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#1QCIQUALCOMM IncorporatedTechnology #2ITBImperial Brands PLCConsumer Defensive #3ADBAdobe Inc.Technology #4ZOEZoetis Inc.Healthcare #5WOSBWolters Kluwer N.V.Industrials #6BRMBristol-Myers Squibb CompanyHealthcare #7NA9Nagarro SETechnology #8GS71GSK plcHealthcare #9WSUWashTec AGIndustrials #10GISGilead Sciences, Inc.Healthcare #11NDX1Nordex SEIndustrials #12LTECLogitech International S.A.Technology #13EXLExasol AGTechnology #14DT3Dollar Tree, Inc.Consumer Defensive #15IOSIONOS Group SETechnology #16AI3AAmadeus IT Group, S.A.Technology #17KMYKimberly-Clark CorporationConsumer Defensive #18TR4Tractor Supply CompanyConsumer Cyclical #19MUMMensch und Maschine Software SETechnology #20MTEMicron Technology, Inc.Technology #21ENAEndesa, S.A.Utilities #22PALPAL Next AGCommunication Services #23ACTAlzChem Group AGBasic Materials #24VRLNet-Digital AGTechnology #25AEC1American Express CompanyFinancial Services #26PFSEPFISTERER Holding SETechnology #27UNV0Unilever PLCConsumer Defensive #28PEPPepsiCo, Inc.Consumer Defensive #29PRGThe Procter & Gamble CompanyConsumer Defensive #30IPOKHeidelberger Beteiligungsholding AGFinancial Services #31FB2AMeta Platforms, Inc.Communication Services #32UT8Uber Technologies, Inc.Technology #33COYTapestry, Inc.Consumer Cyclical #34NOTNOVARTIS AG NHealthcare #35UR3United Rentals, Inc.Industrials #36LOMLockheed Martin CorporationIndustrials #37EBAeBay Inc.Consumer Cyclical #38TYIAJohnson Controls International plcIndustrials #39ILTIllinois Tool Works Inc.Industrials #40HOTHOCHTIEF AktiengesellschaftIndustrials #41MMM3M CompanyIndustrials #42OBCKOttobock SE & Co. KGaA IHealthcare #43ADPAutomatic Data Processing, Inc.Technology #44XGR2Compass Group PLCConsumer Cyclical #45SEJ1Safran SAIndustrials #46MLB1MercadoLibre, Inc.Consumer Cyclical #47NFCNetflix, Inc.Communication Services #48RDEBRELX PLCIndustrials #49C9FChipotle Mexican Grill Inc. RConsumer Cyclical #50V3VFamiCord AGHealthcare
Veiled Value Stock Screen. This page compares published weekly company figures for valuation, financial strength, price performance, income and risk, with links to the supporting company records and data.
Structured data for this page is available at https://sharemaestro.com/factors/api/strategies/veiled-value/Factor approach · week ending 9 Aug 2026
Veiled Value
Higher price-to-book companies that rank cheaply on other valuation measures.
Current result
What this screen found
The list applies one stated set of rules to the completed weekly market data. It is a research shortlist, not a portfolio.
Average value rank31.2/100Higher means lower valuation relative to market
Average financial-strength rank79.1/100Profitability, balance sheet and cash measures
Average price-performance rank46.6/100Completed returns relative to market
Share of scored market7%50 of 726
Where the list is concentrated
Sector mix
Current qualifying list
How the companies compare
The axes use the two measures most relevant to this screen. Larger green circles have the stronger combined factor score; labels mark the leading results. Select a company to open its report.
Circle size and colour show the combined factor score.
Current qualifying list
Veiled Value companies
Ranks run from 0 to 100. A higher rank is stronger on value, financial strength or price performance.
