This page shows free stock screens that have been created by Fintel staff. You can subscribe to these screens or use them as a starting point to create your own.
For investors desiring income over capital appreciation, companies that pay dividends regularly are a great way to generate a steady cash flow. As in any purchase, the goal is to get most value for your dollar, and with dividends, a key metric is dividend yield. The dividend yield is the annual dividend paid divided by the current share price. Higher yields are better. This stock screen finds all securities with a dividend yield greater than 4%.
Stocks with a high Earnings Yield.
Stocks with an Earnings (diluted) Yield greater than 10%.
This screen uses the institutional put/call ratio to find highly shorted stocks. One popular way to "short" a stock is to buy put options on the equity. Institutions with over 100M in assets under management are required to disclose their put and call positions on a quarterly basis. When you divide the total puts by the total calls, you get the put/call ratio. High put/call ratios indicate a high degree of shorting.
This screen finds companies with significant insider buying by screening on the InsiderNetBuyerCount, which is simply the InsiderBuyerCount - InsiderSellerCount
This screen finds companies with a high number of sellers by using the InsiderNetSellerCount term, which is simply the InsiderSellerCount - InsiderBuyerCount
This screen identifies companies with a short volume ratio > 25%.
Finds all companies with an activist investor filing in the last year
Microcap Value Dump
This stock screen finds microcap companies with positive annual revenue.
A multi-factorial approach to the identification of value.
The Net Current Asset Value (NCAV) is a conservative valuation metric popularized by Benjamin Graham. To calculate it, simply subtract the total liabilities from a company’s current assets. To calculate NCAVPS (Net Current Asset Value Per Share), divide the NCAV by the number outstanding shares. This stock screener takes Ben Graham’s more conservative approach and uses ⅔ of the NCAV.
Companies with negative enterprise value generally get this way because they have a lot of cash. (Cash is subtracted when calculating EV). There is some evidence that negative enterprise value companies outperform the market, so companies matching this screen might be undervalued.
This is Benjamin Graham's Net Net Working Capital Screen
The fundamental task in investing is finding mispricings in price v. quality. There are a lot of cheap companies in the market, but most of them are cheap for very good reasons. The trick is finding companies that are cheap but actually healthy. In 2000, Joseph Piotroski wrote a paper in which he described a mathematical model that turned data from financial reports into a simple 9-point score that described a company’s health. He showed that this score, combined with a valuation metric (he used Book-To-Market), could be used successfully to produce excess returns in an investing strategy. This stock screener finds all companies with a score greater than six (which we call “healthy enough”). In his work, he suggested taking a list like this and buying the cheapest of that list. Note that many people believe, incorrectly, that buying companies with the best score is the proper approach, but they end up overpaying for quality. Remember, the goal is to find mispricings in price and quality, not overpay for high quality.
Companies with Return on Invested Capital (ROIC) > 15%
The acquirer's multiple takes into account a company's debt and cash levels in addition to its stock price and relates that value to the firm's cash profitability.
The Enterprise Multiple is a metric used in valuation, equal to Enterprise Value divided by Operating Income. As it accounts for debt, the Enterprise Multiple analyzes a firm from the perspective of a would-be acquirer.
The Magic Formula screen essentially ranks stocks on two metrics: low relative cost ("cheap") and high returns on capital ("quality" or "good").
The Magic Formula screen essentially ranks nano cap stocks on two metrics: low relative cost ("cheap") and high returns on capital ("quality" or "good").
The Magic Formula screen essentially ranks small cap stocks on two metrics: low relative cost ("cheap") and high returns on capital ("quality" or "good").
This screen searches for small cap issues with a low likelihood of bankruptcy.
This screen searches for potentially valuable issues with a low likelihood of bankruptcy.
Walter J. Schloss (August 28, 1916 – February 19, 2012) was an American investor, fund manager, and philanthropist. He was a well-regarded value investor, as well as a notable disciple of the Benjamin Graham school of investing.