ISS Corporate Solutions Announces Launch of EVA Financial Suite
New Offering Will Give Companies Access to EVA Financial Data and Insights updated daily
ROCKVILLE, Md. (October 1, 2019) – ISS Corporate Solutions, Inc. (ICS), a leading provider of compensation, governance, and sustainability tools and advisory services to help companies improve shareholder value and reduce risk, today announced the launch of EVA Financial Suite, a solution designed to help companies better understand the drivers of total shareholder returns (TSR) through the Economic Value Added (EVA) lens.
EVA Financial Suite gives companies a thorough analysis of their EVA fundamentals to pinpoint capital allocation strengths and weaknesses and identify improvement opportunities. “Meaningful financial benchmarking of performance and valuation multiples can be time consuming and abstract but getting it right can have a huge impact on understanding key value drivers and market expectations” said Mark Brockway, Managing Director of ICS.
The EVA Financial Suite lets companies track performance in near real-time using both EVA and traditional metrics, compare and contrast key insights and observations, and deconstruct share price drivers for their own company and top performers. The platform also includes supporting EVA reconciliation reports and schedules to link EVA to GAAP and conventional metrics.
“EVA is the gold standard – the premier financial metric for valuation and strategic and financial analysis. It is the metric most closely aligned to TSR in the long-term,” said Eric Schwarte, Executive Director of ICS EVA Advisory. “We are excited to show our clients how they can better understand their financial profile to make better capital allocation decisions and outperform peer and market expectations.”
EVA Financial Suite will initially be made available to U.S. and Canadian-based companies. Access to the EVA Financial Suite is complemented by hands-on analysis and support from the ICS team of seasoned executive and financial advisors.