Acadian Timber Corp Stock Piotroski F Score

ADN Stock  CAD 17.88  0.18  1.02%   
This module uses fundamental data of Acadian Timber to approximate its Piotroski F score. Acadian Timber F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Acadian Timber Corp. 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 Acadian Timber financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Acadian Timber Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
  
At this time, Acadian Timber's Debt Equity Ratio is very stable compared to the past year. As of the 22nd of December 2024, Debt Ratio is likely to grow to 0.31, while Short and Long Term Debt Total is likely to drop about 103.6 M. At this time, Acadian Timber's Free Cash Flow Per Share is very stable compared to the past year. As of the 22nd of December 2024, ROIC is likely to grow to 0.05, while Price To Sales Ratio is likely to drop 2.21.
At this time, it appears that Acadian Timber's Piotroski F Score is Inapplicable. 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 - Inapplicable
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

Increase

Focus
Current Ratio Change

Increase

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Increase

Focus
Change in Gross Margin

Increase

Focus

Acadian Timber Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Acadian Timber is to make sure Acadian is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Acadian Timber'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 Acadian Timber's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.03420.0518
Way Down
Very volatile
Asset Turnover0.250.1646
Way Up
Slightly volatile
Gross Profit Margin0.370.3165
Fairly Up
Pretty Stable
Net Debt86.4 M103.7 M
Fairly Down
Slightly volatile
Total Current Liabilities22.2 M14.4 M
Way Up
Pretty Stable
Non Current Liabilities Total160.4 M234.6 M
Way Down
Slightly volatile
Total Assets421.5 M568 M
Way Down
Slightly volatile
Total Current Assets22.9 M28.1 M
Significantly Down
Slightly volatile

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

About Acadian Timber 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

10.67

At this time, Acadian Timber's Book Value Per Share is very stable compared to the past year.

Acadian Timber Current Valuation Drivers

We derive many important indicators used in calculating different scores of Acadian Timber from analyzing Acadian Timber's financial statements. These drivers represent accounts that assess Acadian Timber's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Acadian Timber's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap277.7M268.7M320.1M251.4M293.7M202.8M
Enterprise Value370.9M359.6M413.6M353.1M397.4M267.1M

About Acadian Timber Fundamental Analysis

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

Pair Trading with Acadian Timber

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Acadian Timber position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Acadian Timber will appreciate offsetting losses from the drop in the long position's value.

Moving together with Acadian Stock

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Moving against Acadian Stock

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The ability to find closely correlated positions to Acadian Timber could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Acadian Timber when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Acadian Timber - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Acadian Timber Corp to buy it.
The correlation of Acadian Timber is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Acadian Timber moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Acadian Timber Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Acadian Timber can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Acadian Stock

Acadian Timber financial ratios help investors to determine whether Acadian Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Acadian with respect to the benefits of owning Acadian Timber security.