S&P500 - Industrial Stock Screener
Navigating the Manufacturing Landscape: S&P 500 Industrial Stock Selection
The main goal
When investing in the stock market, selecting the right companies to invest in is of utmost importance. While there are numerous methods to achieve this, I prefer to utilize a simple, objective, and accurate approach. In order to determine which companies to analyze in detail, I employ a ranking system. I only compute rankings for companies listed on the S&P500 index. From this list, I narrow it down to companies with a high moat rating from Morningstar. These companies have 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 30+ companies in the overall ranking within the sector. The complete ranking of the sector after the paywall.
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