How to Use KLSE Screener [Complete Guide]

What is KLSE Screener

KLSE Screener is a stock screener that helps investors find quality stocks on Bursa Malaysia, whether from a Fundamental or Technical Analysis perspective.

This screener can be used directly through the website https://www.klsescreener.com/ or you can also download it from the Play Store / Apple Store on your smartphone.

KLSE Screener - Helps in Stock Investment

For example, if you go to the KLSE Screener website, there are many screening features available such as Stock, Warrant, Corporate Entitlement, Stock Quarter Reports, New and many more.

What is interesting is that all these screeners are completely free to use. So in this article, we will show you several strategies you can use as ideas for your stock research.

Magic Formula Investing Technique – Using KLSE Screener

One of the stock research methods you can use is the Magic Formula Investing Technique. This technique uses PE and ROE values.

Before that, you need to know these 2 things:

The lower the PE value of a company, the better it is for us as investors.

PE Ratio shows how much value investors are willing to pay to earn income in that company.

A good PE Ratio is when PE is less than 15. The formula to calculate PE Ratio is:

P/E Ratio = Price per Share / Earning Per Share

The lower the PE value means investors can own the stock at a cheaper and more worthwhile price (undervalue).

The higher the ROE value of a company, the better it is for investors.

Return On Equity, ROE is used by investors to identify the level of returns they can expect from that company.

The formula to calculate ROE is:

Return on Equity = (Net Income / Shareholder's Equity) x 100%

First: Go to https://www.klsescreener.com/

Second: Enter PE Max value = 15

Third: Enter ROE Min value = 10

Fourth: Tick the Shariah Compliant checkbox to get only the list of Shariah-compliant stocks. Click Screen.

This is the list of stocks that meet PE < 15 and ROE > 10

To make analysis easier, you can copy and paste into Excel for further research.

Fifth: Sort PE values from LOWEST to HIGHEST and assign scores.

Sixth: Sort ROE values from HIGHEST to LOWEST and assign scores.

Seventh: Combine the PE + ROE scores

Eighth: Pick the top 10 stocks with the lowest scores. The lower the total score, the better and more suitable the stock is for further observation.

Conclusion

KLSE Screener is a very useful tool for investors to find quality stocks on Bursa Malaysia. With various features including PE, ROE, and screening tools, it is suitable for both beginner and experienced investors.

Frequently Asked Questions (FAQ)

1. What is KLSE Screener?

KLSE Screener is an online platform that helps investors search and filter stocks on Bursa Malaysia based on fundamental and technical criteria such as PE ratio, ROE, revenue growth, and many more.

2. Is KLSE Screener free to use?

KLSE Screener provides a free version with delayed data. For real-time data, you need to subscribe to a paid plan starting from RM50 per year.

3. How do I use PE and ROE on KLSE Screener to find good stocks?

Sort PE values from lowest to highest and ROE values from highest to lowest. Assign scores to each stock, combine the PE + ROE scores, and pick the stocks with the lowest total score.

4. What are the main features available on KLSE Screener?

The main features include stock screener, portfolio tracker, market overview, dividend tracker, IPO calendar, and real-time data for paid subscribers.

Start Your Investment Journey

Now that you know how to use KLSE Screener, it is time to start investing. Prepare your CDS account and start doing your analysis.

Open a CDS Account: Open a CDS account with Mplus today and start trading stocks on Bursa Malaysia.

Download Free Ebook: Get the free stock basics ebook from Mahersaham for a complete investment guide.