Nationwide Utilities Stock Piotroski F Score

NWUC Stock  USD 0.0003  0.00  0.00%   
This module uses fundamental data of Nationwide Utilities to approximate its Piotroski F score. Nationwide Utilities F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Nationwide Utilities. 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 Nationwide Utilities financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Nationwide Utilities Altman Z Score, Nationwide Utilities Correlation, Nationwide Utilities Valuation, as well as analyze Nationwide Utilities Alpha and Beta and Nationwide Utilities Hype Analysis.
For information on how to trade Nationwide Stock refer to our How to Trade Nationwide Stock guide.
  
At present, Nationwide Utilities' Debt To Assets are projected to increase slightly based on the last few years of reporting. The current year's Debt Ratio is expected to grow to 6.19, whereas Net Debt To EBITDA is forecasted to decline to (0.06). At present, Nationwide Utilities' EV To Sales is projected to decrease significantly based on the last few years of reporting. The current year's Income Quality is expected to grow to 0.23, whereas PTB Ratio is projected to grow to (1.15).
At this time, it appears that Nationwide Utilities' Piotroski F Score is Poor. 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..
4.0
Piotroski F Score - Poor
Current Return On Assets

Negative

Focus
Change in Return on Assets

Increased

Focus
Cash Flow Return on Assets

Negative

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Increase

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

N/A

Focus
Change In Outstending Shares

N/A

Focus
Change in Gross Margin

No Change

Focus

Nationwide Utilities Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Nationwide Utilities is to make sure Nationwide is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Nationwide Utilities' 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 Nationwide Utilities' financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.04850.0462
Sufficiently Up
Slightly volatile
Gross Profit Margin0.390.69
Way Down
Very volatile
Total Current Liabilities1.9 M2.1 M
Moderately Down
Slightly volatile
Total Assets40.4 K42.6 K
Notably Down
Slightly volatile
Total Current Assets25.5 K26.9 K
Notably Down
Slightly volatile

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

About Nationwide Utilities 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

(0.0778)

At present, Nationwide Utilities' Book Value Per Share is projected to increase slightly based on the last few years of reporting.

About Nationwide Utilities Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Nationwide Utilities's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nationwide Utilities using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nationwide Utilities 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 Nationwide Utilities offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nationwide Utilities' 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 Nationwide Utilities Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nationwide Utilities Stock:
Check out Nationwide Utilities Altman Z Score, Nationwide Utilities Correlation, Nationwide Utilities Valuation, as well as analyze Nationwide Utilities Alpha and Beta and Nationwide Utilities Hype Analysis.
For information on how to trade Nationwide Stock refer to our How to Trade Nationwide Stock guide.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Oil & Gas Exploration & Production 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 Nationwide Utilities. If investors know Nationwide 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 Nationwide Utilities listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Assets
(22.27)
The market value of Nationwide Utilities is measured differently than its book value, which is the value of Nationwide that is recorded on the company's balance sheet. Investors also form their own opinion of Nationwide Utilities' value that differs from its market value or its book value, called intrinsic value, which is Nationwide Utilities' 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 Nationwide Utilities' market value can be influenced by many factors that don't directly affect Nationwide Utilities' 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 Nationwide Utilities' value and its price as these two are different measures arrived at by different means. Investors typically determine if Nationwide Utilities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nationwide Utilities' 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.