Filtering the stock market is easy with ShareAnalysis

Start finding opportunities with ShareAnalysis’s quality and growth, quality and yield or speculative filter.

ShareAnalysis is pre-loaded with three filters to help you get started:

Quality and Growth

Quality and Yield

Speculative

ShareAnalysis lets you know how many stocks match the filter.

To see the stocks on the Aerial View or Stock List click on the filter name.

Click the icon to see the filter’s criteria.

Start finding opportunities with Share Analysis’s quality and growth, quality and yield or speculative filter.

 

Quality and Growth

Use this filter to find: top-rated growth stocks

Filter criteria

Setting

Why

Mainstreet Score

A1, A2, B1, B2

These are ShareAnalysis’ preferred Scores – the highest quality and top performing stocks based on their most recent financial results.

Net Debt / Equity

< 100%

Removing companies with excessive debt overlays another ‘quality’ filter.

Forecast Change in Value

8%

8 per cent per annum is at the lowest end of what should be considered a ‘growth’ stock.

Quality and Growth

Quality and Yield

Use this filter to find: ‘Good’ dividend stocks

Good dividends are not the same as high dividends. Focusing on dividend yield in isolation can be a trap, especially if a company’s current earnings are unsustainable and start deteriorating.

ShareAnalysis’s quality and yield filter isolates profitable companies that have a strong track record, and are forecast to continue paying affordable and sustainable dividends.

Filter criteria

Setting

Why

Mainstreet Score

A1, A2, B1, B2

These are ShareAnalysis’s preferred Scores – the highest quality and top performing stocks based on their most recent financial results.

Market Capitalisation

Small, Mid and Large caps

Larger stocks, generally, consistently pay a dividend.

Sectors

Exclude:

Energy – all industry groups.

Basic Materials – Gold & Silver, Iron & Steel, Metal Mining and Non-Metallic Mining industry groups only.

Earnings of companies in these sectors are susceptible to fluctuating commodity prices, and therefore so are their dividends.

Forecast P/E

More than 6

If the PE is less than 6 the price is probably low for a reason and it could be a value trap.

Forecast Dividend Yield

More than 4%

Given the risk of investing in a business, you should demand a yield higher than what you’d receive from a fixed interest investment.

Quality and Yield

Speculative filter

Use this filter to find: A potential big win

If you’re an investor with a stomach for volatility, and are prepared to incur losses as a sacrifice for possible big wins, then this is the filter for you.

Analysts forecasts may or may not be available for stocks that meet the speculative filter.

Filter criteria

Setting

Why

Mainstreet Score

C1, C2

These rating indicate a high-risk balance sheet, but recent good or excellent business performance based on their most recent financial results.

Net Debt / Equity

< 100%

Adding net debt/equity to the filter helps to further avoid the extreme high-risk businesses.

Safety Margin

> – 80%

Looking at future metrics, these business can be expensive based on today’s intrinsic value, however growth could be forecast and in the long-term compensate for paying a higher price today.

Forecast Change in Value

> 0%

Speculative filter

Tweak a ShareAnalysis filter to suit your investment objectives

Growth stocks, yield stocks or speculative plays? Let ShareAnalysis help you get started.

Open the filters, then click Create new filter.

Open the filters, then click ‘Create new filter’.

Choose a filter based on what you’re looking for: growth, yield or speculative stocks. For this example we’ll choose Quality and Growth.

ShareAnalysis will load the filter’s settings.

Share Analysis will load the filter’s settings.

Type a name for your filter.

To preview how many stocks match ShareAnalysis’s preset criteria, click Apply.

If you’re not comfortable with Net Debt / Equity less than 100%, for example, drag the slider to adjust it (ShareAnalysis recommends less than 40%).

The same goes for growth. If you want higher growth than 8% per annum, move the slider to the right.

Click Apply to check how many stocks match your adjusted filter.

To add another filter criteria click Add filter criteria (the green +).

To save the filter and see the results, click Save.

Build your own stock filters in ShareAnalysis

Create up to 15 different filters and find new investment opportunities fast.

To create a new filter click the Filters button, then click Create new filter.

To create a new filter click the Filters button, then click Create new filter.

Type a name for your new filter. Choose one that describes your filter. It will be easier to distinguish one filter from another when you have a few saved.

In this example we’ve named our filter Top Stocks.

To start building your filter, click Add filter criteria.

To start building your filter, click Add filter criteria.

