Independent equity research
We tell you what a business is worth. And when to buy it.
We screen 5,500+ US-listed companies and publish a fair value, a price to buy at, and the reasoning behind both — Buffett-style, rebuilt nightly from filings and prices.
No card. The 25 largest US companies are open to everyone.
The evidence
We tested ourselves on 28 years of market history.
28
Years tested
1998–2025
25,050
Point-in-time valuations
1,500 biggest US stocks
+13.3 pts
Five-year gap
Cheap over expensive, typical stock
$14,470
From $10,000, five years
vs $13,140 for the ones called expensive
Across 25,050 valuations of the 1,500 biggest US stocks — including the ones that later failed — the companies our engine called cheap went on to beat the ones it called expensive by 13.3 points over five years for the typical stock. Hypothetical study results, not investment advice.
The output
One company. One number. One price.
Not a rating out of five. A fair value, the discount you're getting today, and the price we'd act at.
EXMPL
Example Manufacturing Co.
Fair value
$184.00
Price today
$171.40
Margin of safety
7%
Buy at
$156.40
“A durable, cash-generative franchise trading close to what it is worth — we want a wider discount before committing capital.”
Illustrative example — not a published verdict on a real security
We cover all 25of the largest US companies. Hover or tap any of them for our fair value, today’s price and the price we’d buy at — every one opens in full without an account.
How it works
Three steps, every night.
01
Screen every US-listed company against one fixed quality rubric.
02
Value the survivors with a deterministic engine — same math, every night.
03
Publish the price to buy at, and say so when the market reaches it.
The engine owns every calculation; the language model only reads filings. How we value a company →
What you get
Free to read. $25 to cover everything.
Free
$0
- The 25 largest US companies, memos in full
- Charts, fundamentals and every source cited
- A few companies of your own choosing with an account
Numora Pro
$25 / month
- Every company — no ticker limit
- Alerts when a name reaches its buy price
- Ask Numora — answers with charts and citations