Indian Nifty 50 Stock Screener - Jan. 24
Discover the ratings of the 50 stocks in the Indian index
I use this exact screener for my own investments. It is not a simple yes/no test: the goal is rather to identify which stocks will make it onto my shortlist. The ratings reflect my investment style to quickly identify what I am looking for in a stock. I am sharing it so you can compare with your investing process and highlight your decisions.
The different scores
The screener uses 5 different categories. Each category has different metrics, mainly quantitative. Each metric gives a score depending on thresholds I defined, once again to fit my investment style.
Growth. The growth category uses 4 metrics:
Past and future revenue growth
Past and future EPS growth
Quality. The quality category uses 3 metrics: net profit margin, ROE and cash/debt ratio vs the EBITDA.
Valuation. For valuation, I use 3 metrics: PE, FCF yield and PEG.
Shareholder return. This category shows if the company is shareholder oriented. I look at 3 metrics: dividend yield, dividend growth and buybacks/dilution in outstanding shares.
Market. This is the only qualitative metrics. It represents the value of being present in the market and the company’s strength in it. It is a personal appreciation.
The screener
I screened the whole NIFTY 50 (49 stocks) to identify potential interesting stocks. Discover the results + my conclusions after screening all these stocks.
Here are 5 stocks for the free subscribers. The whole screener is behind the paywall.
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