July 23, 2024



The Big Screener | User Guide

6 min read
The Big Screener | User Guide

The Stock Engine is a web application designed for fundamental analysis of stocks. It offers tools like the Big Screener and Pre-Built Screeners to filter stocks. There is also detailed stock pages providing insights on intrinsic value, price trends, and Overall Score to its stocks based on six key parameters. MyStockEngine is not just a reporting tool, it runs on a proprietary algorithm that can analyse stocks to its core. It is one of its kind product. Additionally, it features a mutual fund screener, financial calculators, and a Beta version of an AI ChatBot.Welcome to MyStockEngine, your platform for in-depth fundamental analysis of stocks. This article will introduce you to our powerful tool, the Big Screener. You’ll learn about the benefits of using a stock screener and how to navigate its features. It give you a step-by-step instructions on effectively filtering stocks to meet your investment goals.Let’s dive in and enhance your investing strategy with data-driven insights.Topics:1. What is a Big ScreenerThe Big Screener is a comprehensive tool designed to help investors filter and identify stocks based on a wide range of criteria. Users can apply various screening parameters such as sector, market capitalization, net profit, debt-to-equity ratio, and more.The tool then generates a list of stocks that meet the specified criteria. It provides a detailed information for each stock, including financial metrics and performance indicators.The Big Screener gives full control in the hands of the users to filter stocks based on their choice.Overview of “MyStockEngine“A short introduction about MyStockEngine. It is a web application specializing in the fundamental analysis of stocks. It allows users to filter stocks using the Big Screener or Pre-Built Screeners and provides detailed stock pages for in-depth insights.Each stock page includes data on intrinsic value, price trends, and overall scoring based on six key parameters: price, profitability, growth, quality of management, financial health, and moat. The platform also features a mutual fund screener, basic financial calculators, and a Beta version of an AI ChatBot, making it a comprehensive tool for investors seeking data-driven analysis and insights.2. How To Use The Big ScreenerThe Big Screener has consist of two main sections: The left sidebar and the Right side display. The left sidebar hosts all the screening parameters. The right sidebar displays the list of filtered stocks.Using the Big Screener on MyStockEngine is a straightforward process that involves a few simple steps. Here’s a detailed, step-by-step guide to help you get started:5.1 Getting StartedAccessing the Big Screener:1. Login or Sign Up: Navigate to The Stock Engine and log in with your credentials. If you don’t have an account, register as a new user.2. Navigate to Stock Screener: Once logged in, go to the main dashboard. In the dashboard, you will see three options: Stock Screener, Mutual Fund Screener, and Calculators. Click on the Stock Screener to enter into the stock analysis application. 2. Navigate to Big Screener: Inside the Stock Screener, you will again see two options. First, one is the Big Screener and second is for the Pre-built screeners (called Screener Themes). Click on the Big Screener.5.2 Navigating the InterfaceLeft Menu Bar:1. Screening Parameters: On the left side of the screen, you’ll see the menu bar with various screening parameters.Right Side Display:2. Filtered Stocks List: The right side of the screen will display the list of stocks that meet your selected criteria. Check the above screenshot.5.3 Applying Screening Parameters5.3.1. Sector and Industry:Select the sector from the dropdown menu. You can further filter by industry (sub-sectors). Suppose you want to see a list of all stocks from the Automobile sector that produce Two wheel motor bikes. In this can you will have to reach to the left sidebar and pick Automobile from the ‘Sector’s’ drop down menu. After selecting the Sector, reach to the ‘Company Industry’ menu and select ‘Two & Three Wheelers’ industry.5.3.2. Price and Market Cap:Enter the price range you are interested in. The Screener gives you the options to screen stocks whose price is under Rs.100 per share). This screening parameter is useful for those people who are interested in low priced stocks, for example penny stocks.One can also apply the filter based on the size of the company as per their market cap. The Screener gives you the options to screen stocks whose market cap is over Rs.500 crore or is less than Rs.500 crore.Utility: Suppose one wants to filter penny stocks. Here, applying the price filter (<Rs.100) and market cap filter (<500 crore) will be utilized.5.3.3. Profit, Net Worth, and Cash:These three screening parameters allows users to filter stocks that are profitable, has a positive net worth, and is also cash flow positive.One can filter stocks based on their reported net profit, net worth, and net cash generated from operations. All these three metrics are critical to judge fundamental strength of the business behind a stock.5.3.4. Liquidity & Solvency:Users can use these screening criteria to filter stocks stocks based on their debt profile. One can use this metric to highlight debt free companies, low debt companies, or alternatively excessively leveraged companies (stocks).One can use upto three