Every year, the prestigious CFA (Chartered Financial Analyst) Institute organizes the CFA Research Challenge. This is a competition in which teams of students from universities worldwide make a financial analysis of a listed company. and propose a panel of specialists. This year, the University of Antwerp participated for the third time in the local Benelux competition. Prof. Marc Deloof acts as the academic mentor. Our team (Cédric Dobbels, Tom Vermeire, Alexander Denollet and Laura Hollevoet), gained a very good fourth place on 14 participating teams from universities and business schools in the Benelux. Since these teams typically consist of the best students in finance, this performance should not be underestimated.