Terms of Service & Investment Disclaimers

1. Acceptance of Terms

By browsing, accessing, or using GARP.DEV ("the Platform"), you confirm that you have read, understood, and consented to these Terms of Service. If you do not agree with any provision herein, you must immediately exit the Platform.

2. Not Registered Investment Advice (SEC Rule 206(4)-1)

GARP.DEV is a quantitative valuation educational resource and financial modeling utility. We are not an investment adviser registered under the Investment Advisers Act of 1940 or applicable state laws. Nothing contained on this site constitutes individualized investment advice, financial planning, tax guidance, or a recommendation to buy, sell, or hold any security.

3. Fundamental Equity Investment Risks

INVESTMENT RISK NOTICE: Investing in common equities involves significant capital risk, including the potential loss of your entire principal investment. Past financial performance, historical earnings growth rates, and Peter Lynch fair value projections are not guarantees of future investment returns. Financial statement data may be subject to restatement, accounting revisions, or unforeseen macroeconomic shifts.

4. Valuation Formulas & Methodology

Calculations regarding the Peter Lynch Price/Earnings to Growth (PEG) ratio, dividend-adjusted PEGY ratio, and implied margins of safety are mathematical models based on user-entered parameters. Historical Peter Lynch rules of thumb (such as PEG = 1.0 representing fair value) may not be appropriate for all market cycles, cyclical industries, or capital-intensive sectors.

5. FTC Affiliate Relationship Disclosure

In accordance with Federal Trade Commission (FTC) guidelines (16 CFR Part 255), GARP.DEV discloses that we may receive referral commissions from featured institutional software tools, screener platforms, or financial data terminals (such as GuruFocus). These relationships do not dictate our editorial integrity or mathematical models.

6. Limitation of Liability

Under no circumstances shall GARP.DEV, its authors, or technical contributors be held liable for any direct, indirect, incidental, or consequential losses arising from your reliance on calculations, articles, or data models presented on the Platform.