Value rank39.0/100
Price to book5.5×
Operating earnings / enterprise value7.1%
Strength rank95.0/100
Return on equity36.4%
F-Score6/9
Volatility56.0%
Weekly change-8.0 pts
Value rank71.0/100
Price to book6.1×
Operating earnings / enterprise value9.7%
Strength rank59.0/100
Return on equity51.3%
F-Score6/9
Volatility21.6%
Weekly change-1.0 pts
Value rank61.0/100
Price to book7.9×
Operating earnings / enterprise value9.7%
Strength rank96.0/100
Return on equity62.8%
F-Score7/9
Volatility38.7%
Weekly change-2.0 pts
Value rank64.0/100
Price to book8.3×
Operating earnings / enterprise value10.5%
Strength rank89.0/100
Return on equity82.0%
F-Score6/9
Volatility39.9%
Weekly change+2.0 pts
Value rank57.0/100
Price to book19.5×
Operating earnings / enterprise value8.6%
Strength rank87.0/100
Return on equity163.9%
F-Score7/9
Volatility35.1%
Weekly change+0.0 pts
Value rank61.0/100
Price to book5.7×
Operating earnings / enterprise value9.0%
Strength rank98.0/100
Return on equity36.3%
F-Score8/9
Volatility26.4%
Weekly change+1.0 pts
Value rank59.0/100
Price to book5.6×
Operating earnings / enterprise value10.2%
Strength rank76.0/100
Return on equity27.2%
F-Score6/9
Volatility107.7%
Weekly change-1.0 pts
Value rank38.0/100
Price to book5.1×
Operating earnings / enterprise value7.8%
Strength rank96.0/100
Return on equity32.7%
F-Score9/9
Volatility28.2%
Weekly change+1.0 pts
Value rank57.0/100
Price to book6.2×
Operating earnings / enterprise value8.5%
Strength rank81.0/100
Return on equity36.5%
F-Score7/9
Volatility21.7%
Weekly change+14.0 pts
Value rank34.0/100
Price to book6.1×
Operating earnings / enterprise value7.5%
Strength rank98.0/100
Return on equity39.2%
F-Score8/9
Volatility22.3%
Weekly change-1.0 pts
Value rank37.0/100
Price to book6.9×
Operating earnings / enterprise value8.5%
Strength rank63.0/100
Return on equity20.8%
F-Score8/9
Volatility47.4%
Weekly change+1.0 pts
Value rank35.0/100
Price to book5.9×
Operating earnings / enterprise value6.9%
Strength rank97.0/100
Return on equity32.2%
F-Score7/9
Volatility37.1%
Weekly change-11.0 pts
Value rank60.0/100
Price to book6.9×
Operating earnings / enterprise value8.6%
Strength rank73.0/100
Return on equity38.9%
F-Score6/9
Volatility45.8%
Weekly change+1.0 pts
Value rank39.0/100
Price to book6.2×
Operating earnings / enterprise value6.2%
Strength rank87.0/100
Return on equity36.7%
F-Score8/9
Volatility43.9%
Weekly change+1.0 pts
Value rank29.0/100
Price to book13.5×
Operating earnings / enterprise value6.8%
Strength rank99.0/100
Return on equity71.4%
F-Score8/9
Volatility42.1%
Weekly change+0.0 pts
Value rank33.0/100
Price to book5.0×
Operating earnings / enterprise value6.6%
Strength rank84.0/100
Return on equity27.8%
F-Score7/9
Volatility29.8%
Weekly change-2.0 pts
Value rank30.0/100
Price to book17.4×
Operating earnings / enterprise value6.5%
Strength rank82.0/100
Return on equity118.0%
F-Score4/9
Volatility23.2%
Weekly change-2.0 pts
Value rank38.0/100
Price to book6.1×
Operating earnings / enterprise value6.8%
Strength rank58.0/100
Return on equity43.0%
F-Score6/9
Volatility41.3%
Weekly change-2.0 pts
Value rank22.0/100
Price to book7.4×
Operating earnings / enterprise value7.6%
Strength rank79.0/100
Return on equity38.7%
F-Score5/9
Volatility26.5%
Weekly change+0.0 pts
