SONBLANC

Reverse-DCF valuation risk analytics — multi-factor, climate-adjusted, market-corrected.

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SONBLANC

Climate valuation analytics — reverse-DCF foundation · multi-factor climate adjustment · market-corrected pricing.

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Select Product

Private evidence remains isolated from listed-market comparisons.

Listed Markets

Private Markets

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Account, contact and analysis history in one place.

Account information profile & access

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Default environmentChoose per analysis

Contact help & account team

How can we help?

Contact the Sonblanc team about methodology, product access, data environments or a saved analysis.

Response routeClient team

Context sharedOnly with your confirmation

New analysis guided setup

Start with the decision environment.

Choose public or private first. Sonblanc then shows only the relevant product routes before the analysis object and subject are selected.

Past analyses —

New analysis

Step 1 of 3

Decision dashboard

Investment decision dashboard

Entity-specific climate valuation translated into research, relative-value and portfolio decisions.

The answer

What is the valuation risk?

Intrinsic Value →

01

How does it decompose?

Fundamentals →

02

How few channels carry it?

Materiality Map →

03

Where do we stand against the comparable?

Materiality Channels →

04

Is climate recognised and managed?

Company Overview →

05

Where is it worth acting?

Decision Applications →

Investment brief conclusion · fundamentals · materiality · conditions Materiality channels →

Decision Applications product-specific · mandate preserving

Evidence behind the decision

Repricing distribution company and named comparable · same probability band Open pricing analysis →

Dominant materiality channel hazard → exposure → factor → value driver → valuation More channels Open materiality channels → Open detailed analysis →

Company analysis

Fundamentals Analysis

Business structure, material factors and annual paths supporting the Revenue, Cost and Assets conclusions.

Selected companyselected product

Growth · expected versus required

% · Y0–Y+5 · common scale

Attribution to segments, products and markets

economic relevance × incremental sensitivity

Unit	Economic weight	Baseline outlook	Climate signal	Primary channel	First material year
Beverages	34% revenue	Above company	High	Cyclone → input → margin	Y+3
Consumer Foods	29% revenue	In line	Medium	Heat → input quality → mix	Y+4
Distribution	21% revenue	In line	Medium-high	Flood → network → availability	Y+2
Other	16% revenue	Below company	Low	Diversified	Beyond Y+5

Cost exposure attribution

fully allocated · reconciled to 100%

Structural weight in operating cost base100%

Input 43%Network 12%PP&E-related 18%Other / unallocated 27%

Share of modeled climate cost effect100%

Input 35%Network 29%PP&E-related 28%Other / unallocated 8%

Accounting cost lines are fractionally allocated once across exposure channels. Economic weight and marginal modeled impact remain separate: a small cost pool can carry a large effect.

Operating asset structure

book basis · illustrative

Asset-base weight100%

Tangible operating assets 38%Inventory / working capital 18%Operating intangibles 17%Goodwill 19%Other 8%

Share of modeled asset-related value effect100%

Tangible 51%Working capital 23%Operating intangibles 16%Goodwill / other 10%

Intangibles are not treated as physically exposed. Their contribution arises through revenue, margin, useful-life or impairment channels supported by those assets.

Systems & Processes

how evidence changes decisions

Fragmented processEmbedded loss controlSelective opportunity seekingIntegrated value managementCurrent evidence positionNamed comparableDecision integration · incidental → embeddedEconomic posture · loss control → value creation

What is being assessed

process → economics

Domain	Required evidence of integration
Risk management	Changes operating, capital or commercial decisions—not only reporting.
Risk financing	Linked to retained loss, liquidity and recovery timing.
Materiality	Reconciled with modeled channels and financial priorities.
Strategy	Actions are funded, timed and connected to value drivers.
Supply chain	Alternatives are qualified, independent and economically viable.
Opportunity	Product, market or capital cases have an evidenced route to value.

Financial translation

Intrinsic Value Analysis

Revenue, Cost and Asset paths reconciled into cash flow and valuation. Factor evidence remains in Fundamentals Analysis and is not repeated here.

Selected companybaseline and climate-adjusted

Company overview

Fundamentals & Outlook · business & competitive context

Thesis Builder & Screening · here the stance is the choice

In Portfolio Management the stance is a metric — a read on a book that already exists. Here it runs the other way: choose a stance and a horizon, and the covered universe is screened for fit before a candidate book is constructed. Prototype — scores are deterministic mocks; the rigor gate below conditions any graduation.

Listed · Index Builder

Climate valuation index builder

Build a transparent, reproducible index from lens-specific valuation signals while preserving the user’s universe, mandate and implementation constraints.

