Simply Wall Street is a stock analysis tool that’s earned an impressive reputation online. But does it live up to the hype? Get the scoop with our Simply Wall St review.
What Is Simply Wall St?
Simply Wall Street is a financial research tool that helps people discover potentially fruitful investment opportunities, particularly long-term ones.
It provides in-depth stock analysis on stocks around the world, determining which companies:
- Are in promising financial health
- Have a strong enough market cap
- And revenue growth
Thanks to their detailed fundamental analysis, you can stay up to date on 100,000+ stocks in 95 countries worldwide.
What Does Simply Wall Street Do?
The service provides the information to help each user make the wisest investment decision possible.
Simply Wall St offers unique visual reports that showcase:
- The value of stocks
- Growth forecast
- Risk and rewards
- Potential insider trading
- And much more
Is Simply Wall Street Free?
There’s a free version of Simply Wall Street that you don’t need to spend a dime to use.
But the free version does not allow you to run as many reports per month.
So if you want access to more reports, you’ll need to sign up for a paid subscription.
Who Owns Simply Wall St?
Simply Wall St is based in Sydney, Australia.
It was founded in 2014 by local entrepreneur Al Bentley, the CEO of the company.
Bentley is a self-taught investor who has vast experience dealing with stocks, learning from initially painful experiences, and relying on emotional intelligence to make key investment decisions.
Through Simply Wall St., Bentley shares his knowledge to help others build a stronger stock portfolio.
The startup has a wide consumer base, with over four million customers spanning 170 countries, with the platform covering all markets globally.
It launched its Beta to the United States, United Kingdom, and Australia in 2015, enjoyed a $600,000 seed round that same year, and subsequently garnered its first paying customers in 2016.
Simply Wall St. also raised $1.8 million from its customers in 2017 to further fund its initiative.
What’s Included With Simply Wall St?
Simply Wall St. has several key features that provide all the data necessary to help you make key investment decisions and buffer your own portfolio.
The features include:
- Company Reports
- Stock Screener
- Stock Analysis Reports
Keep reading our Simply Wall Street Review for a full breakdown of each feature.
Simply Wall St provides unique, in-depth visual stock reports for the over 100,000 stocks that it covers, examining various companies, their price targets, and their potential.
The reports include a look at the risk and rewards involved with specific stocks, informing you about the potential red flags and opportunities you need to be aware of.
Key insights are extracted each day through their in-depth stock analysis, and financial data is explained to help you understand whether the stock should be invested in or not.
For example, a company’s balance sheet may be promising, and trading is going on at fair value, but the company may have negative shareholder equity and high levels of debt.
The reports also show the growth forecast for various companies, allowing you to see their predicted annual earnings and get insight based on consensus professional analysis.
The reports also provide insights on:
You will also find companies and their valuations, including their current price and fair value.
Simply Wall St’s analysis will help you to understand if the stock’s values are undervalued, overvalued, or about right, based on future expected cash flows.
Financial Health Analysis
Simply Wall St also offers detailed financial health analysis, allowing you to best understand a company’s balance sheet.
The financial health analysis covers everything from assets to liabilities, showing you whether a company has enough assets to cover its liabilities, both in the short and long term.
Furthermore, it covers debt, the current cash runway, and equity.
The company reports also examine dividend payers.
You can understand the dividends per share based on historical, current, and projected payments made by shareholders, then compare these payments to the industry and market standards.
Simply Wall St’s also delves deeply into the company’s investment profile and the management share purchases made.
You can assess whether the right leadership structure is in place for the company in question, thanks to the management and board profiles, plus a detailed analysis of leadership capabilities and their management tenure
Finally, you get a behind-the-scenes look at which insiders have purchased shares.
Find out which people or institutions have been consistently backing companies, listing the share price, the insiders who bought the shares, and the sell/buy rate.
Another key feature offered by Simply Wall St is its stock screener.
The screener helps discover promising investment opportunities that align with their respective investment styles.
The unique snowflake screener helps you to narrow down various company stocks.
You can determine the past performance of stocks, see if they have high dividend payers, understand their value, and earmark their growth potential.
With advanced filters, the stock screens let you screen popular metrics like:
- Price ratios
- Past performance
- Growth forecasts
- Financial health
You can create your own portfolio on Simply Wall St.
To do so, you can go to the My Portfolios tab on the Simply Wall St website, create your name, and then select the base currency for your portfolio.
The selected base currency will be your conversion basis once you enter multicurrency transactions.
From there, you can select one of three types of portfolios: Watchlist, Current Holdings, and Portfolios With Transactions.
The latter of the three lets you calculate your portfolio returns, including all dividends and splits.
Each of the portfolio types has a data input that must be included.
The watchlist includes ticker symbols.
Current Holdings include ticker symbols and the number of shares you have.
