You have been considering investing in Jack Henry & Associates Inc. (NASDAQ:JKHY) . You have decided to
Question:
You have been considering investing in Jack Henry & Associates Inc. (NASDAQ:JKHY).
You have decided to do a more thorough analysis of it.
i) Identify and discuss at least one benchmark that you have chosen to compare JKHY against. What considerations did you make in your choice of benchmark? Chart your choice of benchmark against JKHY's share price over the period of period 1st of August 2020 until 31st of August 2021 and compare the two graphically. (10 Marks).
ii) Valuation multiples are often used to compare companies quickly. Identify an appropriate valuation multiple/ratio and evaluate if JKHY is over, under or fairly valued. Explain the reasoning behind your choice of multiple that you utilised for your analysis. Are there any limitations of utilising multiples that you might need to consider?
Expert Answer:
Jk Henry ssites In Jk Henry ssites In is ublilytrded tehnlgy firm nd remense disenstin servie fr the mnetry industry The merinbsed rrtin serves ver 9000 nsumers glblly The mny hs been in existene fr 4... View the full answer