Choose your first filter criteria from the drop down list. Options are sorted by historic, current and forecast metrics.

Choose your first filter criteria from the drop down list.

For a run down on all the options, and ShareAnalysis’s recommended criteria check out how to build a filter for your investment goals.

For this example we’ve chosen Mainstreet Score and selected A1, A2, B1 and B2 – ShareAnalysis’s preferred Quality and Performance Scores.

For this example we’ve chosen Share Analysis Score and selected A1, A2, B1 and B2

To see how many stocks match your filter so far, click Apply.

To add another criteria click Add filter criteria.

Let’s say you want to find growth stocks – companies whose value is forecast to increase over the next couple of years. Choose Forecast Change in Value.

Now set the per annum change in value (growth) you want. For this example we’ve chosen more than 8% (ShareAnalysis’s recommended minimum).

Choose Forecast Change in Value.

To see how many stocks match your filter now, click Apply.

If you’re done adding criteria click Save.

ShareAnalysis will show you the stocks on the Stock List or Aerial View.

Share Analysis will show you the stocks on the Stock List or Aerial View.

Browse around the stock market to see the stocks and evaluate them.

To change your filter settings, click Edit (the pencil) then just add more criteria.

To change your filter settings, click Edit (the pencil) then just add more criteria.

Continue to click Apply each time you add a new filter criteria so see how the number of results change. When you’re happy with the results click Save.

Create different filters to uncover different stocks

You can save up to 15 different stock filters in ShareAnalysis. For some suggestions on a few filters to use check out ShareAnalysis’s suggested filters, or use a Preset Filter.

Link filters with alerts to be notified of opportunities as they arise

If you’re serious about finding new opportunities, then you must set up stock alerts.

Check out these tips to help you set up stock alerts based on your favourite stock filters.

Build a filter for your investment goals

Choose from an array of historical, current and forecast ratios

Your investment goals and criteria will help you select the filter criteria you need.

Use the filter to find opportunities, and also remove stocks that don’t meet your investment criteria.

Your investment goals and criteria will help you select the filter criteria you need. You should consult a professional financial planner to assist you in answering these questions.

 Key Info

CriteriaWhat it isUseful to find…ShareAnalysis prefers
Market Capitalisation

Market Capitalisation

The current market price multiplied by the number of shares outstanding. The market value of the company.

Large, mid or small cap stocks.No preference. Don’t fall into the trap of thinking bigger is better.
Market Cap Group

Market Cap Group

The company’s market capitalisation grouping.

Companies in an Index.  For example the ASX 200, S&P 500, FTSE 100.No preference. Being in the top 20 may not qualify a company as ‘blue ‘chip’ – check its track record.
Market Cap Rank

Market Cap Rank

The company’s ranking, in terms of its Market Capitalisation.

Large, mid or small cap stocks.No preference. Don’t fall into the trap of thinking bigger is better.
Zero Value Stocks

Zero Value Stocks

These companies don’t make money.

Useful to avoid companies that don’t make money.Exclude (Show none)
Sectors

Sectors

The Industry Sector in which the company operates.

Stocks operating in a particular sector of the economy (or exclude a specific sector).No preference. This is a personal decision that may be based on ethical considerations, or your own macro economic view about the economy.

Forecast metrics

CriteriaWhat it isUseful to find…ShareAnalysis prefers
Safety Margin

Safety Margin

The difference between ShareAnalysis’s current intrinsic value and the market price.

Value stocksPositive safety margin
Forecast P/E

Forecast P/E

Current market price divided by forecast earnings per share. Represents how much investors are paying for $1 of the company’s earnings.

Value stocksLess than 15%
Forecast PEG Ratio

Forecast PEG Ratio

Calculated as Forecast P/E divided by Forecast EPS Growth. High growth companies generally trade on high P/E ratios. The PEG indicates whether a high P/E is justified by the forecast EPS growth.

Value stocksLess than 1
Forecast Dividend Yield

Forecast Dividend Yield

Forecast dividends per share as a percentage of the current market price.

Income stocksMore than 4%
Forecast Return on Equity

Forecast Return on Equity

Measures the forecast profitability of a company by comparing how many dollars were required to produce the reported profit.

Profitable stocksMore than 10%
Analyst Coverage

Analyst Coverage

Number of analysts contributing forecasts.

