Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

<ul><li>TopBuild Corporation's third-quarter 2024 earnings reflect a strategic navigation through a challenging market environment, showcasing both achievements and areas of concern that potential investors should evaluate carefully.</li><li>TopBuild posted a 3.6% increase in sales, reaching $1.37 billion, demonstrating resilience amidst a slower-than expected housing market and fluctuating mortgage rates.</li><li>The company has successfully leveraged acquisitions and pricing strategies across its Installation and Specialty Distribution segments to drive growth, although the organic volume growth remains modest.</li></ul>

TopBuild Corporation's third-quarter 2024 earnings reflect a strategic navigation through a challenging market environment, showcasing both achievements and areas of concern that potential investors should evaluate carefully.TopBuild posted a 3.6% increase in sales, reaching $1.37 billion, demonstrating resilience amidst a slower-than expected housing market and fluctuating mortgage rates.The company has successfully leveraged acquisitions and pricing strategies across its Installation and Specialty Distribution segments to drive growth, although the organic volume growth remains modest.

TopBuild Corp: 7 Significant Forces That Will Define Its Success in 2025 & Beyond! - Major Drivers

Founder at Stock Spin-off Investing, Stock Spin-Off Investing

Richard Howe

Founder at Stock Spin-off Investing

Stock Spin-Off Investing

Generate attractive returns by taking advantage of inefficiencies in the stock spin-off market.

Stock Spin-offs

Event-Driven

<ul>
<li>
<a href="https://www.smartkarma.com/entities/holcim-ltd-7f60ceaa-51af-4f85-ac5f-114595eb04f3" target="_blank" data-smartkarma-citation="entities:27916" rel="noopener">Holcim (HOLN SW)</a> spun off its construction materials and solutions business into a standalone company on Friday, June 20th.</li>
<li>The new company is called <a href="https://www.smartkarma.com/entities/amrize-ltd" target="_blank" data-smartkarma-citation="entities:45209" rel="noopener">Amrize (AMRZ US)</a>. </li>
<li>The first day of trading will be Monday, June 23, 2025.</li>
</ul>



Holcim (HOLN SW) spun off its construction materials and solutions business into a standalone company on Friday, June 20th.
The new company is called Amrize (AMRZ US). 
The first day of trading will be Monday, June 23, 2025.


<ul><li>TopBuild Corp. delivered a robust performance in the second quarter of 2024, reflective of a solid growth trajectory despite challenges posed by the higher interest rate environment and supply chain constraints.</li><li>The company capitalized on opportunities across its diverse business model, supporting long-term growth despite the headwinds affecting the residential and commercial sectors.</li><li>Baptista Research looks to evaluate the different factors that could influence the company's price in the near future and attempts to carry out an independent valuation of the company using a Discounted Cash Flow (DCF) methodology.</li></ul>

TopBuild Corp. delivered a robust performance in the second quarter of 2024, reflective of a solid growth trajectory despite challenges posed by the higher interest rate environment and supply chain constraints.The company capitalized on opportunities across its diverse business model, supporting long-term growth despite the headwinds affecting the residential and commercial sectors.Baptista Research looks to evaluate the different factors that could influence the company's price in the near future and attempts to carry out an independent valuation of the company using a Discounted Cash Flow (DCF) methodology.

TopBuild Corp.: How Are They Driving Profitability through Operational Efficiency? - Major Drivers

<ul><li>TopBuild, a leader in insulation installation and services, reported a solid start to fiscal year 2024, reflecting a consistent business model and strategic execution.</li><li>The company's first quarter results demonstrated moderate revenue growth and significant profitability enhancements.</li><li>Despite a terminated transaction with SPI and an evolving competitive landscape, TopBuild continues to focus on disciplined capital allocation and robust acquisition strategies to drive shareholder value.</li></ul>

TopBuild, a leader in insulation installation and services, reported a solid start to fiscal year 2024, reflecting a consistent business model and strategic execution.The company's first quarter results demonstrated moderate revenue growth and significant profitability enhancements.Despite a terminated transaction with SPI and an evolving competitive landscape, TopBuild continues to focus on disciplined capital allocation and robust acquisition strategies to drive shareholder value.

TopBuild Corp.: How They Are Expanding Through Strategic Acquisitions In A Fragmented Market! - Major Drivers

External reports (aggregated public sources), Value Investors Club

Value Investors Club (VIC)

External reports (aggregated public sources)

Value Investors Club

<ul><li>BLD offers comprehensive services for roofing, including material selection, expert installation, and post-installation service.</li><li>They are known for their focus on high-quality materials, professional installation, and exceptional customer service.</li><li>BLD has established itself as a leader in the industry, serving both residential and commercial markets with a commitment to meeting the evolving needs of the construction industry.</li></ul><p><em>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.</em></p>

BLD offers comprehensive services for roofing, including material selection, expert installation, and post-installation service.They are known for their focus on high-quality materials, professional installation, and exceptional customer service.BLD has established itself as a leader in the industry, serving both residential and commercial markets with a commitment to meeting the evolving needs of the construction industry.This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

Topbuild Corp (BLD) - Thursday, Dec 21, 2023

United States

TopBuild Corp. provides insulation installation services. The Company offers residential insulation products and related accessories. TopBuild serves customers in the United States.

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Topbuild Corp (BLD US)

TopBuild Corp: 7 Significant Forces That Will Define Its Success in 2025 & Beyond! - Major Drivers

TopBuild Corporation's third-quarter 2024 earnings reflect a strategic navigation through a challenging market environment, showcasing both...

Baptista Research

Weekly Update (AMRZ, LION, FTV)

The AMRZ spin-off aims to capitalize on the higher valuation multiples of US building supply companies compared to their European counterparts.

Richard Howe

TopBuild Corp.: How Are They Driving Profitability through Operational Efficiency? - Major Drivers

TopBuild Corp. delivered a robust performance in the second quarter of 2024, reflective of a solid growth trajectory despite challenges posed by...

Baptista Research

TopBuild Corp.: How They Are Expanding Through Strategic Acquisitions In A Fragmented Market! - Major Drivers

TopBuild, a leader in insulation installation and services, reported a solid start to fiscal year 2024, reflecting a consistent business model and...

Baptista Research

Topbuild Corp (BLD) - Thursday, Dec 21, 2023

BLD has established itself as a leader in the industry, serving both residential and commercial markets with a commitment to meeting the evolving...

Value Investors Club (VIC)

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