| The research capture the aspects of firms using the following ratios | |||
| 1. Market Value-SIZE | 2. Investement | ||
| SALESHA | Sales per share | DIVSH | Dividend per share |
| NAVSH | Net Asset Value per share | DIVYI | Dividend yield (Div per share/Share price) |
| SALETAS | Turnover/Total Assets | DIVCOV | Dividend Cover (Net profit/Dividend) |
| RESTAS | Reserves/Total Assets | PE | P/E |
| RESSFU | Res/Shareholders Funds | HOLTA | Holdings/Total Assets |
| LNMV | Natural Argorithm of MV |
|
|
| 3. Growth | 4. Profitability | ||
| MVBV | Market to Book Value | PLOWB | Plowback Ratio (Retained Profit/Operating Profit) |
| EPSG | Earnings per Share Growth | OPM | Operating Profit Margin (Oper profit/Sales) |
| PEG | PE Ratio/Annual EPS growth | NPM | Net Profit Margin (Net profit/Sales) |
| DIVSHG | Dividend per Share Growth | ROSC | (Profit after tax/Equity + Reserves) |
|
|
| EPS | EPS |
|
|
| ROCE | (PBIT/Equity + Reserves + Lt loans) |
| 5. Liquidity | 6. Leverage | ||
| CUR | Current Ratio | DEBT | Debtor Turnover (Sales/Debtors) |
| CASH | Cash Ratio | ETL | Equity/Total Liabilities |
| QUI | Quick Ratio | TLSFU | Total Liabilities/Shareholders Funds |
| CFSH | Operating Cash Flow per share [(Oper profit + Depreciation)/No of shares] | CGEAR | TL/Capital Employed-Intangibles + Short-term Liabilities |
| CFM | Cash Flow Margin (Earnings + Dep/Sales) | CLSFU | Current Liabilities/Shareholders Funds |
| WCR | Working Capital Ratio (Sales/Working Capital) | INTCOV | Operating Profit/Interest Charge |
| STOCKT | Stock Turnover (Cost of sales/Stock) | IGEAR | Interest Charge/Operating Profit |
|
|
| DEBTE | Debt/Equity |
|
|
| DSFU | Debt/Shareholders Funds |