Read more about our Score Process.
Cyceon’s raw data mainly comes from Companies’ Annual Reports and official institutions like SEC’s EDGAR.
Cyceon adds comments at the end of each page when it deems it necessary.
Figures are in U.S. Dollars (USD) million (mil.) except when “per share” or when specified otherwise.
“Score“, Moat and Cust. Base (Customer Base) are information produced by Cyceon and therefore can be more subjective than plain financials.
ROA, ROE and ROIC are simple averages, meaning that if the ROIC 5Y shows 15,75%, then the ROIC has been 15,75% in average each year over the past 5 years.
ROIC may differ from other sources, our average focuses on Net Earnings to Total Equity and Total Debt, however the latter is often difficult to assess accurately.
If Research and Development (R&D) figures aren’t clearly mentioned in company’s reports, we often count it as between 1/3-1/5 of all costs input from administration and research according to sector-specific considerations.
“NA” means non-applicable or non-existent, for instance when a company distributes no dividend, the DGR 5Y is NA.
“–” means the information is not available or impossible to process due to other information, for instance a negative Book Value per Share (BVPS).
About Energy Companies: be well aware that some companies which have been scored high – above 30 like Gazprom Neft (MCX:SIBN) – often do have a large state participation, consequently their good fundamentals must be balanced with the lack of control by private and non-state institutional or individual shareholders.