“Competitor” tab is aim to list and store a list of competitors for the stock that you are currently working at. You can save a list of up to 40 competitor / peer companies and the average of the financial ratios will be calculated for comparison. The average figures will also be used in peer valuation in the “V – Dashboard” tab.

The “Competitor” tab is best used along with the “Full Stock Listing” tab.

When you are interested in a particular stock, one of the area that is important is their competitor / peer companies. In this example – we are looking at furniture manufacturer listed in KLSE.
You may go to the “Full Stock Listing” tab and filter the subindustry – Home Furnishings & Fixtures. It will then list all the furniture related companies available in the TRV Stock Analyzer.

From the list, you may select the company that you are interested to look at. For this, we have selected – POHUAT, LIIHEN, HOMERIZ and LATITUD.

Unfortunately, the “Competitor” tab does not load the data automatically.

You have to load each of the stock individually first. For example, if you are looking at the furniture industry

Next, we can start loading these company individually starting from LIIHEN into the analyzer. Once the particular stock is loaded, click on “Add Competitor” in the “Competitor” tab. This will add the financial figures on to the table in that tab. Data for LIIHEN will then copied to the table below. You will need to repeat the process for each stock which are HOMERIZ, LATITUD and POHUAT.

You may think that this process is a little troublesome but it is essential for us to structure it that way. Comparison of competitors is based on the latest stock price. Hence the analyzer will need to run the calculations for figures like EV/EBIT, OCF Yield, FCF yield using current stock price. There are thousands of calculations involved behind the scene.

The average of the financial ratios is also calculated (red box) for the ease of comparison.

The averages will also be used in the “V – Dashboard” tab to value the company based on its peer / competitor.

In this case, LIIHEN is valued at RM 3.077 based on the several financial ratios average from the peers.