OUR STORY

Investment research infrastructure, built on primary sources.

Bulltrace gives independent analysts and retail investors direct, unfiltered access to clean public company filings, financial scores, and portfolio analysis.

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bulltrace.app/home — Market Overview Dashboard
Portfolio value
$184,220
Since inception
+18.4%
Quality score
81
Portfolio-weighted
FCF yield
4.6%
Weighted avg
Positions
14
3 currencies
AAPLApple Inc.
$308.91+2.14%
ASMLASML Holding
€612.40+0.87%
MELIMercadoLibre
$1,842.10-1.32%
What we've built

One workspace, straight from the source

TERMINAL & SCREENER

bulltrace.app/stock/AAPL — Financials

Every margin, cash conversion figure, and Graham fair value is computed straight from the filing, not a third-party summary.

bulltrace.app/stock/AAPL — Financials
Gross margin
43.2%
+1.4pp YoY
SEC 10-K · Item 8 · Income Statement
View source →
PORTFOLIO

bulltrace.app/portfolio

Positions, gain/loss, and allocation in your own reporting currency, across any exchange.

bulltrace.app/portfolio
Positions · reporting currency USD
AAPLUSD
$42,180+8.2%
ASMLEUR
€18,940+3.1%
RIOGBP
£9,410-2.4%
SCREENER

bulltrace.app/screener

Rank thousands of global equities by margin, FCF yield, debt profile, and dilution in seconds.

bulltrace.app/screener
FCF yield > 5%Debt/Equity < 1Margin > 20%
NVR
92
FICO
89
MOAT
85
LIVE COVERAGE

bulltrace.app/watchlist — Live feed

Real-time alerts the moment filings hit SEC EDGAR, with watchlists that sync prices and currency rates continuously.

bulltrace.app/watchlist — Live feed
TSM8-K filed
2m ago
NOVO-BPrice alert · -3.1%
11m ago
ASML10-Q filed
38m ago
In investment research, verified facts are the only currency that matters.

Most investment tools are designed to overwhelm you with complex jargon or push you into trades that generate commissions. They give you numbers, but they don't help you understand the quality of the business.

We believe independent researchers shouldn't have to spend thousands of dollars a year to access clean, direct financial data. At Bulltrace, we go straight to the primary source. We fetch files directly from regulatory bodies, compute margins transparently, and map them to historical visual models.

When you evaluate a stock on Bulltrace, you don't just see a quality score. You can click on any metric to inspect the exact line in the company's financial reports. We believe in total transparency, facts over predictions, and absolute clarity.

WHY BULLTRACE EXISTS

No Analyst Bias

We don't publish speculative target prices or buy/sell recommendations. We provide the historical data, quality score, and intrinsic calculations so you can make your own decisions.

Source Transparency

Every calculation on our platform is open and verifiable. Clicking any number opens a direct reference to the SEC EDGAR filing row so you can audit the source yourself.

Multi-Currency Standard

We normalize global assets under one unified interface, converting local currencies and tickers automatically so you can evaluate domestic and foreign positions side-by-side.

Clean Speed

A high-performance workspace caching system allows you to load watchlists and portfolios instantly, refreshing prices in the background without locking up the UI.

HOW THE SCORE WORKS

The Bulltrace Score, step by step

Bulltrace turns free cash flow into a single quality-adjusted score for 260+ companies through four sequential calculation steps.

1. FCF Base Value

The FCF Base Value is a company's starting valuation, calculated directly from its reported free cash flow before any adjustments.

This is the foundation of the score: a valuation figure built straight from free cash flow, before any quality, balance sheet, or risk adjustment is layered on top.

2. Quality Multiplier

The Quality Multiplier raises or lowers that base value using business quality metrics such as margins, returns, and consistency.

Businesses with stronger, more durable economics get a higher multiplier applied to their base value; weaker-quality businesses get discounted.

3. Balance Sheet Adjustment

The Balance Sheet Adjustment factors in balance sheet strength or risk, rewarding low debt and penalizing heavy leverage.

A company with a conservative balance sheet is adjusted more favorably than one carrying heavy debt or other structural balance sheet risk.

4. Fundamentals Penalty

The Fundamentals Penalty reduces the score when fundamental weaknesses appear, helping guard against classic value traps.

The final step subtracts points when specific fundamental red flags are present, so a cheap-looking score is not mistaken for a healthy business.

What if free cash flow is negative?

Companies with negative free cash flow skip the four-step score entirely and get a separate Pre-FCF Survival Score instead.

Rather than excluding unprofitable or early-stage companies from the screener, Bulltrace applies a dedicated Pre-FCF Survival Score designed to assess their viability on its own terms.

Data sources: SEC EDGAR & Finnhub

Every Bulltrace score is grounded in primary financial statements pulled directly from SEC EDGAR filings and Finnhub, not estimates.

Scores are computed from primary-source data rather than third-party summaries, so every figure can be traced back to the original filing.

TL;DR

  • Bulltrace scores 260+ public companies using a proprietary GARP-based, free-cash-flow-first framework.
  • Scoring runs through 4 steps: FCF Base Value, Quality Multiplier, Balance Sheet Adjustment, Fundamentals Penalty.
  • Companies with negative free cash flow get a separate Pre-FCF Survival Score instead of being excluded.
  • All data is sourced directly from SEC EDGAR filings and Finnhub.
  • Full access is $14.99/month or $119.99/year, with a 14-day free trial and no credit card required.
THE TEAM
Pablo Rodriguez
Pablo Rodriguez
Founder

Built Bulltrace out of frustration with tools that were either too expensive or too complex. Wanted something honest, simple, and actually useful for normal investors.

@pabloinvesting_ ↗

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Not investment advice · Data from public sources© 2026 Bulltrace