Alpha Spread vs BamSEC comparison

Unique

• Automatic intrinsic value from two methods (DCF + relative valuation) with bear/base/bull range; “valuation history” views.
• Manual DCF with sensitivity analysis; separate discount‑rate (CAPM/WACC) calculator.
• Stock screener with valuation, Wall St targets/estimates, profitability, solvency, dividend safety/shareholder yield; prebuilt screens (e.g., Magic Formula) and email screener alerts.
• Watchlists plus targeted alerts: price/valuation thresholds, analyst price‑target changes, and insider activity.
• Analyst section with price targets and forward estimates; earnings‑calls section; AI assistant for natural‑language summaries/questions.
• Stock comparison for side‑by‑side analysis; curated market news stream; investment journal for notes.

Unique

• Specialized web platform for working with SEC filings and earnings transcripts, marketed as making “financial research easier” for thousands of subscribers including major investment banks and buy-side firms.
• Covers all SEC filings submitted electronically via EDGAR from 1994 onward in their original, unmodified form, with new filings typically processed within a minute or two of being filed (and by end of day for confidential filings that later become public). Browsing filings does not require a subscription, but premium features are limited to active subscribers.
• All-company screening tools let you instantly search across millions of documents for any term, using filters like industry, market cap, document type and Watch List, plus advanced operators (exact phrases, boolean logic, proximity / distance between words) and email alerts for new matches.
• Company-level Document Search shows every mention of a term across a single issuer’s filings and transcripts, with result categorization and an “intuitive workflow” for jumping straight from search hits to the underlying documents without manual Ctrl+F scans.
• Table Tools provide one-click Excel downloads for any table in any filing, including most financial tables beyond the three statements, plus Similar Tables to pull prior versions from older filings and Merge Tables to combine data across periods; downloads are cleanly formatted spreadsheets with no merged cells or styling and data taken directly from the filings.
• Historical Similar Tables coverage spans almost every financial table (for example, segment breakdowns or pension tables), enabling multi-year model building and benchmarking without manually opening each historical filing.