Getting Started

Basic requirements and other common questions
  • Go to the signup page and select a plan
  • Create your account username and password
  • Make a payment
  • Log in to your members area
  • Download the spreadsheet
  • Run the spreadsheet and enter your username and password to log in
  • Done. Now start analyzing companies quickly

Not at this time. This is a Windows based, Microsoft Excel spreadsheet that connects directly to the internet to import data.

You will need to have Windows (not Mac) and Microsoft Excel installed to run this program.

You enter a stock symbol you are interested in, and then Microsoft Excel will connect to a dedicated Morningstar professional data feed to download the annual and quarterly financial statements. The data is then processed, calculated and loaded directly onto your spreadsheet.

You then have complete control of adjustments, customization and fine tuning to your hearts content. Once complete, you have the capability to save, print or create a report or presentation to wow your friends and boss.

There is nothing to install.

As long as you have a working version of Microsoft Excel, you can start right away. Just download the spreadsheet file, log in and start.

The main goal was to create a tool that was easy to use, visually pleasing and intuitive.

Although there is a lot of data, users have confirmed that it is easy to use and get started.

There are lots of supporting documentation, videos and tutorials to help you out.

Check it out from the resources page.

During the sign up process, you will be asked to create a username and password for your account. When the payment has been made, you can log into the Members Area to download the spreadsheet.

Yes. The spreadsheet is unlocked and all formulas are visible and editable.

You can add new valuation models and create new formulas as you wish.

The macros however are not unlocked due to security reasons.

YES. Unlike other software companies, you are able to use this on multiple computers. A single investor can use it at home, work and other computers if needed.

For multiple users, a separate purchase for each user has to be made. To prevent abuse, if the same account is logged in from multiple locations, you will be asked to log out of other instances and will not be able to use the spreadsheet until you do so.

Spreadsheet and Data Questions

We understand that reliability and accuracy is important

To offer maximum cost effectiveness and reliability, the spreadsheet connects via a third party to Morningstar's dedicated professional data feed.

The data is dynamic which means that the financial statements are updated every quarter whenever the financial results are released. Expect a 1-2 week delay with the numbers updating because Morningstar has to standardize the financial statements for the data feed.

Additional company and competitor key statistics make use of the API from Yahoo Finance.

Morningstar is a very reputable company and the data that you will be using is what you see at Morningstar.com

Download this excel file of the raw data items to check out what Morningstar provides.

Morningstar offers great value and great data. We admit that there will be some differences in terms of how the numbers are presented between the SEC filings and the spreadsheet financials because the data has to be standardized into a single format. To offset this, there are spaces where you can simply enter a value to override the default values if needed.

Capital IQ is the best in the industry, but, it's also the most expensive. Your cost would jump to $100/mo which is unrealistic.

To access Capital IQ on your own, it would also cost you thousands of dollars per month.

Yes. As long as this site exists, the data is available to use.

You don't even need to open your browser. Just run the spreadsheet, enter a stock symbol and download the data.

Data is stored on the spreadsheet until you enter another company ticker. The data is then overwritten. In other words, all data is dynamic and is refreshed to the latest available. If you want to save a copy of the spreadsheet for a specific company, you have the option to save it as a PDF or as another copy.

Data updates are automatic. Expect about 1-2 weeks of buffer time for the data to be available.

At the end of every quarter, Morningstar will standardize the data and you will be able to download.

The spreadsheet does not work for companies categorized as financials, OTC, pink sheets and ADR's.

Financials have a different financial statement format which is not supported with the valuation models.

Not enough data is available for OTC and pink sheet stocks. ADRs are not supported because of the many currency exchange errors.

No other subscription is required for you to use the tools. For just a single low price, you get access to all data and valuation models.

Only USA stocks will work.

The amount of data required for international stocks is not widely available. Also, the difference in accounting and the way financials are standardized make it difficult to support different markets.

Computer Compatibility

What you need to run the valuation tools
  • Windows Computer
  • or Mac with Bootcamp/Parellels/VM Ware to run a Windows environment
  • Microsoft Excel. Supports Excel 2003 and up but recommended to use at least 2007
  • Internet connection
  • That is all

The quick answer is no.

This spreadsheet only runs on Windows and Office for Windows. Office for Mac does not work and will not work due to many mac compatibility issues.

To run this on a Mac, you will need to run bootcamp or vmware to load a windows operating system and run it in the Windows environment.

Excel 2007, 2010 and 2013 is recommended.

Excel 2003 will work but you will not get the best functionality out of it because it is so old.

No. The spreadsheet makes use of VBA and macros to import data from our data feed which Open Office does not support.

No. The spreadsheet makes use of VBA and macros to import data from our data feed which Office 365 does not support.

No. The spreadsheet makes use of VBA and macros to import data from our data feed which Google Drive does not support.

No. The spreadsheet only works on a computer. The spreadsheet does not run on on mobile phones.

Only on Windows tablets. If you have a tablet running Windows 8 with Office installed, it will run on your tablet.

Payment Information

Pricing, payments, refunds and related topics

All pricing information can be found on the pricing/signup page.

This is a membership service so based on the plan you choose, you will be automatically billed the plan price you chose unless you cancel.

Check out our friendly refund policy.

The 30 day refund window does not apply to members who sign up for any promotion or trial accounts and then makes a payment.

First time members receive a full refund as long as you cancel within thirty (30) days of first signing up with a paid membership.

We want to make sure you are happy and only pay for what you are satisfied with. We are not in the business of taking your money to earn a quick buck.

We prefer long lasting relationships and will do whatever we can do satisfy you.

Paypal and all major credit cards are accepted.

Absolutely none. Transparent pricing, transparent service. If there are any hidden fees, we will eat it.

No. Prices are fixed for your membership.

Unless we upgrade the data source to some ultra super duper data source which costs of tens of thousands per month, your price is fixed.

Send a copy of your student ID to [email protected]

Student discounts are only available for the yearly plan.

Once your ID has been verified, you will receive a link to the locked in plan.

As long as you do not cancel your membership, you will be locked into the discounted plan going forward.

If you decide to cancel your membership, you will no longer be eligible for the student discount plan.

There is a way to get free unlimited access to Old School Value for investing bloggers or for people who submit articles and videos.

Full details and guidelines is found on the special offers page.

Getting Support

We offer ultimate support to make sure you are running smoothly

We are readily available via phone, email, twitter and facebook.

Contact us any time during business hours to get questions asked.

If you are a member, you can also ask for help using the helpdesk when you log into your account.

Not to worry. We understand that everyone starts somewhere and because we understand what it is like to be learning, we do not use extensive jargon or difficult words to teach.

Lots of documentation is available, video walk-throughs are available and how to guides are available.

These can be viewed from the members section or viewed from the resources page.