ACCOUNTING FINANCIAL ANALYSIS REPORT.

Discussion: Stock Market Valuation and Success Having a successful IPO (initial public offering) of company stock depends on accurately determining the company’s value and correctly assessing economic and market conditions. For this discussion, you will research an IPO that occurred in the last five years and present your assessment of whether you think the offering was a success. Select an IPO that occurred in the last five years and research it using credible financial publications (e.g., Bloomberg, The Financial Times, The Wall Street Journal, The Economist). Referring to your research and analysis of the company’s financial statements prior to the IPO (found via the SEC EDGAR Company Filings), determine whether you think the IPO was a success. In your post, address the following questions with appropriate support for your answers: Did the company value the IPO correctly? Was the company able to generate additional value for shareholders via the IPO? What economic and market fact

Running head: ACCOUNTING FINANCIAL ANALYSIS REPORT
ACCOUNTING FINANCIAL ANALYSIS REPORT
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Author Note:

1ACCOUNTING FINANCIAL ANALYSIS REPORT
Table of Contents
Introduction:...............................................................................................................................2
Discussion:.................................................................................................................................2
In Response to Question 1......................................................................................................2
In Response to Question 2......................................................................................................2
In Response to Question 3......................................................................................................3
In Response to Question 4......................................................................................................3
Conclusion..................................................................................................................................3

2ACCOUNTING FINANCIAL ANALYSIS REPORT
Introduction:
The assignment basically deals with the three companies from different sectors which
are the Pact Group which is material based industry, Virtus health is basically a healthcare
equipment industry and Meridien Energy is a utility based industry.
Discussion:
In Response to Question 1
In case of the Pact Group, the return of the first day of trading is negative which
means that the offer price of the company is slightly overpriced and in that case the strategy
of the company will not be able to attract the potential shareholders in the market. The IPO of
Virtus Health and Meridien Energy is perfectly priced where the company will be successful
to attract the shareholders in the market which is a good sign for the company.
In Response to Question 2
Pact Group and Meridien Energy will be able to add value to the shareholders of the
company as the share price for the last 5 years of the company is increasing for both the
company. But on the other hand in case of Virtus Health will not be able to attract the
shareholders in that case.

3ACCOUNTING FINANCIAL ANALYSIS REPORT
In Response to Question 3
Definitely the economic and market factors put impact on the results of the IPO as
there is continues change in the political and economic which actually creates impact on the
market.
In Response to Question 4
As per the criticality and assumption on the analysis it can be said that in the case
Meridien Energy the IPO is a huge success compared to the other two companies.
Conclusion
From the above discussion it can be concluded that in case of stock market valuation
IPO plays a significant role which has been depicted in the above discussion.

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References
Robinson, T. R., Henry, E., Pirie, W. L., & Broihahn, M. A. (2015). International financial
statement analysis. John Wiley & Sons.
Williams, E. E., & Dobelman, J. A. (2017). Financial statement analysis. World Scientific
Book Chapters, 109-169.