Companies with more research available.Less than 1
Forecast Valuation Age (days)

Forecast Valuation Age (days)

The number of days since the company’s Earnings Per Share (EPS) forecast was updated.

Stocks with the latest forecast data.Less days

Forecast metrics – trends

CriteriaWhat it isUseful to find…ShareAnalysis prefers
Forecast Change in Value

Forecast Change in Value

Per annum increase or decrease in value over the forecast period.

Growth stocksMore than 5%
Forecast EPS Growth

Forecast EPS Growth

Percentage change from the most recent historical EPS to its forecast EPS.

Growth stocksMore than 5%

Historical metrics

CriteriaWhat it isUseful to find…ShareAnalysis prefers
Share Analysis Score

Mainstreet Score

A1 – C5 company rating of balance sheet quality and economic performance.

High quality and top performing companies based on their latest financial results.A1, A2, B1, B2
Historical Change in Value

Historical Change in Value

Per annum increase or decrease in value over the historical period.

Companies that have a demonstrated track record of growth and rising value to shareholders.More than 5%
Return on Equity

Return on Equity

Measures the profitability of a company by comparing how many dollars were required to produce the reported profit.

Profitable stocks, historically. Strong return on equity produces strong business performance, and improving business performance is generally rewarded with a rising share price.More than 10%
Net Debt / Equity

Net Debt / Equity

Represents debt (less any cash on a company’s balance sheet) as a percentage of the total equity in the business. It measures the financial leverage of a company.

Companies with little or no debt (aka strong balance sheets). Debt needs to be repaid, and adds another element of risk to a company’s balance sheet. If there’s no debt, that’s one less thing management need to worry about!Less than 40%
PPE / Total Assets

PPE / Total Assets

Measures the company’s Property, Plant and Equipment assets as a percentage of the total assets of the business. PPE / Total Assets is one measure of the capital intensity of a company’s business. Companies with lower relative levels of property, plant and equipment require less cash reinvested to remain competitive.

Stocks that are not capital intensive.Less than 30%
Cash Interest Cover

Cash Interest Cover

Represents the amount of times a company’s interest bill is covered by its cash flow.

Companies with money for a rainy day. If a company generates enough operating cash to repay its interest bill four times, that provides a buffer should things temporarily turn bad.More than 4
Cash Flow Ratio (current)

Cash Flow Ratio (current)

Measures the quality of a company’s earnings by comparing earnings to cash flow, for the recent historical year. Companies with a higher proportion of cash earnings produce a higher Cash Flow Ratio.

Cash cows. The more cash a company produces, the better.More than 0.8
Cash Flow Ratio (total)

Cash Flow Ratio (total)

Measures the quality of a company’s earnings by comparing earnings to cash flow, over the total historical period. Companies with a higher proportion of cash earnings produce a higher Cash Flow Ratio.

Cash cows. The more cash a company produces, the better.More than 0.8
Funding Surplus (current year)

Funding Surplus (current year)

Calculated by subtracting the capital expenditure, investments and dividends paid from the company’s Cash Flow Generated From Operations, for the recent historical year.

Companies that spend less money than they earn.Has Surplus
Funding Surplus (total)

Funding Surplus (total)

Calculated by subtracting the capital expenditure, investments and dividends paid from the company’s Cash Flow Generated From Operations, over the total historical period.

The very best companies consistently produce a Funding Surplus. Even if they have a few bad years, top notch stocks bounce back into Funding Surpluses relatively quickly.Has Surplus
P/E

P/E

Recent historical EPS as a percentage of the year end market price. Represents how much investors were willing to pay for $1 of the company’s earnings.

Value stocks, historicallyLower number
Dividend Yield

Dividend Yield

Measures Dividends Per Share as a percentage of the Market Price. Is the current market price divided by recent historical DPS.

Yield stocksHigher percentage
Franking

Franking

Percentage of the dividend on which the company has already paid tax.

Tax-effective income stocksFully franked

 Historical metrics – banks

CriteriaWhat it isUseful to find…ShareAnalysis prefers
Return on Assets

Return on Assets

An efficiency measure for banks. The higher the ratio the more profitable the bank’s assets.

Banks with profitable assets.> 0.8%
Net Interest Margin

Net Interest Margin

The interest income from the bank’s loan book, less interest paid out to depositors. The higher the ratio, the more efficient the bank.

Efficient banks> 1.8%
Cost To Income Ratio

Cost To Income Ratio

An efficiency ratio that compares a bank’s operating expenses to its total income. A low ratio indicates the bank is controlling its costs.

