Genpact’s global research services support onshore analysts in all activities from coverage identification, initiating coverage, regular tracking, spotlight updates, model and valuation updates to special reports and industry theme analysis. We produce fundamental research and analysis on industries, companies and economies. Our research, on an on-going basis, identifies and analyzes financial information, strategic issues and trends that affect companies, industries and markets. Genpact has experience in preparing company and industry research reports, creating valuation models and providing earnings and valuation estimates based on quarterly earnings releases.
Equity & Fixed Income Research: Dedicated analysts provide complete equity and debt research support including all stages from initiating coverage, sector and company tracking, to custom reports covering special events and themes.
Economics Offering: Genpact’s economics service provides macro economic indicators for various geographies. The research produced is used by both the buy side and sell side of the business. We provide support by preparing chart-books that track macro economic indicators. In addition, we provide Asia business updates used by clients to enhance their global view.
Genpact leverages its pool of highly qualified and experienced analysts to execute all major technical deliverables that form part of global research. This allows the client to concentrate their efforts on front end activities and marketing strategy.
Initiating Coverage: Coverage identification is the first step in the research process. Initiating coverage reports are prepared when analysts have identified a set of companies pertaining to a specific sector. These are detailed reports which include business and industry analysis, investment thesis, market performance of financial instruments used by the company and valuation of the company.
Financial Modeling & Valuation: Analysts create and maintain models to track financial performance and complete the valuation of the companies. An exhaustive financial model is prepared at the time of initiating coverage which includes financial projections and valuation techniques like Discounted Cash Flow (DCF), sum-of-the parts (SOTP) and comparable valuation. Analysts also prepare consensus models to measure variation among actual and projected numbers. These models are maintained quarterly to capture any significant new activity like mergers and acquisitions and divestures, which can impact a company’s financials and projections.
Fixed Income Analysis: For carrying out fixed income research, analysts prepare a number of niche outputs such as covenant analysis and relative value sheets. These specifically focus on parameters associated with fixed income securities including ratings, duration, spreads analysis, etc.
Tear Sheets and Research Notes: These are short summary reports on a company’s operational and financial performance. These reports generally provide information on various aspects of the company including positive and negatives about the company, business and segment information, market performance and earnings estimates.
Regular Support & Maintenance: Analysts publish reports (Earnings Release Notes) on company’s quarterly earnings performance and manage industry and economic databases to keep their performance matrix updated. Regular maintenance also involves daily tracking of news related to the industry, company as well as summary reports.
Special Situations and Events: Analysts prepare reports and updates on all events, announcements and activities which have a material effect on the covered sectors and the underlying companies. These typically include updates like merger and acquisition activity and regulatory changes as well as their expected impact on the industry or company. Analysts also prepare periodic reports to reflect industry and economic trends.