Dws Municipal Income Stock Piotroski F Score

KTF Stock  USD 10.00  0.02  0.20%   
This module uses fundamental data of DWS Municipal to approximate its Piotroski F score. DWS Municipal F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of DWS Municipal Income. 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 DWS Municipal financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out DWS Municipal Altman Z Score, DWS Municipal Correlation, DWS Municipal Valuation, as well as analyze DWS Municipal Alpha and Beta and DWS Municipal Hype Analysis.
  
The DWS Municipal's current Cash Flow To Debt Ratio is estimated to increase to 3.56, while Short and Long Term Debt is projected to decrease to roughly 284.5 M. At this time, DWS Municipal's PTB Ratio is most likely to slightly decrease in the upcoming years. The DWS Municipal's current Days Sales Outstanding is estimated to increase to 154.41, while Free Cash Flow Per Share is projected to decrease to 1.03.
At this time, it appears that DWS Municipal's Piotroski F Score is Healthy. 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..
6.0
Piotroski F Score - Healthy
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)

Improving

Focus
Asset Turnover Growth

Decrease

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

Increase

Focus

DWS Municipal Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to DWS Municipal is to make sure DWS is not a subject of accounting manipulations and runs a healthy internal audit department. So, if DWS Municipal'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 DWS Municipal's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.870.67
Significantly Up
Slightly volatile
Total Current Liabilities3.8 MM
Notably Down
Slightly volatile
Non Current Liabilities Total13.7 M14.4 M
Notably Down
Slightly volatile
Total Assets609.4 M544.2 M
Moderately Up
Slightly volatile
Total Current Assets9.4 M11 M
Fairly Down
Pretty Stable
Total Cash From Operating Activities72.9 M69.5 M
Sufficiently Up
Slightly volatile

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

About DWS Municipal 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.

Common Stock Shares Outstanding

43.54 Million

At this time, DWS Municipal's Common Stock Shares Outstanding is most likely to increase significantly in the upcoming years.

DWS Municipal Current Valuation Drivers

We derive many important indicators used in calculating different scores of DWS Municipal from analyzing DWS Municipal's financial statements. These drivers represent accounts that assess DWS Municipal's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of DWS Municipal's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap446.8M478.0M351.7M332.6M382.5M510.0M
Enterprise Value499.5M530.7M404.4M348.6M400.9M658.6M

About DWS Municipal Fundamental Analysis

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

Currently Active Assets on Macroaxis

When determining whether DWS Municipal Income is a strong investment it is important to analyze DWS Municipal's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact DWS Municipal's future performance. For an informed investment choice regarding DWS Stock, refer to the following important reports:
Check out DWS Municipal Altman Z Score, DWS Municipal Correlation, DWS Municipal Valuation, as well as analyze DWS Municipal Alpha and Beta and DWS Municipal Hype Analysis.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Asset Management & Custody 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 DWS Municipal. If investors know DWS 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 DWS Municipal 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
(0.15)
Dividend Share
0.388
Earnings Share
0.35
Revenue Per Share
0.697
Quarterly Revenue Growth
(0)
The market value of DWS Municipal Income is measured differently than its book value, which is the value of DWS that is recorded on the company's balance sheet. Investors also form their own opinion of DWS Municipal's value that differs from its market value or its book value, called intrinsic value, which is DWS Municipal'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 DWS Municipal's market value can be influenced by many factors that don't directly affect DWS Municipal'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 DWS Municipal's value and its price as these two are different measures arrived at by different means. Investors typically determine if DWS Municipal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DWS Municipal'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.