Services

Financial performance benchmarks:

Innovation

The Bespoke Benchmarking Innovation benchmark ranks companies by innovation expenditure and can be applied equally well to all sectors or geographic regions of the global economy. Because Innovation looks at company investment in relation to the creation of future benefits it can be used as a benchmark to investigate which regions, countries, sectors and companies are delivering investment to create growth. The benchmark delivers an easily definable ranking system, allowing companies, sector groupings and policy makers to plan future policy and to view the trends in Innovation expenditure, how their peers are investing, and to formulate business cases for increased, or reduced, investment. Bespoke Benchmarking has delivered large, international benchmarks such as the R&D Scoreboards identified below, and is well placed to deliver bespoke Innovation benchmark reports based on country, sector or any other group of companies, such as the Wind energy sector.

R&D

Bespoke Benchmarking's R&D Scoreboards benchmark research and development investment across any and all sectors of the global economy. These reports summarise company data on investment in R&D and financial performance utilising Bespoke Benchmarking’s own unparalleled database and our unique re-calculation of R&D by converting the accounting disclosures to actual cash spend. Highly regarded, these immediately allow the reader to get behind the figures reported in company annual reports and accounts and to establish the actual amount of cash R&D spend. Different from BERD and ONS data, Bespoke Benchmarking delivers an unparalleled degree of granularity; from large scale reports such as the legacy EU Commission R&D Scoreboard, and the legacy UK Government R&D Scoreboard, to smaller bespoke benchmarks focusing on specific sectors or regions, such as the UK Aerospace Technology Institute Insight 10: Evolving Aerospace R&D Landscape.

Value added

Bespoke Benchmarking Value Added Scoreboards benchmark companies by their value add and can be applied equally well to all sectors of the global economy.  Because value added looks at company performance in relation to the wealth creation these Scoreboards have been used as a benchmark to investigate which countries, sectors and companies are delivering growth.  As with the R&D Scoreboards the Value added benchmark delivers an easily definable ranking system, allowing governments to plan future policy and individual companies to view the trends in peformance of their peers, and to formulate business cases for allocation of investment resources.  Bespoke Benchmarking has delivered large, international based benchmarks such as the legacy UK Government Value Added Scoreboard, and are well placed to deliver bespoke reports based on country, sector or any other group of companies.


Financial reporting practices benchmarks:

Bespoke Benchmarking created and has delivered a number of bespoke benchmarks looking at IFRS financial reporting practices across a number of industry sectors – e.g. Pharmaceutical, Energy, Banking & Insurance. Following an in-depth analysis and comparison of client’s financial statements/disclosures with those of their peers, both sector and regional, we produce a detailed report on the quality of a sector's standard of financial reporting. Delivered with a numerical score and a ranking this quickly allows for ‘best-in-class’ comparisons (or otherwise). This allows our clients to identify areas where they are strong and areas where they need improvement; and, importantly, which of their peers are performing better, and why. One of the strengths of our financial reporting practices benchmarking is the high level of engagement between client and our analyst staff - you can be involved in the scope and selection of the reporting topics and peer group companies. An abbreviated specimen report can be found at: Specimen financial reporting practices report. These benchmarks add value by improving financial reporting transparency, reducing cost of capital and increasing shareholder value.


Index tracker investment fund design:

Developed on the back of over 30 years of financial reporting based expertise in delivering our benchmarks, the Bespoke Benchmarking Investment Tools (BBIT) utilise a unique approach based on our own proprietary algorithm to develop an equity portfolio. The service is quite different to other investment systems in that it is a smart beta product derived from hard accounting data and can be shown to deliver results year after year. The robustness of the algorithm is shown by the demonstrator BBIT UK Growth Fund Investment Club based on the UK FTSE 100 index. Over the last decade, this exhibits a best whole calendar year year-on-year return for 2019 of 29.6% against an index growth of 12.1% representing an outperformance (alpha) against the index of 17.5% (145% relative to the index); an outperformance which will add value to any portfolio. The full peformance profile and most recent daily update results can be found on the fund site. The service is delivered on a bespoke basis designed for specific index-based equity portfolios.