Last Updated on
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
Do check out these related articles:
About the Author
M. Pattabiraman(PhD) is the author and owner of freefincal.com. He is an associate professor at the Indian Institute of Technology, Madras since Aug 2006. Follow @freefincal “Pattu” as he is popularly known, 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.
Pattu publishes unbiased, promotion-free research, analysis and holistic money management advice. Freefincal serves more than one million readers a year (2.5 million page views) with numbers based analysis on topical issues and has more than a 100 free calculators on different aspects of insurance and investment analysis.
He conducts free money management sessions for corporates and associations(see details below). Previous engagements include World Bank, RBI, BHEL, Asian Paints, TamilNadu Investors Association etc. Contact information: freefincal {at} Gmail {dot} com (sponsored posts or paid collaborations will not be entertained)Connect with us on social media
- Twitter @freefincal
- Subscribe to our Youtube Videos
- Posts feed via: Feedburner
Content Policy
Freefincal has original unbiased, conflict-of-interest-free, topical reports, reviews, commentary and analysis on all aspects of personal finance like mutual funds, stocks, insurance etc. All guest authors and contributors to the site also do not have any conflict of interest. If you find the content useful, please consider supporting us by (1) sharing our articles and (2) disabling ad-blockers for our site if you are using one. No promotional content. We do not accept sponsored posts and link exchange requests from content writers and agencies. This is our privacy policy Our website is non-profit in nature. The revenue from the advertisement will only be used for hosting charges, domain registration charges, specific plugins necessary for traffic growth and analytics services for search engine optimisation.Do check out my books
You Can Be Rich Too with Goal-Based Investing
My first book is meant to help you ask the right questions, seek the right 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
My second 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 earnerThe ultimate guide to travel by Pranav Surya
This is a deep 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 ₹199 (instant download)Free Apps for your Android Phone
All calculators from our book, “You can be Rich Too” are now available on Google Play!Install Financial Freedom App! (Google Play Store)
Install Freefincal Retirement Planner App! (Google Play Store)
Find out if you have enough to say "FU" to your employer (Google Play Store)
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.