Stock valuation calculator · free · cited to SEC filings
AI valuation agent — every input cited to the filing
A stock valuation calculator that shows its work: intrinsic value from the filings, as a range
Type a ticker into three stock valuation calculators and you get three different fair values — and none of them shows the inputs. EvidInvest computes intrinsic value from the company’s own SEC filings with seven independent methods, shows the range they agree on, and links every input to the 10-K line it came from. A valuation agent, in other words — one that shows its inputs instead of asking you to trust a number.
No account, no card, no trial. Sign-up is optional and adds alerts and saved work.
Why three sites give you three fair values
A single fair value is not a fact. It is the output of assumptions — a growth rate, a discount rate, which earnings figure, which share count — and a site that hides them is asking you to trust a number you cannot check.
One number hides the assumptions
Change the discount rate by one point and a DCF moves 20–30%. If you cannot see the rate, you cannot tell whether the number is careful or careless.
One number reads as a verdict
A “fair value” next to a price looks like a buy or sell signal. Analysts do not work that way: they hold a range and ask which methods agree.
One number has no source
Was the EPS diluted or basic? Trailing or forward? From the 10-K or a data vendor’s estimate? Without the filing behind it, you are valuing a rumour.
How the range is built
We don’t tell you what a stock is worth. We show what today’s price implies for each method’s key assumption; you decide if that assumption is reasonable, and the range you build is yours. Filed inputs in, seven methods, nothing estimated by hand and nothing hidden.
01 · Inputs from the filing
Revenue, diluted EPS, free cash flow, shares
Read from the company’s latest 10-K or 10-Q as filed with the SEC (20-F and 40-F for foreign filers). Each figure is shown with the form, period and filing date, and links to the document on sec.gov.
02 · Several methods, not one
Seven independent estimates
A DCF and a growth-trajectory DCF, P/E and P/B against the sector median, EV/EBITDA, EV/FCF, the Graham Number and Earnings Power Value. Each is weighted by how much it is trusted for that sector — and the weight is shown.
03 · A range, with agreement
Bear · base · bull
The 25th, 50th and 75th percentile of the methods that produced a usable estimate, plus how many of them agree and a confidence label. Prices are Cboe, 15-minute delayed, and every price says so.
04 · The price, reversed
What today’s quote implies for each method’s key assumption
Every method is a tab, and every tab opens with the model run backwards: at $319.70 Apple’s price implies a P/E of 36.7×, a stated EV/EBITDA multiple, a stated free-cash-flow yield, a stated growth rate. That is the market’s assumption, stated plainly — not ours.
05 · You set the assumptions
Move the slider to what you find reasonable; the range becomes yours
Start from the implied number in one click, or from the company’s own 1, 3, 5 and 10-year filed CAGRs. Move any slider and all seven methods recompute into your range, next to the range our presets produce. A neutral line states where your input sits relative to the implied one and what that does to the value. Your settings live in the page URL, so a range can be shared.
Apple’s growth presets, from its filings
The chips the P/E growth tab offers for AAPL today, next to the rate the price itself implies. The preset is EvidInvest’s long-run rate from the filed trajectory — filed history and a reference setting, not a recommendation; the others are Apple’s own EPS compound growth over each window. Which one is right is your call — that is the point. The growth matrix and the AI chat are there to help you form the view.
- EvidInvest preset8.3%
- EPS CAGR, 1-year22.6%
- EPS CAGR, 3-year6.8%
- EPS CAGR, 5-year17.7%
- EPS CAGR, 10-year12.4%
- Customyou
The methods, and what each one is good for
Not every method fits every company. One that does not apply is shown as such on the page — never silently dropped.
- DCF — Projects free cash flow for the coming years and discounts it back to today. The most complete method, and the most sensitive to the growth and discount-rate assumptions.
- P/E vs sector — Trailing diluted EPS times the sector median P/E. What the stock would be worth if the market priced it like an average peer.
- Growth-trajectory DCF — A two-stage DCF that grows earnings at the company’s own EPS trend, then fades to the industry’s long-run rate.
- P/B vs sector — Sector median price-to-book times book value per share. Works for banks and asset-heavy businesses, says little about software.
- Graham Number — Benjamin Graham’s 1949 rule of thumb: √(22.5 × EPS × book value). It punishes asset-light companies, so it reads low for big tech.
- EV/EBITDA — Values the whole business at 10× EBITDA and divides by the share count. A mid-cycle industrial multiple; fast growers trade far above it.
- EV/FCF — 20× free cash flow per share, i.e. a 5% cash yield. Reads low for companies the market expects to keep growing.
- Earnings Power Value — Greenwald’s Earnings Power Value: what current earnings are worth if they never grow. Everything above it is what you pay for growth.
A live example, with the filing under it
Apple, from its latest filing, exactly as the valuation page shows it: what today’s price implies first, then how each method got its number, then the statement lines the methods were fed. The range our presets produce is the small print, not the headline.
