Equity Market Monitor
Methodologies 




QMS Advisors brings a complete suite of quantitative and qualitative equity selection tools with associated analyzes to invest confidently.


EQUITY SELECTION

QMS Advisors' approach to stock selection is based on sound economic theory and empirical research. It follows a stringent three steps process that allows our clients to make well researched investment decisions. 

Company Fundamental Analysis 
To assess a firm's sustainability and prospects, the company’s operative business and financial strength are first analysed. In this process, key figures on profitability, financial structure and cash flow generation are calculated using standard and in-house models. In addition, competitive advantages and business model quality are evaluated. A sustainability analysis based on advanced quantitative models assesses the company’s historic and prospective developments.

Company Valuation Analysis
To determine a firm's value, multiple financial evaluation models such as the DCF, economic profit, dividend discount, residual income, and P/E model are applied. Where necessary, these are supplemented with additional valuation approaches such as the sum-of-the-parts method. This diversity enables us to carry out a broad and deep evaluation of each firm.
 
Management & Corporate Governance 
Over and above the classical fundamental analysis, a detailed evaluation of management quality and shareholder value orientation is undertaken using an in-house corporate government analysis process. This includes a qualitative and quantitative evaluation of the firm’s management, transparency, control mechanisms and shareholder value creation.
 
QMS Advisors utilizes advanced quantitative techniques and thorough qualitative analysis to identify and unlock multiple sources of value in the equity space.
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Standard & Poor’s Equity Research Methodology - Bottom Up Company Fundamental and Valuation Analysis  593k v. 9 Nov 24, 2013, 2:58 AM QMS Advisors
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Analyst Recommendations - Nasdaq 100 (USA) - Q4 2013   5240k v. 3 Nov 24, 2013, 2:56 AM QMS Advisors
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