Stock Reports Plus (powered by Refinitiv) provides a comprehensive quantitative and qualitative evaluation framework covering over 4,000 listed companies. Achieving a perfect overall score of 10 out of 10 indicates that a stock exhibits top-tier health across all major evaluation pillars, combined with a Strong Buy or Buy consensus recommendation from institutional analysts via the Institutional Brokers’ Estimate System (I/B/E/S).
How the “10 on 10” Score Is Calculated
Refinitiv’s model aggregates quantitative metrics across five core pillars, assigning each a rating before computing the composite score:
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Earnings Quality & Momentum: Positive earnings surprises, upward revisions in EPS estimates by research brokerages, and strong quarterly growth.
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Fundamentals: High return on equity (ROE), strong interest coverage ratios, low debt-to-equity levels, and healthy cash flow generation.
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Relative Valuation: Attractive Price-to-Earnings (P/E), Price-to-Book (P/B), and Enterprise Value-to-EBITDA multiples relative to historical averages and sector peers.
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Risk Assessment: Low historical volatility, high liquidity, clean balance sheets, and minimal financial distress probability.
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Price Momentum: Strong technical strength, positive relative performance against benchmark indices (Nifty 50 / Sensex), and favorable moving average alignment.
What Makes a “10 on 10” Stock Pick Attractive?
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Institutional Backing: Combines quantitative financial health with consensus “Buy” or “Strong Buy” ratings from institutional brokerages.
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Balanced Risk-Reward: Unlike purely technical stock screeners, a 10/10 score ensures the company isn’t just momentum-driven—it has solid fundamental backing.
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Margin of Safety: Multi-pillar evaluation reduces the probability of value traps by filtering out stocks with weak balance sheets or poor earnings visibility.
Key Investment Focus Areas for High-Scoring Candidates
Historically, companies that consistently achieve and maintain a 10/10 rating on Stock Reports Plus tend to belong to sectors with strong structural tailwinds:
| Sector | Key Quantitative Drivers for 10/10 Rating |
| Banking & Financials (BFSI) | Expanding Net Interest Margins (NIMs), low Non-Performing Assets (NPAs), and steady credit growth. |
| Automotive & Auto Ancillaries | Volume recovery, margin expansion from favorable raw material costs, and strong export orders. |
| Pharmaceuticals & Healthcare | High ROE, stable US FDA regulatory track record, and strong domestic formulation sales. |
| Capital Goods & Infrastructure | Robust order books, strong execution capabilities, and deleveraged balance sheets. |
Investor Strategy
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Staggered Entry: While a 10/10 score reflects fundamental strength, always stagger purchases (SIP or dip-buying approach) to manage broader market technical volatility.
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Track Score Changes: Monitor score upgrades or downgrades weekly; a sudden drop in earnings or momentum components serves as an early exit warning.
