Pricing Growth Companies
The result of BG’s research-based approach is our ability to price and select growth companies with long term potential. To do this, we strive to understand a company’s business. We reconstruct the underlying business model. We apply our proprietary valuation techniques. This methodology gives us the analytical means to price growth shares, the confidence to weather volatile markets and the self-assurance to provide long-term Buy recommendations.
Communicating our Research
We invest a lot of time sharing our research with our clients. Each month, we initiate formal analyst meetings or road shows with close to hundred investors across Europe. We publish company reports, industry reports, daily briefs and monthly strategic outlooks and our analysts proactively advise our clients to make sure that our research has a prompt impact. In 2011, Bryan, Garnier & Co’s equity research team issued more than 80 major research publications.
A research model free of conflict of interests
Bryan, Garnier & Co research team has developed a model which ensures a total independence of the research.
- We provide independent and contrarian ideas on mid and large European stocks : our clients value our knowledge and the independence of our team from any conflict of interests arising from global banking relationship with large corporations.
In 2011, 60% of our research coverage was on companies with market capitalisation above € 3 billion.
- We identify attractive mid-cap companies (€ 500 million to € 3 billion) which have limited coverage and represent hidden investment opportunity for our investors. In 2011, 40% of our research coverage was on mid-caps.
- We ensure the equity research coverage of listed small-caps, mostly related to our investment banking activities to make sure that the market is fed with accurate and comprehensive analysis of their newsflow.