Hi Dinesh
I don’t think nobody is here telling that take decision only by looking at management ,business or financial. You need to consider everything but excel should be given very less importance for quality investing.
Let me give you an example . You applied this same excel formulas and derived KRBL’s value price at Rs 540 on March,18 but see where the price is now. So my advise is to you don’t try to put your formula’s everywhere . You will do a grave mistake if you fit DMART,PIDILITE,PAGE,BRITANNIA and KRBL in single excel format.So to judge quality companies you need to consider to look at bigger picture which is an Art not science. I am neither criticizing your approach/valuation model just only telling you, it does not work for all companies specially qualities
Rest depend on you Best of Luck !
1 Like