Customized Stock Screening Strategies

The Advanced Benjamin Graham Stock Screener allows for customized combinations of the Value Investing parameters of Warren Buffett's mentor.

NCAV + Sales + Stability

For example, here is a partial list of stocks that completely meet Graham's NCAV criteria, and also have $250 Million in Sales and 5 years of uninterrupted positive earnings.

Note: Only two stocks are shown here due to limited screen space.

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NCAV + Enterprising

The Graham Number is 137% of the Serenity Number (for a stock with no intangibles in its Book Value).

Graham Number = Square Root of (15 x 1.5 x EPS x BVPS)

Graham Number = Square Root of (22.5 x EPS x BVPS)

Serenity Number = Square Root of (10 x 1.2 x EPS x TBVPS)

Serenity Number = Square Root of (12 x EPS x TBVPS)

Essentially, for a given EPS and BVPS, we pay 137% more for a Defensive grade stock since it is of higher quality than an Enterprising grade stock. Thus, the criteria for Enterprising grade stocks can be approximately replicated on the Advanced Graham Screener using the values — Assets / Liabilities: 75%, Assets / Debt: 90%, Earnings Stability: 50%, Dividend Record: 5% and Graham Number(%): 137%.

Note: This is just an example. If the reported BVPS includes intangibles, Graham Number(%) would need to be higher than 137%. True Enterprising grade stocks also need to have an EPS higher than they did 5 years ago.

Example

Shown below is a list of stocks that completely meet Graham's NCAV criteria, and additionally clear all the above criteria.

Note: GN÷PC (now called Graham Number(%)) shows 135 instead of 137 because the slider for that particular filter moves in steps of 5.

Open Preloaded Screener

Each one of these stocks already clears Graham's NCAV criteria completely, in addition to clearing most of the criteria for Enterprising investors.

The Advanced Graham Screener can also be used to select stocks of Public-Utilities and Financial Enterprises.

Graham Resources