December 8, 20230CommentsSector & Industry Fundamentals 3Q23 UpdateWe’ve published an update to our Sector & Industry fundamentals page with 3Q23 data. by Hakan Salt, Associate Investment Analyst
November 28, 20230CommentsImproving Our Company Models: Suspended Ratings for Changes in Required CashWe 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
November 15, 20230CommentsEquity Model Adjustments For Real Estate Investment Trust (REIT) CompaniesThis 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
September 8, 20230CommentsSector & Industry Fundamentals 2Q23 UpdateWe’ve published an update to our Sector & Industry fundamentals page with 2Q23 data. by Kyle Guske II, Senior Investment Analyst, MBA
August 29, 20230CommentsEquity Model Adjustments for Financial vs. Non-Financial CompaniesThis report explains why certain calculations in our company valuation models are different for financial companies. by David Trainer, Founder & CEO
March 22, 20230CommentsUpdating Our Minority Interest CalculationThis 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, 20210CommentsAnother Overvalued IPO: Endeavor GroupEndeavor will test investors’ appetite for overvalued IPOs as Endeavor needs this IPO more than investors do. by Kyle Guske II, Senior Investment Analyst, MBA
April 27, 20210CommentsNetflix: A Meme-Stock OriginalWith 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
April 27, 20210CommentsPodcast: Why Netflix is Back in the Danger ZoneCEO 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, 20210CommentsThe Importance of Reading Footnotes – Filing Season 2021 RecapDuring 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, 20210CommentsHidden Items Make Earnings Look Much Better & Other Findings From the Real Earnings SeasonWe 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, 20210CommentsHidden Charges Make a Bad Year Look Worse & Other Findings From the Real Earnings SeasonWe 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, 20210CommentsHidden Impairment Charges & Other Findings From the Real Earnings SeasonWe 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, 20210CommentsWrite-Downs Understate True Profits & Other Findings from the Real Earnings SeasonWe 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, 20210CommentsBio-Rad’s Non-Operating Income Overstates GAAP Net IncomeNon-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, 20200CommentsOnly Inactive Stocks Impacted by Our Operating Lease Obligation Discount Rate UpdateBased on today’s models, no actively-traded stocks will be impacted by this update. by Kyle Guske II, Senior Investment Analyst, MBA
June 30, 20200CommentsUpdating the Operating Lease Obligation Discount RateWe recently discovered an opportunity to improve the discount rate for capitalizing operating lease payments. by Kyle Guske II, Senior Investment Analyst, MBA
May 5, 20200CommentsModel Enhancement: Improved Override CapabilitiesWe’re excited to announce enhancements to the Override capability in our Company Valuation Models. by Kyle Guske II, Senior Investment Analyst, MBA
October 30, 20190CommentsHow ASU 2016-01 Impacts Invested Capital and OCIASU 2016-01 will have a significant impact on GAAP earnings for companies that hold large amounts of equity securities. by Sam McBride
September 16, 20190CommentsDetails on ROIC Drivers/Dupont Model Now in Your PortfolioGet insights into how businesses can improve ROIC from your Portfolio page(s). by Kyle Guske II, Senior Investment Analyst, MBA