parameters, D/E Ratio, Interest Coverage Ratio (ICR), and Current Ratio (CR), to identify such stocks whose debt profit is investor-friendly.5.3.5. Return Ratio:Users can use these screening criteria to filter stocks stocks based on their ability to generate return on capital. The parameter like ROE and ROCE. One can use these metric to highlight companies that can generate high return for their investors.5.3.6. Growth Metrics:In order to filter fast growing stocks from other, the Big Screener provides three screening parameters. One can filter on basis of income growth, operating profit growth, and EPS growth rates.5.3.7. Price Valuation Ratios:These are one of the most useful stock screening metrics for any screener. These rations are used to judge if a stock is trading at a fair price levels are or too expensive. As a stock investor, it is very interesting to get a list of stocks which are appearing to trade at undervalued levels. How to identify suxh stocks? The best way is to apply these filters to get a refined list, Price-To-Earnings (P/E) ratio, Price Earning To Growth (PEG) ratio, and ROIC.ROIC is not exactly a valuation metric, applying this filter makes the list of filtered low PE and low PEG stock more refined. How? Assume this that there is a very low PE stock but its ability to genetate returns of the investors is too low. Would you like to buy such a stock? The answer is NO.This is why combining filtering parameters like PE and PEG shall be combined with ROE, ROCE, and ROIC to get a list of quality undervalued stocks.5.3.8. Price Growth:Most users of stock screeners would like to use this screening parameter. Applying these filters it will generate a list of stocks that have give high share price growth in the past. The screening parameters used to filter high price growth stock are 3-month returns, 5-year returns, and 10-year returns.We’ve kept the parameter of 3-month returns along with 5-year and 10-year to highlight such stocks that have grows fast in the last 5-years or 10-year, but have corrected in the last 3-months.3. Vieweing The Filtered StocksOnce you’ve applied your screening parameters and clicked the “Submit” button, the right side of the Big Screener displays a list of filtered stocks that meet your criteria. This section is designed to provide a comprehensive overview of each stock, making it easy for you to analyze and compare options at a glance.Each stock listed includes a wealth of data to help one make informed decisions. Key information provided for each stock includes:Overall Score: A summary score out of 100, calculated based on various factors such as price, profitability, growth, quality of management, financial health, and moat.Intrinsic Value: An estimate of the stock’s true value, helping you determine if it’s overvalued or undervalued.Sector and Industry: The stock’s sector and industry classification for context.Current Price and Market Capitalization: Current trading price and the company’s market cap.Financial Metrics: Includes net profit, book value, net cash flow from operating activities, debt-to-equity ratio (D/E), interest coverage ratio (ICR), and current ratio.Performance Indicators: Metrics such as ROE (5-year average), ROCE (5-year average), income growth (5-year average), operating profit margin growth (5-year average), and EPS growth (5-year average).Return Analysis: Returns over different periods (3 months, 5 years, 10 years).Valuation Ratios: P/E ratio, PEG ratio (3 years), and ROIC.The user can also delve deeper into any stock. How to do it? One simply click on it to access a detailed stock page. Here, you’ll find an in-depth analysis, including price trends, a stock overview, and a detailed breakdown of the six parameters used in the overall scoring.The Detail Stock page:This setup allows for a thorough evaluation, enabling you to make data-driven investment decisions confidently.4. Benefits of Using A Stock ScreenerUsing a stock screener like the Big Screener offers numerous benefits. This is what that maks it a valuable tool for its users.East To Filter: it make stock screening quick through the use of filter. It can scan through thousands of stocks based on specific criterias. Paramerts like sector/industry, profitability, returns, growth, valuation, price growth, etc can be used to filter stocks. This targeted approach helps users focus only on the stocks that meet their criteria.20 Screening Paramters: The Big Screener’s offers a comprehensive set of screening parameters. Most only screeners offer only a few screening parameters. The Big screener offers about 20 number screener paramters to filter stocks. This way it ensures a thorough analysis allowing for a deeper understanding of a company’s fundamentals.Easy Comparion, the Big Screener provides detailed compareable data for each filtered stock. The data includes including intrinsic value, price trends, and Overall Scores for each stock. This holistic view helps investors assess the true potential of stocks and identify those that are undervalued or have strong growth potential.Easy To Understand: The user-friendly interface of the Big Screener makes it accessible to both novice and experienced investors. By reducing the complexity of stock analysis, it empowers users to make data-driven decisions.Stock Detail Page: This is most important element of the Stock Screener. People land to the Stock Detail Page (for example, detail page of Reliance, TCS, HUL, etc) to