I.B.N.A.U.F
Independent · Business · Neutral · Assessment · Underwriting · Framework
◆ This site is under development — access is limited to account holders.
The neutral test bench for the decision

Every decision is a deal.Opportunity made. Decision governed.

A neutral bench that weighs the opportunity and the decision before you commit — it surfaces the assumption a decision rests on, where it breaks, and when no number should be given. Every verdict is board-defensible and fully auditable. The decision stays yours.

The integrity gate · live
Number ready
Range $12.40 – $19.80
Data qualityHigh
The decision stays yours.
The framework

A framework, not a calculator.

Neutral by design

Intrinsic value is derived from the company's own data — never its share price. Assumptions are shown before the result; the warning sits above the number.

Fragility, ranked

It orders your assumptions from most fragile to most solid, and shows the smallest change that flips the decision — before the market does.

A defensible decision

The output is not buy or sell. It is a documented, underwritten decision: range, assumptions, evidence, risks — ready to defend before a board.

The integrity gate

When a number can't be trusted, we say so.

Most tools return a number for every company. Ibn Auf checks first — currency, share basis, company type, model stability — and refuses, routes, or guards the answer when the inputs don't earn one. Pick a case:

Built for the room where it's decided

From the analyst's desk to the boardroom table.

The rooms

Enter where the work happens.

Each room opens a stage of the decision — go straight in, or sign in to the portal for the full set.

Test your decision
1Discover
2Intent
3Assumptions
4Verdict
5Commit
6Monitorsoon
SAMPLE

Bring your own data

Enter the figures from your own source.
Assumptions are stated here before output. Missing figures are rejected, not guessed.
Your decision stays private. Uploaded company facts may be pooled without your assumptions.
Choose a market Stocks
Know your company? Pick it. Not sure yet? Explore.
Most people aren't sure yet — that's fine. Browse by what matters to you; we load each company's real history, and the bench judges your logic, not the stock.
What are you looking for?
More companies open as live data connects.
Meet the company

Company readout fills when the source connects
Current price—
In your currency—
3-yr high / low—
Dividend (cash + bonus)—
Earnings per share—
Splits / bonus issues—
Price averages
1W1M1Q6M1Y

Your readout room — price, averages, dividends, splits, all in one place. A split can make a price look cheap when nothing changed; the readout shows that. We fetch it; we never invent it.

What comes next is not a stock price and not a buy/sell call. You set your own assumptions about the future — the bench judges whether your logic holds, and tells you where it breaks.
In-platform reference
Where this company's history comes from
Summary · free

Computed from the company's annual revenue and free cash flow, averaged over five years.
Full detail · upgrade
Year-by-year figures (5 years)
Full methodology & adjustments
Source citation (public filings)

On upgrade, the actual figures are fetched from public filings and shown here, inside the platform — never an external link.

We keep you in-platform.
Your decision

Why are you looking at this company?

Your intent shapes what the bench reveals — and what it honestly cannot promise you.
Market

Pick an asset to read it

We read it on its own terms, then govern your trade discipline.
Live · free global data
Spot only · no leverage, no margin
Your trade plan

In your language: where in, where out?

We will not predict the price or tell you to buy. We govern one thing: whether your own plan is disciplined.
Market snapshot fills when the source connects
Live price—
Change—
In your currency—
24h high / low—
Volume—
Moving averages—
Market · currency—
Trendprice chart — drawn when connected
Market-moving news—

We fetch this for you — you never leave. When the market is closed it shows the last price and reopening time; on a fault it says so plainly.

What's your horizon? Speculation isn't one thing.
Now, what do you believe?
These are your assumptions about the future — not facts. Move them.
10%
Per year, next 5 years.
18%
Free cash as a share of revenue.
9%
Higher means stricter.
2.5%
Be careful — this one breaks models.
The verdict on your logic
Number ready
The decision stays yours.
So — is this your call?
Stage 6 · Monitoring

Your decision is recorded — now we watch it.

In parallel, we monitor other approaches and set them beside yours over time, so you learn.
Live outcome tracking opens when the market feed connects. Your decision is recorded and ready.

You've used today's free runs.

Come back tomorrow — or open the markets the free bench can't reach yet.

Sectors Crypto Forex Metals & commodities Global markets
How the engine works

Six stages, one engine.

These are six stages of one engine, not six tools.

01

Decision Case

DECISION · القرار

Open a case for a company, project or stake. Build on company data, not market noise.

Understand more →
02

Assumption Builder

ASSUMPTIONS · الافتراضات

Growth, margin, debt, discount rate, multiples — every assumption explicit and editable.

