Research Report on Goldman Sachs
The Goldman Sachs Group, Inc. (Goldman Sachs) is a global investment banking, securities and investment management firm that provides a range of services worldwide to a client base that includes corporations, financial institutions, governments and high-net-worth individuals. Its activities are divided into three segments: Investment Banking, Trading and Principal Investments, and Asset Management and Securities Services. Investment Banking represented 16% of the Company’s net revenues during the fiscal year ended November 30, 2007 (fiscal 2007). Trading and Principal Investments represented 68% of net revenues in fiscal 2007. Asset Management and Securities Services represented 16% of net revenues in fiscal 2007. On December 11, 2007, Credit-Based Asset Servicing and Securitization LLC (C-Bass), a sub-prime mortgage investor, has completed the sale of its Litton Loan Servicing business to Goldman Sachs.
| Goldman Sachs Fundamentals |
| Year |
Revenue |
Net Income |
EPS |
P/E |
Share Price |
Net Margin |
Return on Equity |
| 1999 |
12641 |
2708 |
5.57 |
11.9 |
66.283 |
20.29% |
26.69% |
| 2000 |
15,604 |
3067 |
6 |
16.1 |
96.60 |
18.49% |
23.00% |
| 2001 |
14,518 |
2310 |
4.26 |
8.5 |
36.21 |
14.61% |
13.29% |
| 2002 |
11,585 |
2114 |
4.03 |
21.1 |
85.03 |
15.12% |
11.36% |
| 2003 |
12,872 |
3005 |
5.87 |
19.7 |
115.64 |
18.77% |
14.79% |
| 2004 |
17,925 |
4553 |
8.92 |
13.7 |
122.20 |
22.16% |
19.49% |
| 2005 |
22,141 |
5626 |
11.21 |
10.8 |
121.07 |
22.70% |
21.92% |
| 2006 |
34,167 |
9537 |
19.69 |
9.8 |
192.96 |
25.32% |
32.36% |
| 2007 |
42,000 |
11599 |
24.73 |
7.8 |
192.89 |
25.22% |
32.05% |
