About

Who's behind the math

TickerMath is designed, built, and maintained by Anthony Powers. One person, one standard: no number on this site that you can't check yourself.

Most "fair value" numbers come with the work hidden — analyst targets, consensus estimates, adjustments nobody explains. I wanted the opposite: a number built in the open, starting from a company's own SEC 10-K and 10-Q filings, carried through arithmetic anyone can follow, landing on one answer. Every company gets the same method, never tuned to flatter a name, and every read states the date of the price it used. When something's wrong, it gets fixed — if you spot a discrepancy, I want to hear about it.

I'm not a Registered Investment Adviser or a licensed broker-dealer, and nothing here is investment advice or a recommendation to buy or sell anything. TickerMath does the math and shows its work; what you do with the answer is yours. The full method, including where the model is simple by design and where it can be wrong, is on the Methodology page.

Corrections, questions, a number that looks wrong — write to [email protected].

TickerMath is an educational tool, not investment advice — it computes one model from SEC filings and can be wrong. How we compute this →