Albemarle Stock Piotroski F Score

ALB-PA Stock   48.34  0.09  0.19%   
This module uses fundamental data of Albemarle to approximate its Piotroski F score. Albemarle F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Albemarle. 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 Albemarle financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Albemarle Altman Z Score, Albemarle Correlation, Albemarle Valuation, as well as analyze Albemarle Alpha and Beta and Albemarle Hype Analysis.
  
As of December 2, 2024, Net Debt is expected to decline to about 2.7 B. In addition to that, Long Term Debt is expected to decline to about 3.2 B.
At this time, it appears that Albemarle'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

N/A

Focus
Change in Return on Assets

N/A

Focus
Cash Flow Return on Assets

Positive

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

N/A

Focus
Current Ratio Change

N/A

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Increase

Focus
Change in Gross Margin

N/A

Focus

Albemarle Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Albemarle is to make sure Albemarle is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Albemarle'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 Albemarle's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Net Debt2.7 B3.3 B
Significantly Down
Slightly volatile
Total Current Liabilities2.7 B3.6 B
Significantly Down
Slightly volatile
Non Current Liabilities Total4.7 BB
Significantly Down
Slightly volatile
Total Assets15.2 B18.3 B
Significantly Down
Slightly volatile
Total Current AssetsB5.2 B
Significantly Down
Slightly volatile
Total Cash From Operating Activities1.2 B1.3 B
Moderately Down
Slightly volatile

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

About Albemarle 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.

Net Debt

2.69 Billion

At present, Albemarle's Net Debt is projected to decrease significantly based on the last few years of reporting.

About Albemarle Fundamental Analysis

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

Albemarle financial ratios help investors to determine whether Albemarle 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 Albemarle with respect to the benefits of owning Albemarle security.