Value rank21.0/100
Price to book8.5×
Operating earnings / enterprise value7.1%
Strength rank95.0/100
Return on equity50.1%
F-Score7/9
Volatility75.8%
Weekly change-2.0 pts
Value rank32.0/100
Price to book5.0×
Operating earnings / enterprise value6.3%
Strength rank78.0/100
Return on equity25.6%
F-Score7/9
Volatility20.9%
Weekly change+0.0 pts
Value rank68.0/100
Price to book5.4×
Operating earnings / enterprise value—
Strength rank60.0/100
Return on equity-12.9%
F-Score6/9
Volatility66.4%
Weekly change+0.0 pts
Value rank28.0/100
Price to book5.8×
Operating earnings / enterprise value6.2%
Strength rank97.0/100
Return on equity23.8%
F-Score7/9
Volatility44.4%
Weekly change+12.0 pts
Value rank39.0/100
Price to book7.6×
Operating earnings / enterprise value10.5%
Strength rank67.0/100
Return on equity59.3%
F-Score6/9
Volatility58.2%
Weekly change-5.0 pts
Value rank34.0/100
Price to book5.8×
Operating earnings / enterprise value—
Strength rank61.0/100
Return on equity33.0%
F-Score4/9
Volatility26.3%
Weekly change+2.0 pts
Value rank21.0/100
Price to book6.3×
Operating earnings / enterprise value7.1%
Strength rank69.0/100
Return on equity26.2%
F-Score6/9
Volatility42.9%
Weekly change-2.0 pts
Value rank32.0/100
Price to book7.6×
Operating earnings / enterprise value7.1%
Strength rank87.0/100
Return on equity61.0%
F-Score7/9
Volatility20.4%
Weekly change+4.0 pts
Value rank29.0/100
Price to book7.6×
Operating earnings / enterprise value6.9%
Strength rank82.0/100
Return on equity40.8%
F-Score5/9
Volatility21.5%
Weekly change-1.0 pts
Value rank26.0/100
Price to book5.4×
Operating earnings / enterprise value6.3%
Strength rank86.0/100
Return on equity30.5%
F-Score6/9
Volatility16.6%
Weekly change+0.0 pts
Value rank15.0/100
Price to book5.5×
Operating earnings / enterprise value3.1%
Strength rank79.0/100
Return on equity-32.9%
F-Score4/9
Volatility59.8%
Weekly change-1.0 pts
Value rank26.0/100
Price to book5.4×
Operating earnings / enterprise value6.4%
Strength rank94.0/100
Return on equity29.0%
F-Score5/9
Volatility40.6%
Weekly change+0.0 pts
Value rank23.0/100
Price to book5.3×
Operating earnings / enterprise value4.5%
Strength rank58.0/100
Return on equity34.5%
F-Score6/9
Volatility31.4%
Weekly change-3.0 pts
Value rank13.0/100
Price to book41.5×
Operating earnings / enterprise value5.6%
Strength rank99.0/100
Return on equity97.1%
F-Score7/9
Volatility236.6%
Weekly change-1.0 pts
Value rank23.0/100
Price to book6.7×
Operating earnings / enterprise value5.8%
Strength rank98.0/100
Return on equity35.1%
F-Score8/9
Volatility21.2%
Weekly change+0.0 pts
Value rank18.0/100
Price to book7.0×
Operating earnings / enterprise value5.3%
Strength rank66.0/100
Return on equity28.0%
F-Score5/9
Volatility132.2%
Weekly change-3.0 pts
Value rank20.0/100
Price to book15.5×
Operating earnings / enterprise value5.5%
Strength rank75.0/100
Return on equity64.0%
F-Score6/9
Volatility30.5%
Weekly change+1.0 pts
Value rank13.0/100
Price to book10.0×
Operating earnings / enterprise value4.7%
Strength rank85.0/100
Return on equity46.1%
F-Score5/9
Volatility32.2%
Weekly change-2.0 pts
Value rank8.0/100
Price to book6.0×
Operating earnings / enterprise value3.8%
Strength rank62.0/100
Return on equity26.1%
F-Score6/9
Volatility98.9%
Weekly change+1.0 pts
Value rank12.0/100
