Stock Reports Plus (powered by Refinitiv/LSEG) evaluates over 4,000 listed companies on Indian stock exchanges. A perfect 10 out of 10 average score indicates that a company excels across quantitative filters while maintaining a consensus “Strong Buy” or “Buy” rating from institutional analysts on the Institutional Brokers’ Estimate System (IBES).
The 5 Core Pillars of a 10/10 Score
The composite score aggregates performance across five fundamental and technical parameters:
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Earnings: Evaluates quarterly revenue and profit growth trends, positive or negative earnings surprises relative to analyst expectations, and upward revisions in consensus EPS estimates.
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Fundamentals: Measures key balance sheet health indicators, including return on equity (ROE), operating cash flows, debt-to-equity ratios, and interest coverage safety.
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Relative Valuation: Compares current enterprise value, price-to-earnings (P/E), and price-to-book (P/B) ratios against industry peers and historical trading averages.
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Risk: Assesses beta values, stock volatility, balance sheet leverage, and debt default probabilities to ensure capital preservation.
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Price Momentum: Measures relative strength index (RSI), moving average alignment (20-day, 50-day, and 200-day DMAs), and volume surges indicating institutional accumulation.
How Institutional Selection Works
| Pillar | Focus Metrics | Target Criteria for Perfect Score |
| Analyst Consensus | IBES Recommendation | “Strong Buy” or “Buy” with positive target price upside |
| Financial Strength | Fundamentals & Risk | Low net debt, high return on capital (ROCE), strong cash flow |
| Earnings Momentum | Surprise & Revisions | Consistent beat on EPS projections over consecutive quarters |
| Valuation Safety | Relative Valuation | Trades at a reasonable valuation margin compared to sector peers |
Investor Takeaway
A 10/10 Stock Reports Plus score combined with an IBES “Buy” rating provides a systematic, objective starting point for stock screening. However, quantitative scores are trailing and current-state indicators. Investors should always perform independent research regarding upcoming earnings, sector tailwinds, management quality, and macroeconomic risks before taking a position.
