capital iq & other resources - queen's...
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Capital IQ & Other Resources March 31, 2015
Disclaimer
The analyses and conclusions of Queen’s Capital contained herein are based on publicly available information. The analyses provided may include certain statements, estimates and projections prepared with respect to, among other things, the historical and anticipated operating performance of the companies, access to capital markets and the values of assets and liabilities. Such statements, estimates, and projections reflect various assumptions by Queen’s Capital concerning anticipated results that are inherently subject to significant economic, competitive, and other uncertainties and contingencies and have been included solely for illustrative purposes. Actual results may vary materially from the estimates and projected results contained herein. Queen’s Capital assumes no responsibility or liability for any error, inaccuracy, or omission contained that may be made of such information by the viewer. No information herein may be replicated without prior consent by the Executive Board of Queen’s Capital.
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Table of Contents
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Content Slide
Table of Contents 3
Finding A Company 4
Key Stats 5-6
CIQ Estimates 7
Quick Comps 8-9
Screening Tools 10-13
Qualitative Research 14-15
Finding a Company
Ticker Symbol Important Tabs
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• Enter the ticker symbol of your company to find all key stats for them • The bar at the left contains all the informational tabs • Really important ones include…
Most Used • Key stats • CIQ Estimates • Quick Comps
Finding a Company Key Stats CIQ Estimates Quick Comps Screening Tools Qualitative Research
Key Stats
Important Tabs
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• Click these tabs for a comprehensive income statement, balance sheet, etc.
• For certain companies (i.e. Oil and Gas), there would be an industry specific tab – use this tab to find information pertinent to that industry
Finding a Company Key Stats CIQ Estimates Quick Comps Screening Tools Qualitative Research
Key Stats
Latest Capitalization Download Financials, 10K, 10Q
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• Use the Latest Capitalization (found if you scroll down) for all enterprise value calculations as well as up to date company stock price/shares outstanding
• Download all of the financials into an excel document to manipulate figures (i.e. to create comps, DCFs, etc.)
• Download the latest 10-K and 10-Q reports (annual report and quarterly report)
Quick Comps Screening Tools Qualitative Research Finding a Company Key Stats CIQ Estimates
CIQ Estimates
Estimates
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• CIQ Estimates give you estimates from the experts at Capital IQ as well as from analysts who are covering the company
• Aggregate analyst estimates • When screening for companies
to pitch across industries, a tip is to first check what the opinions of actual wall street analysts
Finding a Company Key Stats CIQ Estimates Quick Comps Screening Tools Qualitative Research
Quick Comps
Building a Comps Table
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• Your company appears in the way bottom. Furthermore, underneath it includes the comparables average, median, etc.
• You can Add new columns or edit existing columns to customize your comps table to what you want. Once you’re done that, you can simply download the comps into an excel doc
• A lot of information between these tabs for each of the companies
• Add or remove existing companies from the comp set
Key Stats CIQ Estimates Screening Tools Qualitative Research Finding a Company Quick Comps
Add/Edit Display Columns
Search for Items, etc.
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• Delete existing display items or reorder them
• There is a search bar where you can search for display items to add
• There are a bunch of data points that you can choose from, including industry specific ones (if you scroll down)
• Add display items
Finding a Company Key Stats CIQ Estimates Quick Comps Screening Tools Qualitative Research
Screening Tool
Quick Screening
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• Quick screening is useful to quickly find a range of companies within the specified criteria
• This tool has less capabilities compared to the
“Companies” screening tool
Key Stats CIQ Estimates Quick Comps Qualitative Research Finding a Company Screening Tools
Screening Tool – Companies Screener
Company Screening
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• “Companies” screening is much more powerful • Very detailed specifics on relevant (and
sometimes irrelevant) information
Key Stats CIQ Estimates Quick Comps Qualitative Research Finding a Company Screening Tools
Company Details
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• Useful to start out with this initial screener to get a sense of the company’s location, products, sector, industry etc…
Screening Tool – Companies Screener
• This is a good tool to use if you are trying to find companies specific on certain exchanges e.g. TSX or NYSE
Finding a Company Key Stats CIQ Estimates Quick Comps Screening Tools Qualitative Research
IBIS World
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Qualitative Research
• Another excellent source to find points for the qualitative aspects of a stock pitch
• E.g. Key Drivers, Related Industries, Suppliers, Major Players and Catalysts
Finding a Company Key Stats CIQ Estimates Quick Comps Screening Tools Qualitative Research
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IBIS World – Food Example
Qualitative Research
Finding a Company Key Stats CIQ Estimates Quick Comps Screening Tools Qualitative Research