Apple Inc. (AAPL)
Price $320.01 · Cboe · delayed 15 min · as of 20:32 ET
That price implies
- P/E
- 36.7×
- EPS growth
- 13.0%
- EV/EBITDA
- 32.9×
- FCF yield
- 2.9%
We don’t tell you what AAPL is worth. Each method on the page shows what today’s price implies for its key assumption — the P/E, the growth rate, the multiple — and you move it to what you find reasonable; the range you build is yours. See what AAPL’s price implies →
With preset inputs the methods land at $117 – $201 (presets are filed history and our reference settings, not a recommendation)
Source: 10-K FY2025, filed 2025-10-31
See how each method got its number →How each method got its number
Bear, base and bull are the 25th, 50th and 75th percentile of the methods that produced a usable estimate. Weights say how much a method is trusted for this sector; they do not change the range.
| Method | Estimate | vs price | Weight | Why this method |
|---|---|---|---|---|
Graham Number Low weight Benjamin Graham’s 1949 rule of thumb: √(22.5 × EPS × book value). It punishes asset-light companies, so it reads low for big tech. | $31 | -90% | Low weight | Benjamin Graham’s 1949 rule of thumb: √(22.5 × EPS × book value). It punishes asset-light companies, so it reads low for big tech. |
EV/EBITDA Medium weight Values the whole business at 10× EBITDA and divides by the share count. A mid-cycle industrial multiple; fast growers trade far above it. | $94 | -71% | Medium weight | Values the whole business at 10× EBITDA and divides by the share count. A mid-cycle industrial multiple; fast growers trade far above it. |
Growth-trajectory DCF Medium weight A two-stage DCF that grows earnings at the company’s own EPS trend, then fades to the industry’s long-run rate. Two-stage DCF using weighted EPS CAGR and industry median terminal rate | $141 | -56% | Medium weight | A two-stage DCF that grows earnings at the company’s own EPS trend, then fades to the industry’s long-run rate. |
Earnings Power Value Medium weight Greenwald’s Earnings Power Value: what current earnings are worth if they never grow. Everything above it is what you pay for growth. | $163 | -49% | Medium weight | Greenwald’s Earnings Power Value: what current earnings are worth if they never grow. Everything above it is what you pay for growth. |
EV/FCF Medium weight 20× free cash flow per share, i.e. a 5% cash yield. Reads low for companies the market expects to keep growing. | $182 | -43% | Medium weight | 20× free cash flow per share, i.e. a 5% cash yield. Reads low for companies the market expects to keep growing. |
P/E vs sector Medium weight Trailing diluted EPS times the sector median P/E. What the stock would be worth if the market priced it like an average peer. | $221 | -31% | Medium weight | Trailing diluted EPS times the sector median P/E. What the stock would be worth if the market priced it like an average peer. |
DCF High weight Projects free cash flow for the coming years and discounts it back to today. The most complete method, and the most sensitive to the growth and discount-rate assumptions. | $378 | +18% | High weight | Projects free cash flow for the coming years and discounts it back to today. The most complete method, and the most sensitive to the growth and discount-rate assumptions. |
P/B vs sector Low weight Sector median price-to-book times book value per share. Works for banks and asset-heavy businesses, says little about software. P/B comparable is optional for non-financial companies | No estimate | Low weight | Sector median price-to-book times book value per share. Works for banks and asset-heavy businesses, says little about software. | |
The filing behind these numbers
Apple Inc.- Revenue
- $416.2B
- Diluted EPS
- $7.46
- Free cash flow
- $98.8B
- operating cash flow − capital expenditure
- Diluted shares
- 15.00B
- weighted average
10-K FY2025 · fiscal year ended 2025-09-27 · filed 2025-10-31 · accession 0000320193-25-000079
Trailing-twelve-month EPS also uses the quarterly 10-Qs through Q3 FY2026 (filed 2026-07-31).
Open this filing on sec.govLive data, refreshed nightly. Open the full AAPL page to see the same numbers with the detailed models underneath.
Value a stock now
Any US-listed company with SEC filings. The page you land on is public — no account needed.
Want to set the growth and discount assumptions yourself? Use the free DCF calculator. Want a list instead of one ticker? Screen by valuation, then run fair value on the results.
What this calculator is not
- Not a buy or sell signal. A range above or below the price is a question to investigate, not an instruction. We never publish price targets.
- Not a forecast. The inputs are what the company filed, not what anyone hopes it will earn. Methods that do not credit future growth read low for fast growers — the method table says which ones, and why.
- Not for tips. If you want someone to tell you what to buy this week, this is the wrong site. If you want to know what the filings say a business is worth, it is the right one.
Free to use. An account is optional.
Everything above works without signing up. An account adds the things that need to remember you:
Watchlists
Keep up to 20 stocks and come back to the same ranges as filings update.
Thesis alerts
Write down why you own a stock; Thesis Monitor reads each new 10-Q and 10-K against it and flags what changed.
Written analyses
Longer, cited write-ups of a company on demand. These and the thesis checks draw on credits — Starter $10 = 360 credits, Plus $20 = 720, Pro $59 = 2,000 — by the tokens they use. Credits never expire, no subscription.
Questions people ask before they trust a number
- Is “fair value” the same as intrinsic value?
- We use them interchangeably: an estimate of what the business is worth per share from its own financials, independent of the current price. The range is the honest form of that estimate — several methods, each with different blind spots.
- Which filing are the numbers from?
- The latest annual (10-K) or quarterly (10-Q) statement in SEC EDGAR, 20-F or 40-F for foreign filers. The filing card on every page names the form, the period and the filing date and links to sec.gov.
- How often does it update?
- Statements, prices and models refresh nightly at 04:00 UTC. New filings appear the night after EDGAR publishes them.
- Why is the base estimate far below the price for some growth stocks?
- Because several of the methods (Graham Number, EPV, EV/FCF) value only what a company earns today and give no credit for growth. For a company the market prices on the next five years, those read low by design. That is why the page shows every method with its weight instead of one blended number — read the table, not the midpoint.
- Do you use analyst estimates?
- No. Fundamentals are financial statements — back to 1985, and linked to the SEC filing from 2009 on. There are no consensus numbers on the site.
EvidInvest never says buy or sell. It shows what the filings say and how each number was computed. Research, not investment advice.