Investor Relation


Investors rely on Value Line for independent, unbiased investment research of the highest caliber. Through an array of digital and print products, Value Line serves both the retail and professional investor markets. Our analyst commentaries and proprietary ranks and ratings are consistently recognized for their accuracy in forecasting the performance and investment potential of companies that we cover, so our customers can make smart investment decisions.

A wholly-owned subsidiary of Value Line Inc, EULAV Asset Management, LLC, is the investment adviser for the Value Line Family of Mutual Funds (Value Line Funds).

Value Line is dedicated to maximizing our long-term growth for the benefit of our shareholders. Our shares are traded on the NASDAQ Global Market® under the symbol: VALU.


Value Line, Inc. (the "Company"), a New York corporation, was organized in 1982 and is the successor to substantially all of the operations of Arnold Bernhard & Company, Inc. ("AB&Co."). As of April 30, 2014, AB & Co. owned approximately 87.9% of the Company’s issued and outstanding common stock.

The Company’s primary businesses are producing investment related periodical publications through its wholly-owned subsidiary, Value Line Publishing, Inc. ("VLP"). The Company also provides investment advisory services to mutual funds, institutions and individual accounts through its asset management subsidiary. VLP publishes in both print and electronic formats for the following services: The Value Line Investment Survey®, one of the nation’s major periodical investment services, The Value Line Investment Survey - Small and Mid-Cap Edition, The Value Line 600, Value Line Select®, The Value Line Mutual Fund Survey, The Value Line No-Load Fund Advisor, The Value Line Special Situations Service®, The Value Line Daily Options Survey and The Value Line Convertibles Survey.

VLP also provides current and historical financial databases in standard computer formats, including DataFile, Estimates & Projections, Convertibles and Mutual Funds. The Company also markets investment analysis software which includes The Value Line Investment Analyzer, Value Line Mutual Fund Survey for Windows®, Value Line Daily Options Survey, Value Line Electronic Convertibles and Value Line Research Center. These electronic products are available on CD-ROM and/or on this site. The Company’s print and electronic services are marketed from time to time through media, direct mail and the internet to retail and institutional investors.

The Company’s wholly-owned subsidiary, EULAV Asset Management, LLC ("EULAV") is the investment adviser for the Value Line Family of Mutual Funds (Value Line Funds), which on June 30, 2008 included 14 open-end investment companies with various investment objectives. EULAV also manages investments for private and institutional clients. EULAV is registered with the Securities and Exchange Commission as an investment adviser under the Investment Advisers Act of 1940.

In addition to Value Line Publishing, the Company’s other wholly-owned subsidiaries include Value Line Securities, Inc., Vanderbilt Advertising Agency, Inc., Compupower Corporation, and Value Line Distribution Center (VLDC). Value Line Securities, Inc. is a registered broker-dealer and distributor to the Value Line Funds. Vanderbilt Advertising Agency, Inc. places advertising on behalf of the Company and its subsidiaries’ businesses. Compupower Corporation serves the subscription fulfillment needs of the VLP’s publishing operations. VLDC primarily handles all of the mailings of the publications to VLP’s subscribers. Additionally, VLDC is a disaster recovery site for the New York operations. The name "Value Line," as used to describe the Company, its products, and its subsidiaries, is a registered trademark of the Company.

Corporate Personnel

Executive Officers

Howard A. Brecher, Chief Executive Officer and Chairman of the Board of Directors
Stephen R. Anastasio, Vice President and Treasurer

Board of Directors

Howard A. Brecher
Stephen Davis
Alfred Fiore
William Reed
Glenn Muenzer
Stephen A. Anastasio
Mary Bernstein

Code of Business Conduct and Ethnics

As mandated by the Securities and Exchange Commission, this Code of Business Conduct and Ethics (this “Code”) sets forth legal and ethical standards of conduct for the directors, officers and employees of Value Line, Inc. and subsidiaries (the “Company”). This Code is intended to deter wrongdoing and to promote the conduct of all Company business in accordance with high standards of integrity and in compliance with all applicable laws and regulations. This Code applies to the Company and each director and employee including the principal executive officer, principal financial officer, principal accounting officer or controller of each entity and persons performing similar functions. If you have any questions regarding this Code or its application to you in any situation, you should contact the Chief Executive Officer (the “CEO”). To continue reading, please visit the Code of Business Conduct and Ethics page.