Understand more →
03

Fragility Scan

CHALLENGE · الاستقصاء

The engine asks back: where is the growth from? What breaks the decision first?

Understand more →
04

Evidence Panel

EVIDENCE · الأدلّة

Every figure tied to a source and a confidence level. Known, assumed, or missing.

Understand more →
05

Decision Readiness

READINESS · الجاهزية

Not buy or sell — Ready, Needs Review, Insufficient Data, or High Risk.

Understand more →
06

Underwriting Memo

EXPORT · التصدير

Export a board-ready memo: range, assumptions, risks, evidence, and open questions.

Understand more →
Understand the engine

Six stages, explained.

What each stage is, what it means, and why it matters.

01

Decision Case

DECISION · القرار
What it is
You open a case for a real decision — a company, a project or a stake — so the decision has a standing file of its own.
What it means
The engine works on the entity itself — its earnings, cash flows and growth — not on the market price or its noise.
Why it matters
Because a sound decision starts from what the thing is, not from what the market says its price is this minute.
02

Assumption Builder

ASSUMPTIONS · الافتراضات
What it is
Every input that drives the number — growth, margin, debt, discount rate, multiples — appears explicit and editable.
What it means
Nothing is hidden in a black box; you see every assumption and you own it.
Why it matters
Because an answer is only as honest as its assumptions — so they must be visible and open to debate.
03

Fragility Scan

CHALLENGE · الاستقصاء
What it is
The engine interrogates your assumptions — where does the growth come from? What breaks the decision first?
What it means
It challenges you back; it does not merely compute.
Why it matters
Because a number that has never been challenged has not yet earned trust.
04

Evidence Panel

EVIDENCE · الأدلّة
What it is
Every figure is tied to its source and a confidence level — known, assumed, or missing.
What it means
You can see what is solid and what is a guess.
Why it matters
Because integrity is knowing how much each number deserves to be trusted.
05

Decision Readiness

READINESS · الجاهزية
What it is
A readiness verdict, not a buy or sell call — Ready, Needs Review, Insufficient Data, or High Risk.
What it means
It tells you whether the decision is mature enough to make — not what to do.
Why it matters
Because we judge the integrity of the decision; we do not make it for you.
06

Underwriting Memo

EXPORT · التصدير
What it is
You export a board-ready memo — scope, assumptions, risks, evidence, and the open questions.
What it means
A defensible record that others can audit.
Why it matters
Because a decision worth making is worth recording in a way that can be defended.
Methodology

One process. Every kind of decision.

The functions change with the inputs; the process stays constant — inputs, model, the fragile assumption it rests on, and where it breaks first.

A defensible range — not a single number
Conservative$6.4
Base$15.3
Optimistic$28.1
Defensible rangeWACC 4.8%

Readiness, not recommendation

The verdict is a state — Ready, Needs Review, Insufficient Data, or High Risk — that a committee can act on and document. Never buy or sell.

Evidence behind every figure

Each input is tied to a source and a confidence level — known, assumed, or missing — so the decision is auditable, not a black box.

01

Inputs

Company data, not market noise — verified against an independent second source.

02

Model

Transparent method — every assumption visible and editable before any result.

03

Fragile assumption

The engine reveals which assumption the number rests on, and ranks where it breaks first.

04

Defensible decision

A documented memo — range, assumptions, evidence, risks — ready for the room where it's decided.

User portals

Each audience, its own portal.

From a student learning to read a number, to a sovereign fund governing a decision.

STUDENT · الطالب
Live

Education

التعليم

Learn to read a number the Ibn Auf way.

INDIVIDUAL · الفرد
Live

Individual

الفرد

Two ways to enter — your intent sets the scope.

COMPANY · الشركة
Live

Company

الشركة

Corporate investing, deals, valuation — opening human services.

SOVEREIGN · سياديّة
Live

Sovereign

سياديّة

Funds and mandates at institutional scale.

Student · individual · company · sovereign

Each audience enters its own world, through one framework.

Company portal

Five doors, one bench.

For a company: invest, value, weigh deals and assets.

CORPORATE INVESTING · استثمارٌ مؤسّسيّ
By the engine

Corporate investing

استثمارٌ مؤسّسيّ

Read a company from its own data, with discipline.

VALUATION · التقييم
By the engine

Valuation

التقييم

Intrinsic value built from the statements.

FUNDS · الصناديق
By the engine

Funds

الصناديق

Govern portfolio decisions, asset by asset.

DEALS · الصفقات
Human service

Deals

الصفقات

Acquisition, merger, liquidation — human review.

ASSET PURCHASE · شراء الأصول
Human service

Asset purchase

شراء الأصول

Stakes, real estate, non-traded — a field study.

