OAOlalekan Akinola

Research portfolio

A–Z Equity Research

Six completed research projects, each kept at its original cutoff. These are dated research snapshots, not live market updates.

● Completed case study◐ Planned next○ Unscheduled

AAlphabet BBUA Foods / BUA Cement CCrowdStrike DDangote Cement EEli Lilly FFerrari GGoldman SachsHUpcomingIUpcomingJUpcomingKUpcomingLUpcomingMUpcomingNUpcomingOUpcomingPUpcomingQUpcomingRUpcomingSUpcomingTUpcomingUUpcomingVUpcomingWUpcomingXUpcomingYUpcomingZUpcoming

Next planned: G / Goldman SachsResearch cutoff planned for 30 October 2026. Analysis is planned to begin over the following weekend. Publication date has not been set. This series is project-led; no weekly publication promise is made.

A–Z / A · Global equitiesDATA AS OF 2026-08-26

Alphabet

Is growth translating into cash for shareholders?

Revenue growth did not become free cash flow growth; H1 revenue growth 23.052362%, H1 operating cash flow growth 32.805922%, H1 capital expenditure growth 103.309538%, H1 free cash flow growth -82.431764%

Key findingH1 revenue rose 23.05%, but free cash flow fell 82.43% as capital expenditure doubled.

PythonFinancial statementsCash conversion

Case study →PDF note ↓

Research & Python analysis by Olalekan Akinola

A–Z / B · Nigerian equitiesDATA AS OF 2026-08-31

BUA Foods / BUA Cement

Did the historical winner remain the better performer?

The ranking changed in 2026; BUA Foods -4.79%, BUA Cement 73.1%, NGX ASI 56.04%

Key findingBUA Cement gained 73.1% YTD versus −4.79% for BUA Foods, but with about 50% annualized volatility.

PythonPeer comparisonPortfolio analytics

Case study →PDF note ↓

Research & Python analysis by Olalekan Akinola

A–Z / C · Global equitiesDATA AS OF 2026-09-04

CrowdStrike

Did outperformance compensate for the size of the drawdowns?

Outperformance came with materially higher risk; CrowdStrike 87.9%, S&P 500 12.5%, CIBR 34.1%

Key findingCrowdStrike returned 87.9% YTD, with 60.3% annualized volatility and a 26.8% maximum drawdown.

PythonSector benchmarkingDrawdown analysis

Case study →PDF note ↓

Research & Python analysis by Olalekan Akinola

A–Z / D · Nigerian equitiesDATA AS OF 2026-09-18

Dangote Cement

Was the rally stronger than the peer and index alternatives?

Lafarge led the stock-return comparison; Dangote Cement 72.4138%, Lafarge Africa 156.6543%, NGX ASI 59.6273%

Key findingDangote gained 72.41%; Lafarge gained 156.65%. The NGX ASI had the strongest recalculated annualized Sharpe estimate.

PythonCollaborative researchRisk analytics

Case study →PDF note ↓

Collaborative research · roles credited in case study

A–Z / E · Global equitiesDATA AS OF 2026-10-02

Eli Lilly

Did business growth translate into stock outperformance?

SPY led the current-period comparison; Eli Lilly 6.29%, Novo Nordisk -25.2%, SPY 13.53%

Key findingLilly returned 6.29% YTD versus SPY’s 13.53%, with substantially higher annualized volatility.

PythonCollaborative researchSharpe / Sortino

Case study →PDF note ↓

Collaborative research · roles credited in case study

A–Z / F · Global equitiesDATA AS OF 2026-10-09

Ferrari

Does business quality justify the valuation premium?

A lower P/E does not imply a lower enterprise multiple; Ferrari EV/EBITDA 22.03×, Porsche EV/EBITDA 9.481834×

Key finding22.03× EV/EBITDA versus Porsche’s 9.48×: the €144.29 peer scenario shows dependence on retaining a premium.

PythonExcel compsROIC / WACC

Case study →PDF note ↓

Research & Python analysis by Olalekan Akinola