Equity Research & Views

View

My own call on the company after reading its results and earnings call — Positive (looks promising), Watch (keep an eye on), Concern (be cautious), Negative (avoid for now). A judgement, not a calculation.

Tier (1–4)

How fast the business is growing, graded on the weaker of its yearly sales and profit growth. Tier 1 is both above 20%, Tier 4 is either below 10%. Arithmetic, not an opinion.

Multibagger potential

A 0–100 score of how strong the case looks on the figures alone — cheapness, growth the market has not paid for yet, growth quality, returns on capital and the price trend. It has NOT read the earnings call; the View has.

Multibagger

A stock that returns several times what you paid. It takes both growing earnings and a rising P/E — which is what the potential score measures.

P/E

What you pay for ₹1 of yearly profit. 20× means ₹20 of share price for every ₹1 the company earns a year.

EPS

Earnings per share — the profit belonging to one share.

CAGR

The steady yearly rate that would take you from the starting figure to the ending one. A 3-year CAGR of 40% means it grew as if 40% every year for three years.

Re-rating / re-pricing

The market deciding to pay more for the same ₹1 of profit. The P/E rises without the earnings changing. This is the half of a multibagger that is not growth.

YoY / QoQ

Against the same quarter a year ago (YoY) / against the quarter just before (QoQ).

Book value

What one share owns of the company on paper — assets minus debts, divided by the shares. Useful where profits are lumpy and the P/E misleads.

Trend line · EMA (10W / 20W / 40W)

A smoothed average of the price over the last 10, 20 or 40 weeks. Price above all three means buyers have been in control for a while.

Market cap

What the whole company costs at today’s price — the share price times every share there is.

See a real card taken apart, piece by piece →