For every S&P 500 operating company: the annual revenue growth its price demands — the five-year growth that makes a standardized DCF (flat 9% discount rate, the filed margin and reinvestment, 2.5% terminal growth) equal the last close — beside the growth it reported last fiscal year and the gap between them. Sealed every night with a SHA-256 receipt in QL Rewind, and graded once the company reports the next fiscal year. Consensus tells you what analysts hope; this tells you what the price demands, and keeps score.
Loading… |
The number. For each name, the constant annual revenue growth over five years that makes a standardized discounted-cash-flow value equal the last close. It is a model, not a forecast — the growth the price demands, not the growth anyone expects. Standardization. Only growth is solved. Every other input is fixed by rule and printed on the row: the filed GAAP operating margin (floored at 1%, capped at 75%), capex less depreciation as reinvestment (0–30%), 21% tax, 2.5% terminal growth, a flat 9% discount rate, zero net debt, filed diluted shares. Rules are frozen per engine version. Not modelled. Banks, insurers, REITs and the rest of the financial complex; names whose standardized model has no positive cash flow; prices that would need growth outside the −30% to +80% window — all listed with the reason, never clamped to a bound. Sealing. Each nightly cross-section is trimmed to a stable shape, hashed and chained into QL Rewind; the hash in the tile is the receipt. Grading. A name-year is graded once the company reports the following fiscal year: realized growth minus the median growth its price demanded across every sealed day of the baseline year, attributed to the decile held at the first seal. Metric. Headline numbers are average realized-minus-demanded gaps by decile; no hit rate is quoted. Argue with it. Every citation opens in QL Expectations with the same baseline, where every assumption is yours to change.
Not investment advice. QL Priced-In is a standardized yardstick derived from public filings and closing prices; it is not a fair value, a target or a recommendation. Citations are free with attribution to QuantLogix; systematic or commercial use requires an API plan.
For every S&P 500 operating company, the constant five-year revenue growth that makes a standardized discounted-cash-flow value equal the last close. Only growth is solved; every other input is fixed by rule and printed on the row: the filed GAAP operating margin, capex-less-depreciation reinvestment, 21% tax, 2.5% terminal growth, a flat 9% discount rate, filed diluted shares and zero net debt. Each nightly cross-section is sealed with a SHA-256 hash in QL Rewind.
A name-year is graded once the company reports the following fiscal year: realized revenue growth for FY+1 minus the median growth its price demanded across every sealed day of the baseline year. Names keep the decile they held at the first seal. The record reports the average realized-minus-demanded gap by decile, the median, and the share that delivered as a secondary field. No hit rate is quoted.
A revenue-based discounted-cash-flow model is the wrong tool for banks, insurers, REITs and the rest of the financial complex, so they are listed in a not-modelled bucket with the reason rather than priced with a misleading number. Names whose standardized model produces no positive cash flow, and prices that would need growth outside the −30% to +80% solver window, are listed the same way.
The summary, the census, the graded record, the methodology, any single ticker's citation and the top 25 rows of the board are public. The full board — every modelled name with its demanded growth, reported growth, gap, decile and inputs — is part of the Pro plan; the rest is withheld server-side, not hidden with CSS. Citations are free to quote with attribution; systematic use is the API plan.