EquityRoots
Methodology

How a stock becomes a score.

Every actively-traded NSE stock is scored on three pillars — Quality, Valuation, Momentum — within its peer cluster and maturity tier. The result is a 0–100 percentile that means the same thing everywhere on the site.

The pipeline

Raw filings to a comparable score in five steps.

Public filings
Annual + quarterly fundamentals
Peer cluster
Industry × business model
Pillar percentiles
Quality · Valuation · Momentum
Cluster-tuned blend
Weights vary by industry
Composite 0–100
Re-percentiled within bucket
The three pillars

What we actually measure.

Each pillar asks one question. The specific inputs differ by cluster (a bank scores differently from a paint company), but the question doesn't.

Return on equity · 8y trend
01

Quality

Does this business compound?

Returns on capital, multi-window CAGR, growth consistency, cash conversion, balance-sheet discipline. The question we're answering is whether the business has built durable economics — or just had a good year.

Peer median P/E28×This stock21×25% cheaper than the cluster median
02

Valuation

Are we paying a fair price?

P/E, P/B, EV/EBITDA, FCF and dividend yield — but always relative to peers in the same cluster, never the whole market. A 25× P/E in pharma means something very different from a 25× P/E in cement.

12 months agotoday
03

Momentum

Is the market noticing?

Price momentum across 3, 6, 12-month horizons relative to the broader market — blended with latest-quarter earnings momentum. The two together separate hype from fundamentals turning.

Maturity tiers

Apples to apples, by history.

A 1-year-old IPO can't be scored on a 5-year CAGR. We bucket stocks by available history so the comparison is fair within each tier.

Long-term Compounder
10+ years
10 yrs+
Established
7–9 years
7 yrs+
Emerging
3–6 years
3 yrs+
New Listing
1–2 years
1 yr+
A stock is scored against other stocks in the same tier (e.g. an Emerging mid-cap NBFC is compared to other Emerging mid-cap NBFCs, not to HDFC Bank). Tiers shift as a company accumulates history.
Why peer-relative

Compared to its bucket, not the whole market.

Comparing a small-cap NBFC to HDFC Bank on absolute RoE is meaningless — they operate at different scales, regulatory regimes, and growth profiles. Comparing it to other small-cap NBFCs on the same scorecard is.

All NSE stocks · one dot per companyYour stock'speer bucket

Every percentile on the platform is computed within a stock's (peer cluster, maturity tier) bucket. A 75always means "top 25% within its bucket" — same meaning across the site.

That's why a small Pharma stock with a 70 composite is genuinely ranked above its peers, even if a Bank with a 70 composite looks completely different on the absolute numbers. Same percentile, same relative position.

Data sources

Public filings, weekly cadence.

Fundamentals are derived from publicly disclosed company filings. Daily prices and technical indicators are computed from open market data. All scores recompute weekly after each Friday's market close.

Fundamentals
Annual + quarterly filings
P&LBalance sheetCash flow
Prices & technicals
Daily close from open market data
1d / 1w / 1m returnsTrend strengthEarnings momentum
Ownership
Quarterly shareholding patterns
Promoter %FII %DII %
Weekly cadence. Every Friday after market close, the full universe is rescored. The previous snapshot is preserved — we never edit history. A score from week 1 is exactly what we said back then.

What we don't publish

The specific peer-cluster definitions, per-cluster pillar weights, and the underlying metric weights inside each pillar are research IP we maintain in-house and continuously refine. On any individual stock's page we show you exactly how that stock's score is built — its pillar percentiles, which metrics drove them up or down, and which strengths and gaps stand out vs peers. That's the transparency that matters when reading a score.

Not investment advice. Scores are quantitative rankings, not buy/sell recommendations. Always do your own research. Back to the heat map.