The freefincal stock screener is now available on Google sheets. It gets data from Value Research and allows the user to screen capitalization-wise and sector-wise.
This post can be considered as a guide for this screener: How to Build a Stock Screener
Here are some example screens. Thanks to Krishna Kishore – tyroinvestor and Indraneal Balasubramanium – cognicrafter for inputs.
Piotroski Score – Higher the score, better the strength of the company and confidence in its operation. VR article on the score.
Altman-Z Score – Higher the score, lower the probability of bankruptcy. This is how VR computes it
Modified C-Score – lower the score, lower the chance of accounting manipulation. This is how VR computes C-Score.
Debt to Equity – a measure of debt used by the company to operate. Lower is typically less risky. Less than one, preferred by many.
PEG – The PE ratio divided by annual EPS growth. Less than one, could represent undervalued stock.
Enterprise Multiple EV/EBITDA – Compares EBITA, the earnings before interest, taxes, depreciation and amortization with EV, the enterprise value. Low values could mean undervaluation. However, ‘low’ is sector dependent.
Current PE less than Median PE – Median is the mid-point of a distribution of values (PEs in this case). Maybe used for solid companies (thanks Krishna).
Current PE more than Median PE – Maybe used for small companies which are expanding, provided other checks are in place.
Some Screenshots
1 Go to:
https://docs.google.com/spreadsheets/d/1ys-YWwQ80NRVq3QuxVqPdzTJd3A1qaGoi_rRvI74q7g/copy
2. Make a copy and wait a few seconds until the sheet is ready.
3. Study the inputs and go to the screener to create your own filters.
4. When you make new filters, make a choice, go to the screener sheet and wait until all the data is retrieved.
Do let me know if any enhancements can be made.
Connect with us on social media
- Twitter @freefincal
- Subscribe to our Youtube Videos
- Posts feed via: Feedburner
- We are also on Google PlusandPinterest
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 customg solutions for your lifestye!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 youngearnerThe 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)Create a "from start to finish" financial plan with this free robo advisory software template
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)