Fundamental Analysis

Industry analysis
o Industry Structure
o Market Size & Growth
o Industry segments
o Competition (Herfindahl Index, Michael Porter Analysis)
o Growth Drivers
o Issues and Concerns
Economy Analysis
o Scanning Macroeconomic indicators
o Economy-Industry linkage
o Economy & Capital Markets
Technical Analysis
o Company analysis
Business Analysis
Products & Services
Business Model & Strategy
Key Business drivers (Growth & Value)
Segment Analysis
o Company Financials

Financials & Projections

Profit & Loss Statement
Balance Sheet
Cash Flow Statement
Financial Ratios
Profitability
Liquidity
Efficiency
Valuation
Key Assumptions

o Valuation

DCF

Relative Valuation

Key Risks

Valuation Perspectives