Under-covered ASX companies
Companies with a substantive investment case but limited research coverage outside a narrow broker, sector or domestic investor audience.
Evermore Research
Evermore Research is considering a dedicated issuer-sponsored research service for selected ASX-listed companies.
The proposed service would be designed for companies seeking clearer, more detailed research coverage for family offices, wholesale investors and professional investors in Australia and the United States.
Considering launch
ASX-listed companies
Evermore is assessing demand for an ASX issuer-sponsored research service focused on detailed company analysis, business quality, valuation context, key risks and the investment question facing professional investors.
Any issuer-sponsored research would be clearly disclosed. The issuer may review drafts for factual accuracy, but Evermore Research would retain responsibility for its analysis, forecasts, valuation and conclusions.
Potential fit
Companies with a substantive investment case but limited research coverage outside a narrow broker, sector or domestic investor audience.
Research may be suitable where a company’s strategy, cash flows, capital allocation or market position are relevant to family offices and professional investors.
Coverage would aim to explain the business model, competitive position, financial profile, valuation context, catalysts and principal risks.
Issuer-sponsored research does not guarantee investor interest, liquidity, valuation uplift, capital-raising success or share-price performance.
Process
How it would work
If launched, each engagement would follow a disciplined research process designed to produce credible, useful coverage for professional investors.
Evermore Research assesses the company, investor relevance, existing coverage and suitability for issuer-sponsored research.
The issuer commissions the research under a fixed-fee arrangement agreed before work begins.
Evermore undertakes detailed financial, industry, competitive and valuation analysis.
The issuer may review the draft for factual accuracy but does not control Evermore Research's analysis, valuation, forecasts or conclusions.
Completed research would be published by Evermore Research and shared with relevant family offices, wholesale and professional investors, subject to applicable requirements.
Disclosure
Research integrity
Issuer-sponsored research is commissioned and paid for by the company that is the subject of the report. Any future ASX issuer-sponsored research would include appropriate payment and conflict disclosures and should not be described as independent research.
Register interest
If your company is ASX-listed and you would like to discuss whether future issuer-sponsored research coverage may be appropriate, contact Evermore Research.