modefinance (innovation factory, area science park)
If you can't read please download the document
DESCRIPTION
modeFinance rating: the right tool to comprehend the financial strengths of New Europe companies.TRANSCRIPT
- 1. modeFinancerating:therighttoolto comprehendthefinancialstrengthsof NewEuropecompanies.Formoreinformationvisit:www.modefinance.com orsendanemailto:[email protected] Trieste,26/09/2008
2. TodayLehmanBrotherscrackAlitaliaParmalatCirio BUT TueSep9,20082:42pmEDT S&PsaiditcannotruleoutcuttingLehman'sratingsbymorethanonenotch.AtwonotchdowngradeNEWYORK(Reuters)wouldcutLehman'scurrentquot;Aquot;rating,thesixthhighestinvestmentgrade,tothequot;tripleBquot;range. Formoreinformationvisit: www.modefinance.com orsendan emailto:[email protected],26/09/2008 3. soweneed New, clear and transparent methods to evaluate the financialriskofcompanies.NewmethodsforRATING assessmentwithnewvisions:1.Clearsourceofinformation; 2.Direct and strong relation between financial figures andfinalrating; 3.Completenessandcomparabilityofdata; 4.Innovativemethodologies.Formoreinformationvisit: www.modefinance.com orsendan emailto:[email protected] Trieste,26/09/2008 4. Oursolution:MOREMultiObjectiveRatingEvaluationOur innovation: observe, study and evaluate a companyasanengineeringsystem,withoutapriori assumptions.Thisinnovationpermitsatransparentevaluationofthe financialandeconomicalqualityofeverycompaniesin Europe.MORE:MultiObjectiveRatingEvaluation,basedonthe more recent technologies in engineering design (DecisionTheories,FuzzyLogic,GameTheories). Formoreinformationvisit: www.modefinance.com orsendan emailto:[email protected] Trieste,26/09/2008 5. TheMOREresultMORERatingClass RatingMacroclassAssessment Thecompany'scapacitytomeetitsfinancialcommitmentsisextremely AAA strong.Thecompanyshowsanexcellenteconomicandfinancialflow andfundequilibrium. Thecompanyhasverystrongcreditworthiness.Italsohasagood AAcapitalstructureandeconomicandfinancialequilibrium.Difference from'AAA'isslight.InvestmentGradeThecompanyhasahighsolvency,Thecompanyishowevermore A susceptibletotheadverseeffectsofchangesincircumstancesand economicconditionsthancompaniesinhigherratedcategories.Capitalstructureandeconomicequilibriumareconsideredadequate. BBB Thecompany'scapacitytomeetitsfinancialcommitmentscouldbe affectedbyseriousunfavourableevents.Acompanyrated'BB'ismorevulnerablethancompaniesrated'BBB'. BBThecompanyfacesmajorongoinguncertaintiesorexposuretoadverse business,financial,oreconomicconditions.Thecompanypresentsvulnerablefinancialsignals.Adversebusiness, Non Investment B financialoreconomicconditionswillbelikelytoimpairthecompany's Grade capacitytomeetitsfinancialcommitments.Acompanyrated'CCC'hasadangerousdisequilibriuminitscapital structureandfinancialfundamentals.Adversemarketeventsor CCC inadequatemanagementarehighlylikelytoaffectthecompany's solvency. Thecompanyshowssignalsofhighvulnerability.Intheeventof CCadversemarketandeconomicconditions,thecompany'sstrong disequilibriumcouldincrease.C DistressedThecompanyshowsconsiderabledangersigns.Thecompany'scapacity tomeetitsfinancialcommitmentsisverylow. Thecompanynolongerhasthecapacitytomeetitsfinancial D commitments.Formoreinformationvisit:www.modefinance.com orsendanemailto:[email protected] Trieste,26/09/2008 6. modeFinance&BureauVanDijkRating for more than 11 millions of companies in 41 European countries:fromPortugaltoUkraine.