Standard & Poor’s Compustat(R), the provider in financial market intelligence, now offers 11 industry-specific data sets within its North America database offering.
Key data points enable analysts to quantify information and analyze statistics in order to assess the health and profitability of a company, as well as identify trends specific to that industry.
Compustat’s data enables analysts to bridge the gap between company and industry because he/she can look at the company data relative to the industry. Compustat has researched each industry to determine those items that are widely meaningful within each industry. Many items found are beyond the balance sheet, cash flow statement and P/E ratio.
Compustat’s financial analysts collect the data from the financial statement notes and exhibits, and then standardize the data.
“Institutional investors are searching for new ways to beat their benchmarks,” says Mitch Abeyta, managing director, Standard & Poor’s Compustat.
Compustat gives them advanced analysis capabilities across an industry by providing data pertaining to the unique dynamics affecting that industry. By collecting hard-to-find data and standardizing it, analysts have additional tools to streamline their evaluation of new investment opportunities.”
L.D.