check if the stock is profitable, undervalued, fudamentally strong, etc.5. Case Study: How To Filter Quality Stocks For Long Term HoldingThe objective of this case study is to demonstrate how to use the Big Screener on MyStockEngine to filter quality stocks suitable for long-term holding. We will focus on screening criteria that highlight financial stability, consistent growth, and strong performance.Screening Criteria1. Sector: Diversified across multiple sectors to reduce risk.2. Market Cap: More than Rs.500 crore to ensure financial stability.3. Net Profit: Positive net profit to ensure profitability.4. Net Worth: Positive net worth indicating a strong balance sheet.5. Cash Flow From Operations: Positive cash flow from operations to ensure the company generates sufficient cash.6. Debt To Equity (D/E): D/E < 0.5 to ensure low leverage.7. Interest Coverage Ratio (ICR): ICR > 2 to ensure the company can cover its interest obligations.8. Current Ratio (CR): CR > 2 to ensure liquidity.9. Return on Equity (ROE): ROE > 15% to indicate strong profitability.10. Return on Capital Employed (ROCE): ROCE > 15% to ensure efficient use of capital.11. Income Growth: Income growth > 12% over the last 5 years to ensure consistent growth.12. Operating Profit Growth: Operating profit growth > 12% over the last 5 years.13. Earnings Per Share Growth (EPSG): EPS growth > 12% over the last 5 years.14. Return (5 Years): 5-year return > 12% to indicate strong long-term performance.15. Price To Earning Ratio (P/E): P/E < 20 to ensure the stock is not overvalued.16. Price Earning To Growth (PEG): PEG < 1.2 to ensure reasonable valuation relative to growth.17. Return on Invested Capital (ROIC): ROIC > 15% to ensure efficient capital use.Results and AnalysisAfter applying the filters, a list of high-quality stocks suitable for long-term holding is displayed. For instance, stocks like Infosys and TCS, which meet all the criteria, will be listed. These stocks have strong fundamentals, consistent growth, low debt, and are reasonably valued, making them ideal candidates for long-term investment.ConclusionThe Big Screener on MyStockEngine is an essential tool for investors seeking to a detailed analysis of Indian stocks. It offers a comprehensive set of screening parameters and detailed insights for each stock. It simplifies the process of identifying investment opportunities that align with the users preference.Whether you’re filtering stocks based on financial health, market performance, or sector-specific criteria, the Big Screener provides the flexibility and depth needed for thorough analysis.It has an intuitive interface and robust data presentation. It is useful for both novice and seasoned investors to optimize their stock selection process.Frequently Asked QuestionsQ1. What is the Big Screener, and how does it work?A: The Big Screener is a comprehensive tool on MyStockEngine designed to help investors filter and identify stocks based on various financial and performance criteria. Users can apply multiple screening parameters such as sector, market capitalization, profitability, and financial ratios. Once the filters are set, the Big Screener generates a list of stocks that meet the specified criteria, providing detailed information for each stock to facilitate informed decision-making.Q2. What are the benefits of using a stock screener like the Big Screener?A: Using a stock screener like the Big Screener offers several benefits, including saving time by quickly filtering through thousands of stocks, enabling targeted analysis based on specific criteria, and providing detailed financial metrics and performance indicators. This helps investors focus on stocks that align with their investment strategies and goals, ensuring a more efficient and data-driven approach to stock selection.Q3. What types of filters can I apply in the Big Screener?A: The Big Screener allows users to apply a wide range of filters, including sector, industry, price, market capitalization, net profit, net worth, cash flow from operations, debt-to-equity ratio, interest coverage ratio, current ratio, return on equity, return on capital employed, income growth, operating profit growth, earnings per share growth, returns over various periods, price-to-earnings ratio, price-earnings-to-growth ratio, and return on invested capital. These filters help narrow down the list of stocks to those that meet specific investment criteria.Q4. How can I interpret the results provided by the Big Screener?A: The results provided by the Big Screener include a list of stocks that meet the selected filters, with each stock displaying detailed information such as overall score, intrinsic value, sector, industry, current price, market capitalization, and various financial metrics. By clicking on a stock, users can access more detailed data, including financial health indicators, profitability metrics, growth rates, and valuation ratios. This comprehensive data helps investors evaluate the quality and potential of each stockQ5. Can I use the Big Screener on mobile devices?Answer: While it is advisable to use the Big Screener on a laptop or desktop for the best experience due to the detailed data and comprehensive interface, it is also functional on mobile devices. However, the interface may be more user-friendly and easier to navigate on larger screens.Signup / Login To The Big Screener

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