#ID # ID#ratings #ratings Country companiesCountrCountrycompanies Country assigned assigned evaluated y evaluated 1AUSTRIA 165.311 475.589 2BELARUS 5.091 10.875RUSSIAN3BELGIUM33FEDERATION814.840 2.876.654 359.827 2.589.439 BOSNIA AND 34SERBIA21.498231.4884HERZEGOVI 7.085 35.536 NA35SLOVAKIA10.46033.7345BULGARIA 200.519 965.67036SLOVENIA32.63868.6786CROATIA 21.146164.26837SPAIN971.489 4.793.3057CYPRUS 387 1.338CZECH 38SWEDEN262.847 2.062.7568REPUBLIC93.869301.349 9DENMARK39SWITZERLAND33.912155.843 175.064 716.376 10 ESTONIA40UKRAINE309.125 1.831.926 70.630339.593 UNITED11 FINLAND 82.589538.90941KINGDOM 2.354.818 10.845.504Formoreinformationvisit:www.modefinance.com orsendanemailto:[email protected],26/09/2008 7. modeFinanceCreditReportForeveryEuropeancompanyweproduce a credit report to evaluate the financial risk:ratingandprobabilityofdefault.Formoreinformationvisit:www.modefinance.com orsendanemailto:[email protected] Trieste,26/09/2008 8. modeFinanceadvantages Thanks to its innovative model, modeFinance evaluates every company in Europe: MORE methodology doesnt need the knowledge of bankrupted companies for the rating and the probabilityofdefaultattribution. ThemodeFinanceratingisparticularlyusefulforallthecountries wherefinancialinformationaremissing(EastEurope).Formoreinformationvisit:www.modefinance.com orsendanemailto:[email protected] Trieste,26/09/2008 9. Euroregione Inordertoexplainhowratingcouldbeusefulfor public and private institutions we present a studythatcomparesthreeregions: Slovenia Croatia Triveneto We segregate the companies also according to theirturnover.Formoreinformationvisit: www.modefinance.com orsendan emailto:[email protected] Trieste,26/09/2008 10. Thecompaniesaccordingtoturnovers Formoreinformationvisit: www.modefinance.com orsendan emailto:[email protected] Trieste,26/09/2008 11. TheDistributionofthecompanies ratingsFormoreinformationvisit:www.modefinance.com orsendanemailto:[email protected] Trieste,26/09/2008 12. Whythedifferencesinrating?Formoreinformationvisit:www.modefinance.com orsendanemailto:[email protected] Trieste,26/09/2008 13. modeFinanceExclusivityTheothers... butweprovidemore!LackofknowledgeClearsourceofObjectivity oftheusedinformation:only information AMADEUSdata Directandstrong Noclearrelationbetween Transparency explanationofthe financialfiguresratingassessment andfinalratingRatedonlybig 11millionof Completenesscompanies companiesFormoreinformationvisit: www.modefinance.com orsendan emailto:[email protected],26/09/2008 14. modeFinance ProfessoratMechanicalEngineering,UniversityofTrieste,Italy ProfessoratMechanicalEngineering,UniversityofTrieste,Italy PhDinNumericalMethods. PhDinNumericalMethods. ValentinoPediroda modeFinancecofounder modeFinancecofounderTel:+393346717480Tel:+393346717480email:[email protected]:[email protected] AdvisorforItalianratingagencies AdvisorforItalianratingagencies PhDinCorporateFinance PhDinCorporateFinance MattiaCiprian modeFinancecofounder modeFinancecofounder Tel:+393402948054 Tel:+393402948054 email:[email protected] email:[email protected] MBAinCorporateFinance modeFinanceFinancialAnalyst modeFinanceFinancialAnalyst PinarDilek email:[email protected] email:[email protected] Formoreinformationvisit: www.modefinance.com orsendan emailto:[email protected] Trieste,26/09/2008 15. WhereweareTrieste,Italy:AREAScienceandTechnology Park Theleading ScienceandTechnologyParkinItaly Establishedin1978 Keypoint:onlycompanieswithhighinnovative technologies. modeFinance Headquarter buildingR3,2nd floorc/oInnovation FactoryAREASciencePark,Padriciano99 34012Trieste ITALY Phone1:+393346717480 Phone2:+393402948054 Fax:+390403755176 email:[email protected] Web:www.modefinance.com Formoreinformationvisit: www.modefinance.com orsendan emailto:[email protected] Trieste,26/09/2008