List of Stocks
RoIC Formula tweaked. The concept of NOPAT and Invested Capital introduced.
Cover report updated. Intrinsic value algorithm changed.
It’s a minor update. A reporting format showing 10Y snapshot of Balance Sheet, Profit & Loss account, and Cash Flow Statement is introduced.
This update takes care of how how free cash flow and intrinsic value of stocks is estimated by the worksheet using Discounted Cash Flow (DCF) method. Know More about it here.
Management, profitability & financial health grading algorithm has been updated. It bring changes to the “overall score” given to stock in the “Cover” sheet (Oct-2019)
Effect of recent “Price trends & PE trends” has been considered to estimate intrinsic value (fair price) of stocks (Aug-2019)