Independent research
Coverage selected by AER and not commissioned by the company being covered.
About Alliance Equity Research
A Research Team Focused on Undercovered Public Companies
Alliance Equity Research publishes fundamental equity research on public companies globally, with a focus on small- and mid-cap, newly listed, emerging, and other undercovered companies that receive limited traditional sell-side coverage.
AER publishes both independently selected and company-sponsored research. Sponsored relationships are clearly disclosed in the research.
Who We Are
Built by Finance Professionals
AER's research is produced by finance professionals with CFA, MBA, and CA backgrounds and experience across equity research, financial modeling, valuation, and company analysis.
We focus on the business, the numbers behind it, and the assumptions that matter to investors.
Meet the Research TeamWhere We Focus
Global Coverage Across Public Markets
AER covers public companies globally rather than limiting research to a single market or exchange.
- Undercovered public companies
- Companies with limited traditional sell-side research.
- Small- and mid-cap companies
- Businesses where operating detail, capital needs, and execution can materially shape the investment case.
- Newly listed companies
- Companies still building a public reporting history.
- Emerging public companies
- Businesses moving through commercialization, expansion, or another major stage of development.
- Selected larger companies
- Larger issuers where detailed fundamental and valuation work adds useful investor context.
Research Approach
See How We Build the Research
Our Research Approach explains how AER moves from business analysis to financial forecasts, scenarios, valuation, and ongoing coverage.
Explore Our Research ApproachCoverage Types
Independent and Sponsored Research
Company-sponsored research
Coverage commissioned and paid for by a company or related party. The relationship is clearly disclosed in the research.
Each report includes its relevant disclosure. View AER Disclosures
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