The new Investment Screener in Morningstar Investor gives you a more flexible way to find and review investments. You can define an investment universe, apply detailed filters and classifications, and customise the data columns shown in the results table. This helps you narrow a broad list to investments that meet the criteria you select.

The screener supports stocks, funds, exchange-traded funds (ETFs), listed investment companies (LICs) and superannuation investments. For stocks, you can refine results using criteria such as exchange, sector, industry, Morningstar Ratings, income, financial strength, profitability, valuation, growth and performance.

Compared with the classic screener, the new experience provides expanded filtering options, more detailed security classifications and a broader selection of data columns. You can use these options to create a focused results list and display the information most relevant to your research.

In Morningstar Investor, open Discover Investments from the left navigation menu, then select Screeners.

You can also open the New Investment Screener directly by selecting This Link

The Discover & Explore Investment Ideas page opens with the Investment Screeners tab selected.

On the Investment Screeners tab, select the large Screen button in the middle of your screen.

The Investment Screener opens with an investment results table and the Investment Type panel displayed on the right.

From the Screener Panel, you can filter stocks by:

By default, All Stocks is selected in the investment-type menu.

The right panel contains the Investment Type menu and the available Filters. Use Investment Type to define the investment universe, then expand the filter groups to add criteria.

Select Apply after changing the filter criteria to update the results table. Select Reset filters to clear the applied filter criteria.

Select Hide at the top of the right panel to collapse it and provide more space for the results table. [Confirm the exact control used to reopen the panel.]

When closed, you can reopen the filters panel by selecting Filters

Select Switch to Classic Screener in the top-right corner of the page to return to the previous screener experience.

Open the Investment Type menu and select the investment universe you want to screen. The options are grouped under Stocks, Funds, ETFs, LICs and Superannuation. Select the All option to search the full available category, or choose a regional option to focus your screen on a particular market.

Expand Overview in the Filters panel to refine the selected investment universe using general security characteristics.

Overview filter reference

Open Exchange and select the exchange or exchanges you want to include.

You can choose from:

Next, open Sector and select a sector from the available options:

More than one sector can be selected.

Next , move to the Industry values, the available values under Industry change according to the selected sector, allowing you to refine the results further.

Use Investment Style to narrow the results by company size and investment style. Select a cell where the Large, Mid or Small row intersects with the Value, Core or Growth column.

Open Base Currency and select the currency you want to include in the screen. The available currencies are listed using their three-letter currency codes.

Available Currencies:

Under Market Cap (M), select Any to leave market capitalisation unrestricted. To apply a market-cap criterion, select Range, Greater or Equal to or Lesser or Equal to, then enter the required value or values.

Review the selected criteria, then select Apply to update the results table. Selected values appear within their relevant filter fields. Select the X beside an individual value to remove it, or select Reset filters to clear the selected filter criteria.

Expand Morningstar Ratings in the Filters panel to refine stock results using available Morningstar ratings and analyst-assigned measures.

Morningstar Ratings filter reference

Under Morningstar Rating for Stocks, select one or more star-rating levels from ★★★★★ to ★. The selected levels are added to the criteria for your screen.

Select one or more values under Economic Moat, Capital Allocation or Fair Value Uncertainty to include those criteria in the screen. The available options are summarised below.

Under Price to Fair Value, select Any to leave this criterion unrestricted.

Select Range to enter lower and upper values.

Use the comparison menu to choose an option such as Greater or Equal to or Lesser or Equal and enter the required value.

After selecting the required criteria, select Apply to update the results table. Select the X beside an individual value to remove it, or select Reset filters to clear the selected filter criteria.

Expand Income in the Filters panel to refine stock results using available income-related measures.

Under Dividend Yield, select Any to leave the measure unrestricted. Select Range to enter lower and upper values, or use the comparison menu to choose Greater or Equal to and enter the required value.

Under Payout Ratio, select Any, Range or Greater or Equal to, then enter the value or values required for your screen.

Under Franking, select Any, Range or Greater or Equal to, then enter the required value or values.

After entering the required criteria, select Apply to update the results table. Select Reset filters to clear the selected filter criteria.

Note: Review the value and unit displayed for each income measure before applying the filter. Do not assume that different income measures use the same calculation basis.

Expand Financial Strength in the Filters panel to refine stock results using the available balance-sheet and debt-related measures.

Under Quick Ratio, select Any to leave the measure unrestricted. Select Range to enter minimum and maximum values, or use the comparison menu to choose Greater or Equal to and enter the required value.

