Compound interest
See how an investment grows over time.
STOK MARKET ACADEMY
Learn the stock market. Analyze like a pro.
A free, no-nonsense academy: understand the terms, learn to read a company's financials, and value a business — then put it into practice.
Learning paths
Three steps from complete beginner to reading a company
01 Start investing
What a share really is, how the market works, compound interest, and how to build your first watchlist — without the jargon.
→ 02 Read a companyLearn to read the income statement, balance sheet, and cash flow statement — the three reports every company publishes.
→ 03 Value a businessThe ratios that matter (P/E, EV/EBITDA, ROE, ROIC) and how to estimate what a company is actually worth.
→The glossary
Every investing term, explained plainly
Clear, example-led definitions of the terms you'll meet when you analyze a stock — from dividend yield to EBITDA.
Browse the glossary →Calculators
Run the numbers yourself
Free, interactive calculators to build intuition for the concepts you're learning.
Dividend yield
Turn a share price and dividend into a yield.
EBITDA margin
Measure a company's operating profitability.
From learning to doing
Ready to analyze real companies?
Stok Terminal is our companion app: a company's financials, ratios, filings, and charts in one place — so you can apply everything you learn here to real businesses.
Explore Stok Terminal →FAQ
Questions about learning the market
Is Stok Market free? +
Yes. Every glossary term, guide, and calculator on Stok Market is free to read, with no account required.
Do I need any experience to start? +
No. The learning paths start from the basics — what a share is, how to read the numbers a company reports — and build up to reading financial statements and valuing a business.
Is this financial advice? +
No. Stok Market is purely educational. We explain concepts and show you how to analyze companies; the decisions are always yours.
What is Stok Terminal? +
Stok Terminal is our companion product: a fundamental-analysis web app that puts a company's financials, ratios, filings, and charts in one place — so you can apply what you learn here to real companies.