Simply Wall St is a financial analysis and stock research platform that aims to make it easy for investors to evaluate and understand the financial performance of publicly-traded companies. The platform provides users with a wide range of financial data, including financial statements, key ratios, and company-specific news and analysis, all in one easy-to-use interface. In this Simply Wall St review, we’ll take a closer look at the features and capabilities of the platform, as well as its strengths and weaknesses, to help you decide if it’s the right tool for your investment research needs.
One of the key features of Simply Wall St is its easy-to-use interface. The platform is designed to be user-friendly and intuitive, making it easy for even novice investors to navigate and find the information they need. Users can search for any publicly-traded company by name or ticker symbol, and the platform will present them with a wealth of financial data, including financial statements, key ratios, and company-specific news and analysis. Additionally, users can create and save custom watchlists of companies they’re interested in, and receive alerts when key financial events occur.
Another key feature of Simply Wall St is the platform’s in-depth financial analysis. The platform uses a proprietary algorithm to analyze financial data and provide users with a comprehensive overview of a company’s financial performance. This includes data on a company’s revenue, earnings, cash flow, and more, as well as key financial ratios like P/E, P/B, and P/S. Additionally, the platform provides users with a 5-year financial forecast, which can be useful for making long-term investment decisions.
The company also provides a “Fair Value Analysis”, which is a report detailing the fair value of a stock by taking into account the future projections of the company along with various other factors such as; cash flow, growth prospects, etc. This is a proprietary model that helps investors understand the intrinsic value of a stock and whether it’s over or undervalued.
Simply Wall St also has a strong community aspect, users can share their own analysis on stocks, which can be useful for getting a different perspective on a company or industry. Additionally, the platform also features a “Company Comparison” tool which allows investors to compare a company’s financial performance with its industry peers.
A downside of Simply Wall St is that the financial data provided on the platform is delayed by 20 minutes. Additionally, it does not provide real-time market data, and some users have reported that the platform can be slow to load. It also does not offer a trading platform, so investors cannot make trades directly from the platform.
Pros of Simply Wall St:
- Provides a comprehensive analysis of a company’s financial performance, including a detailed breakdown of key financial metrics.
- Offers a visual representation of a company’s historical financial performance, which can make it easier to spot trends and patterns.
- Includes a “Fair Value Estimate” that predicts a company’s intrinsic value based on its financial performance.
- Offers a “Risk Rating” that helps users assess a company’s risk level.
Cons of Simply Wall St:
- The financial models used by the tool are based on historical data, and may not always accurately predict future performance.
- Some users may find the tool’s visualizations and financial analyses to be overwhelming or confusing.
- The platform relies on the accuracy of the financial data provided by the company and it may not always be up-to-date or complete.
- Simply Wall St is a paid service that requires a subscription to access all the most beneficial features.
What does Simply Wall St Cost?
Simply Wall St offers three levels of membership, Free, Premium, and Unlimited plans. Access to research reports, performance data and company reports is offered with the free plan. The Premium plan is $10/month and provides access to in-depth stock analysis, personalized portfolio recommendations, and alerts for key events in addition to the Free plan. The Unlimited plan, which costs $20/month, includes all features of the Premium plan, in addition to the ability to track an unlimited number of stocks and unlimited access to stock research reports. This provides flexibility for the investors to select the level of access and features that meet their needs.
In conclusion, Simply Wall St is a powerful financial analysis and stock research platform that can be a valuable tool for investors of all skill levels. The platform’s easy-to-use interface and in-depth financial analysis make it a great tool for evaluating the financial performance of publicly-traded companies. However, it is not a free service, and some users may find the delayed financial data and lack of real-time market data to be drawbacks. For the average retail investor, Simply Wall St may be a great resource for becoming a more knowledgeable and informed investor. Click here to start using Simply Wall St today!