Paramount Global Class Stock Piotroski F Score

PARAA Stock  USD 22.94  0.02  0.09%   
This module uses fundamental data of Paramount Global to approximate its Piotroski F score. Paramount Global F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Paramount Global Class. 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 Paramount Global financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Paramount Global Altman Z Score, Paramount Global Correlation, Paramount Global Valuation, as well as analyze Paramount Global Alpha and Beta and Paramount Global Hype Analysis.
  
At present, Paramount Global's Net Debt To EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Debt To Assets is expected to grow to 0.33, whereas Short and Long Term Debt Total is forecasted to decline to about 10.1 B. At present, Paramount Global's Dividend Yield is projected to increase slightly based on the last few years of reporting. The current year's Stock Based Compensation To Revenue is expected to grow to 0.01, whereas Price To Sales Ratio is forecasted to decline to 0.30.
At this time, it appears that Paramount Global'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

Negative

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

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

Paramount Global Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Paramount Global is to make sure Paramount is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Paramount Global'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 Paramount Global's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.360.5538
Way Down
Slightly volatile
Gross Profit Margin0.440.245
Way Up
Slightly volatile
Net DebtB13.4 B
Way Down
Slightly volatile
Total Current Liabilities5.6 B9.7 B
Way Down
Slightly volatile
Non Current Liabilities Total15.7 B20.8 B
Way Down
Slightly volatile
Total Assets41.1 B53.5 B
Way Down
Slightly volatile
Total Current AssetsB12.7 B
Way Down
Slightly volatile
Total Cash From Operating Activities451.2 M475 M
Notably Down
Slightly volatile

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

About Paramount Global 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

35.11

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

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

About Paramount Global Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Paramount Global Class's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Paramount Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Paramount Global Class 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 Paramount Global Class offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Paramount Global'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 Paramount Global Class Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Paramount Global Class Stock:
Check out Paramount Global Altman Z Score, Paramount Global Correlation, Paramount Global Valuation, as well as analyze Paramount Global Alpha and Beta and Paramount Global Hype Analysis.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Movies & Entertainment 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 Paramount Global. If investors know Paramount 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 Paramount Global 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
79.876
Dividend Share
0.2
Earnings Share
(9.06)
Revenue Per Share
43.672
Quarterly Revenue Growth
(0.06)
The market value of Paramount Global Class is measured differently than its book value, which is the value of Paramount that is recorded on the company's balance sheet. Investors also form their own opinion of Paramount Global's value that differs from its market value or its book value, called intrinsic value, which is Paramount Global'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 Paramount Global's market value can be influenced by many factors that don't directly affect Paramount Global'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 Paramount Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Paramount Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Paramount Global'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.