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The Research

ESN uses a standard approach in its Financial Activities

A standard approach among the Members in the financial analysis activities by way of:

  • A single database.
  • A single “Guide Definition” (Data, Ratios, Methodology and Valuations).
  • A single “Recommendation System” (Buy, Accumulate, Hold, Reduce, Sell).
  • A common “Code of Ethics” adopted by all of ESN’s analysts.

All of ESN’s research can be found on Bloomberg (“ESNR” <GO>) and on the other main distribution platforms (Thomson Reuters, FactSet, Capital IQ).

The “Research” product (written financial analysis reports)

The research product = ESN Research + local research by Members

ESN Research

    • Analyser (Morning notes of ESN)
    • Stock Picking (Daily Focus + Top Picks selections)
    • Sector Research
    • Macro and Strategy Research
    • Stock Guide (Blue Chips – Mid & Small Caps)

Local research by Members

    • Company reports
    • Local morning notes
    • Macro, Strategy Research
    • Local sector research
    • Local Stock Picking products

 

Main markets covered

Country Member % of Covered Country
Mkt. Cap
GREECE IBG 93%
PORTUGAL Caixa BI 93%
FINLAND OP Corporate Bank 93%
ITALY Banca Akros 91%
SPAIN Beka Finance 87%
NETHERLANDS NIBC Markets 69%
FRANCE CM-CIC Market Solutions 66%
GERMANY equinet Bank 49%
     
Average   80%
Median   89%

 

 Main sectors covered

Sectors N° cies
N° analysts
Aerospace & Defense 10 4
Airlines 3 3
Automobiles & Parts 20 6
Banks 37 9
Basic Resources 17 7
Biotechnology 4 1
Chemicals 4 4
ELectronic & Electrical Equipment 14 8
Financial Services 26 13
Food & Beverage 29 8
Food & Drug Retailers 10 7
General Industrials 15 14
General Retailers 12 9
Healthcare 15 5
Hotel, Travel & Tourism 16 9
Household Goods 6 4
Industrial Engineering 33 11
Industrial Transportation 6 4
Insurance 14 6
Materials, Construction & Infrastructure 44 12
Media 35 9
Oil & Gas Producers 11 6
Oil Services 10 4
Personal Goods 23 7
Real Estate 12 5
Renewable Energy 2 2
Software & Computer Services 38 13
Support Services 10 9
Technology Hardware & Equipment 12 5
Telecommunications 16 8
Utilities 21 9
     

 

 

Site Map

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    Balance Sheets and Statements

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