1QFY27: Strengthening growth leadership

研报英文原文证据摘录

1QFY27: Strengthening growth leadership

Macquarie Equity Research UltraTech Cement

Alpha Model Decomposition Key Quant Findings

The quant model currently holds a marginally positive The Macquarie Alpha is decomposed into its sector and

view on UltraTech Cement. The strongest style exposure market relative factor & styles exposures (a higher/better

is Growth, indicating this stock has good historic and/ percentile is coded in green, whilst lower in red).

or forecast growth. Growth metrics focus on both top

and bottom line items. The weakest style exposure relativePercentileto

is Profitability, indicating this stock is not efficiently

sectors market

converting investments to earnings; proxied by ratios like Factors / Styles (/167) (/1101) Core factors in definition

ROE or ROA. ALPHA 63% 65% Built from the styles below

VALUE 35% 68% Book, CF, Yield, Earnings Multiples

Macquarie Alpha Model: Key rankings ANALYST 78% 58% Revisions (Earnings, Recommendations)

MOMENTUM 59% 52% Price Momentum

The Macquarie Quant’s flagship Alpha model is a dynamic

multi-factor model based on a staple of quant factors such GROWTH 68% 57% EPS, Sales (Forecast, Historic)

as value, momentum, revisions, quality, and risk. PROFITABILITY 62% 36% ROE, Margin, Asset Turnover

Global Market (Country) Sector QUALITY 32% 39% Accruals, Earn Stability, Cash Conversion

Construction CAPITAL 37% 35% Investment/Capex, Net share issuance Whole Universe India Materials

LIQUIDITY 99% 97% Size, Turnover, Analyst Coverage

Macquarie Alpha 6478/17997 381/1101 61/167

Model LOW RISK 62% 84% Beta, Volatility, Earn.Cert, Leverage

Fundamental 3394/17997 269/1101 32/167 TECHNICAL 29% 21% MACD, RSI, Bollinger, Williams R, etc (Consensus) *

* based on Total Shareholder Return = Consensus Price target / Current Price