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04 ChartMill Fundamental Reports and Ratings

The ChartMill analyzer present a fundamental report when the fundamental data for the stock is available. (At the moment of writing this is for US and Canadian stocks only). A screenshot of such a report is presented below:

FA_report_full

This article will discuss the various components which are discussed in the fundamental report. The overall fundamental score is composed of five components, being:

  1. Growth
  2. Valuation
  3. Health (financial)
  4. Profitability
  5. Dividend

Each of these components consists of multiple key figures and ratios (which can also be found in the stockscreener under the ‘fundamental’ tab). The 5 ratings are a weighted score of individual fundamental properties as presented in the chart below:

ChartMill FA+TA rating Flowchart (1)

Besides the items displayed in the chart, other fundamental criteria are used as well. Depending on the criteria, it will be evaluated on an absolute basis or it will be compared with the sector peers of the subject under analysis.

The container concepts Growth, Valuation, Health, Profitability and Dividend offer a high level view and have the advantage that they are clear concepts which makes sense, also to people who are not so familiar with the specific fundamental terminology.

You can check these ratings for any stock in our ChartMill Analyzer Tool, which gives you an answer in the form of a full TA and FA report when entering a ticker code of a specific share.

In our stock screener, you can filter based on these components, as shown below (Click on the image for better image quality):

funda_ratings

You can check the exact values of the properties in both the ChartMill Ratings or Fundamental views.

A couple of examples

You are looking for shares that are financially very healthy and pay a decent dividend. To achieve this, we opt for the ‘ChartMill Health Rating’ and select a score of 9/10, we also choose the ‘ChartMill Dividend Rating’ with a score of 7/10.

Click here for the selection

You are looking for typical growth stocks with strong earnings. In that case, we choose the ‘ChartMill Growth Rating’ with a score of 8/10, combined with the ‘ChartMill Profitability Rating’, with a score of 8/10.

Click here for the selection

Tip: If you find that the number of shares is still too large, you can further narrow the criteria by selecting higher scores for the selected ratings!

These are just a few simple examples of what’s possible with our stockscreener. Of course, these predefined ratings can be further supplemented with numerous individual technical or fundamental filters.

Disclaimer 

We shouldn’t really need to say this, but chartmill is a tool that helps you make your analysis. Your trading is your responsibility and nothing on this website should be interpreted as direct advice to buy and/or sell securities.

If you have any questions or comments, please visit our contact page.