Keep pace with the market alphawork continuously evaluates incoming information against your theses and screens, works through what matters and keeps the underlying analysis current.
1 event added
Sep-02 Sonora Co CFO to speak at conference Sep-10 Event added
Aug-01 Monterrey Co cut price by 10% Update to review
FY27F subscribers 22.2m 21.4m, revenue growth 8% 5%
1 perspective added 1 context · 1 perspective added
Jul-28 Sonora Co announces local sports sponsorship Not material
Jul-17 Sonora Co names new SVP marketing Context added
Jul-15 Goldman Sachs: Customers pay up for network quality Perspective added
Jul-14 Q2 earnings Update accepted
FY27F subscribers 21.6m 22.2m, revenue growth 7% 8%
Every development assessed through your lens (4.0%) · Monterrey’s price cut puts Sonora’s premium growth thesis at risk
How is this relevant? 8% revenue growth at risk Price difference 20% 33%
What were the expectations? No analyst modeled the event. Shares −10%, imply a surprise.
What are the scenarios? Plan price 0% −5% −10% Subs −4% −2% 0% Rev growth 5% 2% −2%
What does it mean for returns? Plan price 0% −5% −10% Valuation ($) 56 51 44 Return +12% +2% −12%
Implications traced across your coverage Business relationships Monterrey Co cut price by 10%
Sonora Co (4.0%) Competitor
FY27F growth 8% 5%
Macro exposures Oil price up 15%
Calder Chemicals (3.2%)
Unhedged, margin −1.5pp at current level
Northwind Airlines
Hedged, limited long-term impact
Industry themes AI infrastructure capex
Cascade Networks (2.5%)
Data centers are 35% of revenue
Kestrel Power (2.2%)
20% of contracted demand
Models that follow through in detail alphawork carries new evidence through detailed operating drivers, forecasts and comparable valuations behind your investments.
Calder Chemicals Revenue Costs P&L Comps Valuation
$M FY25A FY26F FY27F
Base chemicals
Polymers
Specialty chemicals
Total revenue
Growth
FY27F ($M) Previous Updated Base chemicals 1,800 1,908 Polymers 1,350 1,404 Specialty chemicals 850 850
Calder Chemicals Revenue Costs P&L Comps Valuation
FY27F Price ($) EV / EBIT P/E Leverage
Calder Chemicals 14.20 10.3x 12.0x 2.1x
Holt Chemicals 31.60 9.2x 11.4x 1.6x
Ridge Polymers 18.75 11.0x 13.8x 2.4x
Peer median – 10.1x 12.6x 2.0x
Sources
Calder Chemicals Your forecast Updated Oct-28 Holt Chemicals Consensus Updated Oct-30 Ridge Polymers Consensus Updated Nov-05
New opportunities drafted as they emerge alphawork runs your screens as information emerges, performs the initial research and brings the relevant opportunities forward.
Screens triggered
Screen Profitability improvement
Ostrel Dental : growing patients, high staff costsCiti · Aug-22
Screen M&A events
Larks Logistics exploring a potential saleCNBC · Aug-21
Ostrel Dental Drafted
Fundamentals
Dental clinic network, 240 practices, recently listed. 12% EBIT margin vs 19% for Marbury Dental. Opportunity
Centralize scheduling and buying to close margin gap.