Valuation ceiling, thesis breaks, Berkshire-style scorecard, intrinsic value, and more.
Fundamental analysis evaluates a stock by examining the business: earnings quality, competitive moat, management, and valuation. Balance Labs scores every ticker using a Berkshire-style fundamentals desk.
Five steps: (1) score business quality, (2) compute earnings power, (3) set valuation ceiling, (4) write thesis breaks, (5) check timing. Balance Labs automates this for 753 tickers.
The maximum price you should pay given earnings power. Above it, the thesis needs new information. Balance Labs computes it using two-stage earnings-power method.
Measurable conditions that would falsify your investment case. Written before buying, they turn 'it dropped, should I sell?' into a checklist. Balance Labs pre-fills them for every ticker.
Use a two-stage earnings-power method: normalize earnings, apply growth, discount at hurdle rate, subtract margin of safety. Balance Labs' free calculator walks you through it.
Fundamental = what to buy (earnings, moat, management). Technical = when to buy (patterns). Balance Labs combines both: fundamentals desk for 'what', STM Screener for 'when'.