Live data is being connected market by market.

Invest · value · funds · deals · assets

Both leave a record the board can audit.

Sovereign portal

Funds and mandates, on the record.

At institutional scale, the question is the governance around the number.

FUNDS · الصناديق
By the engine

Funds

الصناديق

Portfolio and allocation decisions at scale.

MANDATES · التفويضات
Human service

Mandates

التفويضات

Institutional mandates — a managed engagement.

GOVERNANCE & ISOLATION · الحوكمة والعزل
Governance

Governance & isolation

الحوكمة والعزل

An auditable, tamper-evident decision record.

Sovereign engagements run on isolated data and a dedicated governance chain.

Funds · mandates · governance · isolation

At sovereign scale, the record matters as much as the number.

Capital market · business community

Where the numbers meet the room.

The market, in context

Read the market. Question it.

Prices are context, not verdicts. Ibn Auf places the market beside the model — never above it.

2222.SRSaudi Aramco
on live feed
1120.SRAl Rajhi Bank
on live feed
AAPLApple Inc.
on live feed
Live prices connect when data providers are linked. Symbols shown for context only — not quotes, not advice.
Illustrative chart · not a live index

The room

Proximity to the decision-maker is the real asset. Ibn Auf is a pass into the room — not just a tool on the desk.

The network

A business community where capability, capital and judgment are organised under one directed interface.

The discipline

No luck — relationships, skill, position and influence. Professional work that builds standing.

Markets covered Global Arab Gulf Saudi
Gold—live · pending

A price is not a verdict. We ask: at this level, what real return is the market assuming — and where does that assumption break?

Crude oil · Brent—live · pending

We place the barrel beside the model, never above it — the question is which assumption the price rests on, not the number itself.

Silver & metals—live · pending

Metals are context for a decision, not the decision. Live values connect through a data provider — the lens stays the same: question, don't anchor.

Ibn Auf is a decision-governance support platform — not investment advice. The decision, and its responsibility, are the user's.
The tool

Test the decision — live.

Move the assumptions and watch the range, the readiness verdict, and what breaks first. A working prototype on a sample company.

Given · Revenue $1,000M · Shares 100M · Net debt $200M
Reverse · what must you believe?
—
A defensible range — not a single number
TV ——
Fragility — what breaks first
Evidence — the basis of each input
Revenue growth
3-yr average · EDGAR
High confidence
FCF margin
Filed statements
Medium
Discount rate
Single source — verify
Data gap
Insights

On judgment, value, and the room.

Short notes on how decisions are interrogated before they are made.

NOTE 01 · Governance

When the terminal value owns the verdict

If most of a number sits in its terminal value, it is a forecast dressed as a fact.

NOTE 02 · Risk

A low WACC can manufacture optimism

On a highly-levered company, a small change in the cost of debt can flip the whole decision.

NOTE 03 · Governance

Readiness, not a recommendation

A board does not need a buy signal. It needs to know whether the decision is ready to defend.

About

An independent house for opportunity and decision.

The company

Ibn Auf is the public identity of I.B.N.A.U.F — an independent framework for making opportunities and governing decisions. It does not trade, sell, or take a side. It is the neutral bench where an opportunity, and the decision built on it, are weighed before commitment — across decision types and markets.

The philosophy

Every decision rests on an assumption. Ibn Auf is built to slow the decision down — to surface the assumption, test the evidence, rank the risk, and say plainly when no number should be given. It does not push toward a transaction, and it does not present value as a single final figure. The decision, and its responsibility, stay with you.

The letters
IIndependent
BBusiness
NNeutral
AAssessment
UUnderwriting — risk review before a decision is approved
FFramework

An independent, neutral framework for assessing business decisions and reviewing their readiness to be relied upon.

The mark

The ascending bars are value as it is tested and built — in the market, step by step, never in noise. The Arabic wordmark “Ibn Auf” carries the identity; the letters I.B.N.A.U.F carry the framework. Drawn together, the mark states what the platform does.

The story

The name was not chosen first and explained later. The letters came first — a framework for neutral, disciplined decisions — and from them a name appeared: Ibn Auf. We treated it not as ornament but as discovery: a name found in what was already there. That is the platform’s own thesis, lived once before it was built — an opportunity is not handed to you; it is seen, then taken.

Ibn Auf · The platform

An independent framework for making opportunities and governing decisions — educational tiers for all, and a separate licensed layer for institutions.

IBN AUF · The advisory

A human advisory house that enters at board level. Shared core, separate garment — and neutrality is the asset that opens the door.

