Recently, I experimented with the “fundamental metrics” feature of TradingView by mixing and matching indicators of financial information. Finally, I created a dedicated layout called “Fundamental Analysis” and I really like it. Realizing that this feature is getting less attention than it should be, I decided to share my setup with anyone reading this to see.

To install:

I split my screen into two sides with (i) symbol, (ii) interval and (iii) time everything is synchronized.
Left screen: Analysis of trends in financial performance (the income statement)
Right screen: Analysis of trends in the financial situation (the balance sheet ), as well as the evolution of cash positions (statement of cash flows)

These are just high level failures. We don’t try to find the intrinsic values ​​of companies by just looking at bundles of colored rainbow lines.

For each quadrant, I have placed the key financial statement items (FSLI) and key ratios (i.e. activity, liquidity, solvency or profitability ratios) that are relevant to my process decision-making. This is not a standard model because every value investor is different in terms of what they want to see at first glance when presented with company financial statements.

TradingView had labels with numbers on it by default, I deleted everything because I’m just interested in looking at the trends. If I need the exact information, I will either look for the SEC documents or go get copies of the analysts’ reports. But before I do that, I want to get a quick mental overview of the company’s finances.

Example: A quick presentation of TSLA (just looking at the layout as shown in the example) over 5 years; In the last quarter:

(A) In terms of financial performance:

BAII and EBITDA had increased, all thanks to the rise in turnover, and helped by the decrease in COS and OPEX.

– as an ordinary shareholder it’s great to see the basics EPS increasing, but beware of dilutive effects

(B) In terms of the financial situation:

– from a shareholder’s point of view, it’s great to see the debt decrease over time; represented by a decrease in net debt, corresponds to a decrease in D / E.

– with the increase in the interest coverage rate, this indicates that TSLA start earning enough money to have enough BAII cover their financial costs; Well

– from the point of view of overall liquidity, there had been a rapid decrease in the ratio. This is explained by the increase in stocks as shown by the gray line. That’s okay, as long as inventory turns are stable going forward (Inventory activity ratios can be added if you want, but I just plotted the total stock; normally I just want to know whether companies hold stocks or not).

Advantage of this configuration:

– I can browse my TradingView watchlists and spend only 5-10 seconds on each company to get a brief overview of their fundamentals.

Disadvantage of this configuration:

– Scale is a problem. By default, they are installed automatically. Due to the nature of the different FSLIs and ratios, you cannot resize them to achieve a meaningful universal scale. Be careful when deciding to work with benchmarks with this setup. Example: if you look basic and diluted EPS , it seems that the dilutive effect is irrelevant because the rows are stacked. But if you look at the scales, they are completely different!

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