Equity research · Valuation · Capital markets

Nangyal Rehman

I'm a Bachelor of Commerce (Finance) student at Memorial University of Newfoundland, graduating in April 2027. I spent four years in civil engineering before switching to finance because I loved investing. Now I build valuation models and write equity research as a Sector Manager at The Fund and a Data Analyst at RBC Dominion Securities.

1st PlaceCFA Institute Research Challenge, Atlantic Canada (2026)
$525KStudent-managed fund; Sector Manager for Materials, Financials and Energy
3.94Program GPA, Bachelor of Commerce (Finance)
1st PlaceCPA Data Analytics Hackathon (2025)

Selected work

Stock pitches and research reports. Each one includes the full deck or report, the model behind it and a snapshot of the valuation output.

1st Place · Atlantic Canada2026

CFA Institute Research Challenge

Won the Atlantic Canada final of the CFA Institute's global equity research competition. Teams research a public company, then submit a written report and financial model and defend the call before a panel of industry professionals.

Cover of the NEO Performance Materials pitch deck
BUYTSX: NEOThe FundNov 2026

NEO Performance Materials

Europe's first sintered rare earth magnet plant, paid for by record hafnium earnings and priced at half its peers' multiple. I built a 10-year three-statement model with thesis-based bull, base and bear cases, valued with 50% DCF and 50% comps.

TargetC$47.84
Upside+92%
Price at pitchC$24.90
Bear / BullC$11.89 / 62.70

Role: Sector Manager. Model, pitch deck and one-pager.

First page of the MDA Space equity research report
BUYTSX: MDACIBC Mellon case competitionOct 2026

MDA Space

Canada's satellite, space robotics and Earth-observation prime, with sole-source sovereign programs (RADARSAT, Canadarm) and an ITAR-free satellite platform. Written for the CIBC Mellon Student Investment Fund Conference case competition, then revised using the judges' written feedback.

TargetC$49.66
Upside+16.7%
Price at reportC$42.54
MethodDCF + scenarios

Team: Nangyal Rehman, Nicholas Cummings, Wesley Christopher, Parneet Kaur.

Hudbay Minerals one-page stock pitch
BUYTSX: HBMThe FundNov 2026

Hudbay Minerals

Gold pays for the next US copper district. Gold by-product credits take Hudbay's net copper cost below zero, the balance sheet is net cash, and Copper World in Arizona is sanctioned and part-funded. Valued on an asset-by-asset NAV model covering six mines and projects.

TargetC$42.03
Upside+42.5%
Price at pitchC$29.49
Method1.0x NAV

Role: Sector Manager, with Genevieve Carter (Analyst). NAV model and one-pager.

Experience

Finance today, with an engineering and project management background behind it.

  1. RBC Dominion Securities · Summer Data Analyst

    Discretionary Private Wealth · St. John's, NL · May 2026 – Present

    Build DCF, comps, NAV and three-statement models, and research equities for a discretionary private wealth team. Monitor and rebalance portfolios using FactSet and Bloomberg, and automate internal workflows with AI agents.

  2. The Fund, Memorial University · Sector Manager

    Materials, Financials, Energy · Sep 2025 – Present

    Lead equity research for a $525K student-managed fund and present recommendations to portfolio managers and professional mentors.

  3. Memorial University · Teaching Assistant

    BUSI 3550, Introduction to Finance · Sep 2026 – Present

    Support students on valuation, risk and return, CAPM, capital budgeting and capital markets.

  4. Canadian Coast Guard · Infrastructure Engineering Intern

    St. John's, NL · Apr – Aug 2025

    Managed asset records for 15+ facilities, estimating repair and replacement costs to improve lifecycle forecasting.

  5. PCL Construction · Project Management Intern

    Vancouver, BC and Halifax, NS · 2024 (two terms)

    Ran procurement on a $500M hospital expansion; on a $3M modular build, found deficiencies whose fixes cut costs by about $300K.

  6. Pennecon · Civil Engineering Estimating Intern

    St. John's, NL · May – Aug 2023

    Estimated project costs and quantities to within 10% and presented findings to senior leadership for bid decisions.

Leadership

  • President, Memorial Consulting Club (Sep 2025 – Present)
  • Co-Founder, Commito, an AI workflow-automation startup (Apr 2026 – Present)
  • Finance Lead, Enactus MUN

Education

  • Bachelor of Commerce (Finance), Memorial University, 2025 – 2027. Program GPA 3.94
  • Civil Engineering, Memorial University, 2021 – 2025 (transferred to Commerce)

Tools & certifications

ExcelFactSetBloomberg TerminalPowerPointPower BIAI / ClaudeTraining The Street: Financial ModelingBloomberg Market ConceptsCFI Corporate Finance

Where I've worked and travelled

Click a pin for details.

WorkTravelComing up

Beyond the desk

What I do when I'm not in a spreadsheet.

Training

I lift every day and have trained in judo and Muay Thai. Basketball when I can find a game.

Training
Training
Training
WeightliftingJudoMuay ThaiBasketball

Travel

Next stop: a semester on exchange at EDHEC Business School in Nice, France (Spring 2027). I also ride motorcycles and like picking up languages.

Travel
Travel
Travel
TravelMotorcyclesLanguages

Let's talk

I'm looking for full-time roles in equity research and capital markets starting in 2027. I'm always happy to talk through a pitch or a model.

Model snapshot
Model snapshot