Global Market Screener & Valuation Radar

🏭 1. Non-Financials CapEx Philosophy

Strips out Intangibles and Goodwill to focus strictly on physical capacity additions (Gross Block + CWIP). Annual Capacity Expansion (ACE) measures real-world productive investments, while the Self-Funded Ratio (OCF / ACE) proves whether expansion is funded organically from operating cash flows without debt distress.

🏦 2. Banking & NBFC Quality Framework (The Golden Trio)

Financial institutions cannot be analyzed via factory CapEx. Instead, credit institutions thrive on asset quality, disciplined loan compounding, and historical valuation safety:

• Loan Book Growth YoY: Growth in Net Loans / Advances. Growth > 10% indicates healthy market share expansion and active lending without stagnation.
• Asset Quality (NPA Decreasing): Gross NPA % and Net NPA % trending downward year-over-year. Declining bad loans reduce credit provisioning costs and supercharge bottom-line profitability.
• Historical Valuation Discount (P/B < 10Y Median): Price-to-Book multiple is below the bank's own 10-year median/average P/B, providing a deep margin of safety.
• 🏆 The Golden Trio: When a bank simultaneously exhibits positive Loan Book Growth + Decreasing NPA + Undervalued P/B vs its 10Y median.
• Return Quality: ROE > 12% and ROA > 1.0% indicate superior capital allocation and underwriting efficiency.

📉 3. Technical 300-Day Moving Average Indicator

The 300-day Simple Moving Average (SMA) tracks the long-term institutional cost basis. Stocks trading 30% or more below their 300 DMA represent deep cyclical pullbacks and extreme pessimism, creating high-probability contrarian entry points when underlying fundamentals (CapEx expansion or loan growth) are expanding.