JourdanLabsCOSMIC x CIPHERALCHEMISTFinancial model suite
CIPHER · PRECEDENTSPrecedent transactions
Precedent transactions
with receipts.
- Every deal traces to a 10-K, 8-K, or merger proxy.
- Every multiple uses one sealed definition across every precedent.
- Every refusal cites the corpus.
Bloomberg charges $25K/yr for proprietary classification.
CIPHER ships YAML you can read.
Same-SIC precedents resolved from EDGAR · point-in-time-filtered LTM · ~10-30s
Manual precedents · optional override(formats: TGT/ACQ · TGT@YYYY-MM-DD · CIK:N@YYYY-MM-DD for delisted)
EXAMPLESKRBIIBJNJPFEISRGCVS
Three modules. One methodology brand.
DCF
Single-target valuation
Banker types ticker → CIPHER builds a deterministic DCF on real EDGAR data. AURORA refuses cells the corpus doesn't cover.
COMPS
Public peer multiples
Same EDGAR substrate, applied to peer-trading multiples with sector cohort flags. Period mismatch surfaced, not hidden.
PRECEDENTS
M&A deal multiples · NEW
Walks every same-SIC announcement 8-K. Point-in-time-filtered LTM. Refuses election deals, CVRs, and unresolvable premia per the corpus.
Bloomberg charges $25-30K/yr for fragmented access to all three. Capital IQ $20-25K/yr. FactSet $12K/yr. Each one hides its methodology. CIPHER ships YAML you can read + Python you can audit + valuation artifacts you can verify cell by cell.