Clearway Energy Stock Piotroski F Score

CWEN-A Stock  USD 27.81  0.05  0.18%   
This module uses fundamental data of Clearway Energy to approximate its Piotroski F score. Clearway Energy F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Clearway Energy. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Clearway Energy financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Clearway Energy Altman Z Score, Clearway Energy Correlation, Clearway Energy Valuation, as well as analyze Clearway Energy Alpha and Beta and Clearway Energy Hype Analysis.
  
At present, Clearway Energy's Short and Long Term Debt is projected to increase significantly based on the last few years of reporting. The current year's Net Debt To EBITDA is expected to grow to 8.14, whereas Short and Long Term Debt Total is forecasted to decline to about 5.8 B. At present, Clearway Energy's Price To Sales Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Dividend Yield is expected to grow to 0.14, whereas PTB Ratio is forecasted to decline to 1.13.
At this time, it appears that Clearway Energy's Piotroski F Score is Strong. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
7.0
Piotroski F Score - Strong
Current Return On Assets

Positive

Focus
Change in Return on Assets

Increased

Focus
Cash Flow Return on Assets

Positive

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Increase

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

No Change

Focus

Clearway Energy Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Clearway Energy is to make sure Clearway is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Clearway Energy's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Clearway Energy's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.130.0894
Way Up
Slightly volatile
Gross Profit Margin0.480.64
Way Down
Slightly volatile
Net Debt5.5 B8.1 B
Way Down
Slightly volatile
Total Current Liabilities765.6 M906 M
Fairly Down
Slightly volatile
Total AssetsB14.7 B
Way Down
Slightly volatile
Total Current Assets1.6 B1.6 B
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities451.9 M702 M
Way Down
Slightly volatile

Clearway Energy F Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Clearway Energy's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Clearway Energy in a much-optimized way.

About Clearway Energy Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Book Value Per Share

44.83

At present, Clearway Energy's Book Value Per Share is projected to increase significantly based on the last few years of reporting.

About Clearway Energy Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Clearway Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Clearway Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Clearway Energy based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Other Information on Investing in Clearway Stock

Clearway Energy financial ratios help investors to determine whether Clearway Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Clearway with respect to the benefits of owning Clearway Energy security.