Download PDF Introduction about Fintech In the years following the financial crisis of 2008, regulators have focused their attention on making the financial system a much safe a place as possible, in particular adopting new regulations for traditional financial institutions. Meanwhile, in places like Sillicon Valley, London, and in parts Read more…
Projecting growth of earnings and revenues has always been bread and butter of equity analysis, with equity research departments deploying state of art models and tools in order to gain an advantage in forecasting the high growth industries. However, as 2019 certainly has been for many investors a year of Read more…
What is real estate Real estate is a physical ‘bricks and mortar’ investment, where income and value are driven by rents that are paid by tenants under contractually-binding leases. Its subsectors include office, retail, multifamily, industrial, self-storage and hospitality. The main sources of real asset cash flows are derived from Read more…
Introduction Firstly, we briefly present H&M business. Secondly, we provide a report of recently announced Q1 2017 results. Thirdly, we perform a DCF and multiples valuation to find a target price for H&M, in line with recently announced results. Finally, we will explore a strategy to profit from our analysis. Read more…
Here we go with our last production of 2014, take it as a small Christmas present. We are proud to publish a full equity research report on an established Italian company, mainly known for its waterproof breathable shoes: GEOX. In order to analyse and evaluate the company, we have considered Read more…
This week, we are proud to publish a full report on GoPro, one of the best performing tech stocks of the year. In order to analyse and evaluate properly the Company, we thoroughly studied its most recent financial results and its business. We shortlisted the Company’s competitors, considering both the Read more…
Facebook Market Cap (as of 21/02/2014): USD174.89bn Facebook, Inc. the listed US based company headquartered in Menlo Park, California, has signed a definitive agreement on Wednesday, the 19th of February to acquire the venture-backed WhatsApp Inc for USD16bn plus USD3bn in restricted stock units (RSU from now on). The deal Read more…
In the last quarter report, IBM announced revenues for $23.7bn (consensus $24.75bn) EPS at $3.99 (consensus $3.96), a light and shade result that followed a similar quarter (Q2), with a beat on earnings per share ($3,91) and a miss on revenues ($24,9bn) and the weakest quarter of the last years Read more…
Months of rumours have finally come to an end: Twitter is joining the ranks of listed internet companies with an IPO in Q4 2013. The market is hyped up and ready to go, but is this offering destined for ridicule as Facebook’s was? Correctly valuing Twitter is of paramount importance Read more…