Quantitative Rating

Consensus Recommendation Provided by Thomson Reuters

Strong Sell
Strong Buy
Intrinsic Value Estimate

The Intrinsic Value Estimate (IVE) is a computer-generated stock price that Morningstar feels is a fair representation of what the per share value of a company should be. Factors that help in the determination of the IVE include historical financial data, such as revenues and expenditures, company data, such as size of the firm, as well as the scores of companies in similar sectors and industries. The IVE is a price measurement to help you determine whether the company is reasonably priced.


Valuation compares the intrinsic value estimate (IVE) to the actual price of the company. A company with a stock price trading below the IVE is considered relatively inexpensive. If the stock price is greater than the IVE, the company is considered relatively expensive. This means the higher the rating, the greater the buying opportunity.

  • Country
  • 34
  • Sector
  • 22
Valuation Confidence

Valuation Confidence describes Morningstar's level of uncertainty about the accuracy of the Intrinsic Value Estimate. This means the higher the rating, the greater the implied accuracy of the Intrinsic Value Estimate.

  • Country
  • 80
  • Sector
  • 65
Competitive Advantage

The Competitive Advantage rating is computer-generated assessment of the strength of a firm’s competitive position. This is comparable to Morningstar’s Economic Moat rating. This means the higher the rating, the stronger the firm’s ability to hold off competitors.

  • Country
  • 3
  • Sector
  • 7
Financial Health

The Financial Health rating is a computed measurement of a company's financial health. Factors considered in the assessment include total outstanding shares, volatility, company's assets & liabilities, and the overall likelihood of a company defaulting on its' debt obligations. This means the higher the rating, the stronger the company's financial health.

  • Country
  • 24
  • Sector
  • 21

The Momentum rating reflects Morningstar's assessment of a stock's relative strength over the trailing 12 months. This rating is useful because it indicates how the stock will continue to perform against the market.


The Liquidity rating reflects Morningstar’s measurement of how easily company shares can be bought and sold on the market. Morningstar calculates this by using the trailing twelve months of daily volume. A high rating is preferable because it will be easier to complete a transaction.