https://github.com/SimplyWallSt/Company-Analysis-Model/blob/master/MODEL.markdown
This is definitely more than just 101, this is pretty much how we're taught in our whole MBA/Masters of Finance curriculum on how to valuate a company.
The only thing I would point out is that the discount rate on this should only be used when discount debt-free firms, since it's discounting based on the cost of equity. For most firms that have a capital structure mix of both debt and equity, you'll have to find its weight average cost of capital (WACC) which is a whole other module in itself.
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https://www.reddit.com/r/UndervaluedStonks/comments/kheec2/the_ultimate_fundamentals_guide_on_what_you_need/
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That is a long list which is sometimes contradictory and even incorrect at times.
For example, ROCE is a non-GAAP measure which means different people have different definitions for both returns and capital employed. Company numbers are often inflated as they try to reduce capital employed to boost ROCE.
Similarly, you can find different numbers on different sites. Just look at Reliance:
https://www.screener.in/company/RELIANCE/consolidated/
https://www.valueresearchonline.com/stocks/44052/reliance-industries-ltd/#snapshot
https://trendlyne.com/fundamentals/financial-ratios/1127/RELIANCE/reliance-industries-ltd/
Just 2021 is 8% vs 8.76% vs 5.82%
Fundamental analysis is inherently difficult. Many people doing fundamental analysis are not making money because their analysis is correct. They are making money because in long term stocks go up and we have been in a great bull cycle.
That said, if you want to do fundamental analysis first understand the three statements - P&L, B/S and cash flow. Learn how they are connected and how can one hide something in one statement but it will be visible in other statement.
For example, companies will do channel stuffing i.e. send stuff to their distributors without taking money but show it as sales (it comes under Revenue Recognition). This boosts P&L and show increased EPS or P/E. But in the balance sheet will show Payables and you can calculate Days Payables to see what they are doing. This is not true profit just trying to delay the inevitable loss.
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Ultimately, the questions you should be answering are a) how will the company perform in the future, and b) how is your view different than that of the market? If a company has a low P/E, why? Why will (or won't) that change going forward? What is the market pricing in, and how is your view different from that? What is a reasonable P/E (or other metric) for the company, and why?
Also, keep in mind that answering these questions is only valuable if you go into the process objectively and aware of your biases. Don't treat the research process as an exercise in confirming a view you already have, or else you'll just waste your time.
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Fundamentals do not matter when the Bull runs free... When individuals start taking heavy losses, all of a sudden it matters...
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