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55/100
58Buffett
Eli Lilly Deep Value Research: A Great Company at Too High a Price
The tirzepatide platform has put Lilly at the top of the metabolic disease arena, but the $732 share price has already paid in advance for the next-generation pipeline and capacity expansion; a neutral DCF intrinsic value of only $560-680 leaves an insufficient margin of safety, making it better to wait for a pullback. Rating Watch: a great business whose current price gives long-term owners too little room for error.
44/100
76Buffett
Lockheed Martin: A Long-Term Owner's Perspective
The leading U.S. defense prime contractor, with F-35 accounting for 27% of 2025 sales and a year-end backlog of $193.6 billion. 2025 free cash flow was $6.9 billion. At the current $466 share price the stock sits within its fair-value band, but recurring program losses leave a thin margin of safety.
41/100
80Buffett
Lowe's: A Long-Term Owner's Perspective
The number-two U.S. home-improvement retailer, with FY2025 revenue of $86.29 billion, free cash flow of $7.65 billion, and ROIC of 26.1%. At the current price of $215.03, about 15.7x FCF, the stock sits within its fair-value band, but negative equity plus M&A that is reshaping the business boundary leaves the margin of safety unclear. Rating Watch: a good, understandable, cash-generative franchise, not a clearly undervalued bargain.
49/100
86Buffett
Mastercard Deep Value Investment Research
Mastercard is a global leader in two-sided payment networks, with a 60%+ operating margin and powerful network effects. At the current price of $498.54, its conservative FCF yield is only 3.8%, below the 10-year U.S. Treasury yield, leaving no obvious margin of safety. Report Rating Watch: a superior compounder that belongs high on the watchlist, but the current price does not yet offer a compelling conservative entry point.
46/100
75Buffett
McDonald's: A Long-Term Owner's Perspective
McDonald's is a high-quality franchising and real-estate platform with resilient cash flow. At about $282, the stock trades around 23x trailing earnings and sits in the upper half of a reasonable value range, leaving limited margin of safety. Rating Watch: a durable compounder worth owning for the long term, but not an obvious heavy-buy opportunity today.
46/100
71Buffett
Merck Research from a Long-Term Business Owner's Perspective
Merck is a global innovative pharma leader, with Keytruda accounting for 49% of 2025 revenue. At the current price of $122.41, its FCF yield is only 4.1%, below the 10-year U.S. Treasury yield and offering insufficient margin of safety against the 2028-2029 patent cliff. Research rating Watch: a high-quality business, but the price does not yet compensate enough for the post-Keytruda transition risk.
46/100
68Buffett
Morgan Stanley Deep Value Investment Research Report
Morgan Stanley is a global integrated financial platform with $7.38 trillion in Wealth Management client assets and 21.6% ROTCE in 2025. At the current price of $201.07, the stock is close to the upper end of the bull-case range at 3.9x TBVPS, leaving no obvious margin of safety. Research rating Watch: a high-quality franchise worth tracking, but the current valuation already prices in much of the improvement.
43/100
46Buffett
NextEra Energy: A Long-Term Owner's Perspective
FPL's regulated moat plus NEER's renewables platform still make for a top-tier infrastructure business, but at $88.55 the stock already prices in much of the upside; layered with Dominion merger execution risk, the bid discount is insufficient. Rating: Watch.
35/100
28Buffett
Newmont Through a Long-Term Owner's Lens
The world's flagship gold resource company, with 2025 revenue of $22.67 billion and $7.3 billion in free cash flow amplified by rising gold prices; yet at its core it remains a capital-heavy, deeply cyclical mining company with little pricing power, and today's price already discounts both peak gold prices and a successful-integration narrative. Ideal entry $35-50. Rating Watch: a top-tier gold resource base whose current price prices in the good news, better tracked than bought.
40/100
Pfizer: A Long-Term Business-Owner's Investment Research
Pfizer is a large-cap pharmaceutical company in a recovery phase: 2025 revenue of $62.58 billion and operating cash flow of $11.70 billion, with the core ex-COVID business up 6% and dividend coverage comfortable. The Vyndaqel patent settlement extends exclusivity to 2031, but the Seagen and Metsera capital-allocation bets have yet to prove out. Rating Watch: at $25.85, the stock sits near neutral intrinsic value, with a fair buy range of $18-21.
44/100
84Buffett
P&G Deep-Dive Value Research Report
A global consumer-staples leader whose five categories reach nearly 5 billion consumers, with textbook-quality financials and thick cash flows. At the current $144.44 the stock trades at a 21.1x P/E, and its owner-earnings yield of just 4.7% sits only marginally above the 10-year Treasury, leaving no visible margin of safety. Rating: Watch — a great business at a normal-to-slightly-rich price rather than an obviously cheap one.
45/100
Progressive: A Long-Term Owner's Perspective
A high-quality property-and-casualty compounding machine with strong underwriting discipline, dual-channel distribution, and high-quality float. At 2025's 87.4 combined ratio and roughly 3.64x PB / 10.15x PE, the market has already fully priced in a long continuation of high ROE, so it reads more like a good company than a good buy. Rating Watch: ideal entry $130-155.
