Shortlist

2026-08-19 17:35 UTC yfinance 3187 of 3466 usable 12 candidates 3187 searchable

Each card shows what you stand to gain and what you stand to lose, computed the same way. Up is the sector median multiple; down is the cheapest quintile, or a 25% fall in EBIT, whichever is worse. The ratio between them is the shape of the arithmetic — it is not odds, and nothing here estimates a probability. The band rates the evidence, not the investment. "Strong case" means most of what can be measured checks out — it does not mean buy, and nothing here knows your portfolio, your horizon or why the market is discounting the company. Red flags outweigh a high count. Read the filings before you act on any row.

No purchase price, no date, no share count — this is an assessment of the company right now, not of your position. Your list is stored on this device only.

Order

Sorted by gap size. The gap is the distance to the sector median multiple, not expected return — and the widest gaps are usually the ones the market has the best reason for. This order puts the most heavily discounted names first, which is also where value traps live. The evidence order exists because of that.

BCRX NASDAQ
BioCryst Pharmaceuticals, Inc.
Healthcare
Price
9.79 USD
P/E
9.5
EV/EBIT
7.7
Worst fall
97.7%
Volatility
82.1%
Below high
70.4%
+223% / -27% over 5:1

Up: at the Healthcare median multiple. Down: EBIT falling 25% at today's multiple. Both are arithmetic on today's earnings — neither is a probability.

What you'd be betting onThe case rests on earnings holding and the multiple normalising. The question the numbers cannot answer is why the market disagrees — that is in the filings and the news.
Strong case 11/11

Most of what can be measured checks out

Fallen, business intactGrowing, not yet priced for itCheap and healthy
The 11 criteria

Valuation

  • Cheaper than sector peers
  • EV/EBIT under 15
  • Free cash flow yield over 5%

Quality

  • ROIC over 10%
  • Operating margin over 10%
  • Gross profit over 20% of assets
  • Piotroski F-Score 7 or better

Balance sheet

  • Net debt under 2.5x EBITDA
  • Altman Z above 2.6
  • Free cash flow positive

Direction

  • Revenue growing over three years
  • Analyst revisions not negative
Why it's cheap

EV/EBIT of 7.7 against a Healthcare median of 23.0 — 66% below peers. Free cash flow yield 12.9%. Trading 70% below its all-time high set 2000-08-25.

Size of the gap

At the Healthcare median EV/EBIT of 23.0 instead of its current 7.7, and with earnings unchanged, the equity would be worth about 211% more. That is the size of the gap, not a forecast that it closes.

Business still intact
  • ROIC 760% — still earning above a plausible cost of capital
  • free cash flow positive
  • Piotroski F-Score 7/9 — accounts improving year on year
  • revenue compounding at 48% over three years
  • net debt 0.5x EBITDA — balance sheet not forcing anything
What this can't see
  • Why the market is discounting this — needs the filings and the news
  • Whether earnings are about to fall and justify the current multiple
  • Data warnings on this row — see caveats below
What the sell side says

Consensus strong buy from 11 analysts, mean target 20.82 USD, 113% above the current price. No revision activity in the last quarter.

Targets spread 96% of the mean — analysts disagree sharply, and consensus loses its information content when they do.

Implied upside of 113% is unusually high. The evidence runs the other way here: stocks with the most optimistic targets tend to underperform, because the optimism bias is real and priced-in slowly. Read this as a caution, not an opportunity.

Price target levels are shown as context only and never feed the score. Targets are reached roughly half the time and the most optimistic ones tend to underperform. Revision direction is the part that carries information.

Data caveats
  • latest statements are 231 days old
PRDO NASDAQ
Perdoceo Education Corporation
Consumer Defensive
Price
32.62 USD
P/E
12.8
EV/EBIT
6.9
Worst fall
97.1%
Volatility
53.5%
Below high
50.8%
+106% / -19% over 5:1

Up: at the Consumer Defensive median multiple. Down: EBIT falling 25% at today's multiple. Both are arithmetic on today's earnings — neither is a probability.

