Screener.in Review

As people are becoming more conscious about their Investments as their health, the need for good stock screeners is on the rise. Let’s look at one of the best stock screeners out there for Fundamental and Company analysis.

About Screener

Screener was founded by two stock market-loving brothers, Ayush and Pratyush Mittal in 2009. They along with their Dad use to analyze companies and prepare reports. Pratyush had a craze for coding and wanted to automate and shorten the process. Therefore some programming languages later Screener.in came into existence.

The screener is one of the most useful and easy-to-use platforms for Stock Screening. It is an excellent tool to dissect annual reports, get stock alerts, create a watchlist, and much more.

What is Screener?

Screener is an informative stock screening platform that allows investors to find the right stocks according to their parameters and filters. Screener can be used as a tool for retail traders who are looking for undervalued or cheap stocks.

Screener provides many filters using which you can discover the best stock that fits all of your given criteria for investment or trading. You can use various parameters such as P/E ratio, YoY Sales growth, ROCE, Market cap, Dividend yield, etc.

Let’s look at some of the key features of Screener.

Features

Screener contains many exciting and useful features. Let’s look at some of the top features of Screener.

Some of the key Features of Screener are:

1. Watchlist

In Screener, you can create your own watchlist where you can include the stocks that you want to analyze or monitor. By including stocks on the watchlist, you can monitor the daily news or action in the stocks. You will also be notified of any insider trades or changes in credit rating on them.

2. Set Alerts

Screener allows you to set alerts on stocks and indices regarding various parameters. You will be notified via Email instantly no any updates. You can set alerts on Results, Dividends announcements, Any major news, etc for any stock. You can also create alerts based on the pre-existing screens present on the platform.

3. Export and Upload Excel sheets

Screener provides the flexibility to its users to export the data in Excel sheets to play around with the numbers. You can also upload your own calculators and screens to Screener and it will present the results based on your input.

4. Peer Comparison

Screener provides an extremely powerful peer comparison tool. Here you can compare the historic performance of the multiple companies along with all the necessary parameters such as PE Ratio, Sales growth, Profit Growth, Dividend yield, etc.

As we have seen the features of Screener in brief. Let’s look at the most used tool of the platform which is the Company Analysis tool and Screening tool.

1. Company Analysis:

Screener has a plethora of Parameters under which you can analyze a particular company, its performance and Balance Sheet, and much more.

Let’s consider the example of ‘HDFC Bank’ and observe what are the different parameters in which Screener analyses a Stock.

• Overview

As you enter the name of your desired stock. (HDFC Bank in this case), you will get a brief introduction about the company along with some of the essential data points of the company.

• Chart

The following parameter is the chart section under which you can get a visual representation of the stock in various parameters. The chart in Screener not only shows the Price graph but also other data points such as PE Ratio and Sales & Margin chart.

• Analysis

After the chart section, a brief analysis is presented on the stock. This is portrayed in the terms of Pros and Cons of the company. This is analyzed by taking into consideration all the important future growth prospects of the company

• Peer Comparison

Screener has an in-build sector analysis tool that identifies the sector and industry the stock belongs to and provides a list of the valid competitors of the company. It compares the companies with the help of numerous financial ratios. This can be altered as per your needs to get the best possible results.

• Finance Results

Screener provides all the Quarterly Results, Profit and Loss Statement, and Balance Sheet of companies in an elaborate and systematic manner. It displays the data in a chronological manner of 3-4 years.

This helps to determine the growth in a much more effective way. Every segment of the Balance Sheet and Profit & Loss Statement can be further expanded to view individual sub-parts individually.

There are some more data points that Screener provides, which are, Cash Flows, Ratios, Shareholding Patterns, and Documents. These data points are more than enough for investors to analyze and pick companies as per their needs.

2. Screener

Coming to the second and the most important part of this software, which is the ‘Screener’.

Under the Screener section, you can pick any one of the pre-existing screeners and use them to get the stocks. Or you can create your own screen by including your required parameters scanning the NSE and BSE for the relevant stocks.

You can scan stocks based on numerous Themes, Popular Formulas such as Golden Crossover, Magic Formula, etc. You can filter out stocks from the latest quarterly results or Valuations like Book Value, Dividend yield, Highest Ratio of the Market value, etc.

In the following way, you can browse through numerous sectors or sub-sectors to find your ideal stock. If you require some other filter, you can always create your scanner by adding the parameter and providing the numerical data based on which you want your result. By running it you will receive a list of all the stocks that fulfill your mentioned criteria from filtered from all the stocks listed on the Stock Exchange.

Screener Review

Screener is one of the most useful and advanced tools out there that you can use for Free. Although not all the features are included in the free version, a substantial part of the data is available for free. Screener provides all the required and necessary data for the Fundamental Analysis of a company.

Screener provides a Premium Plan for Active Investors at Rs 4999 per year including GST. This plan includes everything in the Free plan as well as some advanced features. Some of the features include, Following Unlimited Companies, Unlimited Stock Alerts, Segment Result, Industry Filters, etc.

With all these features the price is well justified as no other platform provides such a range of features in such simplified form. Therefore any individual who is willing to find out stocks for investment or trying to do Fundamental analysis of companies can use Screener.