fina nce L.P.
SN 636136 EST GMT- 5 00 G509-5157-0 18-Dac-2012 15 52 , 41

33. Revenues (Sales)

35. Depreciation & Amortization

34. Interest expenses

36. Book value of interest bearing
debt

37. Operating Income or EBIT

Bloomberg
Ticker: INTC US

Equ ~y

Periodic~y:

Annuals

Financial Statement Analysis

Note: Years shown on the report are Fiscal Years

Currency: USD

Company: Intel Corp

Filing: Most Recent

32a. Reporting Currency

32b. Trailing 12 month

data
EBIIDA
Dcprecialion &
Amortization
Operaling Income
Totalrnlerest expense
Nellnccme
Cash & Equivalents
Tolal debt
Total Debt Weighted
Aver<lge Maturity
Total Equrty
Chg in non-cash we
Caprlal Expenduures
Incre ase: LT Debt
Decrea se LT Debt
Inc(Dec) ST Debt
Market cap.
Minority Interes t
Elf tax rote
Net Cash Pt<ld for
Acquasitions
Workono Capita l
Op Leas e - Cunent
Op Lease - Yr t
Op Lease Yr 2
Op Le as e - Yr 3
Op Lease - Yr 4
Op Lease Yr 5
Op Le ase - Beyond yr 5
Drvidends Pa id
Dec capo1al slack
Current Shares
Outs tandrng
Price per share
Options Outs tanaing
End Of Penocl
Avg Exercise Price
(Options Oufs1andingl
R & D expe nditures
Consolidated De bt

21.388.76

21,808.65

23,188.00
7.106.00

23.541 ,00
6 ,064.00

20.226.00
4,638.00

10,994.00
5 .052.00

14.280.00
4.616.00

13,546.00
4,798.00

11,161.00
4.912.00

16.811.00
4.595.00

16,082.00
272.00
11.897.00
14,389.00
7,156.00

17.477.00
191.00
12.942.00
15,399.00
7.331.00

15.588.00
134.00
11,464.00
22,893.00
2. 115.00

5,942.00
87.00
4.369.00
14 ,693.00
2 ,221 .00

9,664.00
94.00
5.292.00
12.195.00
1,287.00

8.748.00
72.00
6,976.00
16,350.00
2.122.00

6,249.00
84.00
5.044.00
10.400 .00
2.026.00

12,216.00
21.00
6.664.00
13,309.00
2.419.00

49,269.00
-525.00
-11 ,367.00
106.00

45,911.00
240.00
-10,764.00
5,086.00

49.430.00
-769.00
-5.207.00
0.00

41 .704.00
112.00
-4,5t5.00
1.980.00

39,546.00
-1,509.00
-5.197.00
0.00

42,762.00
870.00
-5.000.00
125.00

36.752.00
60.00
-5,860.00
0.00

36.182.00
-18.00
-5.818.00
1.742.00

-10.00
104,222.32
0.00
24.20
812.00

209.00
123.481.00
0.00
27 21
8.721.00

0.00
116.245.52
0.00
28.55
218.00

-87.00
112,262.26
0.00
23.40
853.00

-40.00
78.869.16
0.00
31 . 15
16.00

39.00
156.465.72
0 .00
23.89
76.00

114.00
116.761.50
0.00
28.64
0.00

126.00
t50.483.83
0.00
31.29
191.00

11 ,061 .00

-4.301.00
8 .243.00
4 ,976.00

13,844.00
178.00
183.00
142.00
112.00
81 .00
53.00
136.00
-4,127.00
-14,340.00
5,092.00

22,284.00
124.00
102.00
66.00
56.00
32.00
20.00
31 .00
-3,503.00
-1.736.00
5.578.00

13.566.00
t20.00
102.00
83.00
66.00
40.00
20.00
38.00
-3.108.00
-1 .762.00
5 ,522.00

12.053.00
141 .00
106.00
75.00
55.00
44.00
24.00
46.00
-3.100.00
-7.195.00
5,562.00

15,314.00
154.00
95.00
73.00
44.00
30.00
26.00
52.00
-2,618.00
-2,788.00
5.847.00

9,766.00
160.00
t14.00
80.00
58.00
33.00
24.00
75.00
-2.320.00
-4,593.00
5,766.00

11 .960.00
t50.00
114.00
79.00
62.00
47.00
30.00
102.00
1 .958.00
-10.637.00
6,029.00

20.57
224.90

20.84
298.30

20.33
386.40

14.16
451 .30

26.76
612.00

20.25
665.90

24.96
839.50

23.54
899.90

20.16

20. 12

20.45

25.08

27.70

27.76

26.98

26.71

9.827.00

8 ,350.00

6 ,576.00

5.653.00

5.722.00

5,755.00

5.873.00

5.145.00

38. Cash & Marketable Securities

13.489.06

14,687.24

9,876.78

10.884.67

39. Wtd Debt maturity: If available

40. Book value of equity
-10,064.92

-1 1,293.67

41. Conventional Cap ex

42. Cash spent on
acquisitions. If
stock used, it won't
show up here.
43. Operating lease
commitments. For non-US
firms, blank (zero) can
indicate either no lease
commitments or failure to
report commitments.

We ighted Average

Maturity
Op Lease Years 2 5

44. Management Options, if issued & info provided

45. Dividends paid

47. Dec. Capital Stock = Stock buybacks

48. Chg in non-cash WC
49. Increase & Decrease in LT Debt
50. Change in ST Debt

386.00

194.00

209.00

198.00

173.00

195.00

218.00

46. R&D expenditures: Treated by acctg as operating expense

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