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 Bottom-Up

<ul><li>Valvoline's performance in the second quarter of fiscal 2024 demonstrates robust growth and operational efficiency.</li><li>The company showed an impressive growth trajectory with system-wide store sales increasing by 13% to $746 million.</li><li>The expansion was complemented by a significant rise in profitability, evidenced by a 21% increase in adjusted EBITDA to $105 million and a notable jump in adjusted earnings per share (EPS), which increased over 60% to $0.37 per share.</li></ul>

Valvoline's performance in the second quarter of fiscal 2024 demonstrates robust growth and operational efficiency.The company showed an impressive growth trajectory with system-wide store sales increasing by 13% to $746 million.The expansion was complemented by a significant rise in profitability, evidenced by a 21% increase in adjusted EBITDA to $105 million and a notable jump in adjusted earnings per share (EPS), which increased over 60% to $0.37 per share.

Valvoline Inc.: A Tale Of Enhanced Service Portfolio and Innovation! - Major Drivers

Podcast by Andrew Walker, a PM at Rangeley Capital, Yet Another Value Podcast

Yet Another Value Podcast

Podcast by Andrew Walker, a PM at Rangeley Capital

Yet Another Value Podcast is a new podcast from Andrew Walker, the founder of yetanothervalueblog.substack.com/. We interview top investors and dive deep into stocks and companies they are currently working on and investing in. While nothing on this channel is investing advice and everyone should do their own diligence, our goal is to frequently feature edgy and actionable value and/or event driven ideas. Please see our legal and disclaimer at: https://yetanothervalueblog.substack.com/p/legal-and-disclaimer

<ul><li>Valvoline is a vehicle service center focused on quick lube and basic maintenance services.</li><li>They have a new focus as a pure play company after divesting their global products business in 2023.</li><li>The team pitched Valvoline with a price target of $84, representing a 95% price upside and 22% IRR.</li></ul>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Valvoline is a vehicle service center focused on quick lube and basic maintenance services.They have a new focus as a pure play company after divesting their global products business in 2023.The team pitched Valvoline with a price target of $84, representing a 95% price upside and 22% IRR.This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Pershing Square Challenge 2024 winning team shares pitch on Valvoline $VVV

External reports (aggregated public sources), Value Investors Club

Value Investors Club

External reports (aggregated public sources)

<ul><li>Valvoline is the largest pure-play operator in the oil change industry, trading at around 16 times estimated FY25 EPS</li><li>The company plans to accelerate unit growth from 140 to 250 openings per year over the next five years</li><li>Valvoline has a focus on driving incremental ticket growth and strong competition in the market, positioning it for success with a solid foundation from its long history in the industry</li></ul>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

Valvoline is the largest pure-play operator in the oil change industry, trading at around 16 times estimated FY25 EPSThe company plans to accelerate unit growth from 140 to 250 openings per year over the next five yearsValvoline has a focus on driving incremental ticket growth and strong competition in the market, positioning it for success with a solid foundation from its long history in the industryThis content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

Valvoline Inc (VVV) - Thursday, Feb 8, 2024

<ul><li>Valvoline Inc., a leading worldwide marketer and supplier of premium branded lubricants and automotive services, reported robust results for the first quarter of fiscal 2024.</li><li>The company's strong performance was marked by a robust top-line growth with system-wide store sales growing 12.3% to $723 million.</li><li>Both company and franchise same-store sales expanded respectively with 6.1% and 8% growth.</li></ul>

Valvoline Inc., a leading worldwide marketer and supplier of premium branded lubricants and automotive services, reported robust results for the first quarter of fiscal 2024.The company's strong performance was marked by a robust top-line growth with system-wide store sales growing 12.3% to $723 million.Both company and franchise same-store sales expanded respectively with 6.1% and 8% growth.

Valvoline Inc.: Initiation Of Coverage - Will The Improvements in Non-Oil-Change Revenues and Premiumization Continue To Happen? - Major Drivers

Technical Analyst, Vermilion Research

Joe Jasper

Technical Analyst

Technical and Quantitative Research

Vermilion Research

Vermilion’s objective is to deliver timely, actionable, and unique technical research to professional investors through the application of our various technical indicators.

Our research strategists seek to highlight securities which we believe are at major inflection points, based on our various technical and quantitative indicators, and offer asymmetric risk/return profiles. Our unique research methodology, centered on relative strength, enables our strategists to deliver superior investment recommendations.

Our process begins by organizing the universe of actively traded stocks into discrete sectors, then into industry groups. We then apply our technical and quantitative tools to identify developing price trends. Once attractive trends are identified within a selected sector or group, we screen for individual stocks which we believe offer the best risk/reward profile. We provide a historical perspective that often reveals, through our long-term charts, how price patterns often repeat themselves over time.

Technical Analysis

iShares MSCI Emerging Markets / Technical Analysis

<ul>
<li>The bullish outlook we initiated in early November 2023 remains intact. The SPX and QQQ still refuse to close below their 20-day MAs/21-day EMAs for more than 2-3 consecutive days.</li>
<li>Even if/when they do, important supports are close by, including 4983-5050 on the S&amp;P 500 and $425-$433 on QQQ (gap supports from 2/22/24). Anything above 4800 SPX is a buy.</li>
<li>We continue to get an ever-increasing number of global indexes/Sectors with long-term breakouts, the latest being the MSCI Emerging Market and Frontier indexes. Clearly risk-on behavior.</li>
</ul>


The bullish outlook we initiated in early November 2023 remains intact. The SPX and QQQ still refuse to close below their 20-day MAs/21-day EMAs for more than 2-3 consecutive days.
Even if/when they do, important supports are close by, including 4983-5050 on the S&amp;P 500 and $425-$433 on QQQ (gap supports from 2/22/24). Anything above 4800 SPX is a buy.
We continue to get an ever-increasing number of global indexes/Sectors with long-term breakouts, the latest being the MSCI Emerging Market and Frontier indexes. Clearly risk-on behavior.


Long-Term Breakouts for Emerging and Frontier Markets; Treasury Yields and Commodities Rising YTD

United States

Valvoline Inc. manufactures and distributes automotive lubricants and chemicals. The Company offers motor oil, additives, antifreeze, brake fluid, and grease products. Valvoline also owns the oil change and express care chains of car repair centers.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Valvoline (VVV US)

Valvoline Inc.: A Tale Of Enhanced Service Portfolio and Innovation! - Major Drivers

Valvoline's performance in the second quarter of fiscal 2024 demonstrates robust growth and operational efficiency. The company showed an...

Baptista Research

Pershing Square Challenge 2024 winning team shares pitch on Valvoline $VVV

Valvoline is a vehicle service center operator and franchisor focusing on quick lube and maintenance services, with a recent divestment of its...

Yet Another Value Podcast

Valvoline Inc (VVV) - Thursday, Feb 8, 2024

Valvoline has a focus on driving incremental ticket growth and strong competition in the market, positioning it for success with a solid foundation...

Value Investors Club

Valvoline Inc.: Initiation Of Coverage - Will The Improvements in Non-Oil-Change Revenues and Premiumization Continue To Happen? - Major Drivers

Valvoline Inc., a leading worldwide marketer and supplier of premium branded lubricants and automotive services, reported robust results for the...

Baptista Research

Long-Term Breakouts for Emerging and Frontier Markets; Treasury Yields and Commodities Rising YTD

Long-Term Breakouts for Emerging and Frontier Markets $EEM $FM; Bullish Outlook Intact on $SPX $QQQ; Treasury Yields and Commodities Rising YTD has...

Vermilion Research

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)