Equity Research Devott specializes in providing a complete and wide range of outsourced equity research services. Our goal is to help our clients expand equity research coverage, lower research costs and increase their competitive advantages in the market place. Our equity research services include:
Financial models
Utilizing the fundamental analysis approach, we build a company's financial statements (income statement, balance sheet and cash flow statement) using the historical information (10Ks and 10Qs). Based on the historical financials, macro economic and industry trends and company’s outlook, we forecast the future revenue growth and earnings of the company. Our model can also facilitate a sensitivity analysis.
Equity research report
Our research reports leverage the quantitative and qualitative analysis technique. Qualitative analyses include the research on a company's business, its industry segment, operations, products and services and management. Quantitative analyses include research on a company’s financials, segment analysis and valuations.
Investment summary report
Leveraging a proprietary financial database (containing the most complete financial information of the Chinese companies listed on NYSE, NASDAQ, AMEX and OTCBB in the U.S.) established in house, we can prepare short investment summary reports based on clients’ requests. We are also capable of creating morning notes and first call notes for sell-side research.
Company profile
We specialize in writing the company profile, which is an overview of a company's business, operations, financials, products and services, customers, ownership, management and capital market performance.
Valuation analysis
Our valuation analysis includes DCF, WACC and sensitivity analyses.
On-site due diligence
We can conduct channel checks for specific industries and companies based on clients’ requests.
Industry analysis
Our industry analysis provides an in-depth strategic view of the dynamics of a specific industry or sector. The analysis mainly includes an industry overview, current market size, growth prospects, and competitive landscape.
Competitive analysis
We conduct detailed competitive research based on clients needs. In this analysis, we look at the competitive landscape in the industry, the major players and their key weaknesses and strengths in the market place.
Comparative analysis
We can provide a comparative summary of trading multiples and other key operating metrics of a company and its peers. This analysis offers relative valuation using valuation multiples such as EV/EBITDA.
Quarterly and annual financial information updates
We regularly look at SEC filings of 10Ks and 10Qs to update the company’s financial statements in a timely manner.
