👥 Peers

1. What Is the Peers Tab?

Every company exists inside a competitive universe. A 20% operating margin sounds impressive in isolation — but if every peer in your sector runs at 30%, the story changes. The Peers tab answers the question that fundamentals alone cannot: how does this company stack up inside its own sector?

The tab is organised into three sub-views:

• Charts — multi-metric radar positioning + single-metric bar rankings
• All Ratios — full 31-ratio comparison table, colour-coded by quality tier
• Returns — price return comparison across all sector peers

The peer group is drawn from the company's industry sub-sector. TCS, for instance, sits in IT-Software (Information Technology) — a group of 20–23 companies. Finmagine computes all metrics from the same underlying dataset so comparisons are apples-to-apples.

2. Charts View: The Radar Chart

The radar chart gives you a six-dimensional view of competitive positioning in a single glance. Your stock (yellow polygon) is overlaid on the Peer Median (blue polygon). The larger and more outward-reaching your yellow polygon, the stronger the multi-metric positioning.

The six radar metrics

• ROCE% — Return on Capital Employed. Are they generating strong returns on the money deployed in the business?
• ROC% — Return on Capital (tighter definition, excludes goodwill/intangibles in some contexts). Useful alongside ROCE for capital-light vs capital-heavy comparisons.
• OPM% — Operating Profit Margin. How efficiently does the company convert revenue to operating profit?
• D/E Ratio — Debt-to-Equity. Inverted axis — a low D/E plots further from the centre (better).
• Rev Growth 5Y — Revenue CAGR over five years. Is the company growing faster than its peers?
• P/E — Price-to-Earnings. Normalised against peers — a high P/E relative to sector suggests premium valuation.

Reading the radar shape

Look for two patterns:

• Yellow clearly outside blue on most spokes — the company leads its sector across the majority of dimensions. This is the profile of a sector quality leader.
• Yellow inside blue on one spoke, outside on others — the company has a specific weakness. A stock with strong ROCE and OPM but a small polygon on Rev Growth 5Y is a profitable but slow-growing business. Worth investigating why growth has lagged.

3. Single Metric Rankings

Below the radar chart, a dropdown lets you pick any single ratio and instantly see a full horizontal bar ranking of all peers. This is where contextual intelligence happens — you stop seeing a number in isolation and start seeing a rank.

How to use the ranking dropdown

1. Select the metric you care about from the dropdown (e.g., OPM%, ROCE%, Rev Growth 3Y, D/E Ratio).
2. Bars re-render immediately, sorted from highest to lowest.
3. Your stock is highlighted in yellow — scan quickly to see whether it is in the top quartile, middle, or lagging.
4. Click any bar label to open that company's full analysis page.

Which metric to rank by?

• ROCE% — quality screen: find capital-efficient operators in the sector
• OPM% — margin screen: identify who has pricing power or operational discipline
• Rev Growth 3Y — growth screen: find the fastest-scaling businesses
• D/E Ratio — safety screen: find who is deleveraging or already debt-free
• P/E — valuation screen: identify relative cheapness vs expensive peers

4. All Ratios View

The All Ratios sub-tab is the deepest view in the Peers tab. It shows every peer side-by-side across 31 ratios, grouped into three analytical categories, with each cell colour-coded so you can scan across a row instantly rather than reading individual numbers.

The colour coding system

Thresholds are set per ratio category, not uniformly — a "Good" Current Ratio uses different absolute thresholds than a "Good" ROCE%, because what counts as healthy varies by metric. This makes the colour coding meaningful rather than decorative.

The three ratio groups

How to read the table efficiently

1. Scan your stock's column first. Note which cells are green (strong) and which are red (weak). This gives you the multi-ratio snapshot without reading every number.
2. Find the green-column leaders. If a competitor's column is mostly green across all three groups, that is the gold-standard benchmark for the sector — study their business model.
3. Look for outliers. A peer with excellent profitability but red leverage ratios is a high-return, high-risk bet. One with green liquidity and leverage but poor profitability is a stable, low-return business.
4. Click any symbol to open that company's full analysis page and investigate the ratios in depth.

5. Returns View

Fundamentals explain what a business is worth; price returns tell you what the market has paid for it. The Returns sub-tab plots the price return of every peer on a single chart so you can see relative performance — who has delivered alpha within the sector, who has underperformed, and whether your stock has decoupled from sector trends.

Using the Returns chart

• YTD toggle — year-to-date. Best for identifying which peers are leading the current market cycle.
• 1Y toggle — trailing 12 months. Smooths out recent volatility to reveal medium-term price leadership.
• 3Y toggle — three-year compounded return. This is the most useful for long-term investors — it shows who has actually compounded wealth at the portfolio level.

What to look for

• Your stock above the median line — it has outperformed most peers. Combined with strong fundamentals, this confirms the market is recognising quality.
• Your stock below most peers despite strong fundamentals — potential undervaluation signal. The business is better than the price reflects.
• All peers moving together — sector-level event (macro, regulation, commodity input price). Your stock's underperformance may be temporary rather than company-specific.
• Your stock diverging positively from all peers — company-specific catalyst. Investigate what drove it: earnings beat, management change, new product cycle.

6. A Three-Step Peer Analysis Workflow

The three sub-tabs are most powerful when used in sequence rather than in isolation:

1. Step 1 Charts — radar first. Get the holistic multi-metric view. Identify where your stock is clearly stronger than the Peer Median and where it lags. This shapes your hypothesis before any number-reading.
2. Step 2 Charts — single-metric drill. For each area where you want precision (e.g., "where exactly does this company rank on ROCE?"), switch the dropdown and see the ordered list. This confirms or disproves your radar interpretation with specific rankings.
3. Step 3 All Ratios — deep validation. Scan colour columns to confirm that your stock's quality signals are consistent across 31 ratios, not just the six on the radar. A company that looks good on the radar but has poor leverage scores is a hidden risk.

End with Returns as a sanity check — does the market's price performance broadly track the fundamental quality story you have just built? Large divergences are where the most interesting investment opportunities (or traps) hide.