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Know what a business
is worth before you buy it.

Score any company against eight tests of quality and price, then set your own assumptions to find a fair value you can defend.

AAPL

6/8

Apple Inc.

$309.90

23.12·-6.94%
Live ·
1Y

Blended fair value

$75.55

Average of your three scenarios

Margin of safety

-310.21%

Price sits above fair value

$309.90
Current market price $309.90

Low

$23.09

High

$137.45

At $309.90 the market price exceeds your high-case fair value of $137.45. No scenario you set justifies today's price.

Members run the analyzer on companies like these every day

  • Apple
  • NVIDIA
  • Alphabet
  • Meta
  • Visa
  • Nike
  • Tesla
  • Intel
  • Qualcomm
  • Cisco

The method

Eight tests. One number you can explain.

Each pillar is a single pass-or-fail check with a published threshold. Nothing is weighted, nothing is hidden, and every verdict shows the rule it was measured against.

01Below 22.5x

P/E ratio

What you pay per dollar of profit, averaged over five years.

02Below 22.5x

Price to FCF

The same test against cash, which is harder to massage.

03Above 9%

ROIC

Whether the business earns more than its capital costs.

04Positive 10yr

Revenue growth

Durable compounding has to start at the top line.

05Positive 10yr

Net income growth

Confirms growth survives costs, interest, and tax.

06Positive 10yr

FCF growth

What funds buybacks and debt paydown without borrowing.

07Flat or falling

Share count

A rising count quietly dilutes what you own.

08Under 5 years

Debt to FCF

Whether a downturn forces the company to dilute you.

6/8
Solid

Falls short on 2 pillars: p/e ratio, price to free cash flow.

Live example: Apple Inc. scored against all eight pillars just now.

Your assumptions, not ours.

Most tools hand you a price target and hide the reasoning. The analyzer does the opposite: you set growth, margins, exit multiples, and the return you require, across a low, mid, and high case. The fair-value range is the output of what you believe.

  • Ten years of revenue, earnings, cash flow, debt, and share count
  • A fair-value range rather than a single false-precision target
  • Expected return and margin of safety for every scenario
  • Seeded from the company's own history, so you start from fact

Scenario output · AAPL

low

$23.09

-11.30% / yr

mid

$66.10

-4.03% / yr

high

$137.45

+1.41% / yr

Revenue in 10 years
$664.65B
Free cash flow in 10 years
$164.67B

Filter by the eight tests, not by price alone

The screener runs every pillar across thousands of companies, so you can start from businesses that already pass rather than from a list of tickers that happen to be down.

Sample screener results with pillar scores
CompanyPriceChangePillarsP/EROICDebt / FCF
GOOGGOOGLAlphabet Inc.$346.96+8.51%6/852.8x28.00%0.1 yrs
METAMETAMeta Platforms, Inc.$570.05-4.22%6/832.4x28.00%0.5 yrs
ADBEADBEAdobe Inc.$273.92+21.68%7/823.3x28.00%0.7 yrs
VVVisa Inc.$384.14+7.98%6/848.0x30.00%1.0 yrs

Stocks are not the only decision

Two calculators built to the same standard as the analyzer: every input visible, every assumption yours.

Real estate underwriting

Model a rental from purchase price to cash flow. Financing, taxes, vacancy, maintenance, and management, with cap rate, cash-on-cash return, and DSCR as outputs.

  • Cap rate
  • Cash-on-cash
  • DSCR
  • Break-even rent

Retirement planning

Set a target income and see the nest egg it requires in tomorrow's money. Stress-test the withdrawal rate, the return assumption, and inflation independently.

  • Target number
  • Years of runway
  • Sustainable income
  • Surplus

Community

Test your reasoning against other investors.

An analysis you cannot defend out loud is not finished. Members post their models, argue about which failed pillar is acceptable, and rank the companies they are watching.

34,000+

Members

Daily

Live sessions

No tips

Method only

Learn the method, not a list of picks

Structured courses that build from reading a cash flow statement to setting your own valuation assumptions.

  • Foundations24 lessons · 8.5h

    Foundations of Stock Investing

    Read a financial statement, judge business quality, and set a price you are willing to pay. The prerequisite for everything else here.

    Start course
  • Intermediate16 lessons · 6h

    The 8 Pillars in Practice

    Work through each pillar on real companies, including the cases where a failed pillar is acceptable and the cases where it ends the analysis.

    Start course
  • Advanced18 lessons · 7h

    Valuation and Assumptions

    Build the growth, margin, and multiple assumptions behind a fair-value range, and learn which inputs actually move the answer.

    Start course
  • Foundations21 lessons · 9h

    Real Estate Investing

    Underwrite a rental from listing to close: financing, operating expenses, cash flow, and the returns that justify the work.

    Start course
  • Foundations14 lessons · 5h

    Retirement Planning

    Set a target number, choose a withdrawal rate you can defend, and stress-test the plan against inflation and poor early returns.

    Start course
  • Intermediate12 lessons · 4.5h

    Options 101

    Calls, puts, and the strategies long-term investors use around positions they already own — plus the ones to avoid entirely.

    Start course

Market news, filtered to businesses

Headlines that change how a company earns money — not every tick.

Plans

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Free

See how the method works before you pay for it.

Investor

$39/mo

The full toolkit for running your own analysis.

Coaching

$249/mo

Direct guidance on your own portfolio.

Compare plans

Start with one company you already own.

Run it through the eight pillars, set your own assumptions, and see whether the price you paid still makes sense. Free, no card.