Rating
Our
rating
process
is
completely
transparent,
reliable,
customer
friendly
and
in
due
form
and
time.
To
gain
a
credible
opinion,
the
rating
process
typically
starts
with
an
in
depth
analysis
of
quantitative,
qualitative
and
legal
aspects
of
the
company
under
investigation,
followed
by
onsite
visits,
intensive
discussions
and
feedback
rounds
in
the
back
office
and
at
the
rating
committee.
Finally
the
results
are
documented
in
a
detailed
rating
report
and
presented
to
the
company
under investigation (or to the investors) at an onsite presentation given by the analytical team. The rating process itself typically follows the diagram below:
A
clear
understanding
where
a
company’s
power
lies
helps
the
enterprise
to
take
fair
advantage
of
a
situation
of
strength,
improve
a
situation
of
weakness
and
avoids
taking
wrong
decisions.
To
understand
this
power
and
to
ensure
that
all
issues
are
considered
in
an
industry
specific
way,
the
analysis
is
divided
into
five
categories:
•
Financial analysis of the company (thorough review of the business fundamentals, the audited
annual financial statements of the last three to five years, company’s economic strength, ...).
•
Market and Competition (company’s competitiveness within its industry, industry prospects for
growth, ...).
•
Legal due diligence performed by collaborating attorneys (relevant legal documents, regulatory
actions, ....).
•
Technological due diligence (vulnerability to technological changes, freedom to operate, ...).
•
Other factors (management team, personnel strength, …).
Members
of
the
rating
/
evaluation
team
meet
with
the
management
team
of
the
company
under
review
to
discuss
in
detail
all
key
factors
that
may
influence
the
company’s
future
prospects.
These
meetings
are
essential to develop and refine the qualitative assessments.
•
Review in detail the firm's operating and financial plans.
•
Management’s role in determining operational success and policies.
•
Company’s specific information and business strategies.
•
Examination of operations and products.
Results
from
the
above
quantitative
and
qualitative
analyses
are
reassessed
and
once
more
the
value
drivers
are
critically
examined.
Plans
will
be
judged
for
their
plausibility
and
the
management
team
for
their
capacity
of
implementation.
Periodic
phone
conferences
with
the
client
company
are
typical
during
this
phase
of
the
rating
process
to
discuss
open
questions
and
ongoing
developments.
The
result
is
presented
to
a rating committee which finally decides upon the rating result or the company’s value.
Finally,
the
rating
result
is
presented
and
discussed
with
the
client
company.
Thus,
our
clients
do
not
just
get
a
“school
grade”
or
a
“price
tag”,
they
get
an
in
depth
analysis
and
a
better
understanding
of
their
company,
its
strengths
and
weaknesses
and
its
competitive
position.
All
this
is
summed
up
in
a
rating
report
that
describes
the
company’s
business
risk
profile.
The
company's
shareholders
will
become
aware
of
the
key
factors
that
will
drive
the
company’s
present
creditworthiness
and
its
future
success.
As
a
result,
they
will
not
only
get
a
profound
understanding
of
the
company's
strengths
and
weaknesses
but
also
an
objective
judgment of their investment.
For company ratings, SciXess
®
closely collaborates with the
renowned rating agency R@S
(Munich, Germany).
SciXessful Rating
Consulting
Licensing
Rating
Benefit from our
extensive experience!
Independently, whether we perform a technology or a company rating, we strongly believe that this
complex process, consitsting of an in-depth qualitative and a quantitative analysis, ultimatively depends
on the experience and the diligence of the conducting agency. Thus, we strictly follow the strong IOSCO
principles to provide you an independent, objective, credible and transparent rating result.
© sciXess
®
2002-2023
