SOLUTION #SCREENER CHALLENGE 10 π‘
π¦Results, Common Mistakes, Suggestion & Learning π§΅
Result π
screener.in
Retweet π if you find this useful.
@Vivek_Investor
Congratulations π who got this right.
1
π¦Results, Common Mistakes, Suggestion & Learning π§΅
Result π
screener.in
Retweet π if you find this useful.
@Vivek_Investor
Congratulations π who got this right.
1
Common Mistakes βοΈ
Lets discuss them in detail & their consequences π
2
Lets discuss them in detail & their consequences π
2
Mistake 1
Debt to Equity > 0. Most of people missed = and eliminated all Debt free companies. If we wanted to include low debt companies, excluding Debt free companies would be blunder.
Learning - Think business & Apply Common sense !
Check the list what we missed !
3
Debt to Equity > 0. Most of people missed = and eliminated all Debt free companies. If we wanted to include low debt companies, excluding Debt free companies would be blunder.
Learning - Think business & Apply Common sense !
Check the list what we missed !
3
Mistake 2
Debt < 2 * NCAVPS
Basic mathematic says we can't compare 2 things unless they have same unit
NCAVPS is per share & Debt is total amount in Rs Cr
Divide Debt by Number of Equity Share
OR
Multiply NCAVPS with it to make units same.
Learning - Compare LHS with RHS Unit
4
Debt < 2 * NCAVPS
Basic mathematic says we can't compare 2 things unless they have same unit
NCAVPS is per share & Debt is total amount in Rs Cr
Divide Debt by Number of Equity Share
OR
Multiply NCAVPS with it to make units same.
Learning - Compare LHS with RHS Unit
4
Mistake 3
Average Earning 5 Year >= 10
It is Average Profit measured in Rs Cr & not %age.
Use Profit growth 5Years >= 10 which is CAGR %age.
Learning - Be patient & check each ratio Description & Unit before using it.
5
Average Earning 5 Year >= 10
It is Average Profit measured in Rs Cr & not %age.
Use Profit growth 5Years >= 10 which is CAGR %age.
Learning - Be patient & check each ratio Description & Unit before using it.
5
If you find this useful, please do share with others.
Do participate in other #Screening Challenges for more learning !
Happy Screening & Investing !
6
@Vivek_Investor
Do participate in other #Screening Challenges for more learning !
Happy Screening & Investing !
6
@Vivek_Investor
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