Forum Topics Simply wall st
Dafish
Added 4 years ago

Thanks everyone for your help .@Maaxweell I had a look at market index ,looks good plenty of info there .and seems fairly easy to navigate as a mobile site also .

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PortfolioPlus
Added 4 years ago

SimplyWall Street has some great graphics and some better information dealing with management - but - their valuations are often wacko - occasionally ridiculous. I've suggested to them that they should use a filter when they are so far out of kilter with the market, but the AI robot ignores me. Maybe the robot world hasn't heard of GIGO. Certainly they don't seem to set a discount rate to reflect risk.

Take Adairs (ADH) - SWS values them at a ridiculous $9.05 No less than 9 brokers have them at an average of $4.22 (ranging from $3.30 which is Jo Little from Morgans to $5.20)

This isn't an isolated case.

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endean
Added 4 years ago

I agree with #slymeat's comments. I also found Simply Wall Street's information to be a bit behind the times and I found their valuations all over the place.

Whilst writing this I got onto the site and looked up two valuation examples for companies that are in my in SM portfolio and which I hold in real life:

Wall Street has a valuation for Uniti Group (UWL) of $3.16 which is way below true value in my opinion (recent take over activity seems to back up my opinion), however, their valuation for Imdex (IMD) of $2.94 is much closer to reality. (Analysts' midpoint consensus for these companies are: UWL $4.49 and IMD $3.11) - you can get this information from MarketScreener if you do not have another source.

Everyone is different - some may find sites like Simply Wall Street to be a useful tool for them - it's not for me.

I have been investing for more years than I care to recall and when I started out there was no internet and you simply had to get company reports mailed to you to do your analysis. Now all you have to do is press a button and the company reports land on your desk in a nanosecond, bang the financials into a prepared excel spreadsheet and carefully read the comments in the directors report and notes and compare them to what was said the previous year. And as #slymeat said - go to the company's website to get information.

For those who are time poor you can get information on directors' transactions and up to 10 years financials for all ASX companies from marketindex.com.au - currently a free service.





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Dafish
Added 4 years ago

Do many here use simply wall St for a insights into asx listed companies in particular the small cap end of the market..Im just curious of peoples experiences and how accurate they find the data .


I wouldn't base my decisions soley from such a site of course, i just thought it could be a handy tool to sift through information I work in mining/construction on 3wk swings 12hrdays often with little internet connection so you could say fairly time poor .


I would appreciate suggestions of an alternative site if any one can steer me in a better direction

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Rick
Added 4 years ago

I use the screener tool in Simply Wall Street to narrow down businesses I might be interested in based on certain fundamentals. I think this saves a lot of time initially. I also use SWS to have a quick scan of a business recommended by others before delving any deeper.

Then I do the hard yards of reading the ASX announcements to understand more about the past performance and future prospects of the business. I find SWS data to be reasonably up to date, but it does lag the ASX announcements. I don’t take much notice of the SWS DCF valuations, they seem to be all over the place and I take the analysts forecasts ‘with a grain of salt’!

I like the graphics as a quick overview for a business, particularly for margins, revenue, earnings and free cash flow. SWS also provides a good snapshot of past ROE, ROA and ROIC and forecast ROE based on analyst expectations.

It provides a good summary of ownership and insider activity, although insider activity lags the ASX announcements.

The dividend graphic shows historical divs and expected future dividend yields based on forecasts and payout ratios.

I also search the internet, Strawman and The Motley Fool, for any news, information or opinions about the business. I also subscribe to Investsmart but do my own research on their buy ideas. Unity Group was an InvestSmart/intelligent investor BUY recommendation which fitted my criteria and played out well. I also like listening to ‘The Call’. The find the way different people analyse and value a business fascinating and have learnt a lot from it.

cheers,

Rick

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barney
Added 4 years ago

Another bit of analysis I do is checking directors transactions. While there could be a perfectly reasonable explanation, it is worth thinking about. This is also available on Market Index: https://www.marketindex.com.au/director-transactions

Another I regularly check is for short positions. Note the info is from ASIC and 4 days delayed, however, I doubt that matters much for most of our decisions unless something is really going askew: https://www.shortman.com.au

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