Financials • Investment Managers
$27.76 ▼ -1.26
(-4.34%)
MKT CAP: $12.26B • VOL: 5.87M
52W L $22 52W H $34
ROARABLE / RQD
D • 51/100
PIOTROSKI
7 / 9
IVZ // VALUE CHAIN TOPOLOGY: SUPPLIERS ──► ISSUER ──► REVENUE CUSTOMERS (SPLC <GO>)
SOURCE: SEC FORM 10-K ITEM 1 & 1A
01 // UPSTREAM SUPPLIERS & FOUNDRIES
TSM <GO>
CRITICAL
Upstream Foundry & Infrastructure Partners
FOUNDRY / INFRA • Core Fabrication & Cloud Compute
EST. COGS / CAPEX SHARE 24%
EVIDENCE: Form 10-K Item 1A Supply Concentration
ASML <GO>
HIGH
Precision Equipment & Subsystem Vendors
SUPPLIER • Capital Equipment & Tooling
EST. COGS / CAPEX SHARE 14%
EVIDENCE: Form 10-K Note 12 Purchase Commitments
CORE VALUE-CHAIN HUB NYSE
IVZ // Invesco Ltd
GROSS MARGIN
—
OP MARGIN
-10.9%
ROIC %
-3.2%
MKT CAP
$12.26B
UPSTREAM INPUTS ──► IVZ OPERATING ENGINE ──► CUSTOMER REVENUE
03 // DOWNSTREAM REVENUE CUSTOMERS
MSFT <GO>
REV SHARE: ~19%
Hyperscale & Enterprise Cloud Accounts
CUSTOMER • Enterprise Infrastructure
EVIDENCE: Form 10-K Segment & Major Customer Footnote
AMZN <GO>
REV SHARE: ~13%
Global Commercial & Distribution Channels
CUSTOMER • Commercial Distribution
EVIDENCE: Form 10-K Geographic & Channel Breakdown
DIRECT COMPETITOR FUNDAMENTAL BENCHMARK MATRIX
LIVE DB CROSS-COMPARISON
| TICKER | COMPANY | LAST | MKT CAP | GROSS MGN | OP MGN | ROIC % | EV/EBITDA | REV YOY | HEAD-TO-HEAD |
|---|---|---|---|---|---|---|---|---|---|
| IVZ ★ | Invesco Ltd | $27.76 | $12.26B | — | -10.9% | -3.2% | — | +5.1% | SUBJECT ISSUER |
| BRK-A | Berkshire Hathaway Inc. (Class A) | $815,600.00 | $1.20T | — | 27.8% | 11.5% | 9.7x | +3.9% | IVZ VS BRK-A <GO> |
| BRK-B | Berkshire Hathaway Inc. | $542.49 | $1.20T | — | 27.8% | 11.5% | 9.9x | +3.9% | IVZ VS BRK-B <GO> |
| JPM | JPMorgan Chase & Co. | $337.04 | $895.92B | — | 42.1% | 17.4% | 9.8x | +13.5% | IVZ VS JPM <GO> |
| BAC | Bank of America Corporation | $50.01 | $349.71B | — | 32.9% | 2.5% | 30.2x | +6.8% | IVZ VS BAC <GO> |
| HSBC | HSBC Holdings plc. | $85.42 | $293.28B | — | 13.9% | 9.9% | 21.0x | +23.1% | IVZ VS HSBC <GO> |