Equity Research Challenge

Our Company Valuation Competition

This page displays details from last year's competition. Stay tuned for updates on this year's event!

The Equity Research Challenge, FEP Finance Club’s yearly competition, is a unique opportunity for participants to develop their knowledge in Business Valuation and Equity Research whilst challenging themselves.

This year you will be tasked with developing an Equity Research Report and Presentation on a company of your choice from the processing chip Industry (Ex: Nvidia, Intel, ASML, Qualcomm, Samsung, Texas Instruments, Broadcom, etc…).

This competition is sponsored by Deloitte and the 1st prize is 2 Summer Internships in the Financial Advisory Department at Deloitte Porto offices.

Requirements:

• Teams must be between 2 and 4 members.

• The report is limited to a maximum of 10 pages for the main content + 10 pages for annexes.

• All contents must be original and produced in English

• All contents (Report, Excel Spreadsheet and PowerPoint Presentation), must be submitted in the announced deadlines.

Apply Now!

Assessment

The Equity Research Report is the first component of this challenge, with its weight on the final score being 50%. The Presentation is the second component of this challenge with a weight of 50% on the final score. Depending on the number of teams enrolled in the competition, there may be a selection process for the second part of the competition, which will occur between the 29th of April and the 12th of May. Only the teams with the best reports will be chosen for the second part of the competition.

Written Report

50%

Presentation + Q&A

50%

Team with highest score wins!

Both these components will be evaluated by a panel of 5 Juries incluiding Professor Jorge Farinha (Master in Finance Director), Professor Miguel Sousa (CFA Institute Research Challenge Faculty Advisor), 2 professionals from the Financial Advisory Department of Deloitte and a CFA Charterholder from the CFA Institute.

Professor
Jorge Farinha

MiF Director at FEP

Professor
Miguel Sousa

Advisor CFA Challenge

2 professionals from Deloitte

1 CFA Institute member

Preparation Sessions

Alongside this competition there will be 4 preparation sessions to help you make a better Equity Research Report and Presentation and enhance your Learning Expericence.

Competitive Advantages - by CFA Society Portugal

5th of April (online session)

Given by CFA Society Portugal, this workshop will allow you to pinpoint the specificities of your company’s business model that make it a differentiating (or not) business relative to its peers. These competitive advantages will prove to be of great importance when assessing the real value of the business you will be delving deeper into, contributing to the building up of the story that the business you are focusing on tells for its future.
This qualitative step is of utmost importance in a business valuation, being a critical stepping stone in providing the best financial insights into the company you are analysing.
Join in to ear a distinguished CFA professional on this matter.

How to write an Equity Research Report - by CFA Society Portugal

5th of April (online session)

This session is designed to help all participants to better understand the challenge by presenting a practical example of a valuation.

Valuation Methods - by Paulo Silva, Associate at IR Capital by Inter-Risco Private Equity

9th of April (in-person session)

Join Paulo Silva, Associate at IR Capital by Inter-Risco Private Equity, for a session on valuation methods. Gain practical insights and learn how to assess the worth of assets, companies, or investments effectively. Through real-world examples, discover valuable skills to enhance your understanding of valuation practices and make informed investment decisions. Don’t miss this opportunity to learn from Paulo’s expertise and elevate your proficiency in valuation methods.

Public Speaking - by Deloitte

15th of May (in-person session)

Join Deloitte for an insightful session designed to equip participants with indispensable tips for delivering impactful report presentations. Hosted in person at FEP, this session also serves as a networking opportunity for participants who reached the final stage of the competition to engage directly with Deloitte’s HR and Financial Advisory professionals. Don’t miss this chance to hone your skills and broaden your professional network with Deloitte’s industry experts.