Under Debt/Equity, select Any, Range or Greater or Equal to, then enter the value or values required for your screen.

Under Interest Coverage, select Any, Range or Greater or Equal to, then enter the required value or values.

After entering the required criteria, select Apply to update the results table. Select Reset filters to clear the selected filter criteria.

Using the Profitability filters

Expand Profitability in the Filters panel to refine stock results using the available profitability measures.

Under Return on Equity, select Any to leave the measure unrestricted. Select Range to enter minimum and maximum values, or select Greater or Equal to or Lesser or Equal to and enter the required value.

Under Return on Assets, select Any, Range, Greater or Equal to or Lesser or Equal to, then enter the value or values required for your screen.

Under Net Margin, select Any, Range, Greater or Equal to or Lesser or Equal to, then enter the required value or values.

After entering the required criteria, select Apply to update the results table. Select Reset filters to clear the selected filter criteria.

Expand Valuation in the Filters panel to refine stock results using available valuation ratios. These filters allow you to set criteria for the relationship between a company’s share price and selected financial measures.

Under Price/Sales, select Any to leave the ratio unrestricted. Select Range to enter minimum and maximum values, or select Greater or Equal to or Lesser or Equal to and enter the required value.

Under Price/Book Value, select Any, Range, Greater or Equal to or Lesser or Equal to, then enter the value or values required for your screen.

Under Price/Earnings, select Any, Range, Greater or Equal to or Lesser or Equal to, then enter the required value or values.

Under Price/Cash Flow, select Any, Range, Greater or Equal to or Lesser or Equal to, then enter the required value or values.

After entering the required criteria, select Apply to update the results table. Select Reset filters to clear the selected filter criteria.

Expand Growth & Performance in the Filters panel to refine stock results using three-year growth measures and total return criteria.

Under Revenue Growth 3 Years, select Any to leave the measure unrestricted. Select Range to enter minimum and maximum values, or select Greater or Equal to or Lesser or Equal to and enter the required value.

Under EPS Growth 3 Years, select Any, Range, Greater or Equal to or Lesser or Equal to, then enter the value or values required for your screen.

Under Total Return Time Frame, select the period you want to assess. Available options are Any, YTD, 1 Month Return, 3 Month Return, 6 Month Return, 1 Year, 3 Year, 5 Year and 10 Year.

The Total Return controls remain unavailable while Any is selected under Total Return Time Frame. Select a specific period to make the Total Return controls available.

Under Total Return, select Range to enter minimum and maximum values, or select Greater or Equal to or Lesser or Equal to and enter the required value. The criterion applies to the period selected under Total Return Time Frame.

After entering the required criteria, select Apply to update the results table. Select Reset filters to clear the selected filter criteria.

Your selected Investment Type and applied filters define the investments included in the results table.

To find a specific investment within the filtered results, enter all or part of its name or ticker in Search by Name or Ticker

The results table narrows to matching investments within the selected Investment Type. Select the X in the search field to clear the entry and return to the broader results list.

The Investment Screener window contains a results table on the left and an investment selection and filtering panel on the right. The results table shows the investments included in your selected Investment Type that meet any filters you have applied.

The selection count above the table shows how many investments you have selected. Use the checkbox beside an investment to select it. The count updates as you select or clear investments. Click on a selection again to deselect it.

Select the checkbox at the top of the first column to select all investments on the current results page. Use the adjacent three-dot menu to manage selections for the current page or across all pages of the results.

When investments are selected, choose Deselect all on current page to clear the selections displayed on the current page. Investments selected on other result pages remain selected.

Choose Deselect all across all pages to clear every selected investment from the current results set. The selected count returns to zero when all selections are cleared.

Use Search by Name or Ticker to find a specific investment within the current results. This search is applied within your selected Investment Type and any filters already applied.

The Search Filter field in the right panel performs a different function. Use it to locate a filter by name within the available filter groups.

Select Column Set above the results table to open the Morningstar Standard Columns menu. Choose the column set that corresponds to the type of information you want to review. The selected set is highlighted, and the results table updates to display the relevant group of columns.

The following standard column sets are available:

Select a column header to sort the results using that data point. The table reorders the investments according to the selected column, helping you bring similar values together for review.

Use the horizontal scroll bar at the bottom of the results table to view columns that extend beyond the visible area.

Use the page controls below the table to move through the available results. Enter a page number in Page, or select Prev or Next to move between pages. The text beside the controls shows the current range of investments displayed and the total number of matching results.