BITS Pilani · Coursework · 2022
Semiconductors: industry, index, valuation
Connecting business analysis with the financial models behind an investment view.
My role Group contributor · industry analysis, benchmarking and valuation
Context
Our coursework examined NVIDIA, Intel and AMD through industry structure, supply-chain dynamics, competitive positioning and valuation. The work connected company analysis with a semiconductor industry index.
Approach
The group used an industry-to-company approach: study the sector, compare the businesses, build an index, and then develop valuation models. The index report contains 15 companies.
Outcome
The team produced industry and company reports, index/risk analysis, and valuation workbooks. These are historical academic outputs, not current investment recommendations.
Academic group work · 2022
Evidence & scope
The original December 2022 index report lists five contributors, including me, and documents the 15-constituent index, regression analysis, implied equity risk premium and cost of capital. The table below is a small excerpt from that report.
Three of 15 constituents. Historical reported weights, not current holdings.
| Company | Reported index weight |
|---|---|
| NVIDIA | 25.9% |
| Intel | 7.4% |
| AMD | 7.1% |
A closer look
Open the parts you want to explore.
Start with the businesses
Industry and company analysis used frameworks including Porter’s Five Forces, BCG and SPACE analysis. NVIDIA, Intel and AMD were compared for competitive positioning before the valuation work.
Connect the index to valuation inputs
The index report examines systematic and unsystematic risk, implied equity risk premium, cost of equity and WACC. The archive also contains staged dividend-discount and cash-flow valuation workbooks.
Attribution and scope
This page describes the group’s output. I was a contributor; the individual division of work is not presented as sole ownership. The archive provides the methodology and historical context without claiming subsequent investment returns.
Source notes
ECON F355 group reports and valuation-workbook archive. Index report dated 25 December 2022. Table values are transcribed from the report and are not current market data. Personal contact details from the report cover are not reproduced.