Russian Market Community

Investment thesis Apple is a mature but exceptionally durable compounder. While iPhone unit growth is structurally limited, Apple’s ecosystem, pricing power, and expanding high-margin Services segment support steady revenue growth and faster earnings and free cash flow growth.Read more

️ Business Overview Key Metrics Total: -7/17 +1 ✅ Projected Operating Margin: 10.55% +0 ⚠️ Projected 5-Year Revenue CAGR: 2.02% +0 ⚠️ Last 5-Year ROIC: 5.80% -2 ❌❌ Estimated Cost of Capital: 10.49% (greater than ROIC) -1 ❌ Last 5-Year Shares Outstanding CAGR: +6.77% -1 ❌ Projected 5-Year EPS CAGR: 7.29% (given that the companies can "manipulate" in a sense this values, below 10% it represents a negative) +1 ✅ Projected 5-Year Dividend CAGR: 11.63% -2 ❌❌ Estimated Debt Rating: Caa -2 ❌❌ Morningstar Moat: None -1 ❌ Morningstar Uncertainty: High Despite the solid margins Mota-Engil seems to be destroying value given its higher Cost of Capital (driven by its geographic exposure to risky countries) compared to its ROIC. Also the dillution of shares , a non-existing moat (competitive advantages) and its lower estimated debt rating makes the company a risky bet.Read more

️ Business Overview Key Metrics Total: 8/17 +2 ✅✅ Projected Operating Margin: 31.57% +0 ⚠️ Projected 5-Year Revenue CAGR: 6.38% +1 ✅ Last 5-Year ROIC: 18.20% +1 ✅ Estimated Cost of Capital: 9.33% (less than ROIC) +1 ✅ Last 5-Year Shares Outstanding CAGR: -0.78% -1 ❌ Projected 5-Year EPS CAGR: 7.29% (given that the companies can "manipulate" in a sense this values, below 10% it represents a negative) +1 ✅ Projected 5-Year Dividend CAGR: 15.01% +1 ✅ Moody's Rating: A1 +2 ✅✅ Morningstar Moat: Wide +0 ⚠️ Morningstar Uncertainty: Medium Ferrari is a solid company, racing with a wide moat with its worldwide known brand that results in a very high operating margin. The fact that its ROIC is almost double its cost of capital (WACC) gives us good reasons to believe in its investment decisions.Read more

Nike (NKE) is a well-positioned company with a globally recognized brand and a dominant market presence, with $101.5 billion in market cap. As the industry leader, Nike benefits from significant economies of scale, allowing it to negotiate favorable terms with suppliers and maintain cost efficiency.Read more

Hololive's Cover Corporation continues to experience margin compression due to excessive spending, increased annual salaries with employees working with Unity, Unreal and their Metaverse project and delayed response to Japan-U.S. tariff trade issues. Q3 will see a partial return to normal merchandise sales to the U.S. with Cover finally responding to shipping costs beginning mid November 2025.Read more

Alphabet’s Q3 2024 results reveal an impressive 15% revenue growth to $88.3 billion, driven by robust ad revenue and a 35% surge in Google Cloud. With strong gains across Search, YouTube, and AI-powered enterprise solutions, Alphabet remains a leader in digital advertising and next-gen tech, pushing margins higher amidst fierce competition.Read more

Netflix recently responded to the vast industry concerns about its deal to acquire Warner Bros. Discovery from the likes of the Writers Guild of America and a who’s-who list of elected officials, including liberal ones like Sens.Read more

RELX plc (NYSE: RELX) rarely makes headlines the way Big Tech or high-growth software names do. And that’s precisely the point.Read more

Date: January 8, 2026 Ticker: BABA (NYSE) "The sleeping dragon wakes up, and it's speaking binary." Alibaba is violently pivoting from a legacy e-commerce utility into an AI-first infrastructure giant. The "User-first" restructuring is finally stabilising the bleeding in Taobao/Tmall, while the Cloud intelligence unit is posting triple-digit AI revenue growth.Read more