Enlink Midstream Llc Stock Piotroski F Score

ENLC Stock  USD 15.85  0.06  0.38%   
This module uses fundamental data of EnLink Midstream to approximate its Piotroski F score. EnLink Midstream F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of EnLink Midstream LLC. 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 EnLink Midstream financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out EnLink Midstream Altman Z Score, EnLink Midstream Correlation, EnLink Midstream Valuation, as well as analyze EnLink Midstream Alpha and Beta and EnLink Midstream Hype Analysis.
  
At present, EnLink Midstream's Interest Debt Per Share is projected to drop slightly based on the last few years of reporting. The current year's Long Term Debt To Capitalization is expected to grow to 0.77, whereas Short and Long Term Debt Total is forecasted to decline to about 2.5 B. At present, EnLink Midstream's PTB Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Days Sales Outstanding is expected to grow to 47.00, whereas Dividend Yield is forecasted to decline to 0.04.
At this time, it appears that EnLink Midstream'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..
8.0
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

Increase

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Increase

Focus
Change in Gross Margin

Increase

Focus

EnLink Midstream Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to EnLink Midstream is to make sure EnLink is not a subject of accounting manipulations and runs a healthy internal audit department. So, if EnLink Midstream'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 EnLink Midstream's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.310.826
Way Up
Pretty Stable
Gross Profit Margin0.210.1986
Notably Up
Slightly volatile
Net Debt2.5 B4.6 B
Way Down
Slightly volatile
Total Current Liabilities640.4 M993.6 M
Way Down
Slightly volatile
Non Current Liabilities Total2.7 B4.7 B
Way Down
Slightly volatile
Total Assets5.5 B8.3 B
Way Down
Slightly volatile
Total Current Assets593.9 M838.3 M
Way Down
Slightly volatile

EnLink Midstream LLC 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 EnLink Midstream's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards EnLink Midstream in a much-optimized way.

About EnLink Midstream 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

5.42

At present, EnLink Midstream's Book Value Per Share is projected to decrease significantly based on the last few years of reporting.

EnLink Midstream ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, EnLink Midstream's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to EnLink Midstream's managers, analysts, and investors.
Environmental
Governance
Social

About EnLink Midstream Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze EnLink Midstream LLC's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of EnLink Midstream using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of EnLink Midstream LLC 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether EnLink Midstream LLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of EnLink Midstream's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Enlink Midstream Llc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Enlink Midstream Llc Stock:
Check out EnLink Midstream Altman Z Score, EnLink Midstream Correlation, EnLink Midstream Valuation, as well as analyze EnLink Midstream Alpha and Beta and EnLink Midstream Hype Analysis.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of EnLink Midstream. If investors know EnLink will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about EnLink Midstream listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.49)
Dividend Share
0.53
Earnings Share
0.22
Revenue Per Share
14.633
Quarterly Revenue Growth
(0.09)
The market value of EnLink Midstream LLC is measured differently than its book value, which is the value of EnLink that is recorded on the company's balance sheet. Investors also form their own opinion of EnLink Midstream's value that differs from its market value or its book value, called intrinsic value, which is EnLink Midstream's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because EnLink Midstream's market value can be influenced by many factors that don't directly affect EnLink Midstream's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between EnLink Midstream's value and its price as these two are different measures arrived at by different means. Investors typically determine if EnLink Midstream is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EnLink Midstream's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.