Neutral

No position on the client's number, no channel to an interested arm. Neutrality is structural, not a slogan.

Bilingual

Arabic and English from the ground up — built for the Gulf boardroom and the global desk alike.

Independent

The platform stands on its own — free of any product it might otherwise be tempted to sell.

The portal

Your rooms.

Previewing as
The badge on each room is this role's permission — not a button. Change the role to see access change.
Preview mode — rooms shown by membership type. When the backend is live, the portal opens only the rooms your account permits.
Operations console · internal

Run the platform.

Previewing as
The badge on each surface is this role's permission — not a button. Change the role to see access change.
Preview mode — surfaces shown by internal role. When the backend is live, the console opens only what your role permits. No one sees a user's decision content without that user's explicit, logged authorization.
Education portal

Learn to read the number.

Six short lessons in the Ibn Auf way of judging a number.

0 / 6

Educational content only — not investment advice.

The inputs

Build the assumption.

Every decision rests on assumptions. Set them here — the bench shows the verdict, and says plainly when the inputs don't earn a number.

Growth & margins
12%
Annual, next 5 years.
18%
2.5%
Long-run, beyond the forecast.
Discount & risk
9%
High
Low data can withhold a number.
The integrity gate

Readiness, not a number.

Number ready

The inputs support a defensible range. Submit to open a decision case.

    The screener

    Scan, then rank.

    Filter a market by region, size and mode — then let the bench flag where a number can be trusted, and where it cannot.

    Illustrative examples — fictional companies, not real verdicts
    Demo data with fictional names, shown to preview how screening will work. US-listed equities open first; other markets and regions are marked “soon” and connect as data providers are linked. No row here is a real screen of a real company.
    The scope

    Across decisions and markets.

    Opportunities are made and decisions governed across decision types and markets. Available now, or opening as data and method are validated.

    Decision types
    Available

    Company

    Value a company on its own data — not its share price.

    Available

    Acquisition

    Underwrite a target and the price you can defend.

    Soon

    Merger

    Weigh two sides and the combined case.

    Soon

    Liquidation

    Floor value when the decision is to exit.

    Soon

    Expansion

    Test the case for committing new capital.

    Markets
    Available

    Equities

    US-listed first; other exchanges to follow.

    Soon

    Currencies

    What a rate assumes — and where it breaks.

    Soon

    Commodities

    Price as a question, not a verdict.

    Soon

    Metals & energy

    Real return embedded in the level.

    Soon

    Contracts

    Terms underwritten before commitment.

    Soon

    Digital

    Where a number can rarely be trusted — said plainly.

    The audit trail

    Every step, sealed in a chain.

    Each decision event is hashed and linked to the one before it. Change any record and the chain breaks — so the trail is tamper-evident, and the decision stays defensible.

    Chain intact
    Demonstration of the tamper-evident model. In production the chain is sealed server-side; this preview computes a lightweight hash in the browser to show the principle.
    Governance

    Every decision climbs — and leaves a trace.

    Nothing is adopted without passing its gate. Each crossing is recorded, producing a visible decision chain from the first question to the final seal.

    01

    Team

    Builds the analysis and interrogates the assumptions.

    trace ✓
    02

    Committee

    Reviews and challenges before raising it.

    trace ✓
    03

    Board

    Decides on a visible chain — never a black box.

    trace ✓
    04

    Chair

    Seals it — and the full trace is preserved for review.

    sealed
    Plans

    Own what you use. Subscribe only to live data.

    From an individual learning to read a number, to a sovereign institution governing a decision.

    Learn
    EDUCATIONAL
    Free
    On open sources — for individuals and students.
    • Core fragility engine
    • Readiness verdict
    • US market · EDGAR
    Popular
    Pro
    OWN THE TOOLS
    Buy once
    Tools bought once and owned — no subscription.
    • Full value family
    • Evidence & two-source check
    • Export decision memo
    Enterprise
    GOVERNANCE
    Contract
    Governance gates and the full decision chain.
    • Four gates & trace
    • Roles & permissions
    • Live data subscription
    Sovereign
    INSTITUTIONAL
    Custom
    For banks, sovereign funds and major institutions.
    • API-first architecture
    • Data isolation
    • Dedicated support
    Pricing shown as tiers, not figures — a prototype. The educational tier is not investment advice.
    Contact

    Enter the room.

    Ibn Auf opens for individuals, analysts, committees and boards. Tell us where you sit, and we'll match the right depth.

    Ibn Auf · Platform

    The independent decision framework. Educational tiers and a licensed enterprise layer.

    IBN AUF · Advisory

    The advisory house that enters at board level — shared core, separate garment.