Price to book22.6×
Operating earnings / enterprise value5.3%
Strength rank82.0/100
Return on equity97.1%
F-Score5/9
Volatility21.7%
Weekly change+0.0 pts
Value rank17.0/100
Price to book22.1×
Operating earnings / enterprise value3.4%
Strength rank38.0/100
Return on equity52.2%
F-Score6/9
Volatility42.1%
Weekly change+0.0 pts
Value rank11.0/100
Price to book25.0×
Operating earnings / enterprise value5.5%
Strength rank78.0/100
Return on equity85.4%
F-Score5/9
Volatility29.0%
Weekly change-1.0 pts
Value rank20.0/100
Price to book9.0×
Operating earnings / enterprise value5.0%
Strength rank82.0/100
Return on equity21.9%
F-Score3/9
Volatility44.9%
Weekly change+0.0 pts
Value rank19.0/100
Price to book14.7×
Operating earnings / enterprise value6.1%
Strength rank95.0/100
Return on equity68.4%
F-Score8/9
Volatility29.9%
Weekly change+0.0 pts
Value rank28.0/100
Price to book5.7×
Operating earnings / enterprise value6.1%
Strength rank76.0/100
Return on equity23.5%
F-Score5/9
Volatility27.3%
Weekly change+1.0 pts
Value rank9.0/100
Price to book10.0×
Operating earnings / enterprise value3.1%
Strength rank57.0/100
Return on equity48.4%
F-Score6/9
Volatility32.3%
Weekly change-3.0 pts
Value rank18.0/100
Price to book11.0×
Operating earnings / enterprise value3.4%
Strength rank88.0/100
Return on equity26.4%
F-Score5/9
Volatility37.7%
Weekly change+1.0 pts
Value rank20.0/100
Price to book8.6×
Operating earnings / enterprise value5.2%
Strength rank77.0/100
Return on equity43.0%
F-Score7/9
Volatility33.6%
Weekly change+1.0 pts
Value rank11.0/100
Price to book22.8×
Operating earnings / enterprise value4.9%
Strength rank88.0/100
Return on equity87.3%
F-Score7/9
Volatility33.1%
Weekly change+1.0 pts
Value rank14.0/100
Price to book15.0×
Operating earnings / enterprise value4.7%
Strength rank85.0/100
Return on equity60.3%
F-Score6/9
Volatility106.7%
Weekly change+3.0 pts
Value rank27.0/100
Price to book7.6×
Operating earnings / enterprise value—
Strength rank14.0/100
Return on equity-92.2%
F-Score6/9
Volatility51.2%
Weekly change-70.0 pts
Full comparison table
| Rank | Company | Sector | Combined | Value | Financial strength | Price performance | P/E | ROE | Volatility |
|---|---|---|---|---|---|---|---|---|---|
| 1 | QCI QUALCOMM Incorporated | Technology | 75.0/100 | 39.0/100 | 95.0/100 | 67.0/100 | 15.1× | 36.4% | 56.0% |
| 2 | ITB Imperial Brands PLC | Consumer Defensive | 73.0/100 | 71.0/100 | 59.0/100 | 32.0/100 | 12.0× | 51.3% | 21.6% |
| 3 | ADB Adobe Inc. | Technology | 72.0/100 | 61.0/100 | 96.0/100 | 12.0/100 | 12.6× | 62.8% | 38.7% |
| 4 | ZOE Zoetis Inc. | Healthcare | 66.0/100 | 64.0/100 | 89.0/100 | 3.0/100 | 10.1× | 82.0% | 39.9% |
| 5 | WOSB Wolters Kluwer N.V. | Industrials | 59.0/100 | 57.0/100 | 87.0/100 | 5.0/100 | 11.9× | 163.9% | 35.1% |
| 6 | BRM Bristol-Myers Squibb Company | Healthcare | 93.0/100 | 61.0/100 | 98.0/100 | 81.0/100 | 15.7× | 36.3% | 26.4% |
| 7 | NA9 Nagarro SE | Technology | 85.0/100 | 59.0/100 | 76.0/100 | 79.0/100 | 20.4× | 27.2% | 107.7% |
| 8 | GS71 GSK plc | Healthcare | 80.0/100 | 38.0/100 | 96.0/100 | 83.0/100 | 15.7× | 32.7% | 28.2% |
| 9 | WSU WashTec AG | Industrials | 72.0/100 | 57.0/100 | 81.0/100 | 38.0/100 | 17.1× | 36.5% | 21.7% |
| 10 | GIS Gilead Sciences, Inc. | Healthcare | 71.0/100 | 34.0/100 | 98.0/100 | 63.0/100 | 15.6× | 39.2% | 22.3% |
