GOOGL · sample dossier
Alphabet Inc. Class A Common Stock
67/100
FreshGenerated Oct 24, 2026 · 10:00 AM UTC · 1 hour ago
This copy is frozen (Oct 24). Sign in to run the same work — filings, valuation, bull and bear, sources — on any US stock or ETF, in about 90 seconds.
Run a fresh dossierGOOGL
EquityAlphabet Inc. Class A Common Stock · XNAS
Decision context
Recommendation
More going for it than against it — worth a closer look.
AlphaDog Fair Value
Market context
Snapshot returns at report publication
1 month
-6.5%
3 months
-1.9%
6 months
-7.0%
1 year
+27.2%
At a Glance
A very large company is in a pullback at fair pricing.
Top Holders
As of Jun 30, 2026Financial trajectory
Financial Performance
Executive thesis & key metrics
Executive Thesis
Alphabet Inc. Class A Common Stock (GOOGL) is a $3.92T market cap technology leader trading at $320.21, generating a 60.9% TTM gross margin and a 54.8% TTM net margin.
Key Metrics to Watch
What changed recently
No material changes found in the last 30 days.
Why this rating
Score 67 · Buy
Data through
FreshJun 30, 2026
Growth scores 84/100 — top-line expansion leads the profile.
Re-evaluate if
- Net margin falls below 43.8% (was 54.8%)
- TTM EV/EBITDA expands above 22.02 while 6M price return stays at or below -7.0%.
Trim / reconsider if
- ROA falls below 8.4% (was 13.0%)
- TTM Debt/Equity increases above 0.19.
These dollars come from our value estimate and help sketch entry and exit zones. They’re a guide, not a trade order.
A Calmer Look · Devil's Advocate
The consensus Buy verdict relies on a serious accounting distortion by treating a 54.8% TTM net margin on a 60.9% TTM gross margin as sustainable operating leverage.
May be overlooked
Cash flow conversion is severely disconnected from GAAP profitability
at $320.21 per share, $4.33 in TTM FCF/share represents a ~1.35% FCF yield, contradicting the perceived bargain of a 16.07 TTM P/E (~6.2% earnings yield).
The valuation anomaly between GOOGL's peer-low 16.07 P/E and peer-high 22.02 EV/EBITDA (versus META at 14.4, AMZN at 16.6, and MSFT at 20.3) proves that below-the-line non-operating gains, rather than core EBITDA, are driving the 54.8% net margin.
Earnings quality is compromised by changes in the stale 2026-02-05 10-K (older than 90 days as of 2026-10-24), which altered useful-life assessments for property and equipment and removed performance-fee disclosures on unobservable non-marketable securities.
Expectations look stretched
Bulls extrapolate a 294.4% YoY EPS growth rate and a 78.3% QoQ Q2 EPS surge (from stale June 30, 2026 data and the stale 2026-07-22 8-K, older than 90 days) as structural operating leverage rather than recognizing it as cyclical non-operating income that will mean-revert.
The synthesis report sets fragile Thesis Breakers—stating the thesis breaks if TTM net margin falls below 54.8%, gross margin drops below 60.9%, or YoY revenue growth decelerates below 24.2%—leaving zero margin of safety against inevitable mean reversion.
The consensus dismisses the 2026-12-01 securities class action deadline as immaterial simply because the company holds a 0.19 Debt/Equity ratio and $3.92T market cap, ignoring potential governance or disclosure fallout.
YoY revenue growth slows below the 24.2% baseline.
YoY revenue growth slows below the 24.2% baseline.
Monitor These Triggers
3 Checkpoints · Next PrintYoY revenue growth (baseline 24.2%) alongside TTM net margin (baseline 54.8%) to confirm whether top-line expansion and technical infrastructure depreciation preserve operating leverage.
Go deeper
For learning and research only — not investment advice. AlphaDog doesn’t hold stocks and isn’t your financial advisor.
Run the next one yourself.
You just read a full GOOGL dossier — scored verdict, valuation, and both sides, with sources. Sign in to run that on a name you hold, on current filings. A free account includes 10 credits a week, 1 per fresh run.