Analysis of the financial performance of Tesco compared to its competitor Morrisons. This study covers the financial analysis of Tesco and its competitor, limitations of application of financial analysis and comparison, and valuation of Tesco from different methods. The study also contains the calculation of WACC along with a discussion on difficulties in assessing WACC. You can also go through "A case study on Tesco" where you will know " Tesco Marketing Strategy".