Specifics of IT sector companies capitalisation assessment
Abstract and keywords
Abstract (English):
The paper discusses the problems and features of IT sector companies’ capitalization. It also raises theoretical issues related to the assessment of the main indicators involved in the company cost estimating on the stock market. We analyse the specificity and interpretation of the Graham coefficient and identify the main factors influencing the company capitalization. The results of the study are as follows: high sales growth rates for IT sector companies; high ROS and ROA; the smallest variation is available in terms of capitalization/profit and ROS; developer companies, contract manufacturers, and major manufacturers do not differ from each other; the share of equity has a significant range; the contract manufacturers have high and stable profitability of sales; a high degree of capitalization according to the main indicators of capitalization/profit, capitalization/revenue.

Keywords:
The paper discusses the problems and features of IT sector companies’ capitalization. It also raises theoretical issues related to the assessment of the main indicators involved in the company cost estimating on the stock market. We analyse the specificity and interpretation of the Graham coefficient and identify the main factors influencing the company capitalization. The results of the study are as follows: high sales growth rates for IT sector companies; high ROS and ROA; the smallest variation is available in terms of capitalization/profit and ROS; developer companies, contract manufacturers, and major manufacturers do not differ from each other; the share of equity has a significant range; the contract manufacturers have high and stable profitability of sales; a high degree of capitalization according to the main indicators of capitalization/profit, capitalization/revenue.
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References

1. Buffett, W. (2007). An essay on investments, corporate finance and company management. Moscow (in Russian).

2. Brigham, Yu., & Gapensky, L. (1998). Financial management. (Vol. 1). Moscow: Economic School (in Russian).

3. Domodoran, A. (2012). Assessment of assets value. Minsk: Popurri (in Russian).

4. Siegel, J. (2010). Long-term investments in stocks. Strategies with high income and reliability. St. Petersburg: Piter (in Russian).

5. Chistyakov, A. E. (2018). The impact of financial and economic indicators on the capitalization of electric power companies. Yaroslavl: YarGU (in Russian).


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