| 11 | NDX1 Nordex SE | Industrials | 70.0/100 | 37.0/100 | 63.0/100 | 88.0/100 | 33.3× | 20.8% | 47.4% |
| 12 | LTEC Logitech International S.A. | Technology | 61.0/100 | 35.0/100 | 97.0/100 | 43.0/100 | 18.2× | 32.2% | 37.1% |
| 13 | EXL Exasol AG | Technology | 57.0/100 | 60.0/100 | 73.0/100 | 10.0/100 | 17.8× | 38.9% | 45.8% |
| 14 | DT3 Dollar Tree, Inc. | Consumer Defensive | 57.0/100 | 39.0/100 | 87.0/100 | 39.0/100 | 16.8× | 36.7% | 43.9% |
| 15 | IOS IONOS Group SE | Technology | 31.0/100 | 29.0/100 | 99.0/100 | 12.0/100 | 19.0× | 71.4% | 42.1% |
| 16 | AI3A Amadeus IT Group, S.A. | Technology | 29.0/100 | 33.0/100 | 84.0/100 | 15.0/100 | 18.1× | 27.8% | 29.8% |
| 17 | KMY Kimberly-Clark Corporation | Consumer Defensive | 28.0/100 | 30.0/100 | 82.0/100 | 21.0/100 | 14.8× | 118.0% | 23.2% |
| 18 | TR4 Tractor Supply Company | Consumer Cyclical | 18.0/100 | 38.0/100 | 58.0/100 | 8.0/100 | 14.1× | 43.0% | 41.3% |
| 19 | MUM Mensch und Maschine Software SE | Technology | 15.0/100 | 22.0/100 | 79.0/100 | 12.0/100 | 19.1× | 38.7% | 26.5% |
| 20 | MTE Micron Technology, Inc. | Technology | 73.0/100 | 21.0/100 | 95.0/100 | 99.0/100 | 17.0× | 50.1% | 75.8% |
| 21 | ENA Endesa, S.A. | Utilities | 71.0/100 | 32.0/100 | 78.0/100 | 87.0/100 | 19.7× | 25.6% | 20.9% |
| 22 | PAL PAL Next AG | Communication Services | 67.0/100 | 68.0/100 | 60.0/100 | 25.0/100 | — | -12.9% | 66.4% |
| 23 | ACT AlzChem Group AG | Basic Materials | 62.0/100 | 28.0/100 | 97.0/100 | 59.0/100 | 24.5× | 23.8% | 44.4% |
| 24 | VRL Net-Digital AG | Technology | 56.0/100 | 39.0/100 | 67.0/100 | 58.0/100 | 12.8× | 59.3% | 58.2% |
| 25 | AEC1 American Express Company | Financial Services | 51.0/100 | 34.0/100 | 61.0/100 | 65.0/100 | 17.7× | 33.0% | 26.3% |
| 26 | PFSE PFISTERER Holding SE | Technology | 45.0/100 | 21.0/100 | 69.0/100 | 77.0/100 | 24.1× | 26.2% | 42.9% |
| 27 | UNV0 Unilever PLC | Consumer Defensive | 43.0/100 | 32.0/100 | 87.0/100 | 35.0/100 | 12.4× | 61.0% | 20.4% |
| 28 | PEP PepsiCo, Inc. | Consumer Defensive | 35.0/100 | 29.0/100 | 82.0/100 | 37.0/100 | 18.7× | 40.8% | 21.5% |
| 29 | PRG The Procter & Gamble Company | Consumer Defensive | 32.0/100 | 26.0/100 | 86.0/100 | 34.0/100 | 17.6× | 30.5% | 16.6% |
| 30 | IPOK Heidelberger Beteiligungsholding AG | Financial Services | 32.0/100 | 15.0/100 | 79.0/100 | 62.0/100 | — | -32.9% | 59.8% |
| 31 | FB2A Meta Platforms, Inc. | Communication Services | 28.0/100 | 26.0/100 | 94.0/100 | 17.0/100 | 18.6× | 29.0% | 40.6% |
| 32 | UT8 Uber Technologies, Inc. | Technology | 11.0/100 | 23.0/100 | 58.0/100 | 20.0/100 | 15.5× | 34.5% | 31.4% |
| 33 | COY Tapestry, Inc. | Consumer Cyclical | 69.0/100 | 13.0/100 | 99.0/100 | 99.0/100 | 42.7× | 97.1% | 236.6% |
| 34 | NOT NOVARTIS AG N | Healthcare | 68.0/100 | 23.0/100 | 98.0/100 | 79.0/100 | 19.0× | 35.1% | 21.2% |
| 35 | UR3 United Rentals, Inc. | Industrials | 54.0/100 | 18.0/100 | 66.0/100 | 97.0/100 | 25.1× | 28.0% | 132.2% |
| 36 | LOM Lockheed Martin Corporation | Industrials | 48.0/100 | 20.0/100 | 75.0/100 | 77.0/100 | 24.2× | 64.0% | 30.5% |
| 37 | EBA eBay Inc. | Consumer Cyclical | 39.0/100 | 13.0/100 | 85.0/100 | 71.0/100 | 21.6× | 46.1% | 32.2% |
