About
About TickerWorth
Many sites print a price target for any ticker. TickerWorth shows the arithmetic, and says when it does not work.
TickerWorth estimates what a business is worth from the cash it can generate, and puts every input on the page next to the answer, with the filing each figure was read from. Move the discount rate yourself and the model responds, so you can test the number instead of taking it as given.
Who builds it
TickerWorth is built and maintained by Miraaj Patel. The model, the refusals and the mistakes are mine.
If a number looks wrong to you, write to me at hello@tickerworth.com and say where.
The refusal is the product
The part we are most careful about is the refusal. A discounted-cash-flow model is structurally the wrong lens for a bank, an insurer, a REIT or a rate-regulated utility, and a company whose filings are too thin cannot be modelled at all. Those companies get a page that says so, in the same detail as the ones we can value. We do not force a number out to keep the coverage count tidy.
Two claims, kept apart
The site keeps two claims apart, because blurring them would make us sound more thorough than we are. Of the companies we cover, 130 are researched by hand: every input sourced from filings, with the modeller’s own reservations published alongside. Everything else is modelled automatically, many with a base year read from the company’s own 10-K and the rest from market data. Each page says which it is.
Nothing here is investment advice, a recommendation or a prediction. It is an educational model, it can be wrong, and every page is built so that you can find out where.