Sumitomo Mitsui Financial Stock Piotroski F Score

SMFG Stock  USD 14.92  0.08  0.53%   
This module uses fundamental data of Sumitomo Mitsui to approximate its Piotroski F score. Sumitomo Mitsui F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Sumitomo Mitsui Financial. 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 Sumitomo Mitsui financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Sumitomo Mitsui Altman Z Score, Sumitomo Mitsui Correlation, Sumitomo Mitsui Valuation, as well as analyze Sumitomo Mitsui Alpha and Beta and Sumitomo Mitsui Hype Analysis.
  
At this time, Sumitomo Mitsui's Long Term Debt To Capitalization is most likely to increase slightly in the upcoming years. At this time, Sumitomo Mitsui's PB Ratio is most likely to slightly decrease in the upcoming years. The Sumitomo Mitsui's current Net Income Per Share is estimated to increase to 760.78, while Dividend Yield is projected to decrease to 0.08.
At this time, it appears that Sumitomo Mitsui'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

Higher Leverage

Focus
Change In Outstending Shares

Increase

Focus
Change in Gross Margin

Increase

Focus

Sumitomo Mitsui Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Sumitomo Mitsui is to make sure Sumitomo is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Sumitomo Mitsui'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 Sumitomo Mitsui's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.00250.0033
Way Down
Slightly volatile
Asset Turnover0.01140.012
Notably Down
Slightly volatile
Gross Profit Margin2.32.19
Sufficiently Up
Slightly volatile
Total Current Liabilities199.6 T190.1 T
Sufficiently Up
Slightly volatile
Non Current Liabilities Total94.9 T90.3 T
Sufficiently Up
Slightly volatile
Total Assets172.3 T295.2 T
Way Down
Slightly volatile
Total Current Assets104.8 T131.3 T
Significantly Down
Very volatile

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

About Sumitomo Mitsui 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

5,789.42

At this time, Sumitomo Mitsui's Book Value Per Share is most likely to increase significantly in the upcoming years.

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

About Sumitomo Mitsui Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Sumitomo Mitsui Financial's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sumitomo Mitsui using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sumitomo Mitsui Financial 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 Sumitomo Mitsui Financial is a strong investment it is important to analyze Sumitomo Mitsui'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 Sumitomo Mitsui's future performance. For an informed investment choice regarding Sumitomo Stock, refer to the following important reports:
Check out Sumitomo Mitsui Altman Z Score, Sumitomo Mitsui Correlation, Sumitomo Mitsui Valuation, as well as analyze Sumitomo Mitsui Alpha and Beta and Sumitomo Mitsui Hype Analysis.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Diversified 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 Sumitomo Mitsui. If investors know Sumitomo 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 Sumitomo Mitsui 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
0.525
Earnings Share
1.18
Revenue Per Share
567.4788
Quarterly Revenue Growth
0.183
Return On Assets
0.0035
The market value of Sumitomo Mitsui Financial is measured differently than its book value, which is the value of Sumitomo that is recorded on the company's balance sheet. Investors also form their own opinion of Sumitomo Mitsui's value that differs from its market value or its book value, called intrinsic value, which is Sumitomo Mitsui'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 Sumitomo Mitsui's market value can be influenced by many factors that don't directly affect Sumitomo Mitsui'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 Sumitomo Mitsui's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sumitomo Mitsui is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sumitomo Mitsui'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.