Excel Stock Analyzer – Version 1.0

Published: December 25, 2014 at 8:33 am

Last Updated on June 19, 2019

Use this Excel spreadsheet to analyze Indian stocks.  I am trying to build a stock analyzer with which one can comprehensively analyze a stock, obtain fair value with different methods, obtain growth rates of different metrics and visualize them graphically.

This is the first version of such an attempt. The sheet calculates ‘fair value’ of a stock using the ‘price multiple model’. Other valuation models will be incorporated in the coming days.

Users would need to create a free MorningStar India account, navigate to the stock page there and download the data file from the ‘Financials and Key Ratios’ tab and follow simple instructions give in the stock analyzer spreadsheet.  The sheet can be used without an Morningstar account as well but some metrics may be missing.

MorningStar India’s stock info is not as comprehensive as its US page.  My aim is to source as much as information as possible from direct online resources instead of having to look at the balance sheet.  I understand that as of now, this is not possible, but try we must.

The sheet is flexible. The user can paste any other metric from say Screener.in or VR online etc and analyze it using the cell formula. Of course this needs a bit of Excel knowledge.

Please recognize that this is the work of a student who is trying to learn how to value and understand businesses.  Please check the formulae used, before making any conclusions based on this sheet.  My lack of experience in picking stocks should be visible in the sheet.

All the factors that influence a business can never be put on an Excel spreadsheet.  This is an analysis of the past with the future unknown.  However,  ‘good management’ should show up in the numbers and hopefully does not change overnight.

Here are some screenshots (click to enlarge)

The sheet where Morning Star India data must be pasted by the user
The sheet where Morning Star India data must be inserted by the user
The analysis sheet
The analysis sheet
All metrics from the analysis sheet can be graphically analyzed
All metrics from the analysis sheet can be graphically analyzed
Valuation with price multiple model
Valuation with ‘price multiple model’

More valuation models will be added in future versions.  If you have suggestions to improve this sheet, I am all ears.

Merry Christmas! Thank you for kind support and encouragement.

Download the Excel Stock Analyzer Spreadsheet 

Download version 14th of the freefincal stock analyzer June 16th, 2019

Version 3.0 14-01-2014. Automated version.

Version 2.0  27-12-2014. Two sheets dedicated to Warren Buffett’s approach to stock valuation.

Version 1.1  – 25-12-2014 Thanks to Balaji Swaminathan for pointing that ADR listings produce an error because of USD. The error is now corrected.  Also, thanks to Raghavendra Shenoy for suggesting that a disclaimer be added to the price multiple model sheet:

Version 1.0 25-12-2014

Do share if you found this useful

How to profit from content writing: is our new ebook for those interested in getting side income via content writing. It is at available at a 50% discount for Rs. 500 only!
Did you know? We have more than 900+ videos on YouTube to explore! Join our YouTube Community!

Use our Robo-advisory Excel Template for a start-to-finish financial plan!

Join our courses in exclusive Facebook Groups!

  • 520+ members are now part of our new course: How to get people to pay for your skills! (watch 1st lecture for free). Learn how to get people to pay for your skills! Whether you are a professional or small business owner who wants more clients via online visibility or a salaried person wanting a side income or passive income, we will show how to achieve by showcasing your skills and building a community that trusts you and pays you!
  • Goal-based portfolio management! Join 2125+ members and get clarity on how to plan for your goals and achieve the necessary corpus no matter what the market condition is!! Watch the first lecture for free!  One-time payment of Rs. 3000 only. No recurring fees! Life-long access to videos (10+ hours content)  in an exclusive Facebook Group! Reduce fear, uncertainty and doubt while investing! Learn how to plan for your goals before and after retirement with confidence.

Want to check if the market is overvalued or undervalued? Use our market valuation tool (will work with any index!) or you buy the new Tactical Buy/Sell timing tool!
We publish mutual fund screeners and momentum, low volatility stock screeners .every month.
About the Author Pattabiraman editor freefincalM. Pattabiraman(PhD) is the founder, managing editor and primary author of freefincal. He is an associate professor at the Indian Institute of Technology, Madras. since Aug 2006. Connect with him via Twitter or Linkedin Pattabiraman has co-authored two print-books, You can be rich too with goal-based investing (CNBC TV18) and Gamechanger and seven other free e-books on various money management topics. He is a patron and co-founder of “Fee-only India,” an organisation to promote unbiased, commission-free investment advice. He conducts free money management sessions for corporates and associations based on money management. Previous engagements include World Bank, RBI, BHEL, Asian Paints, Cognizant, Madras Atomic Power Station, Honeywell, Tamil Nadu Investors Association, IIST Alumni Association. For speaking engagements write to pattu [at] freefincal [dot] com
About freefincal & its content policy Freefincal is a News Media Organization dedicated to providing original analysis, reports, reviews and insights on developments in mutual funds, stocks, investing, retirement and personal finance. We do so without conflict of interest and bias. Follow us on Google News. Freefincal serves more than one million readers a year (2.5 million page views) with articles based only on factual information and detailed analysis by its authors. All statements made will be verified from credible and knowledgeable sources before publication. Freefincal does not publish any paid articles, promotions, PR, satire or opinions without data. All opinions presented will only be inferences backed by verifiable, reproducible evidence/data. Contact information: letters {at} freefincal {dot} com (sponsored posts or paid collaborations will not be entertained)
Connect with us on social media
Our publications

You Can Be Rich Too with Goal-Based Investing

You can be rich too with goal based investingPublished by CNBC TV18, this book is meant to help you ask the right questions, seek the correct answers, and since it comes with nine online calculators, you can also create custom solutions for your lifestyle! Get it now. It is also available in Kindle format.
Gamechanger: Forget Startups, Join Corporate & Still Live the Rich Life You Want Gamechanger: Forget Start-ups, Join Corporate and Still Live the Rich Life you wantThis book is meant for young earners to get their basics right from day one! It will also help you travel to exotic places at low cost! Get it or gift it to a young earner.

Your Ultimate Guide to Travel

Travel-Training-Kit-Cover-new This is an in-depth dive analysis into vacation planning, finding cheap flights, budget accommodation, what to do when travelling, how travelling slowly is better financially and psychologically with links to the web pages and hand-holding at every step. Get the pdf for Rs 199 (instant download)
Free android apps