Quick technical update for those who care about what's happening behind the scenes.
We made three improvements today:
**1. Automatic sector routing**
When you enter a ticker, the platform now detects whether it's a bank, REIT, or BDC and routes it to the correct valuation model automatically. You don't pick the model — we detect it from the company's sector and industry classification.
**2. Bank-specific Buffett validation**
The Buffett metrics table (gross margin, SG&A, debt/equity, etc.) doesn't apply to banks. Instead of showing an empty table, the report now explains that banks are evaluated on NIM, efficiency ratio, ROE, and Price/Tangible Book. Different business, different scorecard.
**3. Cleaner PDF reports**
The DCF Assumptions section (WACC, Cost of Equity, Beta) no longer shows for banks, REITs, or BDCs — because those numbers don't exist for sector-specific models. The report only shows what's relevant.
These changes apply to all new valuations. If you ran a bank stock before today, run it again to see the updated report.