What you'd be betting onThe case rests on earnings holding and the multiple normalising. The question the numbers cannot answer is why the market disagrees — that is in the filings and the news.
Strong case 11/11

Most of what can be measured checks out

Fallen, business intactCheap and healthy
The 11 criteria

Valuation

  • Cheaper than sector peers
  • EV/EBIT under 15
  • Free cash flow yield over 5%

Quality

  • ROIC over 10%
  • Operating margin over 10%
  • Gross profit over 20% of assets
  • Piotroski F-Score 7 or better

Balance sheet

  • Net debt under 2.5x EBITDA
  • Altman Z above 2.6
  • Free cash flow positive

Direction

  • Revenue growing over three years
  • Analyst revisions not negative
Why it's cheap

EV/EBIT of 6.9 against a Consumer Defensive median of 16.6 — 58% below peers. Free cash flow yield 14.1%. Trading 51% below its all-time high set 2004-04-21.

Size of the gap

At the Consumer Defensive median EV/EBIT of 16.6 instead of its current 6.9, and with earnings unchanged, the equity would be worth about 106% more. That is the size of the gap, not a forecast that it closes.

Business still intact
  • ROIC 35% — still earning above a plausible cost of capital
  • free cash flow positive
  • Piotroski F-Score 7/9 — accounts improving year on year
  • revenue compounding at 7% over three years
  • net debt -1.9x EBITDA — balance sheet not forcing anything
What this can't see
  • Why the market is discounting this — needs the filings and the news
  • Whether earnings are about to fall and justify the current multiple
  • Only 1 analyst estimate(s) — thin coverage
  • Data warnings on this row — see caveats below
What the sell side says

Consensus buy from 1 analysts, mean target 44.00 USD, 35% above the current price. No revision activity in the last quarter.

Only 1 analyst estimate(s) — too few for a consensus to mean much.

Price target levels are shown as context only and never feed the score. Targets are reached roughly half the time and the most optimistic ones tend to underperform. Revision direction is the part that carries information.

Data caveats
  • latest statements are 231 days old
ADBE NASDAQ
Adobe Inc.
Technology
Price
274.00 USD
P/E
15.3
EV/EBIT
12.1
Worst fall
79.9%
Volatility
48.0%
Below high
60.2%
+139% / -25% over 5:1

Up: at the Technology median multiple. Down: EBIT falling 25% at today's multiple. Both are arithmetic on today's earnings — neither is a probability.

What you'd be betting onThe case rests on current earnings estimates, and analysts have been cutting them. The bet is that the cuts are finished.
Strong case 11/12

Most of what can be measured checks out

Fallen, business intactCheap and healthy
Against it — 2 flags
Debt has risen relative to assets every year for three years.
Analysts have been cutting more than raising this quarter.

Read off the statements over three years, not from any view about the company's prospects. What the numbers cannot tell you is whether management already has an answer.

The 12 criteria

Valuation

  • Cheaper than sector peers
  • EV/EBIT under 15
  • Free cash flow yield over 5%

Quality

  • ROIC over 10%
  • Operating margin over 10%
  • Gross profit over 20% of assets
  • Piotroski F-Score 7 or better

Balance sheet

  • Net debt under 2.5x EBITDA
  • Altman Z above 2.6
  • Free cash flow positive

Direction

  • Revenue growing over three years
  • Analyst revisions not negative
Why it's cheap

EV/EBIT of 12.1 against a Technology median of 26.9 — 55% below peers. Free cash flow yield 9.0%. Trading 60% below its all-time high set 2021-11-19.

Size of the gap

At the Technology median EV/EBIT of 26.9 instead of its current 12.1, and with earnings unchanged, the equity would be worth about 122% more. That is the size of the gap, not a forecast that it closes.

Business still intact
  • ROIC 63% — still earning above a plausible cost of capital
  • free cash flow positive
  • Piotroski F-Score 7/9 — accounts improving year on year
  • revenue compounding at 11% over three years
  • net debt 0.0x EBITDA — balance sheet not forcing anything
What this can't see
  • Why the market is discounting this — needs the filings and the news
  • Whether earnings are about to fall and justify the current multiple
  • Data warnings on this row — see caveats below
What the sell side says

Consensus hold from 34 analysts, mean target 269.72 USD, 2% below the current price. Revisions over the last quarter have been net negative — the sell side is marking this down.

Targets spread 70% of the mean — analysts disagree sharply, and consensus loses its information content when they do.

Trading 2% above the consensus target — the sell side thinks it is expensive.

Price target levels are shown as context only and never feed the score. Targets are reached roughly half the time and the most optimistic ones tend to underperform. Revision direction is the part that carries information.

Data caveats
  • latest statements are 262 days old
PYPL NASDAQ
PayPal Holdings, Inc.
Financial Services
Price
60.99 USD
P/E
10.0
EV/EBIT
7.7
Worst fall
87.3%
Volatility
38.5%
Below high
80.1%
+57% / -37% 1.5:1

Up: at the Financial Services median multiple. Down: re-rating to the sector's cheapest quintile (4.8x). Both are arithmetic on today's earnings — neither is a probability.

What you'd be betting onThe case rests on earnings holding and the multiple normalising. The question the numbers cannot answer is why the market disagrees — that is in the filings and the news.
Strong case 10/12

Most of what can be measured checks out

Fallen, business intactCheap and healthy
The 12 criteria

Valuation

  • Cheaper than sector peers
  • EV/EBIT under 15
  • Free cash flow yield over 5%

Quality

  • ROIC over 10%
  • Operating margin over 10%
  • Gross profit over 20% of assets
  • Piotroski F-Score 7 or better

Balance sheet

  • Net debt under 2.5x EBITDA
  • Altman Z above 2.6
  • Free cash flow positive

Direction

  • Revenue growing over three years
  • Analyst revisions not negative
Why it's cheap

EV/EBIT of 7.7 against a Financial Services median of 9.5 — 19% below peers. Free cash flow yield 10.7%. Trading 80% below its all-time high set 2021-07-23.

Size of the gap

At the Financial Services median EV/EBIT of 9.5 instead of its current 7.7, and with earnings unchanged, the equity would be worth about 23% more. That is the size of the gap, not a forecast that it closes.

Business still intact
  • ROIC 28% — still earning above a plausible cost of capital
  • free cash flow positive
  • Piotroski F-Score 9/9 — accounts improving year on year
  • revenue compounding at 6% over three years
  • net debt -0.1x EBITDA — balance sheet not forcing anything
What this can't see
  • Why the market is discounting this — needs the filings and the news
  • Whether earnings are about to fall and justify the current multiple
  • Data warnings on this row — see caveats below
What the sell side says

Consensus hold from 33 analysts, mean target 59.68 USD, 2% below the current price. Revisions over the last quarter have been net positive, which is the part of analyst output the evidence actually supports.

Targets spread 187% of the mean — analysts disagree sharply, and consensus loses its information content when they do.

Trading 2% above the consensus target — the sell side thinks it is expensive.

Price target levels are shown as context only and never feed the score. Targets are reached roughly half the time and the most optimistic ones tend to underperform. Revision direction is the part that carries information.

Data caveats
  • latest statements are 231 days old
NICE NASDAQ
NICE Ltd.
Technology
Price
100.62 USD
P/E
9.6
EV/EBIT
7.9
Worst fall
93.2%
Volatility
44.2%
Below high
68.1%
+253% / -24% over 5:1

Up: at the Technology median multiple. Down: EBIT falling 25% at today's multiple. Both are arithmetic on today's earnings — neither is a probability.

What you'd be betting onThe case rests on earnings holding and the multiple normalising. The question the numbers cannot answer is why the market disagrees — that is in the filings and the news.
Strong case 11/12

Most of what can be measured checks out

Fallen, business intactCheap and healthy
The 12 criteria

Valuation

  • Cheaper than sector peers
  • EV/EBIT under 15
  • Free cash flow yield over 5%

Quality

  • ROIC over 10%
  • Operating margin over 10%
  • Gross profit over 20% of assets
  • Piotroski F-Score 7 or better

Balance sheet

  • Net debt under 2.5x EBITDA
  • Altman Z above 2.6
  • Free cash flow positive

Direction

  • Revenue growing over three years
  • Analyst revisions not negative
Why it's cheap

EV/EBIT of 7.9 against a Technology median of 26.9 — 71% below peers. Free cash flow yield 11.2%. Trading 68% below its all-time high set 2021-11-15.

Size of the gap

At the Technology median EV/EBIT of 26.9 instead of its current 7.9, and with earnings unchanged, the equity would be worth about 228% more. That is the size of the gap, not a forecast that it closes.

Business still intact
  • ROIC 17% — still earning above a plausible cost of capital
  • free cash flow positive
  • revenue compounding at 11% over three years
  • net debt -0.4x EBITDA — balance sheet not forcing anything
  • Altman Z 4.9 — outside the distress zone
What this can't see
  • Why the market is discounting this — needs the filings and the news
  • Whether earnings are about to fall and justify the current multiple
  • Data warnings on this row — see caveats below
What the sell side says

Consensus buy from 13 analysts, mean target 125.85 USD, 25% above the current price. Revisions over the last quarter are balanced.

Targets spread 56% of the mean — analysts disagree sharply, and consensus loses its information content when they do.

Price target levels are shown as context only and never feed the score. Targets are reached roughly half the time and the most optimistic ones tend to underperform. Revision direction is the part that carries information.

Data caveats
  • latest statements are 231 days old
ERIC NASDAQ
Telefonaktiebolaget LM Ericsson (publ)
Technology
Price
10.21 SEK
P/E
1.2
EV/EBIT
0.4
Worst fall
98.6%
Volatility
44.4%
Below high
86.0%

No two-sided case — see the bet below.

What you'd be betting onImplied upside of 3507% is too large to trust. At this size the likeliest explanations are a data error or earnings that are about to fall, not an opportunity the market missed. Verify EBIT and market cap against the filings before reading anything else here.
Strong case 9/11

Most of what can be measured checks out

Cheap and healthy
Against it — 1 flag
Revenue has declined every year for three years.

Read off the statements over three years, not from any view about the company's prospects. What the numbers cannot tell you is whether management already has an answer.

The 11 criteria

Valuation

  • Cheaper than sector peers
  • EV/EBIT under 15
  • Free cash flow yield over 5%

Quality

  • ROIC over 10%
  • Operating margin over 10%
  • Gross profit over 20% of assets
  • Piotroski F-Score 7 or better

Balance sheet

  • Net debt under 2.5x EBITDA
  • Altman Z above 2.6
  • Free cash flow positive

Direction

  • Revenue growing over three years
  • Analyst revisions not negative
Why it's cheap

EV/EBIT of 0.4 against a Technology median of 26.9 — 99% below peers. Free cash flow yield 180.0%. Trading 86% below its all-time high set 2000-03-03.

Size of the gap

At the Technology median EV/EBITDA of 19.1 instead of its current 0.3, and with earnings unchanged, the equity would be worth about n/a more. That is the size of the gap, not a forecast that it closes.

Business still intact
  • ROIC 33% — still earning above a plausible cost of capital
  • free cash flow positive
  • Piotroski F-Score 8/9 — accounts improving year on year
  • net debt -0.3x EBITDA — balance sheet not forcing anything
  • operating margin 17%
What this can't see
  • Why the market is discounting this — needs the filings and the news
  • Whether earnings are about to fall and justify the current multiple
  • Data warnings on this row — see caveats below
What the sell side says

mean target 9.67 SEK, 5% below the current price. No revision activity in the last quarter.

Targets spread 35% of the mean — analysts disagree sharply, and consensus loses its information content when they do.

Trading 5% above the consensus target — the sell side thinks it is expensive.

Price target levels are shown as context only and never feed the score. Targets are reached roughly half the time and the most optimistic ones tend to underperform. Revision direction is the part that carries information.

Data caveats
  • latest statements are 231 days old
  • EV/EBIT below 1 — almost always a data error, not a bargain
CARG NASDAQ
CarGurus, Inc.
Consumer Cyclical
Price
37.08 USD
P/E
21.2
EV/EBIT
13.5
Worst fall
78.7%
Volatility
50.5%
Below high
33.7%
+45% / -25% 1.8:1

Up: at the Consumer Cyclical median multiple. Down: EBIT falling 25% at today's multiple. Both are arithmetic on today's earnings — neither is a probability.

What you'd be betting onThe case rests on earnings holding and the multiple normalising. The question the numbers cannot answer is why the market disagrees — that is in the filings and the news.
Strong case 10/11

Most of what can be measured checks out

Growing, not yet priced for it
Against it — 1 flag
Debt has risen relative to assets every year for three years.

Read off the statements over three years, not from any view about the company's prospects. What the numbers cannot tell you is whether management already has an answer.

The 11 criteria

Valuation

  • Cheaper than sector peers
  • EV/EBIT under 15
  • Free cash flow yield over 5%

Quality

  • ROIC over 10%
  • Operating margin over 10%
  • Gross profit over 20% of assets
  • Piotroski F-Score 7 or better

Balance sheet

  • Net debt under 2.5x EBITDA
  • Altman Z above 2.6
  • Free cash flow positive

Direction

  • Revenue growing over three years
  • Analyst revisions not negative
Why it's cheap

EV/EBIT of 13.5 against a Consumer Cyclical median of 18.6 — 27% below peers. Free cash flow yield 8.1%. Trading 34% below its all-time high set 2018-09-27.

Size of the gap

At the Consumer Cyclical median EV/EBIT of 18.6 instead of its current 13.5, and with earnings unchanged, the equity would be worth about 38% more. That is the size of the gap, not a forecast that it closes.

Business still intact
  • ROIC 51% — still earning above a plausible cost of capital
  • free cash flow positive
  • Piotroski F-Score 7/9 — accounts improving year on year
  • net debt 0.0x EBITDA — balance sheet not forcing anything
  • Altman Z 10.6 — outside the distress zone
What this can't see
  • Why the market is discounting this — needs the filings and the news
  • Whether earnings are about to fall and justify the current multiple
  • Data warnings on this row — see caveats below
What the sell side says

Consensus buy from 12 analysts, mean target 41.50 USD, 12% above the current price. No revision activity in the last quarter.

Price target levels are shown as context only and never feed the score. Targets are reached roughly half the time and the most optimistic ones tend to underperform. Revision direction is the part that carries information.

Data caveats
  • latest statements are 231 days old
ETOR NASDAQ
eToro Group Ltd.
Financial Services
Price
29.16 USD
P/E
10.7
EV/EBIT
3.7
Worst fall
67.4%
Volatility
60.8%
Below high
61.6%
+108% / -12% over 5:1

Up: at the Financial Services median multiple. Down: EBIT falling 25% at today's multiple. Both are arithmetic on today's earnings — neither is a probability.

What you'd be betting onThe case rests on earnings holding and the multiple normalising. The question the numbers cannot answer is why the market disagrees — that is in the filings and the news.
Strong case 9/11

Most of what can be measured checks out

Growing, not yet priced for it
The 11 criteria

Valuation

  • Cheaper than sector peers
  • EV/EBIT under 15
  • Free cash flow yield over 5%

Quality

  • ROIC over 10%
  • Operating margin over 10%
  • Gross profit over 20% of assets
  • Piotroski F-Score 7 or better

Balance sheet

  • Net debt under 2.5x EBITDA
  • Altman Z above 2.6
  • Free cash flow positive

Direction

  • Revenue growing over three years
  • Analyst revisions not negative
Why it's cheap

EV/EBIT of 3.7 against a Financial Services median of 9.5 — 61% below peers. Free cash flow yield 28.5%. Trading 62% below its all-time high set 2025-06-09.

Size of the gap

At the Financial Services median EV/EBIT of 9.5 instead of its current 3.7, and with earnings unchanged, the equity would be worth about 74% more. That is the size of the gap, not a forecast that it closes.

Business still intact
  • ROIC 144% — still earning above a plausible cost of capital
  • free cash flow positive
  • revenue compounding at 30% over three years
  • net debt -4.0x EBITDA — balance sheet not forcing anything
  • Altman Z 12.8 — outside the distress zone
What this can't see
  • Why the market is discounting this — needs the filings and the news
  • Whether earnings are about to fall and justify the current multiple
  • Data warnings on this row — see caveats below
What the sell side says

Consensus buy from 14 analysts, mean target 49.79 USD, 71% above the current price. No revision activity in the last quarter.

Targets spread 110% of the mean — analysts disagree sharply, and consensus loses its information content when they do.

Implied upside of 71% is unusually high. The evidence runs the other way here: stocks with the most optimistic targets tend to underperform, because the optimism bias is real and priced-in slowly. Read this as a caution, not an opportunity.

Price target levels are shown as context only and never feed the score. Targets are reached roughly half the time and the most optimistic ones tend to underperform. Revision direction is the part that carries information.

Data caveats
  • only 319 days of price history — drawdown vs high is unreliable
  • latest statements are 231 days old
ACGL NASDAQ
Arch Capital Group Ltd.
Financial Services
Price
98.75 USD
P/E
7.7
EV/EBIT
4.8
Worst fall
54.7%
Volatility
28.9%
Below high
9.6%
+112% / -18% over 5:1

Up: at the Financial Services median multiple. Down: EBIT falling 25% at today's multiple. Both are arithmetic on today's earnings — neither is a probability.

What you'd be betting onThe case rests on earnings holding and the multiple normalising. The question the numbers cannot answer is why the market disagrees — that is in the filings and the news.
Strong case 7/8

Most of what can be measured checks out

Cheap and healthy
The 8 criteria

Valuation

  • Cheaper than sector peers
  • EV/EBIT under 15
  • Free cash flow yield over 5%

Quality

  • ROIC over 10%
  • Operating margin over 10%
  • Gross profit over 20% of assets
  • Piotroski F-Score 7 or better

Balance sheet

  • Net debt under 2.5x EBITDA
  • Altman Z above 2.6
  • Free cash flow positive

Direction

  • Revenue growing over three years
  • Analyst revisions not negative
Why it's cheap

EV/EBIT of 4.8 against a Financial Services median of 9.5 — 49% below peers. Free cash flow yield 24.7%.

Size of the gap

At the Financial Services median EV/EBIT of 9.5 instead of its current 4.8, and with earnings unchanged, the equity would be worth about 71% more. That is the size of the gap, not a forecast that it closes.

Business still intact
  • ROIC 28% — still earning above a plausible cost of capital
  • free cash flow positive
  • revenue compounding at 26% over three years
  • operating margin 27%
What this can't see
  • Why the market is discounting this — needs the filings and the news
  • Whether earnings are about to fall and justify the current multiple
  • Data warnings on this row — see caveats below
What the sell side says

Consensus buy from 19 analysts, mean target 111.87 USD, 13% above the current price. No revision activity in the last quarter.

Price target levels are shown as context only and never feed the score. Targets are reached roughly half the time and the most optimistic ones tend to underperform. Revision direction is the part that carries information.

Data caveats
  • latest statements are 231 days old
NTES NASDAQ
NetEase, Inc.
Communication Services
Price
126.00 CNY
P/E
2.4
EV/EBIT
-2.1
Worst fall
96.4%
Volatility
55.8%
Below high
19.3%

No two-sided case — see the bet below.

What you'd be betting onNot enough peer data to price a downside — treat the upside figure as unbounded on the wrong side.
Strong case 9/9

Most of what can be measured checks out

Cheap and healthy
The 9 criteria

Valuation

  • Cheaper than sector peers
  • EV/EBIT under 15
  • Free cash flow yield over 5%

Quality

  • ROIC over 10%
  • Operating margin over 10%
  • Gross profit over 20% of assets
  • Piotroski F-Score 7 or better

Balance sheet

  • Net debt under 2.5x EBITDA
  • Altman Z above 2.6
  • Free cash flow positive

Direction

  • Revenue growing over three years
  • Analyst revisions not negative
Why it's cheap

P/E of 2.4 against a Communication Services median of 14.9 — 84% below peers.

Size of the gap

No usable re-rating gap: the multiple is at or above its sector median, or the inputs were missing.

Business still intact
  • ROIC 692% — still earning above a plausible cost of capital
  • free cash flow positive
  • Piotroski F-Score 7/9 — accounts improving year on year
  • revenue compounding at 5% over three years
  • net debt -4.1x EBITDA — balance sheet not forcing anything
What this can't see
  • Why the market is discounting this — needs the filings and the news
  • Whether earnings are about to fall and justify the current multiple
  • Data warnings on this row — see caveats below
What the sell side says

Consensus strong buy from 32 analysts, mean target 162.02 CNY, 29% above the current price. No revision activity in the last quarter.

Targets spread 42% of the mean — analysts disagree sharply, and consensus loses its information content when they do.

Price target levels are shown as context only and never feed the score. Targets are reached roughly half the time and the most optimistic ones tend to underperform. Revision direction is the part that carries information.

Data caveats
  • latest statements are 231 days old
PEGA NASDAQ
Pegasystems Inc.
Technology
Price
33.73 USD
P/E
14.1
EV/EBIT
18.4
Worst fall
94.8%
Volatility
64.4%
Below high
53.4%
+54% / -27% 2.0:1

Up: at the Technology median multiple. Down: re-rating to the sector's cheapest quintile (13.2x). Both are arithmetic on today's earnings — neither is a probability.

What you'd be betting onThe case rests on current earnings estimates, and analysts have been cutting them. The bet is that the cuts are finished.
Strong case 10/12

Most of what can be measured checks out

Fallen, business intact
Against it — 1 flag
Analysts have been cutting more than raising this quarter.

Read off the statements over three years, not from any view about the company's prospects. What the numbers cannot tell you is whether management already has an answer.

The 12 criteria

Valuation

  • Cheaper than sector peers
  • EV/EBIT under 15
  • Free cash flow yield over 5%

Quality

  • ROIC over 10%
  • Operating margin over 10%
  • Gross profit over 20% of assets
  • Piotroski F-Score 7 or better

Balance sheet

  • Net debt under 2.5x EBITDA
  • Altman Z above 2.6
  • Free cash flow positive

Direction

  • Revenue growing over three years
  • Analyst revisions not negative
Why it's cheap

EV/EBIT of 18.4 against a Technology median of 26.9 — 32% below peers. Free cash flow yield 9.4%. Trading 53% below its all-time high set 2021-02-12.

Size of the gap

At the Technology median EV/EBIT of 26.9 instead of its current 18.4, and with earnings unchanged, the equity would be worth about 43% more. That is the size of the gap, not a forecast that it closes.

Business still intact
  • ROIC 51% — still earning above a plausible cost of capital
  • free cash flow positive
  • Piotroski F-Score 8/9 — accounts improving year on year
  • revenue compounding at 10% over three years
  • net debt -1.1x EBITDA — balance sheet not forcing anything
What this can't see
  • Why the market is discounting this — needs the filings and the news
  • Whether earnings are about to fall and justify the current multiple
  • Data warnings on this row — see caveats below
What the sell side says

Consensus buy from 9 analysts, mean target 42.98 USD, 27% above the current price. Revisions over the last quarter have been net negative — the sell side is marking this down.

Targets spread 81% of the mean — analysts disagree sharply, and consensus loses its information content when they do.

Price target levels are shown as context only and never feed the score. Targets are reached roughly half the time and the most optimistic ones tend to underperform. Revision direction is the part that carries information.

Data caveats
  • latest statements are 231 days old
VRSK NASDAQ
Verisk Analytics, Inc.
Industrials
Price
185.40 USD
P/E
26.7
EV/EBIT
20.1
Worst fall
50.8%
Volatility
23.0%
Below high
41.7%
+12% / -53% 0.2:1

Up: at the Industrials median multiple. Down: re-rating to the sector's cheapest quintile (10.5x). Both are arithmetic on today's earnings — neither is a probability.

What you'd be betting onThe case rests on earnings holding and the multiple normalising. The question the numbers cannot answer is why the market disagrees — that is in the filings and the news.
Strong case 10/12

Most of what can be measured checks out

Fallen, business intact
Against it — 1 flag
Debt has risen relative to assets every year for three years.

Read off the statements over three years, not from any view about the company's prospects. What the numbers cannot tell you is whether management already has an answer.

The 12 criteria

Valuation

  • Cheaper than sector peers
  • EV/EBIT under 15
  • Free cash flow yield over 5%

Quality

  • ROIC over 10%
  • Operating margin over 10%
  • Gross profit over 20% of assets
  • Piotroski F-Score 7 or better

Balance sheet

  • Net debt under 2.5x EBITDA
  • Altman Z above 2.6
  • Free cash flow positive

Direction

  • Revenue growing over three years
  • Analyst revisions not negative
Why it's cheap

EV/EBIT of 20.1 against a Industrials median of 21.2 — 5% below peers. Trading 42% below its all-time high set 2025-06-04.

Size of the gap

At the Industrials median EV/EBIT of 21.2 instead of its current 20.1, and with earnings unchanged, the equity would be worth about 6% more. That is the size of the gap, not a forecast that it closes.

Business still intact
  • ROIC 34% — still earning above a plausible cost of capital
  • free cash flow positive
  • Piotroski F-Score 7/9 — accounts improving year on year
  • revenue compounding at 7% over three years
  • net debt 1.6x EBITDA — balance sheet not forcing anything
What this can't see
  • Why the market is discounting this — needs the filings and the news
  • Whether earnings are about to fall and justify the current multiple
  • Data warnings on this row — see caveats below
What the sell side says

Consensus buy from 17 analysts, mean target 237.71 USD, 28% above the current price. Revisions over the last quarter have been net positive, which is the part of analyst output the evidence actually supports.

Price target levels are shown as context only and never feed the score. Targets are reached roughly half the time and the most optimistic ones tend to underperform. Revision direction is the part that carries information.

Data caveats
  • latest statements are 231 days old