    Coming soon
    Company · Our team

    The people behind the bench.

    A multidisciplinary team across leadership, engineering, governance and research.

    Soon
    Leadership
    Soon
    Engineering
    Soon
    Governance
    Soon
    Product
    Soon
    Research
    Soon
    Operations
    This page is being designed.
    Coming soon
    Company · Partners

    Built with trusted partners.

    Data providers, custodians, advisors and institutions that strengthen the framework.

    Soon
    Data providers
    Soon
    Custodians
    Soon
    Advisors
    Soon
    Institutions
    Soon
    Exchanges
    Soon
    Auditors
    This page is being designed.
    Coming soon
    Company · Join us

    Build the neutral bench with us.

    Open roles will be posted here across engineering, research, governance and design.

    Open soon

    Software Engineer

    Engineering
    Open soon

    Quant Researcher

    Research
    Open soon

    Governance & Compliance

    Governance
    Open soon

    Product Designer

    Design
    Open soon

    Partnerships Lead

    Partnerships
    Open soon

    Operations

    Operations
    This page is being designed.
    Coming soon
    Framework · Technology

    The engine under the verdict.

    The pillars that compute, test and judge — each disclosed, none a black box.

    Building

    Valuation engine

    DCF, comparables and dividend models — computed independently, then reconciled.

    Building

    Integrity ledger

    A tamper-evident hash-chain that records every decision step, auditable end to end.

    Building

    Reasonableness bands

    The Mizan: weighs your assumptions against a company’s real history before any number.

    Building

    Suitability gate

    Knows when not to give a number — and says so, loudly, rather than guessing.

    Building

    Data layer

    Public filings and live feeds, fetched server-side and shown in-platform.

    Building

    Access architecture

    A role-and-room permission model so the right person sees the right view.

    This page is being designed.
    Company & Sovereign · services

    Built on established standards.

    One layer above the standards.

    IVS 104 / 106 · USPAP · RICS

    Valuation

    Standard: the global IVS reference with three approaches (market, income, cost) and new chapters on Data (104) and Documentation (106); for 409A, M&A or litigation an audit-defensible report signed by a credentialed appraiser is required.

    Ibn Auf: we build value from the company statements, document every assumption openly and challengeably, and end in a defensible readiness verdict — refusing a number when the data does not earn it. For a signed opinion, a human appraiser steps in.

    IPS · per-holding screening

    Corporate investing

    Standard: institutions codify policy in an Investment Policy Statement (IPS) and screen every holding individually — as the largest sovereign fund now does across its whole portfolio with language models.

    Ibn Auf: we read a company from its own data at corporate scope with no speculation, and test each holding data integrity before any verdict.

    IPS · allocation discipline

    Funds

    Standard: disciplined asset allocation, rebalancing, manager selection and operational due diligence, under a board-approved policy.

    Ibn Auf: we govern portfolio decisions asset by asset, each judged on its own terms, leaving a defensible record.

    M&A lifecycle · VDR audit trail

    Deals

    Standard: the deal lifecycle (pipeline, diligence, integration) over a secure data room with a full audit trail, structured Q&A and a defensible record (Datasite, Intralinks, iDeals, DealRoom).

    Ibn Auf: an integrity-and-record layer over the deal — judging whether its numbers and assumptions deserve trust, and opening independent human review and a records audit.

    RICS Red Book · IVS

    Asset purchase

    Standard: real estate and non-traded assets need a field study and records (RICS Red Book with IVS), not a live price.

    Ibn Auf: we produce no automated number for a non-traded asset; we open a field study and a records audit and leave a defensible record. Refusing a false number is our integrity.

    Santiago Principles · IFSWF

    Sovereign mandates & governance

    Standard: governance separating owner (state), board and management, with an investment policy, risk limits, independence and transparency (Santiago Principles, IFSWF).

    Ibn Auf: a tamper-evident governance structure with data isolation per mandate; an independent, managed sovereign engagement, not an automated answer.

    Data-driven services run through the engine; heavy services open human review.
    Coming soon
    Framework · Decision Memo

    A board-ready memo, not a buy signal.

    Every assessment can export a structured memo: the range, the assumptions behind it, the risks, the evidence, and what is still open.

    Preview

    The range

    What the assumptions imply — stated as a defensible range, never a single false-precise number.

    Preview

    Assumptions

    Every input laid bare, with where it sits against the company’s history.

    Preview

    Risks

    Where the decision is fragile, and which assumption breaks it first.

    Preview

    Evidence

    The public sources behind the numbers, shown in-platform.

    Preview

    Open questions

    What the bench could not settle — declared, not hidden.

    This page is being designed.