What metrics on Stockopedia do you use to determine your own future price prrdiction gor a stock you are considering?
Unlock the rest of this article with a 14 day trial
Already have an account?
Login here
What metrics on Stockopedia do you use to determine your own future price prrdiction gor a stock you are considering?
Already have an account?
Login here
Hi Thurtson,
I'm a relatively new user to Stockopedia and I think it's great for carrying out relative valuations so you can easily compare PE ratios for companies in the same sector/industry and the market in general but you can also use a screen to compare PE valuations for companies with similar characteristics to the stock you are reviewing - I have been looking specifically at ones with similar free cash flow, growth & risk.
I've also been using a lot of the data from the stock report to inform my discounted cash flow valuation though I do this in excel so not sure too useful for your question.
I do this by Forecast Share Price = EPS x PE RATIO. So you can do this by using the forecast EPS and maybe the industry average PE ratio which can both be found on here. I use a more refined version of this method, but this is a good starting point.