Making stock investment decisions can be difficult, especially if you don't have the right tools. In this guide, we will share the best stock analysis spreadsheets and how they can help you make better investment decisions in less time. Whether you are looking to compare stocks, track your portfolio, analyze a particular company in detail, or track dividend payments, we have you covered!
Types of stock analysis spreadsheets
The type of stock analysis spreadsheets includes:
- Comparison stock analysis spreadsheets: These stock analysis spreadsheets allow you to compare multiple stocks side by side across many important key metrics. This is helpful when you are trying to decide which stock to invest in.
- Portfolio tracking stock analysis spreadsheets: These stock analysis spreadsheets allow you to track your portfolio so you can see how your investments are performing. This is helpful for monitoring your progress and making sure you are on track to reach your investment goals.
- Company analysis stock analysis spreadsheets: These stock analysis spreadsheets allow you to analyze a particular company in detail. This is helpful when you are trying to decide if a company is a good investment.
- Dividend tracking stock analysis spreadsheets: These stock analysis spreadsheets allow you to track dividend payments so you can see how much money you are making from your investments and asses dividend investment opportunities. This is helpful for monitoring your progress and finding new ways to grow your portfolio.
The best free stock analysis spreadsheets
Here is the list of the best stock spreadsheets you can use to take your investing to the next level. In the section below, you will see how you can access them and make any edits you'd like for free.
Google Sheets and Excel portfolio tracker
This spreadsheet makes it easy for you to track the real-time price of your stocks and ETFs.
It allows you to refresh the data whenever you want so you can see your portfolio allocation by asset, track your gains and losses and compare your cost basis versus the portfolio value.
Excel discounted cash flow (DCF) template
This is one of the best spreadsheet templates you can use because it first allows you to compare companies of a similar type by important key metrics. Then it allows you to project future cash flows by entering any assumptions you like on the financial statements based on your research. Lastly, it combines historical stock data with real-time information like the 10-year yield to calculate the WACC and the company's intrinsic value per share.
Dividend payment analysis template (Google Sheets and Excel)
This template makes it very easy for you to find the current dividend yield of any company or ETF. Most importantly, it allows you to see all the historical stock dividend payments that a company has made so you can do any calculations you like, such as projected dividend payouts, current dividend growth, etc. If you are a dividend investor, you must try this template.
Roaring kitty individual stock financial analysis template (Google Sheets and Excel)
Based on the popular WSB investor Keith Gill this template replicates his way of analyzing individual companies across multiple real-time and historical key metrics and financials. With this template, you can get a good idea of whether a particular company is worth doing additional research and how it has performed financially in the past. Lastly, you can see on the right some pretty unique key ratios that can help you make more informed investment decisions.
Multiple stock key metric comparison (Google Sheets and Excel)
This is the best template to use when deciding which company to invest in or looking at comparisons for valuations. As you can see, it provides you with some of the most critical real-time data and key metrics information in the trailing twelve months, such as ROIC, ROE, market cap, EBITDA ratio, etc. The beauty of this template is that you can easily change the company tickers and add more metrics that better suit your investment style.
How to use the stock analysis spreadsheets
Using these stock analysis spreadsheets is very simple. All you have to do is follow these steps:
- Get a free Wisesheets account
- Download the Wisesheets add-on on Excel and Google Sheets and sign in with your account
- Pick your favorite template and make any edits you'd like.
An important thing to mention is that you do not need a paid Wisesheets account to access these templates with your free trial account, which doesn't have an expiration date you can download any template listed in one click.
The benefit of a paid account is that you can get the data automatically for 50,000+ stocks and ETFs besides Apple, Amazon, and Tesla, which come included in the trial.
If you are using these templates in Google Sheets, make sure you have the Wisesheets add-on open when you access a template and change the ticker if the formulas are stuck loading.
Lastly, feel free to make any edits you'd like that make your analysis process easier, whether it's changing the formatting, tickers, or data, you can do it all and save the template so you can access it whenever you want.
There you have it, the best stock analysis spreadsheet templates for stock investing in 2022 that will help you make better investment decisions. So what are you waiting for, go ahead and give them a try! And if you want access to even more templates and stock data, then sign up for a Wisesheets account.