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The 14th edition of the freefincal stock analyzer is now available for free download. Since Morningstar changed to site layout the sheet could no longer download financials and many users wrote to me about this. In this edition, I had changed the way the sheet retrieves data. Give this a try and let me know your feedback. What does this sheet do you ask?
The automated stock analyzer pulls financials from Morningstar, stock price history from moneycontrol and calculates the intrinsic value in six different ways, along with Dupont analysis, Graham number, Piotroski and Altman Z-scores for financial health.
It also auto-generates Hewitt Heiserman Jr.’s Earnings Power Box, thanks to the efforts of Rs. Srivatsan, who explained how to identify good business from a bad one: It’s Earnings That Count: Forget the next Infy; Can you identify the next Satyam? This is my fav tool in the sheet!
If you do not prefer MorningStar financials, you can use Automated Earnings Power Stock Analysis With Screener.in data
Downloading Financials From MorningStar
The new sheet has been created with the latest Office 365 edition and will only work in Excel version that supports Power Query functions (above Exel 2010 versions). It will not work in Mac.
All you need to do is to follow the instructions step by step as given in the sheet. Select the stock you need to analyze ==> Clear the existing data in the MorningStar financial sheet ==> Run the data query ===> Open the auto-downloaded CSV file from MorningStar ===> Copy data and paste on to the analysis sheet.
Other features of the stock analysis spreadsheet
The automated stock analysis sheet
- pulls financials from Morningstar and analyzes them
- pulls adjusted stock price history from money control, and
- calculates the intrinsic value in six different ways!
It also pulls annual (standalone/consolidated) and quarterly financials from Value Research online.
All the following features have been explained in previous posts.
- Earnings Power Box: Pros & Cons of Finding Stocks with Earnings Power for Long-Term Profits
- Valuation models available:1) Price Multiple Model2) Sustainable Growth Rate
3) Book Value Growth Rate: Warren Buffett Method of Stock Valuation
4) Discounted Cash Flow(DCF): used to estimate how attractive the stock is by estimating future cash flows. Read more: Automated Stock Analyzer – Discounted Cash Flow Valuation
5) Reverse DCF Valuation
6) Graham formula and Graham number
7) Piotroski Score for the last 9 financial years: A score used in Value Investing. See: Using Piotroski Score for Stock Analysis
8) Earnings Growth Estimate.
9) Automated Return on Equity Analysis with the Dupont Formula: an easy-to-understand graphical analysis of the factors that drive return on equity (ROE) using the five-step Dupont Analysis
10) Altman Z-score: The Z-score is a measure of financial health and in particular, how close the business is to bankruptcy. Read: Altman Z-score analysis of the financial health of a business
Download version 14th of the freefincal stock analyzer June 16th, 2019
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About the Author
M. 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 LinkedinPattabiraman 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 topics of money management. 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 on the basis of money management. Previous engagements include World Bank, RBI, BHEL, Asian Paints, TamilNadu Investors Association etc. For speaking engagements write to pattu [at] freefincal [dot] com
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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. We operate in a non-profit manner. All revenue is used only for expenses and for the future growth of the site.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 kind of paid articles, promotions or 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)
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Any plans for a MAC version?
no
Getting the error “Initialization of the data source failed.” Using it in Excel 2010 on Win10.
Same Here
Same error. What’s the solution?
I am able to download data from Morningstar. I have populated the Morningstar Data sheet. None of the analysis sheet gets populated. The Analysis sheet shows #REF! everywhere.
Will check. It could depend on the stock. Try with a standard large cap
I am sorry I did not mention the stock I wanted to analyze. It was Marico.
I re-tried with a large cap stock – Reliance
The result is the same.
The Moneycontrol data download sheet hangs trying to download data.
Hi Professor,
I have to put sheet (www.MorningStar.in) for financial *.csv (WIPRO), but your sheet tab (MorningStar Data) and my sheet tab(.csv) have different.
Please, can you review select Row 1 to 26 (fully) in .csv ?
Also, sheet .xlsx and .csv have select column A to L same.
Hello Sir,
In the Analysis tab, “Payout Ratio%” (Line 31) & “Book Value Per Share INR” (Line 37) showing the value “#NA”. I have tried for 3-4 different stocks but result is same. This may be impacting in the Valuation Tabs. Can you please review?