Labitan emphasizes four filters, all of which involve in-depth research on an investment:
1) Develop an understanding of a company and its products
2) Does a company have a sustainable competitive advantage?
3) Does a company have able and trustworthy managers?
4) Is the company available at a bargain price?
Investigate a company's background, including products/services, executives, and financials. Also include investment analyst reports.
MergentOnline (formerly FISonline) is a subscription-based service offering information on over 15,000 U.S. public companies and 30,000 non-U.S. public companies. MergentOnline is produced by Mergent, Inc., formerly known as Moody's). Mergent/Moody's is a publisher of detailed business descriptions, corporate histories and financial statements since 1900. The database also includes the Country Report module, a module that consists of the following resources: DnB Country Risk Profile, DnB Country RiskLine Report, and Mergent Country Profile.
NOTE: Must use Internet Explorer to view Investext Investment Research. Contains research reports written by top analysts at over 1,000 leading investment banks, brokerage houses, and consulting firms worldwide. Nearly 4,000 new reports are added each business day. This resource replaces Reuters Research on Demand.
Search for a report about the industry your company operates in and check the "Key Statistics" tab for industry ratios
IBISWorld provides over 700 full-text industry reports, 700 US industry risk rating reports, and information on over 8000 Publicly Traded US Companies as well as hundreds of economic and demographic profiles.
Tools and Templates
Below are links to data analysis tools and websites featuring Excel templates that can be used for bonds valuation and equity DCF/stock price valuation.