| APLAN0000 | | | 624.00 4.00 0.65% |
This module uses fundamental data of ACL Plastics to approximate its Piotroski F score. ACL Plastics F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of ACL Plastics PLC. 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 ACL Plastics 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 ACL Plastics PLC. 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, it appears that ACL Plastics' 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..
0.0
Piotroski F Score - Inapplicable
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ACL Plastics Piotroski F Score Drivers
The critical factor to consider when applying the Piotroski F Score to ACL Plastics is to make sure ACL is not a subject of accounting manipulations and runs a healthy internal audit department. So, if ACL Plastics' 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 ACL Plastics' financial numbers are properly reported.
About ACL Plastics 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.
About ACL Plastics Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ACL Plastics PLC's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ACL Plastics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at
the intrinsic value of ACL Plastics PLC 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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Try AI Portfolio ArchitectOther Information on Investing in ACL Stock
ACL Plastics financial ratios help investors to determine whether ACL 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 ACL with respect to the benefits of owning ACL Plastics security.