Research from Water Tower Research, Water Tower Research

Water Tower Research

Water Tower Research is a leading equity research firm that provides research on micro, small and mid cap companies.

Water Tower Research was founded by Wall Street veterans after witnessing a fundamental shift in the investment research industry with the result being a declining knowledge base among investors, a lack of awareness and a shrinking pool of fundamental research being conducted on companies across the small-cap and micro-cap spectrum. The same issues are now increasingly occurring in the mid-cap space. This sea change within the investment community is impacting not only the companies themselves but also current shareholders and potential investors. With significantly less active sell-side sponsorship by Wall Street, a substantial information gap has developed between companies and various constituents in the financial community. The net result is fewer channels for insight and information to flow between companies and investors.

Research from Water Tower Research

Equity Research Firm

Thematic (Sector/Industry)

United states Financials / Thematic (Sector/Industry)

<div><div><div><ul style="list-style-type: disc;"><li><p>WTR Sustainable Index: During the week ended July 14, 2023, the WTR Sustainable Index performed in line with the broader market, rising 2.6% W/W versus the S&amp;P 500 Index (up 2.4%), the Russell 2000 Index (up 3.6%), and the Nasdaq Composite Index (up 3.3%). Advanced Transportation Solutions (75.1% of the index) has contributed to the index’s outperformance, rising 2.5%, while Energy Technology (6.7% of the index) was up 6.1% and Industrial Climate and Ag Technology was up 2.0%.</p></li><li><p>Valuation: Based on forward 12-month consensus estimates, the current P/E ratio of the WTR Sustainable index is 24.8x versus 21.0x for the S&amp;P 500.</p></li><li><p>Consensus estimates changes: During the week ended July 14, 2023, there were three increases (two in Advanced Transportation Solutions and one in Industrial Climate and Ag Technology) 2022 revenue estimates. </p></li></ul></div></div></div>

WTR Sustainable Index: During the week ended July 14, 2023, the WTR Sustainable Index performed in line with the broader market, rising 2.6% W/W versus the S&amp;P 500 Index (up 2.4%), the Russell 2000 Index (up 3.6%), and the Nasdaq Composite Index (up 3.3%). Advanced Transportation Solutions (75.1% of the index) has contributed to the index’s outperformance, rising 2.5%, while Energy Technology (6.7% of the index) was up 6.1% and Industrial Climate and Ag Technology was up 2.0%.Valuation: Based on forward 12-month consensus estimates, the current P/E ratio of the WTR Sustainable index is 24.8x versus 21.0x for the S&amp;P 500.Consensus estimates changes: During the week ended July 14, 2023, there were three increases (two in Advanced Transportation Solutions and one in Industrial Climate and Ag Technology) 2022 revenue estimates. 

Industry Report Climatetech & Sustainable Investing