Research
What's in an EERP report.
Every report follows one standardised structure, so an institutional investor finds the same information in the same place across every company we cover. Initiations run 15–20 pages, co-signed by the covering analyst and the Head of Research.
Snapshot
Rating, 12-month price target, current price, key metrics and the one-line thesis — on the cover.
Investment thesis
The three to five variables that move the stock, the catalyst pathway and the differentiated view.
Catalysts
Dated events — results, contracts, guidance — and why each matters to the thesis.
Valuation
Driver-based DCF, peer multiples and base / bull / bear scenarios behind the target.
Financials
Three-statement model summary across five years; full model downloadable in Excel.
Risks
What would break the thesis, and how it would affect the rating and target.
Industry context
Market size, structure, regulation and competitive positioning.
Company deep-dive
Business model, segments, management, ownership and capital allocation.
Disclosures
Sponsored relationship, payment basis, conflicts, 5% concentration and the rating system.
Every report is distributed openly on publication day, with the full financial model available for download in standardised Excel format.