Fundamental analysis for dummies
Pick stocks, create a portfolio, and build a nest egg Ever wonder how the pros pick the stocks they invest in? Well, most of them use some form of fundamental analysis, a popular method for assessing securities. In Fundamental Analysis For Dummies, you'll get a crash course in valuating publicl...
| Other Authors: | |
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| Format: | eBook |
| Language: | Inglés |
| Published: |
Hoboken, New Jersey :
John Wiley & Sons, Inc
[2023]
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| Edition: | Third edition |
| Series: | --For dummies.
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| Subjects: | |
| See on Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009757936806719 |
Table of Contents:
- Intro
- Title Page
- Copyright Page
- Table of Contents
- Introduction
- About This Book
- Icons Used in This Book
- Beyond the Book
- Where to Go from Here
- Part 1 Getting Started with Fundamental Analysis
- Chapter 1 Understanding Fundamental Analysis
- Why Bother with Fundamental Analysis?
- Some of the real values of fundamental analysis
- Driving home an example
- Putting fundamental analysis to work
- Knowing what fundamentals to look for
- Knowing what you need
- Knowing the Tools of the Fundamental Analysis Trade
- Staying focused on the bottom line
- Sizing up what a company has to its name
- Burn baby burn: Cash burn
- Financial ratios: Your friend in making sense of a company
- Making Fundamental Analysis Work For You
- Using fundamentals as signals to buy or sell
- The perils of ignoring the fundamentals
- Using fundamental analysis as your guide
- Chapter 2 Getting Up to Speed with Fundamental Analysis
- What Is Fundamental Analysis?
- Going beyond betting
- Understanding how fundamental analysis works
- Who can perform fundamental analysis?
- Following the money using fundamentals
- Comparing Fundamental Analysis with Other Ways of Picking Investments
- How fundamental analysis stacks up against index investing
- Comparing fundamental analysis with technical analysis
- Putting Fundamental Analysis to Work For You
- How difficult is fundamental analysis? Do I need to be math wizard?
- Is fundamental analysis for you?
- The risks of fundamental analysis
- Making Money with Fundamental Analysis
- Putting a price tag on a stock or bond
- Being profitable by being a "contrarian"
- The Fundamental Analysis Toolbox
- Introducing the income statement
- Balance-sheet basics
- Getting the mojo of cash flows
- Familiarizing yourself with financial ratios (including the P-E).
- Chapter 3 Gaining an Upper Hand on Wall Street: Why Fundamental Analysis Gives Investors an Edge
- Better Investing with Fundamentals
- Picking stocks for fundamental reasons
- Uses for the index investor
- Assisting technical analysts
- Dooming your portfolio by paying too much
- Sitting through short-term volatility
- Relying on the Basic Info the Pros Use
- What is "the Warren Buffett Way"?
- Checking in on Graham and Dodd
- The origins of value investing
- Using fundamentals to see when a stock is priced right
- Figuring Out When to Buy or Sell a Stock
- Looking beyond the per-share price
- Seeing how a company's fundamentals and its price may get out of alignment
- Avoiding overhyped "story stocks"
- Pairing buy-and-hold strategies with fundamental analysis
- Looking to the long term
- Patience isn't always a virtue
- Chapter 4 Getting Your Hands on Fundamental Data
- Getting in Sync with the Fundamental Calendar
- Which companies must report their financials to the public?
- Kicking it all off: Earnings season
- Getting the earnings press release
- Bracing for the 10-Q
- Running through the 10-K
- Flipping through the annual report (if there is one)
- There's no proxy like the proxy statement
- Getting up to Speed with the Basic Accounting and Math
- Operating activities: Finding smooth operators
- Investing activities: You have to spend money to make money
- Financing activities: Getting in tune with high finance
- Learning a key fundamental math skill: Percentage changes
- How to Get the Fundamental Data You Need
- Getting acquainted with the SEC's database
- Step-by-step directions on accessing company fundamentals using EDGAR
- Pulling fundamental data from websites into spreadsheets
- Finding stocks' dividend histories
- Getting stock-split information
- Part 2 Performing Fundamental Analysis Yourself.
- Chapter 5 Analyzing a Company's Profitability Using the Income Statement
- Digging Deep Into the Income Statement
- Taking in the Top Line: Revenue
- Breaking down a company's revenue
- Keeping tabs on a company's growth
- What are the company's costs?
- Digging into costs
- What is the company's bottom line?
