Ease of use
Tykr is a stock research software designed to make finding discounted stocks easy and simple. This software works by assessing the fair value of more than 30,000 equities and identifying the ones that are “on sale” for investors. Tykr aims to be a jumping-off point for locating stocks that are worthy of a more in-depth fundamental investigation. Learn everything you need to know about this software by reading our complete Tykr review.
- Fair value analysis for 30,000+ stocks
- Tykr scores based on financial performance
- Very simple to find undervalued stock ideas
- All automated calculations are clearly explained
- 4M checklist encourages investors to dive deeper into a stock
- Limited tools for doing your own fundamental analysis
Tykr is a stock research platform that makes it surprisingly simple to find undervalued stocks. The platform analyzes the fair value of more than 30,000 stocks and highlights the ones that are “on sale” for investors.
Tykr can be a great jumping-off point for finding stocks that are worthy of a more in-depth fundamental analysis. It’s also a neat tool for teaching beginner investors how to evaluate companies and find undervalued stocks.
In our Tykr review, we’ll take a closer look at this research platform to help you decide if it’s right for you.
Tykr Pricing Options
Tykr costs $29.99 per month or $251.88 per year. You can try out the platform free for 14 days with no credit card required.
Fair Value Analysis
Tykr uses automated analysis to determine the fair value of more than 30,000 US and international stocks. Based on a stock’s fair value and current price, Tykr will calculate the stock’s “margin of safety.”
If a stock has a 50% or greater margin of safety – meaning the stock price is less than half of the fair value price – Tykr labels the stock as “on sale.” Stocks with a lower margin of safety are rated “watch,” while stocks that are priced above their fair value estimate are rated “overpriced.”
You don’t need to know anything about how fair value is calculated to use Tykr. However, the platform offers a really nice explainer about the formula it uses to calculate fair value. In essence, Tykr’s fair value uses a stock’s annualized earnings per share (EPS) growth instead of share price growth, since share prices can change in response to news and other factors. Then Tykr projects the stock price 10 years into the future.
Seeing Tykr justify its fair value calculation is really refreshing. Many other automated analysis tools simply put a number out there without explaining how it was calculated.
Tykr also assigns a score to every stock on a scale from 0-100. Once again, the platform stands out for explaining how it arrives at these scores.
The Tykr score accounts for return on invested capital, equity growth rate, EPS growth rate, sales growth rate, and cash growth rate. Stocks earn points depending on how well and for how long they have performed across these categories.
While the summary score is great, Tykr also breaks down how well each stock scored across these categories. So, investors can dig in a bit if they want to know more about a company’s performance.
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Tykr’s stock research pages cover the margin of safety and Tykr score for each stock. They also summarize a lot of the information that goes into these metrics.
Basic bar charts show key metrics from a stock’s income statement, balance sheet, and cash flow statement. An earnings calendar shows a company’s most recent earnings releases compared to estimates. Another table shows a company’s valuation ratios and compares them against the industry averages. A news feed highlights recent headlines from sources like Zacks, Seeking Alpha, CNBC, and The Motley Fool.
One really neat tool is the 4M checklist. This is a checklist that asks you questions about how well you understand a stock’s business, what the company’s moat is like, and whether the management team has performed well. It’s pretty simple, but this checklist forces investors to think critically about a stock they’re researching.
Importantly, you don’t get access to any raw financial data or the ability to create custom fundamental visualizations. If you want to dig deeper into a company’s financials, you might consider pairing Tykr with a more in-depth fundamental research platform like Stock Rover or Old School Value.
Tykr offers a simple but highly useful stock screener to help you find companies worth investing in. You can filter for on sale stocks or based on a margin of safety cutoff. You can also filter by Tykr score. There are no filters for valuation ratios, but you can narrow your search by country, share price, and market sector.
Screen results are displayed in a customizable table. The table lets you sort tickers by valuation ratios like price-to-earnings (P/E) ratio, financial data like revenue and net income, and dividend yield. It would be nice to have these metrics in the screener itself, but this sorting function works well for secondary filtering.
Tykr Customization and Layout
Tykr offers a few customization features. First, there’s a dashboard where you can add widgets to quickly find stocks worth investing in. Different widgets display the day’s biggest gaining and losing stocks, stocks with the biggest Tykr score changes, and on sale stocks with the biggest intraday losses.
Tykr also lets you set up watchlists, portfolios, and price alerts. The watchlists are especially helpful because you can quickly save screen results to them, then run a follow-up screen on any watchlist.
Overall, Tykr is really well laid out and easy to use. There’s no mobile app at this time.
Tykr Platform Differentiators
Tykr is one of the most actionable and beginner-friendly fundamental investing platforms we’ve seen. You can very easily use the Tykr scores and margin of safety estimates to find undervalued stocks with strong financials. It takes all of five seconds to create a screen in Tykr, which is great on days when the market makes a big move, and you want to quickly find companies you like that are briefly on sale.
Tykr does a few things that we really like. The fact that the platform clearly explains how it arrives at fair value estimates and Tykr scores is a huge plus. Too many platforms simply generate stock scores without explaining what they’re based on.
In addition, the 4M checklist is an awesome tool for new investors. It forces you to think critically about a company instead of just taking the on sale label for granted.
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What Type of Investor is Tykr Best For?
Tykr is designed for long-term value investors. The margin of safety scores are based on valuation, and the Tykr scores are based on financial performance. Importantly, Tykr’s fair value estimates are based on where a stock will be in 10 years, so you should have a roughly 10-year investing horizon to get the most out of this platform.
Beginners can very easily use Tykr on its own to find undervalued stocks to buy. However, this platform really shines as a discovery tool for more experienced investors. You can find promising stocks in Tykr, then conduct your own in-depth fundamental analysis using a platform like Stock Rover or Old School Value.