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Fundamental data at Freetrade

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Fact checked by
Oct 2023
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Does Freetrade offer fundamental data on stocks as of October 2023?

No, unfortunately Freetrade doesn't provide fundamental data on stocks or other assets, so you'll need to look elsewhere if you want to do your own analysis.

My key findings in a nutshell
Tamás Gyuriczki
Trading Titan | CFD • Options Trading • Market Analysis

I've thoroughly tested Freetrade services with our analyst team by opening a real-money account and these are my most important findings:

  • Freetrade doesn't offer fundamental data on stocks, such as earnings or valuations
  • Fundamental data can help you assess the current health and future potential of a stock
  • Freetrade has generally poor research tools beyond fundamental data
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Fundamental data availability at Freetrade

Freetrade research tools
Fundamental data
Research user-friendliness
Research score
0.3 stars

Data updated on October 23, 2023

How to use fundamental data as an investor

If you have just started investing in stocks, it's a good idea to seek out analyst recommendations or trading ideas by experts. But if these aren't available at your broker, or maybe if you already have some basic financial knowledge, then you might as well dive in and start doing your own stock analysis. Such analysis, however, is impossible without access to fundamental data - that is, financial and operational information about the companies you invest in.

Company earnings and valuations are the most common type of fundamental data available at online brokers. Company earnings are important because they can give you an idea of how fast the company is growing or how profitable its operations are.

Company valuations can help you tell whether the company's value is adequately expressed by the share price. One of the most popular valuations, and one that is easily grasped even by beginner investors, is the price-to-earnings (P/E) ratio. You can calculate the P/E ratio by dividing the share price by the company's per-share profits.

How to use the P/E ratio? Generally, a lower P/E ratio is a hint that the stock is possibly undervalued and may be a good buying opportunity; while a higher P/E ratio may be a sign that the stock is overpriced and you should avoid it (or sell it). There is no 'ideal' P/E level, though, so the P/E ratio is usually used instead to compare a stock's current P/E to its historical valuations, or to compare stocks within the same industry. To find out more, check out our in-depth guide to how the P/E ratio works.

If you look at fundamental data provided by brokers, you may find several other valuation metrics:

  • EV/EBITDA - Enterprise Value to Earnings Before Interest, Taxes, Depreciation and Amortization. EV/EBITDA is often used alongside P/E in capital-intensive industries such as steel, automotive or oil/gas.
  • P/BV - Price to Book Value. This metric is most suitable for companies whose tangible assets are their main source of income, such as banks.
  • P/NAV - Price to Net Asset Value. P/NAV is similar to P/BV but is calculated by using the market value of assets instead of their book value. Among others, P/NAV is the preferred metric for real estate companies.

In addition to earnings and valuation data, online brokers often provide other fundamental data on stocks. These may include a brief summary of the company's products, services and history; a calendar of upcoming events such as shareholder meetings or earnings reports; or regulatory filings (e.g. about issuing new shares or getting fined by the authorities).

To find out more about how brokers can aid your independent stock research, read our overview of the most common brokerage research tools.

Other research tools at Freetrade

Fundamental data not available or not enough for you? Unfortunately, Freetrade has only a limited number of research tools, and most of them are not very user-friendly:

Freetrade research tools
Charting quality
News quality

Data updated on October 23, 2023

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Author of this article

Tamás Gyuriczki

Trading Titan | Investment • Stock Market • Market Analysis

As a financial expert with BrokerChooser, I play an integral role in the analyst team by actively reviewing many of the 100+ brokers that are listed on our site. I personally open accounts with real money, execute trades, test customer services. My hope is that my first-hand experience with these brokers, incorporated in our reviews, helps users find the most suitable broker for their needs.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.

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