Banks with good cost control.< 50%
Change in Bad Debts

Change in Bad Debts

Measures a banks provisioning. ShareAnalysis looks at the change in bad debts over the past two years. Low or negative changes indicate higher-quality borrowers, improved lending practices or improving economic conditions.

Banks with high quality earnings.< 0%

Historical metrics – insurance

CriteriaWhat it isUseful to find…ShareAnalysis prefers
Combined Ratio

Combined Ratio

A performance measure for insurance companies that compares the sum of claims, commissions and expenses against the premiums written. The lower the Combined Ratio the higher the profit margin of the company’s insurance business.

High profit margin insurance businesses.< 95%

Here are some filters to help you get started

Use these ideas to refine your own investment criteria and create ShareAnalysis stock filters based on your personal financial situation and objectives.

Scenario 1: SMSF investor, accumulation phase

Scenario 2: SMSF investor, pension phase

Scenario 3: DINKY (Double income, no kids yet)

Scenario 4: Young and single chasing growth

Scenario 5: Single-minded focus on growth

Scenario 6: ShareAnalysis’s Top Stocks for 2016

Scenario 1: SMSF investor, accumulation phase

Scenario 1: SMSF investor, accumulation phase

Being 25-odd years away from retirement, this investor has a long-term investment horizon. As such, volatility is of little concern. The primary goal of investing is to build long-term wealth generation.

Filter criteria

Setting

Why?

Mainstreet Score

A1 – B2

These are the highest quality and top performing companies based on their latest financial results.

Net Debt / Equity

Less than 70%

Whilst companies with higher debt are considered higher risk, if they are able to use debt to drive growth over the long term then debt is ok.

 

Zero value stocks

Exclude (Show none)

There’s no point investing in a business that doesn’t make any money!

Historical Change in Value

More than 0%

If a business has grown its value in the past it is probably well run and there is a reasonable chance this will continue into the future.

Forecast Change in Value

More than 4%

Whilst there is always some uncertainty around forecasts, minimum growth of 4 per cent is a conservative starting point.

Sectors

Exclude Gold & Silver

The value of precious metals is purely speculative and not linked to any economic fundamentals.

Safety Margin

More than -10%

Sometimes paying a bit extra today to capture future growth is ok.

Scenario 2: SMSF investor, pension phase

Scenario 2: SMSF investor, pension phase

This investor requires income, whilst preserving capital.

Filter criteria

Setting

Why?

Net Debt / Equity

Less than 20%

Avoid companies that fund dividends through debt. Less debt is best.

Funding Surplus (total)

Has Surplus

The company consistently spends less money than it earns. This indicates the dividend paid is funded through cash flows (and not borrowings or capital raisings).

Dividend Yield

More than 4%

Indicates the company has a track record of paying dividends.

Forecast Dividend Yield

More than 4%

If income is a priority, 4% is a sensible minimum yield.

Scenario 3: DINKY (Double income, no kids yet)

Scenario 2: SMSF investor, pension phase

The objective for this investor is to build an asset independent of property. Minimising losses with a view to building long-term wealth is the focus for this investor.

Filter criteria

Setting

Why?

Mainstreet Score

A1 – B3

These scores capture the best stocks, plus companies that could be on a growth path due to improving business performance.

Net Debt / Equity

Less than 20%

Avoid companies that fund dividends through debt. Less debt is best.

Analyst Coverage

Covered (<5 and 5+)

Covered stocks tend to have more readily available research.

Zero Value Stocks

Exclude (show none)

There’s no point investing in a business that doesn’t make any money!

Forecast Dividend Yield

More than 4%

Indicates the company has a track record of paying dividends.

Forecast Change in Value

More than 15%

15% should isolate growing businesses in expanding sectors.

Safety Margin

-40%

If a business has strong economics and good growth, then its ok to pay a little bit more today to get in before the share price really does skyrocket!

Scenario 4: Young and single chasing growth

Scenario 4: Young and single chasing growth

Being younger, this investor is happy to take more risks with the goal of making big gains.

Filter criteria

Setting

Why?

Historical Change in Value

More than 30%

This indicates a stock has historically delivered strong performance for its shareholders.

Forecast Change in Value

More than 30%

And it looks like they can maintain that momentum.

