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Sector & Industry Fundamentals
September 12, 20240Comments

Sector & Industry Fundamentals 2Q24 Update

We’ve published an update to our Sector & Industry fundamentals page with 2Q24 data.
by Kyle Guske II, Senior Investment Analyst, MBA
July 15, 20240Comments

Updating our Free Cash Flow Yield Calculation and Stock Ratings & Adding “All Cash” and “No Cash” Metrics to Models

We are updating the Free Cash Flow Yield calculation used in our Stock Ratings and ETF & Mutual Fund Ratings.
by Kyle Guske II, Senior Investment Analyst, MBA
Sector & Industry Fundamentals
June 20, 20240Comments

Sector & Industry Fundamentals 1Q24 Update

We’ve published an update to our Sector & Industry fundamentals page with 1Q24 data.
by Kyle Guske II, Senior Investment Analyst, MBA
Sector & Industry Fundamentals
December 8, 20230Comments

Sector & Industry Fundamentals 3Q23 Update

We’ve published an update to our Sector & Industry fundamentals page with 3Q23 data.
by Hakan Salt, Associate Investment Analyst
November 28, 20230Comments

Improving Our Company Models: Suspended Ratings for Changes in Required Cash

We are adding a new reason for suspending Stock and Credit Ratings that relates to our calculation of Invested Capital.
by Kyle Guske II, Senior Investment Analyst, MBA
Overstated Earnings
November 15, 20230Comments

Equity Model Adjustments For Real Estate Investment Trust (REIT) Companies

This report explains the differences in our models for real estate investment trust (REIT) companies compared to standard industrial company models.
by David Trainer, Founder & CEO
Sector & Industry Fundamentals
September 8, 20230Comments

Sector & Industry Fundamentals 2Q23 Update

We’ve published an update to our Sector & Industry fundamentals page with 2Q23 data.
by Kyle Guske II, Senior Investment Analyst, MBA
August 29, 20230Comments

Equity Model Adjustments for Financial vs. Non-Financial Companies

This report explains why certain calculations in our company valuation models are different for financial companies.
by David Trainer, Founder & CEO
Update to our Site
March 22, 20230Comments

Updating Our Minority Interest Calculation

This report details improvements we’re making to our Company Models to better handle the impact of Accounting Standards Update (ASU) 2016-01.
by Kyle Guske II, Senior Investment Analyst, MBA
April 28, 20210Comments

Another Overvalued IPO: Endeavor Group

Endeavor will test investors’ appetite for overvalued IPOs as Endeavor needs this IPO more than investors do.
by Kyle Guske II, Senior Investment Analyst, MBA
Danger Zone
April 27, 20210Comments

Netflix: A Meme-Stock Original

With its huge subscriber miss in 1Q21 and weak guidance for subscriber growth, the weaknesses in Netflix’s business model are undeniable.
by Kyle Guske II, Senior Investment Analyst, MBA
Danger Zone Podcast
April 27, 20210Comments

Podcast: Why Netflix is Back in the Danger Zone

CEO David Trainer sat down with Chuck Jaffe of Money Life to talk about our Danger Zone pick this week: Netflix: A Meme-Stock Original.
by Kyle Guske II, Senior Investment Analyst, MBA
March 31, 20210Comments

The Importance of Reading Footnotes – Filing Season 2021 Recap

During the Real Earnings Season our analyst team made 35,498 forensic accounting adjustments with a dollar value of $18 trillion.
by Alex Sword
March 24, 20210Comments

Hidden Items Make Earnings Look Much Better & Other Findings From the Real Earnings Season

We found unusual items in the filings of General Electric (GE) and several other companies during the fourth week of The Real Earnings Season.
by Alex Sword
March 22, 20210Comments

Hidden Charges Make a Bad Year Look Worse & Other Findings From the Real Earnings Season

We found unusual items in the filing of Ingersoll Rand (IR) and several other companies during the third week of The Real Earnings Season.
by Kyle Guske II, Senior Investment Analyst, MBA
March 9, 20210Comments

Hidden Impairment Charges & Other Findings From the Real Earnings Season

We found unusual items in the filings of Exxon Mobil (XOM) and several other companies during the second week of The Real Earnings Season.
by Kyle Guske II, Senior Investment Analyst, MBA
March 1, 20210Comments

Write-Downs Understate True Profits & Other Findings from the Real Earnings Season

We found unusual items in the filings of Dropbox Inc. (DBX) and several other companies during the first week of The Real Earnings Season.
by Matt Shuler, Investment Analyst II
February 25, 20210Comments

Bio-Rad’s Non-Operating Income Overstates GAAP Net Income

Non-operating income not only overstates GAAP net income but could negatively impact the firm’s ability to obtain additional financing.
by Kyle Guske II, Senior Investment Analyst, MBA
July 23, 20200Comments

Only Inactive Stocks Impacted by Our Operating Lease Obligation Discount Rate Update

Based on today’s models, no actively-traded stocks will be impacted by this update.
by Kyle Guske II, Senior Investment Analyst, MBA
June 30, 20200Comments

Updating the Operating Lease Obligation Discount Rate

We recently discovered an opportunity to improve the discount rate for capitalizing operating lease payments.
by Kyle Guske II, Senior Investment Analyst, MBA
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