Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Capital Markets

Jacobs Solutions  / Equity Capital Markets

<ul><li>Jacobs Engineering Group managed to exceed analyst expectations in terms of revenue as well as earnings.</li><li>The People and Places line of business of Jacobs Engineering delivered a strong performance.</li><li>The divergent solutions operating unit had a strong operating profit with up in operating profit.</li></ul>

Jacobs Engineering Group managed to exceed analyst expectations in terms of revenue as well as earnings.The People and Places line of business of Jacobs Engineering delivered a strong performance.The divergent solutions operating unit had a strong operating profit with up in operating profit.

Jacobs Engineering Group: Infra Growth & The Palantir Partnership Accelerating Its Upward Trajectory? – Key Drivers

Credit

<ul><li>Jacobs Engineering Group is a major provider of engineering and technical services across the globe.</li><li>With CMS, Jacobs continues to generate a solid recurring revenue base with an expanding new business pipeline.</li><li>Baptista Research looks to evaluate the different credit strengths and credit risks of the company as well as a line-by-line analysis of the financial statements of the company for the past four years.</li></ul>

Jacobs Engineering Group is a major provider of engineering and technical services across the globe.With CMS, Jacobs continues to generate a solid recurring revenue base with an expanding new business pipeline.Baptista Research looks to evaluate the different credit strengths and credit risks of the company as well as a line-by-line analysis of the financial statements of the company for the past four years.

Jacobs Engineering Group Inc.: Detailed Credit Analysis & Financial Strength Evaluation Report

Equity Bottom-Up

<ul><li>This is our first report on a engineering and technical services behemoth, Jacobs Engineering Group.</li><li>With CMS, Jacobs continues to generate a solid recurring revenue base with an expanding new business pipeline.</li><li>We initiate coverage on the stock of Jacobs Engineering Group with a 'Buy' rating.</li></ul>

This is our first report on a engineering and technical services behemoth, Jacobs Engineering Group.With CMS, Jacobs continues to generate a solid recurring revenue base with an expanding new business pipeline.We initiate coverage on the stock of Jacobs Engineering Group with a 'Buy' rating.

Jacobs Engineering Group Inc.: Initiation of Coverage – Financial Forecasts

IPOs and Catalysts/Events, Global Equity Research Ltd

Arun George

IPOs and Catalysts/Events

Uncompromised, Independent, Conflict-Free Research

Global Equity Research Ltd

Global Equity Research was started in 2017 by a group of experienced research professionals. It was founded on a passionate belief in the importance and the need for uncompromised, independent, conflict-free research. We aim to provide differentiated and actionable primary and bottom up fundamental research.

Hyundai Engineering   / Equity Capital Markets

<ul>
<li>
<a href="https://www.smartkarma.com/entities/hyundai-engineering-co-ltd" target="_blank" data-smartkarma-citation="entities:33008:1" rel="noopener">Hyundai Engineering Co Ltd (HEC KS)</a> has launched its IPO to raise US$0.8-1.0 billion at the price range of KRW57,900-75,700 per share.</li>
<li>In <a href="https://www.smartkarma.com/insights/hyundai-engineering-ipo-initiation-building-on-good-foundations" target="_blank" data-smartkarma-citation="insights:63360" rel="noopener">Hyundai Engineering IPO Initiation: Building on Good Foundations</a>, we stated that HEC has attractive fundamentals with a strong backlog, healthy book-to-bill, improving 3Q21 revenue growth and improving margins. </li>
<li>In this note, we look at the syndicate's valuation methodology and present our valuation methodology. Our valuation analysis suggests that the IPO price range is unattractive. </li>
</ul>



Hyundai Engineering Co Ltd (HEC KS) has launched its IPO to raise US$0.8-1.0 billion at the price range of KRW57,900-75,700 per share.
In Hyundai Engineering IPO Initiation: Building on Good Foundations, we stated that HEC has attractive fundamentals with a strong backlog, healthy book-to-bill, improving 3Q21 revenue growth and improving margins. 
In this note, we look at the syndicate's valuation methodology and present our valuation methodology. Our valuation analysis suggests that the IPO price range is unattractive. 


Hyundai Engineering IPO: Valuation Insights

United States

Jacobs Solutions Inc. provides technical professional services. The Company offers engineering and construction services, as well as scientific and specialty consulting for a broad range of clients including companies, organizations, and government agencies. Jacobs Solutions serves customers worldwide.

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Jacobs Solutions (J US)

Jacobs Engineering Group: Infra Growth & The Palantir Partnership Accelerating Its Upward Trajectory? – Key Drivers

Jacobs Engineering Group managed to exceed analyst expectations in terms of revenue as well as earnings. The People and Places line of business of...

Baptista Research

Jacobs Engineering Group Inc.: Detailed Credit Analysis & Financial Strength Evaluation Report

Jacobs Engineering Group is a major provider of engineering and technical services across the globe. With CMS, Jacobs continues to generate a...

Baptista Research

Jacobs Engineering Group Inc.: Initiation of Coverage – Financial Forecasts

This is our first report on a engineering and technical services behemoth, Jacobs Engineering Group. With CMS, Jacobs continues to generate a...

Baptista Research

Jacobs Engineering Group Inc.: Initiation of Coverage – Financial Forecasts

This is our first report on a engineering and technical services behemoth, Jacobs Engineering Group. With CMS, Jacobs continues to generate a...

Baptista Research

Hyundai Engineering IPO: Valuation Insights

HEC has launched its IPO to raise US$0.8-1.0 bn. Our valuation analysis suggests that HEC is fairly valued at the low end of the IPO price range....

Arun George

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