And, Portfolios With Transactions include ticker symbols, share numbers, transaction dates, transaction types, and prices.
For the data input, you can upload a CSV file, copy and paste it from an Excel spreadsheet or input your data manually.
After filling out the required information and matching columns, you can click on the Create button and save all of your data.
Additionally, you can see sample portfolios of individual investors and companies to get a better idea of portfolio stocks, diversification, return on investment, and portfolio volatility.
Stock Analysis Reports
The stock analysis reports from Simply Wall St include an executive summary, plus stock share prices and news pertaining to featured stocks.
With each stock research report, you can also view other dividend payers for the stocks and get financial health analysis for the stocks and future growth potential.
The valuation aspect of the stock analysis reports uses a discounted cash flow calculation to calculate the fair value of different stocks.
The calculation is done every six hours on the stock market.
Is Simply Wall St Legit?
Simply Wall St is a reliable service that provides a wealth of financial data and expert analysis of the marketplace.
The educational platform does detailed due diligence before providing any stock report, analyzing the critical information necessary to evaluate the validity of companies and their stocks.
Once Simply Wall St garners the fundamental data and analytics, it presents the information in graphs to help you understand stocks better and get their valuations.
Simply Wall St Pros and Cons
- Comprehensive stock analysis
- Powerful stock screener
- Rock-solid reputation
- Great for visual learners
- Affordably priced
- Free version could offer a bit more
- Could be easier to edit your own data
Simply Wall Street Reviews
Its detailed information, along with its illustrations, has earned Simply Wall St a strong reputation with its consumer base a graphical format that people can easily understand.
These reviews on Trustpilot give you a quick snapshot of why Simply Wall St has increasingly gained plaudits from customers and mainstream media.
How Much Does Simply Wall St Cost?
Simply Wall St has three types of plans, all of which could fit into most budgets.
There is a free plan and paid plans, like the premium plan and unlimited plan included with the stock education service.
The free plan is the most basic plan offered and is infinitely free.
With the plan, you get access to analysis on global markets and unlimited watchlists.
Five portfolio stocks are analyzed for your benefit, and you get just as many company reports each month.
With the free and paid plans, you can start an account on Simply Wall St using your Google email.
Simply Wall St’s premium plan is a monthly $10 plan that similarly affords you global market access and unlimited watchlists while also giving you access to its stock screener.
You get six times the company reports and portfolio stocks analyzed, with 30 each.
You can take a free trial with the premium plan to test out the waters.
The unlimited plan from Simply Wall St is their most expensive subscription, as you pay $20 monthly to access everything their service offers.
In addition to the global market access and watchlist that are standard when using Simply Wall St, you get an unlimited number of company reports and stock analysis.
You can also use the stock screener and get different types of exporting methods, whether for Excel spreadsheets or PDFs.
Simply Wall St Discount
As mentioned above, Simply Wall St allows you to capitalize on a free trial with its premium plan.
The trial lasts for 30 days and affords you access to the full service.
You can only get one free trial within a 12-month period, with the approval of trials at the sole discretion of Simply Wall St.
At the conclusion of the trial period, your account automatically defaults to the free plan, and you will have to pay for one of the paid plans to access the full features again.
Simply Wall St Cancellation Policy
Simply Wall Street users can cancel their accounts at any time.
However, the service does not offer full refunds should you decide to discontinue your account.
According to their terms and conditions, you can get a partial refund.
But, whether you’re eligible for the partial refund is at the sole discretion of the company.
Simply Wall St offers a 14-day money-back guarantee for every new subscriber from the sign-up date.
If you ask for a refund after the 14-day period, the service will assess whether your case for a refund is valid.
A credit card is required to use the service.
Simply Wall St does not store credit card details on its servers and uses a third-party payment service called Stripe to handle payments.
Is Simply Wall St Right for Me?
Simply Wall Street is a good service for you whether you’re simply trying to understand how the stock market works or are a dedicated investor trying to optimize your stock portfolio.
With the relevant results, the stock-based data visualization service sets you up for future short-term or long-term success.
Is Simply Wall St Worth It?
Simply Wall St is worth your time and money if you want to effortlessly compile valuable data about stocks.
This is a great tool for almost anyone, but it would likely draw massive appeal from visual learners.
You can add stocks in a few minutes and access institutional-quality data to help you make an educated investment decision in the stock market.
You also get access to valuation, past earnings, financial health analysis, watchlist, and graphs, like the snowflake graph, to show you all of the intricacies that determine the validity of a stock and the company that holds shares.
With a wide range of options, plans, and analysis tools, Simply Wall St is a great resource to help you strengthen your portfolio in unprecedented ways.
You should definitely keep this on your radar if you’re looking for an affordable, accessible platform for analyzing complex market data.