New Constructs leverages more reliable fundamental data, as proven in The Journal of Financial Economics, to generate a new source of alpha. We provide investors unconflicted insights into the fundamentals and valuation of listed and pre-IPO firms. We shine a light in the dark corners of corporate financial filings by combining human expertise with cutting-edge machine learning (featured by Harvard Business School). New Constructs offers independent and comprehensive equity and credit investment ratings, valuation models, and research tools.
3Q22 Earnings: Where Street Estimates Are Too Low & Who Could Beat
Street Earnings Understated For 27% Of S&P 500 In 2Q22
S&P 500 & Sectors: Free Cash Flow Yield Posts Quarterly Decline In 2Q22
S&P 500 & Sectors: ROIC Climbs Higher Again in 2Q22
S&P 500 & Sectors: GAAP Earnings Fall Back to Reality in 2Q22
S&P 500 & Sectors: ROIC Hits New Peak, but Can It Last?
Trailing-twelve-month (TTM) return on invested capital (ROIC) spiked to a new high for the S&P 500 in 1Q22. All eleven S&P 500 sectors saw a year-over-year (YoY) improvement in ROIC as well. ...more
Hidden Items Suppress True Profitability & More From the Real Earnings Season
This week’s Filing Season Finds report highlights some of the most interesting footnote disclosures in the 432 10-Ks and 10-Qs our Robo-Analyst analyzed last week. ...more