Fundamental Analysis of US and UK Stocks

Extract revenue, operating profit, net income, margins, operating cash flow, and free cash flow from financial statements, and distinguish accounting profit from cash generation.

Assess a company's liquidity, debt burden, and changes in shareholder equity using its balance sheet.

Calculate and interpret earnings growth, return on equity, P/E, price-to-sales, and free-cash-flow yield relative to the company's history or comparable firms.

Write a concise stock thesis that cites relevant evidence and identifies business quality, valuation, possible catalysts, and material risks.