45/100
78Buffett
Parker-Hannifin: A Long-Term Owner's Perspective
A platform-type industrial company in motion and control technology, with a fragmented customer base, hundreds of thousands of SKUs, strong cash flow, and low capex intensity. At a current P/E of 31.98x and a conservative owner-earnings yield of about 3.1% that already trails the Treasury yield, the price sits in the low-to-mid range of the optimistic scenario. Rating Watch: a good company at a full price, ideal buy $550-700.
43/100
Prologis: A Long-Term Owner's Perspective
The world's leading logistics real estate REIT: 1.3 billion square feet, $235 billion in AUM, 4.8x leverage, and 2025 AFFO of $4.335 billion. At the current price of $145.90 the stock already sits in the optimistic value band, with an owner earnings yield of just 3.0%, below the 10Y Treasury, leaving an insufficient margin of safety.
46/100
76Buffett
Philip Morris International: In-Depth Value Investment Research
Philip Morris International is a global nicotine company leading the shift to smoke-free products, with smoke-free products contributing 41.5% of 2025 net revenue. At the current price of USD 188.99, its conservative Owner Earnings yield is only 3.7%, below the 10-year U.S. Treasury yield, leaving no obvious margin of safety. Rating Watch: a high-quality compounder, but the current valuation already prices in much of the good news.
43/100
53Buffett
Quanta Services: A Long-Term Owner's Perspective
North America's leading grid and utility infrastructure contractor, benefiting from data centers, electricity load, and manufacturing reshoring; but at roughly 106x PE, 67x P/FCF, and 12x PB, the current price already discounts many years of high growth, a 90%-160% premium to fair value, with an ideal buy-in of $230-320.
44/100
38Buffett
RTX Corporation: A Long-Term Value Study
A global aerospace and defense giant spanning aviation parts/systems, commercial aero-engines, and missiles/air defense, with a Q1 2026 backlog of $271 billion. At $177.01 and a 33.2x P/E, it is a good business at a full-to-rich price: the GTF powdered-metal event is still clearing and the margin of safety is insufficient. Rating Watch: worth respecting, but better to wait for a pullback.
44/100
68Buffett
Charles Schwab: A Long-Term Owner's Perspective
A platform with $12 trillion in client assets and genuine cost advantages. At $86, however, the stock trades at only a slight discount to a relatively neutral intrinsic value, while net interest margin is sensitive to interest rates and client-cash migration. Margin of safety is thin; rating: Watch.
41/100
35Buffett
The Southern Company: A Long-Term Owner's Perspective
The Southeast's leading regulated utility, with 25 consecutive years of dividend increases; new Vogtle nuclear units entering rate base plus data-center load support mid-term growth, but 2026-2030 capital spending of $81 billion and heavy reliance on external financing, while the current PE of 20.8x and PB of 2.96x already embed a defensive-plus-growth premium, with an ideal buy at $60-72.
51/100
75Buffett
S&P Global: A Long-Term Owner's View
An institutionalized intangible-asset earnings machine, with 2025 free cash flow of 5.135 billion dollars and capex at just 1.3% of revenue. At the current price of 417.60 dollars, roughly 26.4x trailing PE, it sits in the middle of its fair-value band, leaving an inadequate margin of safety. Rating Watch: a superb compounder whose quality is already priced in, so buying here means paying for long-term quality rather than buying an obvious bargain.
40/100
Exxon Mobil Deep Value Analysis: A Good Asset, Not a Cheap One
XOM is a standout in the oil and gas industry: real through-cycle resilience, an advantaged Permian/Guyana/LNG asset portfolio, and a 43-year dividend growth streak all hold up; but at $154 a share the price already sits near the upper edge of the model's optimistic range, and the 4.2% conservative owner earnings yield can't even beat the 10-year Treasury.
47/100
Welltower: A Long-Term Owner's Perspective
Welltower is a senior housing and healthcare real estate platform positioned for aging-driven demand. The core issue is valuation: at $216.17 and roughly 34x P/NFFO, the market has already paid for an optimistic long-term scenario, while the failed 2026 say-on-pay vote warrants governance monitoring. Research rating Watch: a high-quality compounder worth following, but current pricing leaves limited margin of safety.
49/100
95Buffett
Visa Inc. Long-Term Business Owner Research
Visa is one of the world's strongest payment networks, with a 60% FY2025 operating margin and $21.5 billion of free cash flow. At the current price of $328.88, P/FCF is about 29x, leaving no obvious margin of safety. Report rating Watch: a rare-quality business that deserves long-term attention, but the current entry point looks more fair-to-slightly-expensive than clearly cheap.
43/100
77Buffett
Union Pacific: A Long-Term Owner's Perspective
An irreplaceable rail network spanning two-thirds of the western United States, of exceptionally high quality; but at $265.88 the stock already sits well above fair value, and with the added uncertainty of the Norfolk Southern acquisition, the offer looks aggressive. Rating: Watch.