OPEN-SOURCE SCRIPT
Euna Quality Growth Score v3
una Quality Growth Score (EQGS) is a sector-adjusted fundamental stock-screening indicator designed to compare business quality, growth, balance-sheet strength, cash-flow generation, and valuation on a normalized 0–100 scale.
The script automatically detects a company’s sector and industry, then applies a different scoring framework based on the company’s business model. Rule of 40 is applied only to detected software companies. Financial companies, industrials, technology hardware, healthcare, consumer companies, energy, utilities, and real estate are evaluated using sector-appropriate metrics and weightings.
Metrics may include:
The indicator converts market prices and financial values to U.S. dollars where supported to reduce currency mismatches between foreign listings and company financial statements.
EQGS also displays the detected sector, selected scoring profile, data completeness, valuation metrics, and an overall classification such as Exceptional, Attractive, Quality Watch, Mixed, or Low Quant Score.
This tool is intended for fundamental screening, peer comparison, and research prioritization. It is not a standalone buy, sell, or investment recommendation.
The script automatically detects a company’s sector and industry, then applies a different scoring framework based on the company’s business model. Rule of 40 is applied only to detected software companies. Financial companies, industrials, technology hardware, healthcare, consumer companies, energy, utilities, and real estate are evaluated using sector-appropriate metrics and weightings.
Metrics may include:
- Revenue growth
- EPS growth
- Free cash flow margin
- Gross margin
- Operating margin
- ROIC or ROE
- Net debt to EBITDA
- Buyback yield
- Price to free cash flow
- Free cash flow yield
- Price to book for financial companies
- Rule of 40 for software companies
The indicator converts market prices and financial values to U.S. dollars where supported to reduce currency mismatches between foreign listings and company financial statements.
EQGS also displays the detected sector, selected scoring profile, data completeness, valuation metrics, and an overall classification such as Exceptional, Attractive, Quality Watch, Mixed, or Low Quant Score.
This tool is intended for fundamental screening, peer comparison, and research prioritization. It is not a standalone buy, sell, or investment recommendation.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.