- Calculating Profit Margins and Finding Out What They Mean
- Differences between the types of profit margins
- Gross profit margin
- Operating profit
- Net profit margin
- Finding out about earnings per share
- Comparing a Company's Profit to Expectations
- The importance of investors' expectations
- Comparing actual financial results with expectations
- Chapter 6 Measuring a Company's Staying Power with the Balance Sheet
- Familiarizing Yourself With the Balance Sheet
- Separating your assets from your liabilities
- The most basic equation of business
- Understanding the Parts of the Balance Sheet
- Covering your bases with assets
- Getting in touch with a company's liabilities
- Taking stock in a company's equity
- Analyzing the Balance Sheet
- Sizing up the balance sheet with common-sizing
- Looking for trends using index-number analysis
- Appreciating working capital
- Analyzing here and now: The current ratio
- The Danger of Dilution
- How stock can be watered down
- Knowing how stock options can contribute to dilution
- Soaking up extra shares with buybacks
- Chapter 7 Tracking Cash with the Statement of Cash Flow
- Looking at the Cash-Flow Statement As a Fundamental Analyst
- Getting into the flow with cash flow
- Breaking the cash-flow statement into its key parts
- Examining a company's cash flow from operations
- Depreciation and amortization
- Stock-based compensation expense
- Tax adjustments (also called deferred income tax benefit)
- Gains on divestitures.
- Asset impairments or losses on sales of discontinued operations
- Accounts receivable
- Accounts payable
- Inventories
- Other
- Net cash provided by (used in) operating activities
- Considering a company's cash from investments
- Getting into a company's cash from financing activities
- How Investors May Be Fooled by Earnings, But Not by Cash Flow
- Understanding the Fundamentals of Free Cash Flow
- Calculating free cash flow
- Measuring a company's cash-burn rate
- Chapter 8 Using Financial Ratios to Pinpoint Investments
- Using Financial Ratios to Find Out What's Really Going on at a Company
- Which financial ratios you should know and how to use them
- Using ratios to grade management
- Return on equity
- Return on invested capital
- Checking up on a company's efficiency
- Accounts receivable turnover
- Inventory turnover
- Accounts payable turnover
- Evaluating companies' financial condition
- Debt to equity
- Quick ratio
- Interest coverage ratio
- Getting a handle on a company's valuation
- Price-to-book ratio
- Dividend yield
- Dividend payout ratio
- Earnings yield
- Getting Familiar with the Price-to-Earnings Ratio
- How to calculate the P-E
- What a P-E tells you about a stock
- Putting the P-E into Perspective
- Taking the P-E to the next level: the PEG
- Evaluating the P-E of the entire market
- Chapter 9 Mining the Proxy Statement for Investment Clues
- Getting up to Speed with What the Proxy Statement Is
- Uncovering info in the proxy statement
- Getting your hands on the proxy
- Expanding Fundamental Analysis Beyond the Numbers
- Appreciating corporate governance
- Getting to know the board
- Stepping Through the Proxy
- Getting to know the board of directors
- Analyzing the independence of board members
- Delving into the board's committees.
- Finding potential conflicts between the board and the company
- Understanding how the board is paid
- Auditing the auditor
- Finding out about the other investors in a stock
- How Much Are We Paying You? Understanding Executive Compensation
- Figuring out how much executives earn
- Checking out the other perks executives receive
- Where the real money comes from: Options and restricted stock
- Comparing CEO pay to employee pay
- Checking In on Your Fellow Shareholders
- Finding out who else owns the stock
- What's on other investors' minds: Shareholder proposals
- Part 3 Making Money with Fundamental Analysis
- Chapter 10 Looking for Fundamental Reasons to Buy or Sell
- Looking For Buy Signals from the Fundamentals
- Finding companies that have staying power
- Liquidity: Cash is king
- Low debt loads
- Stable cash flows
- Looking for a company on the rise
- Betting on the brains behind the operation
- Minding the earnings yield
- Knowing When to Bail out of a Stock
- Breaking down some top reasons to say adios to a stock
- Why selling stocks everyone else wants can be profitable
- What Dividends Can Tell You about Buying or Selling a Stock
- Calculating the dividend yield
- Knowing if you're going to get the dividend
- Making sure the company can afford the dividend
- Using dividends to put a price tag on a company
- Chapter 11 Finding a Right Price for a Stock Using Discounted Cash Flow
- How to Stop Guessing How Much a Company is Worth
- How minding intrinsic value can help you
- Getting up to speed for the discounted cash flow
- A company's cash flow
- Understanding the time value of money
- Performing a Discounted Cash Flow Analysis
- Starting out with free cash flow
- Getting the company's shares outstanding
- Estimating the company's intermediate-term growth
- Going way out: Forecasting long-term growth.
- Measuring the discount rate.
