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@@ -22,7 +22,7 @@ <li><strong>Overview</strong> — Price chart (1M / 3M / 6M / 1Y / 5Y), key stats (market cap, P/E, 52W range, beta)</li> <li><strong>Financials</strong> — Annual and quarterly Income Statement, Balance Sheet, and Cash Flow Statement with year-over-year % change columns</li> <li><strong>Valuation</strong> — Key ratios grid (P/E, EV/EBITDA, margins, ROE, etc.), interactive DCF model with adjustable WACC and growth rate, comparable companies table</li> -<li><strong>News</strong> — Recent articles with Bullish / Bearish / Neutral sentiment badges and a 7-day sentiment summary</li> +<li><strong>News</strong> — Recent articles with heuristic Bullish / Bearish / Neutral tags and a 7-day sentiment summary</li> </ul> <hr /> <h2>Setup</h2> @@ -80,7 +80,7 @@ streamlit run app.py </code></pre> <hr /> <h2>DCF Model Notes</h2> -<p>The DCF model uses <strong>5 years of historical Free Cash Flow</strong> from yfinance to compute an average growth rate, then projects forward using your chosen assumptions:</p> +<p>The DCF model uses historical <strong>Free Cash Flow</strong> from yfinance, computes a capped median growth rate from valid positive-FCF periods, and then projects forward using your chosen assumptions:</p> <table> <thead> <tr> @@ -107,7 +107,7 @@ streamlit run app.py </tr> </tbody> </table> -<p>The model uses the <strong>Gordon Growth Model</strong> for terminal value. Intrinsic value per share is compared against the current market price to show upside/downside.</p> +<p>The model uses the <strong>Gordon Growth Model</strong> for terminal value. It first estimates <strong>enterprise value</strong>, then bridges to <strong>equity value</strong> using debt and cash before calculating value per share. Terminal growth must remain below WACC.</p> <hr /> <h2>API Rate Limits</h2> <table> |
