Stock Analysis Workbook: Research, Evaluate, and Document Equity Investment Decisions

Knowing that earnings and valuation matter is not the same as being able to pull up a 10-K and work through the numbers yourself. This course takes the analytical work of stock research and breaks it down into reproducible steps — each taught through a worked example and reinforced with a worksheet exercise you complete using real or hypothetical company data. By the end of this course you will be able to read and interpret the three core financial statements, apply basic valuation multiples to assess whether a stock appears fairly priced, use a systematic research checklist to evaluate a company before making a decision, and document your investment rationale in a structured way. What you will learn: - How to read an income statement: revenue, gross margin, operating income, and net income - How to read a balance sheet: assets, liabilities, equity, and what they reveal about financial health - How to read a cash flow statement: operating, investing, and financing cash flows — and why cash flow differs from net income - A valuation worksheet using P/E, price-to-book, and enterprise value-to-EBITDA multiples with sector context - A competitive position checklist: how to think about a company's moat, pricing power, and market position - How to read a 10-K executive summary and identify the key risk factors section - A stock research template that organizes your notes on business model, financials, valuation, and risks - How to document an investment thesis and the conditions under which you would revise or exit it Every module is structured as a reading followed by a guided worksheet exercise using illustrative company data. By the final module you will have completed a full stock research template that you can apply to any company going forward. Suitable for individual investors who want to understand the companies they own beyond ticker symbols. No prior accounting or finance certification is required. This course is educational and does not constitute investment advice; always conduct your own due diligence and consult a qualified professional before making investment decisions.