Scenario 5: Single-minded focus on growth

Scenario 5: Single-minded focus on growth

The trick to finding future growth stars is to not just focus on the future. Stocks with growth projections of 20, 30, 50 per cent may sound attractive, but if management haven’t proven their ability, how can you be certain that the forecast growth will be achieved?

Filter criteria

Setting

Why?

Return on Equity

More than 10%

ROE of less than 10% isn’t really worth the effort.

Net Debt / Equity

Less than 40%

Less debt is best

Funding Surplus (current year)

Has Surplus

Cash is king – the more in the bank the better.

Analyst coverage

Covered (<5) and Covered (+5)

More research is available for covered companies.

Zero Value Stocks

Show none

No point owning a business if it doesn’t make any money.

Forecast Change in Value

More than 10%

The higher the growth the better.

Forecast EPS Growth

More than 5%

We’re looking for growth stocks, right.

Scenario 6: ShareAnalysis’s Top Stocks for 2016

Scenario 6: Share Analysis's Top Stocks for 2016

It’s been four years and four Top 5 Stocks portfolios since Money magazine first asked ShareAnalysis to identify the best 50 shares for the year ahead, including five standout stocks. Our 2016 Top Stocks filter seeks to identify businesses with a strong track record of delivering value to shareholders, positive future growth and reasonable value for money.

Filter criteria

Setting

Why?

Zero Value Stocks

Show none

There’s no point owning a business if it doesn’t make any money.

Mainstreet Score

A1, A2, B1, B2

These Scores capture the best stocks, plus companies that could be on a growth path due to improving business performance.

Analyst Coverage

Covered (<5) and Covered (+5)

More research is typically available for covered companies.

Net Debt / Equity

Less than 40%

Less debt is best.

Market Cap Group

Exclude Nano Caps

Nano Caps have a market capitalisation less than $50 million. These are often very volatile.

Forecast Change in Value

More than 2%

You want companies whose intrinsic value growth forecast is expected to at least keep up with inflation.

Safety Margin

Less than -20%

Whilst a positive Safety Margin is preferred, sometimes it’s ok to pay a little over value today to secure your place with a future growth star.

Funding Surplus (total)

Has Surplus

Cash is king. The more left over at the end of each year the better.

Forecast EPS Growth (1 year)

More than 0%

We’re looking for growth stocks, right.

Create your own stock filters in ShareAnalysis

Follow these simple steps to create your own stock filters in ShareAnalysis.

Filter the stock market your way

Sort, slice and dice the stock market to a handful of stocks that match your investment objectives.

Open the Stock List, then click ‘Show Quick Filter’.

Open the Stock List, then click ‘Show Quick Filter’.

ShareAnalysis sorts the list of stocks by Market Capitalisation for you.

Click a column header to sort by the column you’d like to filter by. If the Quick Filter isn’t available, the column header will be shaded out.

If you can’t see the criteria you’re after, click ‘Edit columns’ and add the ones you’re interested in/remove the ones you don’t want. Check out these tips if you need help with this.

For this example we’ll use the Quick Filter to find stocks that meet these criteria:

Criteria

Setting

Forecast Return on Equity

More than 40%

Forecast Change in Value

More than 20%

Click ‘Forecast Return on Equity’. Scroll down the Stock List until you find the company whose forecast return on equity is more than 40 per cent. Hover for a moment and ShareAnalysis will shade the company grey.

Scroll down the Stock List until you find the company whose forecast return on equity is more than 40 per cent

Click/tap on the row. ShareAnalysis will tell you how many stocks match your selection. Click ‘Keep’ to save your selection and build out your Quick Filter.

Click ‘Keep’ to save your selection and build out your Quick Filter.

Sort by another column. For this example we want stocks whose Forecast Change in Value is more than 20 per cent.

Sort by another column.

As you Quick Filter by each criteria, ShareAnalysis will save your selections.

As you Quick Filter by each criteria, Share Analysis will save your selections.

To remove a criteria click the X.

When you’re done, you can save your filter.

Type a name for your filter, then click ‘Save’.

Type a name for your filter, then click ‘Save’.

To make changes click ‘Edit Filter’.

To make changes click ‘Edit Filter’.

You’ll then be able to edit your settings in ShareAnalysis’s regular filter mode.

Check out this help page for tips on how to edit saved filters and build new stock filters in ShareAnalysis.

Watch the stocks that match your filter

With a shortlist of stocks that match your favourite filter, click the ‘Save’ button to create a new portfolio/watchlist.