Score & rankAnticipate repricingCross-asset relevanceConstruct within mandateDiversification & hedgingMonitor & rebalance

Construction criteria six choices · no opaque master score

Starting universe

Valuation lens

Minimum evidence

Recognition horizon

3 years5 years8 years

Max common-channel concentration

20%30%45%

Weighting method

Provisional constituents

Resulting construction

Private Markets

Valuation action & capex planner

Action menu select actions to update the programme and valuation bridge

Decision rule

Governance & evidence

Private company evidence · corporate value and capital planning

Granular supply-chain materiality

Trace geographically specific nodes and connectors from input through sales, distinguishing ownership, financial attribution, bottlenecks and credible alternatives.

Node geographyConnector typologyRevenue / cost attributionDirect / outsourcedAlternative routes

Multi-node path line width = value / flow share

primary pathalternative path● owned / controlled○ outsourced

Material bottlenecks & options

Engine room · statements, solver and deep analysis — one level below Intrinsic Value

Solve anchor observed EV and baseline percentiles · what the engine starts from — the landing ranges themselves live on the Intrinsic Value page

Permutation workbench · required value-driver paths EV reconciliation activetime-shape prototype

The dials re-solve the permutation; the paths themselves are drawn once, on the Intrinsic Value page — nothing is charted twice.

Required paths table

Validation & computation settings

Financial statements · data foundation

Deep analysis · sensitivities, multi-factor, channel detail

Sensitivities what moves the range · one assumption at a time

Multi-factor analysis · climate hazards → factors → value driversMateriality channelslinked flow by default

Materiality channels · detail

Intrinsic Value · climate-adjusted landing, paths and materiality

Engine room · one level down

Income statementBalance sheetCash flowSolver workbenchSensitivitiesMulti-factor

Intrinsic value · landing rangespre vs post climate · Y+5 · updates with dials and path profiles

Assumptions · WACCeditable · session-local · stamped as overrides

Value-driver pathsbaselines solved by the reverse-DCF engineEV reconciliation activetime-shape prototype

Solver configurationhow the engine ran · editable where it permits

Materiality Channels · ranking, map and channel metrics

Materiality channels

Map

Channel metrics

Narrative

Intensity spine · what is absorbed, amplified and deferred on the way to the driver

Relative position

Fundamentals Analysis · one box, one section

Revenue, cost and asset analysis in a single frame, read left to right as hazard → factor → product → market. Every column is held at the forecast-average mix and reconciles to 100%, so the bands between them are attribution and nothing you see is mix drift.

subject columns

Company Overview · how the subject recognises climate, and the statements it is read against

The first question about any subject is whether climate is recognised and managed at all, so that is where this page starts: five disclosed systems, the position they add up to, and what would be addressable if a follow-up were funded. Public disclosure only; nothing here is inferred from private evidence.

Strategic integration · is climate recognised, and what kind of recognition is it

view

Five systems, combined

Position recognition · and its type

Type of recognition

Conclusion

Addressable materiality derived from the adjustment signs · U-tiered · never summed into the verdict

By value driver · where a funded action would land

The subject · what the business is and what it reports

Revenue analysis

Portfolio Management · the analysis applied to the book

The selected product's working application. For Value Investing: the public portfolio read — weights, climate value gaps, recognition — with each component's materiality structure one click deep.

Repricing Monitor prototype result using mocked data · not approved for valuation

QIC engagement screens E2 direct-access lane · indicative · confidential

Screens developed for the QIC engagement (Phase 1 sector profiling · Phase 2 portfolio · Asset Operator Toolkit), docked into the Private Infra Investing product. Engagement evidence never enters the public library, comparable set, ranks or indices (DC-04 · PR-03).

Portfolio & assets prototype result using mocked data · E2 lane · not approved for valuation

The Asset Operator Toolkit at three grains: the portfolio (factor materiality per portfolio company, concentration, early-warning flags), the sector (sector-wide profiles: channels exercised, driver norms, hazards) and the asset (consultation guide · early-warning dashboard · cash-flow modifier). APP-I-01 · APP-I-03 · APP-I-05.

Public Portfolio View prototype result using mocked data · not approved for valuation

Where exposure, hazards and value-driver channels concentrate across holdings; which pairs offset; what the set does that the members do not. Aggregates only outputs that passed cross-company comparability (P2). APP-VI-05 · Contract AP-01.

Multi-factor consolidation

All single-factor outputs poured in, overlap-adjusted and normalised to 100%.

Consolidation table · per value driver

Before → after normalisation

Factor

Pricing Analysis · recognition and repricing

Starting from climate-adjusted intrinsic value: how much of the gap the market recognises, when it recognises it, and what remains unpriced. Scenarios come first; the statistical expression below is read off whichever scenario, horizon and probability you pick; the forces are the transmission mechanisms that would carry it.

Input	Materials, commodities, energy and water directly consumed.
Network	Freight, warehousing, distribution and corridor-dependent costs.
PP&E-related	Depreciation, maintenance, property cover and facility operation.
Unallocated	Retained until evidence supports a defensible channel assignment.