I like two totally different kinds of screens. One looks for "deep value" cigar butts, net current asset stocks(selling for current assets - total liab-preferred shares) Evaluating after that I do company to company.

other data that is helpful

balances sheet health, debt to equity, current ratio, return on equity and capital , % decline in share price over short period of time, earnings growth, projected eps growth, PE. I wish I remembered the criteria for a screen I ran about a year or so ago before PBR had its big run. George, I think you were onto PBR then to. I found two gems, PBR and CPL in that screen.  maybe Bronco Drilling to. pretty sure roe, % decline, net margin > 1, maybe dividends to were in it.

http://www.grahaminvestor.com/screens/grahams_result

Hey George,

I always start with Morningstar's "Key Ratios" tab. Looking at the 10-year ROA and ROE gives you a good idea of moat. I wish they had ROIC, that would be the best.

I'd also like to see EBIT/EV (where EV = mktcap + debt - cash). I believe this is a better valuation ratio then P/E. Straight earnings yield (E/P) would be okay too.

Lastly, Free Cash Flow Yield (FCF/P) is probably the best valuation measure, but you can't find it anywhere.

I'm hoping XBRL is the solution we're looking for. I've found that NAIC's site, betterinvesting.org, is a great resource for tabular financial data, and it's only $7 a month. But no cash flow numbers. Google Finance's IS/BS/CFS pages are easily parsed if you're a decent code monkey (I am).

Steve

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