INCY
screen pass · no fair value yet — WATCHINCYTE CORPORATION·Consumer Cyclical
Screens well, but the council hasn't valued it yet.
86/100A
Price at last run$117as of Jul 8, 2026
quality large-cap!
Hard veto — the risk officer blocks this
One or more rules are designed to stop a buy outright — no matter how cheap or how loved the name. Here, at least one fired:
- No verified margin of safety — cannot size capital.
High returns on capitalROIC ~39% — it earns well on the money it puts to work.
Fat operating margins30% operating margin — pricing power / a real moat hint.
Generates real cash5.8% free-cash-flow yield — profits you can actually bank.
GrowingRevenue growing ~21%.
Clean balance sheetLow leverage (debt/equity 0.00).
Catalystnone yet
✕Why not
The honest case against — what most tools hideWhat keeps us out
- Paying up here — we'd want a better entry price.
- Growth slowing while the multiple stays rich.
Patience price & distance
as of Jul 8, 2026 runThe patience price is where value discipline would let the council in — deliberately strict: we'd rather miss ten winners than own one loser.
Catalyst
none yet
A catalyst is a plausible reason the gap could close — never a certainty.
Forensic read
earnings quality · filingsOther signals we're watchingobservational (shadow)
- Superinvestor overlap: held by >=1 tracked value 13F filer + recent ADD — shadow, not yet acting
Shadow signals are watched and recorded, but they do not by themselves change the verdict — only a hard veto does.