In today’s briefing:
- Synergy Green Industries- Forensic Analysis
- AECOM: Initiation of Coverage – Recent Restructuring & Other Developments
- AECOM: Detailed Credit Analysis & Financial Strength Evaluation Report
- PACCAR Inc.: Initiation of Coverage – Business Strategy & Key Drivers
- PACCAR Inc.: Detailed Credit Analysis & Financial Strength Evaluation Report
Synergy Green Industries- Forensic Analysis
- Synergy Green Industries (SYGIL IN) is engaged in the business of foundry i.e., manufacturing of wind turbine casting and other large precision castings.
- The company has been quite aggressive regarding its capex in the last few years especially, but the value add of these projects remains to be seen.
- Levered balance sheet, volatile business operations coupled with high related party transactions are some of the discomforts on the forensic front.
AECOM: Initiation of Coverage – Recent Restructuring & Other Developments
- This is our first report on AECOM, one of the largest infrastructure consulting players in the world.
- AECOM’s management is focusing on its investments to go after transformative growth opportunities where it has a competitive edge.
- Organic NSR growth quickened to 8%, with a 9% increase in design, which is on par with their strongest level over the past ten years and robust growth in both categories.
AECOM: Detailed Credit Analysis & Financial Strength Evaluation Report
- AECOM is one of the largest professional infrastructure consulting players in the world.
- AECOM’s management is focusing on its investments to go after transformative growth opportunities where it has a competitive edge.
- 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.
PACCAR Inc.: Initiation of Coverage – Business Strategy & Key Drivers
- This is our first report on PACCAR, the largest manufacturer of medium and heavy-trucks in the world.
- Pretax earnings at PACCAR Parts reached $380 million, a 23% increase over the same time in the previous year.
- Fourth quarter revenues at PACCAR Parts were a solid $1.47 billion and the company delivered an all-around beat.
PACCAR Inc.: Detailed Credit Analysis & Financial Strength Evaluation Report
- PACCAR is among the world’s largest manufacturers of medium and heavy trucks.
- PACCAR saw an increase in truck production as well as the completion of almost all the cars that still needed components.
- 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.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars
