Quantitative deep value
Six screens over the whole market, and the option chain to go with them.
NCAV, negative enterprise value, the Acquirer's Multiple, the Simple Way, a combined core-value gate and two LEAP strategies — run over live fundamentals, with every rule, threshold and failed test shown rather than hidden behind a score.
No card to start. One credit runs one scan; reading results is free.
The screens
Each is a named rule set, not a proprietary blend. You can see every rule it applies and change every number it applies.
NCAV
Net current asset value is current assets minus every liability. When it exceeds the market cap, the market is handing you the working capital and charging nothing for the business attached to it. The liquidity and leverage rules exist so that discount survives long enough to close.
Negative EV
Enterprise value is market cap plus debt minus cash. Below zero, the cash net of debt exceeds what the shares cost — you are paid to take the operating company. The price/sales and liquidity rules are there to make sure there is a business attached and that the cash is genuinely available.
Acquirer's Multiple
EV/EBITDA is what an acquirer of the entire business pays for its operating earnings. It is used instead of P/E because it is indifferent to how the company is financed — debt and cash are already in the numerator. The screen adds conservative leverage and a share count that is not growing.
Simple Way
Profitable, cheap on earnings and on book, funded mostly by equity rather than creditors, and yielding above the market. The dividend is the point: a slow re-rating is far easier to sit through when the position pays you for the wait.
Core Deep Value
The combined gate: cheap on NCAV, book, sales, EBITDA and EBIT simultaneously, generating real operating and free cash flow, unlevered, not diluting, with gross margin stable or improving — and with at least one catalyst the numbers can actually see. Deliberately strict. The near-miss list is usually where the interesting names are.
LEAP (Value)
The fundamental gate before any option is priced: far enough below a conservative fair value that a long call has room to work, profitable, unlevered and liquid enough to still be here at expiry. Only names that clear this gate have their chains pulled and their contracts scored.
LEAP (Growth)
Not a cheap balance sheet reverting to book, but a business growing fast enough — on trailing and forward revenue, on forward EPS, at a gross margin that shows pricing power — to reprice the stock before the call expires, bought at a growth-adjusted valuation that does not already assume it.
From a universe to a written thesis, in three steps
A short, deliberate workflow. Nothing between the raw fundamentals and your judgement is hidden.
Choose a screen and a universe
Pick one of the seven rule sets, bound the universe by market cap and average volume, and exclude the sectors or countries you will not own. One credit runs one scan.
Read the passes and the near misses
Every rule comes back with the value it was tested against, pass or fail. Companies that missed by one or two rules are listed with exactly what they failed and by how much.
Write the note, keep the run
Generate an analyst note built only from that scan's output — what carries the thesis, what contradicts it, what would falsify it. The run and the note are saved to your account.
A screener that shows its working
A statistical screen is the beginning of the work, not the end. So the output is built to be argued with: what passed, what nearly passed, what the data says about why it is cheap, and what you still have to read the filings to find out.
- Every rule shown with its actual value, pass or fail — never a black-box score
- Near misses listed with what they failed and by how much
- Every threshold tunable, with hints for what would admit more names
- Risk flags and special situations surfaced from the numbers
- Analyst notes written from the screen output, saved to your account
Simple pricing
One credit per scan. Credits never expire.
Analyst
60 scans a month
Professional
250 scans a month
Desk
1,000 scans a month
Five scans, no card.
Run a screen, open a company, read the rules it passed and the ones it did not. Decide afterwards whether it is worth paying for.
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