| 38 | TYIA Johnson Controls International plc | Industrials | 34.0/100 | 8.0/100 | 62.0/100 | 96.0/100 | 22.9× | 26.1% | 98.9% |
| 39 | ILT Illinois Tool Works Inc. | Industrials | 31.0/100 | 12.0/100 | 82.0/100 | 63.0/100 | 23.2× | 97.1% | 21.7% |
| 40 | HOT HOCHTIEF Aktiengesellschaft | Industrials | 30.0/100 | 17.0/100 | 38.0/100 | 95.0/100 | 42.3× | 52.2% | 42.1% |
| 41 | MMM 3M Company | Industrials | 29.0/100 | 11.0/100 | 78.0/100 | 65.0/100 | 29.3× | 85.4% | 29.0% |
| 42 | OBCK Ottobock SE & Co. KGaA I | Healthcare | 29.0/100 | 20.0/100 | 82.0/100 | 43.0/100 | 41.4× | 21.9% | 44.9% |
| 43 | ADP Automatic Data Processing, Inc. | Technology | 28.0/100 | 19.0/100 | 95.0/100 | 29.0/100 | 21.5× | 68.4% | 29.9% |
| 44 | XGR2 Compass Group PLC | Consumer Cyclical | 26.0/100 | 28.0/100 | 76.0/100 | 27.0/100 | 24.3× | 23.5% | 27.3% |
| 45 | SEJ1 Safran SA | Industrials | 18.0/100 | 9.0/100 | 57.0/100 | 67.0/100 | 20.6× | 48.4% | 32.3% |
| 46 | MLB1 MercadoLibre, Inc. | Consumer Cyclical | 17.0/100 | 18.0/100 | 88.0/100 | 16.0/100 | 41.6× | 26.4% | 37.7% |
| 47 | NFC Netflix, Inc. | Communication Services | 11.0/100 | 20.0/100 | 77.0/100 | 6.0/100 | 20.0× | 43.0% | 33.6% |
| 48 | RDEB RELX PLC | Industrials | 10.0/100 | 11.0/100 | 88.0/100 | 11.0/100 | 26.1× | 87.3% | 33.1% |
| 49 | C9F Chipotle Mexican Grill Inc. R | Consumer Cyclical | 8.0/100 | 14.0/100 | 85.0/100 | 0.0/100 | 24.9× | 60.3% | 106.7% |
| 50 | V3V FamiCord AG | Healthcare | 2.0/100 | 27.0/100 | 14.0/100 | 5.0/100 | — | -92.2% | 51.2% |
List against market
How the qualifiers differ
The comparison uses the same completed week and selected market. It shows the result of the screen rather than a claim about future returns.
Median relative ranks
Qualifying list and full market
Volatility distribution
Company size
Stored weekly prices
Historical record
Past results are hypothetical, before trading costs and based on the stated weekly selection rules. They do not show what an investor would necessarily have received.
Historical record is being prepared
The current company list is available now. This section will appear after the stored weekly record has been calculated.
Selection rules
What the screen does
Open a company page to see its exact inputs and every other approach it currently passes.
Higher price-to-book companies that rank cheaply on other valuation measures.
The screen finds companies that look expensive against book value but cheaper against earnings, sales and cash flow. It is useful where book assets explain little of the business.
1 · Market
Start with the selected market
The screen uses published weekly company records from the market shown at the top of the page.
2 · Rules
Apply the same tests to every company
The named measures, thresholds and sorting order are fixed for the screen.
3 · Check
Open the supporting figures
A passing result still needs company, sector, liquidity, accounting and risk research.
Limits of the comparison
Scores are relative to the selected market and can change when the market or its data changes. Accounting dates differ. Historical figures may be revised. A screen can remain out of favour for long periods.
Historical results exclude spreads, commissions, market impact, taxes and capacity limits. They are research evidence, not a forecast, recommendation or personal portfolio.