Ycharts, stock information easy to digest

by admin on June 28, 2011

Since I’m not really good in reading and interpreting financial results,  I used Ycharts so I can see this information quick and graphically. One of the features I like the most is the ability to compare two metrics of a stock, that really helps me to understand thing correlate and in general it helps me to get the big picture faster and easier.  I can also compare the same metric between two stocks in competitive industries.

Here two samples:

For instance if I want to know if outstanding shares of a company are increasing o decreasing I can see that on this graph, on this sample I can see very quick that outstanding shares from Microsoft have decreased dramatically over the last 6 years, and I can also add another metric to identify when these buybacks had taken place.

Microsoft Corporation Shares Outstanding Stock Chart

Microsoft Corporation Shares Outstanding Stock Chart by YCharts

On this one for example you can see the long term debt of two competitive companies, Dell and Hewlett Packard. With this kind of graphical data I can save a lot of time, no need to visit annual reports since 1980, just a quick shoot that tells me the whole story.

Dell Long Term Debt Stock Chart

Dell Long Term Debt Stock Chart by YCharts

I’m paying subscriber of this page for two reasons:

  1. Because some of the metrics that I usually used on my valuations are not available to free subscribers, some of the two that I always use on my valuations are: EV / EBITDA and Tangible Book Value. In addition I can get some other metrics that are proprietary of Ycharts but really help me evaluate stocks I’m considering to buy.
  2. The second reason is that I always use these graphs to illustrate my stock recommendations; I can embed any of the graphs on my blog completely free, which is awesome.

The data from Ycharts is directly delivered from the SEC, so it can be trusted.

Another great feature for paying subscribers is the “Pro Strategy”, it is a list of stocks generated using quantitative strategies which have been tested historically for returns, it helps me to find new investment ideas based on information that have worked in the past. Some of the methods Ycharts use to add stocks to these stock-screens are: Dividend Yield, Earnings Yields, and Book to Market Ratio. YCharts has tested each of these valuation metrics plus others and combined them into a single Value Score, which is available to all YCharts Pro users. High Value Score stocks historically outperformed the S&P 500 by huge margins over long periods of time, and current scores are available for up to 5,000 stocks in their database, you can also get a free trial for few days if you want to try the site before committed your money for a longer term service. Current price is $19,95/Month.

All my articles are based on value investing advice. If you enjoyed this post, please consider joining my mailing list below. NO SPAM, NO DATA SHARING. You can also follow me at Covestor where you can replicate my trades and track the performance of my model portfolio against the S&P 500.

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