Fortis Obam N V International Competitive

The goal of this report is to aid managers in gauging a company’s financial performance vis–vis firms competing in the same sector, at the international level. In particular, this report covers FORTIS OBAM N.V., NL-1017 CG AMSTERDAM, NETHERLANDS.

With the globalization of markets, dandier alien competition, and the reduction of entry barriers, it becomes all the more necessary to benchmark a company’s performance versus other firms on a global basis. Doing so, however, is not an apparent task. First, one needs to find firms competing in the same sector. Second, one needs to control for interchange rate volatility. Finally, one needs use comparable financial standards. This report overcomes these issues and gives full financial benchmarks vis–vis global contenders who are present in the same narrow industrial classification. Benchmarks cover assets, liabilities, income and ratios. Since our reports are printed on demand, the figures available are for the latest quarter and are the most up to date available (4 reports are produced each year).

From the PublisherFor over 20,000 companies, Icon Group International uses a proprietary methodology to generate global benchmarks and measure gaps that might be revealed from such an exercise. First, for a given company Icon Group searches all over over 26,000 firms for others fabricating similar products, providing similar services, or are in the same stage of the value chain for a peculiar industrial classification. We then gather the financials for each of these firms and standardize these into comparable categories (assets, liabilities, income and ratios). From there, we eliminate all currency effects by standardizing within each category and country. All benchmarks are modified quarterly.

From the AuthorIcon Group publishes a number of other benchmarks for firms in related product areas, including: — ABERDEEN ASSET MANAGEMENT PLC — ABN AMRO ALL IN FUND NV — AFFILIATED MANAGERS GROUP, INC. — AGF MANAGEMENT LTD. — ALPHA INVESTMENTS AE — ALPINVEST HOLDING NV — AMVESCAP PLC — ANNALY MORTGAGE MANAGEMENT, INC. — ARAB MALAYSIAN CORP. BERHAD — BGR PRECIOUS METALS INC. — BREWIN DOLPHIN HOLDINGS PLC — C.I. FUND MANAGEMENT INC. — COMPANIA DE INVERSIONES LUZ S.A. — DUNDEE BANCORP INC. — FIDELITY SPECIAL VALUES PLC — FORINTER — FORTIS OBAM N.V. — FRIENDS IVORY & SIME PLC — HELLENIC INVESTMENT SA — HENDERSON PLC — INVESTMENT DEVELOPMENT FUND — IONIAN INVESTMENT SA — MACKENZIE FINANCIAL CORP. — NATIONAL INVESTMENT CO — OVERSEAS UNION SECURITIES LTD. — PARGESA HOLDING SA — PIONEER GROUP, INC. (THE) — PIRAEUS INVESTMENTS SA — RATHBONE BROTHERS PLC — ROBECO N.V. — ROLINCO NV — RORENTO NV — TRIMARK FINANCIAL CORP.

Excerpt. © Reprinted by permission. All rights reserved.Though we to a considerable degree rely on historical performance, the figures reported in this report are not historical but are forecasts and projections for the coming fiscal year. The forecasts are modified quarterly. This peculiar report was altered in the last quarter. In order to maintain comparability over time and all over companies and countries, we use an index system. In the case of a firm’s assets, we treat the total pluses as equaling 100, disregarding of the value of the local currency. All other sum totals are then calculated as a percent from total assets. In this way, the structure of the firm’s sum totals may be effortlessly interpreted and equated with international benchmarks. For liabilities, total indebtednesses and equity are indexed to equivalent to 100. For the income statement, total revenue is indexed to equivalent 100, and all other figures are calculated as a percent of these figures. Ratios are projected using raw financial stats and, as ratios, are accordingly comparable. The source(s) for the respective raw stats include public filings, corporate releases, and respective other data sources.

Given a company’s financial structure, the resulting figures are benchmarked all over “leading competitors”. In choosing the leading competitors, Icon Group chooses only those firms with sound financial situations or those not undergoing radical restructuring, or where random volatility, mergers, or bankruptcy affects financial performance.

Since the calculation of competitors’ benchmarks proceeds in a similar fashion, but are aggregated all over all competitors, one may directly conduct a financial gap analysis. Here, Icon Group graphically reports, for each portion of the financial statement, the more prominent gaps that the firm has vis-à-vis the leading competitors. A gap need not be a bad sign. Rather, it is plainly a substantial divergence that might merit further attention or signal a firm’s relative strength or weakness for the coming fiscal year. Again, all figures are projections, so due caution is required.