Completed first cut at analysis of change in estimate revision impact on intrinsic value. The purpose of the module is to examine if there is a large disconnect between change in market price and price implied by a change in fundamentals.

Screen of DCF is below. Our analysis takes a “theoretical” estimate revision on our base case values. We do this by reducing the size of base case revenue on a proportional basis to revision implied by Wall Street consensus. Then we extract change in growth rate implied, as well as change in margin, and impact our base case accordingly.

Planned analysis to build on this is follows:

• Analysis of business model fundamentals and compare potential estimates vs. current estimates (ideally, we’re examining companies with broken models, selecting companies that are fundamentally dislodged in price)
• On our larger data set, analyze change in implied perpetuity growth and resultant implied terminal profitability
• Need to build in dynamic Perpetuity Growth
• Build infrastructure to feed tech names; start analyzing fundamental tech dislocations