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Intangible Asset Market Value (IAMV)
The Energy Industry is one of our core disciplines. We apply knowledge, research, and analysis
to inform clients of conditions that may influence the performance and value of individual companies
or whole industry sectors.
Example:Tracking relative proportions of market cap
invested in intangible value among the various energy industry sectors (oil &
gas and alternative energy) is one starting point for identifying investor preferences
and trends (or over bought/sold conditions). From here
we drill down into the sector participants to determine what company
characteristics or situations are driving that sector's market value. This
"macro-micro spectrum analysis" yields superior strategic insight for positioning
investment portfolios, suggest changes in corporate direction, or
spot divergent (i.e., either troubled or opportune) companies.
In this example (on 8/25/14), sector market cap in Piplines is heavily
invested in companies with over 75% intangible value, well ahead of the
tech-driven alternative energy (AE) industry, while little such investment in
intangibles is made in drilling and exploration companies.