About the competition
Think like an analyst.
Pick a real company. Value it. Defend your number in front of Dr. Andrew Stotz, CFA.
Free entry. US$1,000 cash prize for the winner.
Tool partner: Koyfin.
ELIGIBILITY: Open to students and working professionals interested in equity analysis, valuation or investing.
Individual entries only. No teams.
A working knowledge of financial statements and basic valuation concepts is recommended.
CODE OF CONDUCT: Submit original work. Plagiarism, AI-generated submissions, or collaborating with other participants on the report may lead to disqualification.
COMPETITION STRUCTURE: Three rounds.
Round 1: Equity research report
Choose any publicly listed company.
Submit an original equity research report.
Present a clear investment thesis backed by key value drivers, risks, financial assumptions, forecasts and a valuation.
End with a Buy, Sell or Hold recommendation.
Shortlisted participants advance to Round 2.
Round 2: Video presentation
Submit a recorded video explaining your investment thesis and valuation.
Camera on, with your report visible on screen.
Maximum 6 minutes.
The top 6 participants advance to the Final Round.
Final Round: Live
Present your thesis and valuation live to a judging panel led by Dr. Andrew Stotz.
Walk through your valuation framework, key assumptions, risks and final recommendation.
Defend your analysis in a live Q&A.
Held within one week of Round 2. Results announced the next day.
Judges look for: Clarity of thinking, Logical structure, and Defensible assumptions.
Pick a real company. Value it. Defend your number in front of Dr. Andrew Stotz, CFA.
Free entry. US$1,000 cash prize for the winner.
Tool partner: Koyfin.
ELIGIBILITY: Open to students and working professionals interested in equity analysis, valuation or investing.
Individual entries only. No teams.
A working knowledge of financial statements and basic valuation concepts is recommended.
CODE OF CONDUCT: Submit original work. Plagiarism, AI-generated submissions, or collaborating with other participants on the report may lead to disqualification.
COMPETITION STRUCTURE: Three rounds.
Round 1: Equity research report
Choose any publicly listed company.
Submit an original equity research report.
Present a clear investment thesis backed by key value drivers, risks, financial assumptions, forecasts and a valuation.
End with a Buy, Sell or Hold recommendation.
Shortlisted participants advance to Round 2.
Round 2: Video presentation
Submit a recorded video explaining your investment thesis and valuation.
Camera on, with your report visible on screen.
Maximum 6 minutes.
The top 6 participants advance to the Final Round.
Final Round: Live
Present your thesis and valuation live to a judging panel led by Dr. Andrew Stotz.
Walk through your valuation framework, key assumptions, risks and final recommendation.
Defend your analysis in a live Q&A.
Held within one week of Round 2. Results announced the next day.
Judges look for: Clarity of thinking, Logical structure, and Defensible assumptions.
Prize
Cash Prize
US$1,000 cash prize for the winner.
Deadline
November 11, 2026
in 6 days
Eligibility
Bachelor, Master, PhD, Open to everyone
Open worldwide unless noted.
