S&P500 - Financial Stock Screener
Money Matters: A Comprehensive Review of S&P 500 Financial Stocks
The main goal
When considering investments in the stock market, the selection of suitable companies for investment is of paramount importance. While various approaches exist to achieve this goal, I personally favor employing a straightforward, objective, and precise method. To identify companies warranting detailed analysis, I utilize a ranking system, specifically focusing on companies listed on the S&P500 index. From this initial pool, I narrow down the selection to companies boasting a high moat rating from Morningstar, indicating a sustainable competitive advantage over the long term.
Scoring system
The Super Stocks Score is like a grade that is the average score of five different factors. You can see it above the EVA Radar. Companies in the S&P500 are ranked on a scale of 0-100 for each of the five categories based on how well they do. The company with the highest Super Stocks Score is considered the best in the market because of its performance, growth, and future potential. Check out the Glossary to learn more about it.
EVA, or economic value added, measures a company's economic profit. To calculate it, you subtract the capital charge from the company's net operating profit after tax (NOPAT). The capital charge is the cost of giving investors a fair and competitive return on their investment.
EVA Momentum represents the pace of EVA production, EVA Margin represents the ratio of EVA produced to sales, and Sales Growth Rate (SGR) represents year-over-year sales growth. These three factors objectively show the company's profitability in the S&P 500 market.
NOPAT Multiple shows the ratio of NOPAT to the generated market value, and Future Growth Reliance (FGR) shows the future expectation incorporated in the share price. These two factors objectively show the company's perception of the overall market now and in the future.
Sector ranking
A little taste for free subscribers
In addition to the randomly selected companies, there are more, with 20+ companies in the overall ranking within the sector. The complete ranking of the sector after the paywall.
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