Independent Research ProviderSpin Off, Carve Out, Stub, and Tracking Stock

Spin-Off Research

Spin-Off Research is a subscription-based independent research service focused on evaluating Spin-Off situations. Our goal is to provide as much accurate, in-depth information as possible to our clients ensuring they make an informed investment decision. The research is presented in our publication, Spin-Off Research, a monthly advisory report, featuring continuous research on public Spin-Offs. Reports include detailed analysis of fresh and recently announced Spin-Offs, a global Spin-Off calendar, and company updates.

An annual subscription includes our monthly publication, Spin-Off Research, and is supplemented throughout the month with our timely Email Bulletins.

Spin-Off Research

Coverage Report

The initial coverage report will provide a Deal Overview, Detail Rationale, Investment Thesis, Valuation and Recommendation, Business Overview, Historic Financials, Financial Outlook, SOTP Analysis, Industry Overview, Current Financial Statements, and Management Analysis. Coverage starts from the spinoff announcement with continuous coverage through the event date, and up to nine months after the event date.

Spin-Off Calendars

Published every month, the calendars will track and monitor in chronological order up and coming Spin-Offs detailing information on the parent company, spinoff entity, associated tickers, share ratios, and important future dates.

Spin-Off Updates

Spin-Off Research will track and analyze Spin-Offs from announcement to Spin-Off, through to three quarters after (covering the Spin-Off entity). Thus, we fully cover the Spin-Off for all major news and results, adjusting our valuations and releasing updated forecasts if necessary.

Email Bulletins

(Supplements Monthly Publication)
Coverage starts from the spinoff announcement with continuous coverage through event data, and up to nine months after the event date. No analysis is done on potential spinoffs. As soon as there is announced Spin-Off information, Spin-Off Research will send out an email detailing any information that is relevant including dates, share ratios, etc. In addition, periodic emails containing any relevant information on past, current, or future Spin-Offs will be sent out.

The Sum of the Parts Is Greater Than the Whole

Spin-offs often result in a higher aggregate value for the constituent pieces. A number of studies show that spin-offs historically have generated far better returns than the overall market. Spin-offs do well partly because when a business and its management are freed from a large corporate parent, pent-up entrepreneurial forces are unleashed. A study by Lehman Brothers of 88 spin-offs between 2000 and 2005 found that they beat the S&P 500 by an average of 45% in their first two years as independent companies.