35 Stocks Clear Every Value Filter, Only 2 Pass All

Thirty-five of the 503 stocks this site tracks clear all 8 baseline value filters, but the list is mostly an artifact: 20 of the 35 are banks, insurers and other financials that are cheap on P/E and price to book and have no DCF margin of safety, so they cannot pass the strictest test. Only 2 stocks, Cigna and Newmont, clear every check, including a margin of safety of at least 25% and no Munger flags.

• Seven of the 35 are flagged as expensive by the DCF, and United Airlines and Carnival miss only on a Munger flag.
• A list that long is a starting point for research, not a buy list.

This is educational analysis, not investment advice.

What does it mean to clear every value filter?

The first six are fundamentals; the last two ask the stock not to have run away from, or collapsed below, its recent trend. The stricter Passes Everything list adds a Munger inversion check with no flags and a margin of safety of at least 25% on this site's neutral DCF. The weekly counts have moved a lot as the universe grew from about 200 to 503 stocks.

Which 35 stocks clear all 8 filters?

Financials fill the list for a structural reason: banks, insurers and brokers trade at low P/Es and prices to book, and their growth is steady, so they clear fundamental filters easily. About 57% of the list is financial, a lot more than their share of the 503 stocks tracked. (BNY, ticker BK, is a bank but has a blank sector in this site's data, so it is counted under everything else and does have a DCF figure.)

Why do only two stocks pass everything?

The Munger inversion check looks for flags such as a negative bull-case margin of safety, short interest above 5% of float, failing most of the six fundamental filters, and a price run-up not backed by value. See is Cigna a buy right now? for one of the two survivors.

Which stocks look cheap on filters but expensive on the DCF?

These seven pass the P/E and PEG screens, but the DCF discounts their free cash flow. Amazon's margin of safety is extreme because heavy capital spending leaves its free cash flow yield near 0.6%, so the model asks for growth above 40% a year; Meta and Steel Dynamics have the same pattern in milder form. A very negative margin often says "spending now, profit later," which the DCF cannot price. What growth does a share price imply? explains how to read it.

How has the count changed?

The universe has grown, so the counts are not like-for-like. The Passes Everything number has stayed in the low single digits throughout, which is the useful message: the strictest list is almost always short.

What should you do with the list?

• Treat it as a starting list, not a recommendation. Every name still needs a look at its business and its checks.
• Read financials separately. Use price to book, return on equity and shareholder yield for the 20 financials, as why bank free cash flow yields mislead explains.
• Read the Munger flags on near-misses. United Airlines and Carnival have a margin of safety above 35% and one flag each.
• Check the trend. The two moving-average filters mean none of these stocks has crashed or run away recently.

Sources

• Screener on this site: baseline filters, Passes Everything, weekly refresh of October 25, 2026
• Margin of safety method: DCF and the excluded sectors
• Editorial standards: how the lists are computed

All counts are from this site's data refresh of October 25, 2026 and its stock pages of October 24. The Passes Everything figure follows js/screener.js: the 8 baseline filters, no Munger flags and a margin of safety of at least 25%. Munger flag counts are those shown on each stock page. This is educational content, not investment advice.

Value filter FAQ