![]() This means when comparing earnings to stock price and other statistics, an adjustment is required.) Another problem occurs for Japanese companies where Yahoo does not report stock prices in Yen. You can also copy the currency adjustment factors into column C which will normally be 1.0 except for UK companies and the pence/pounds problem as well as companies that do not have stocks in local currency on yahoo.įor the selected companies I have included the ticker symbols and potential adjustments for currencies (one of the horrible examples is that Yahoo Finance uses Pence for UK companies while Market Watch uses Pounds. To use the selected companies, just copy the ticker symbols in to column D and column F of the menu sheet and then copy the company names into column B. If you want to use and existing set of tickers such as for the Dow 30 stocks, you can also go to the bottom of the sheet where I have put in some examples of companies to use. As with other pages that describe how to work with the Financial Analysis Database, the objective is to make sure you are completely comfortable with how the database works and how you can modify things by yourself. To get the other tickers, I suggest that you use go to a search engine and then throw the markewatch ticker and the yahoo ticker into the spreadsheet. companies as shown in the screenshot below. Exchangesįor the simple example to start with, I have entered three ticker symbols for U.S. Instructions for Downloading Files with Macros This example has only two stocksĮxcel File with Comprehensive Financial Analysis with Cost of Captial, Data for Model and Ratio Analysis After Read An updated version of the file that is used to perform the comprehensive analysis is attached to the button below. ![]() This page demonstrates how to deal with this issue through reading in exchange rates. If the currency of the financial statements is different from the currency of the stock prices, ratios like the P/E ratio and the Price to Book Ratio will be incorrect in the historic analysis. I also explain how to add country codes for the Market Watch symbol. that trade on different exchanges. On this page I demonstrate how to search for the Market Watch and the Yahoo Symbol. The good news is that Market Watch is much better with companies outside of the U.S. Finding the appropriate ticker symbols can be the most time consuming part of the process of implementing the Financial Analysis Database. This page explains how to enter the ticker symbols on the menu sheet to create a new financial analysis database. The file attached to the button below can be used to retrieve a comprehensive financial data and then later connected with an analysis file.Įxcel File that Reads Financial Data from MarketWatch and Finance.Yahoo that Can be Connected with Analysis Files This page discusses the process of acquiring the data. ![]() The first part is for analysis of the data and the second part is to analyze the data. I have now separated the process of gathering data into two separate parts. I hope you will take a look at the file if for no other reason to see just how much you can do with some macros and some structured excel formulas. If you have Bloomberg or something similar you may think this file is not very useful. I have been working on an approach to retrieve financial data and then use the data as a basis for financial models or in valuation analysis for many years.
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