Hi all, I have been investing for around 4 years now and my portfolio is \~£15K, with \~£5K being gains. As I am slowly accumulating more income to put into investments I want to make sure I am doing thorough analysis on my convictions.
My question is, how do you determine if a stock is under-valued, fair-valued or over-valued?
What metrics are primarily important?
More than happy to put in the time, but would like some advice on best resources to use to analyse a stock and determine valuations.