First Of Long Stock Piotroski F Score

FLIC Stock  USD 14.47  0.17  1.16%   
This module uses fundamental data of First Of to approximate its Piotroski F score. First Of F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of First of Long. 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 First Of financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out First Of Altman Z Score, First Of Correlation, First Of Valuation, as well as analyze First Of Alpha and Beta and First Of Hype Analysis.
  
At present, First Of's Short 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 15.10, whereas Short and Long Term Debt Total is forecasted to decline to about 386.1 M. At present, First Of's PTB Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Book Value Per Share is expected to grow to 17.70, whereas Price To Sales Ratio is forecasted to decline to 3.08.
At this time, it appears that First Of's Piotroski F Score is Frail. 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..
3.0
Piotroski F Score - Frail
Current Return On Assets

Positive

Focus
Change in Return on Assets

Decreased

Focus
Cash Flow Return on Assets

Positive

Focus
Current Quality of Earnings (accrual)

Decreasing

Focus
Asset Turnover Growth

Decrease

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Increase

Focus
Change in Gross Margin

No Change

Focus

First Of Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to First Of is to make sure First is not a subject of accounting manipulations and runs a healthy internal audit department. So, if First Of'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 First Of's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.00590.0062
Notably Down
Slightly volatile
Asset Turnover0.0210.0221
Notably Down
Slightly volatile
Gross Profit Margin0.790.89
Fairly Down
Slightly volatile
Non Current Liabilities TotalB3.9 B
Sufficiently Up
Slightly volatile
Total Assets4.4 B4.2 B
Sufficiently Up
Slightly volatile
Total Current Assets57.8 M60.9 M
Notably Down
Slightly volatile
Total Cash From Operating Activities24.8 M32.2 M
Significantly Down
Slightly volatile

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

About First Of 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

17.7

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

First Of Current Valuation Drivers

We derive many important indicators used in calculating different scores of First Of from analyzing First Of's financial statements. These drivers represent accounts that assess First Of's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of First Of's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap618.6M425.9M510.7M298.6M268.7M185.4M
Enterprise Value1.1B533.8M789.6M805.1M724.6M760.8M

First Of 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, First Of's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to First Of's managers, analysts, and investors.
Environmental
Governance
Social

About First Of Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze First of Long's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of First Of using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of First of Long 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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When determining whether First of Long offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Of'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 First Of Long Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Of Long Stock:
Check out First Of Altman Z Score, First Of Correlation, First Of Valuation, as well as analyze First Of Alpha and Beta and First Of Hype Analysis.
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Is Regional Banks 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 First Of. If investors know First 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 First Of 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
(0.33)
Dividend Share
0.84
Earnings Share
0.87
Revenue Per Share
3.761
Quarterly Revenue Growth
(0.09)
The market value of First of Long is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Of's value that differs from its market value or its book value, called intrinsic value, which is First Of'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 First Of's market value can be influenced by many factors that don't directly affect First Of'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 First Of's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Of is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Of'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.