This module uses fundamental data of Commonwealth Bank to approximate its Piotroski F score. Commonwealth Bank F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Commonwealth Bank of. 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 Commonwealth Bank 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 Commonwealth Bank of. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
Commonwealth
Piotroski F Score
Sale Purchase Of Stock
Investments
Change In Cash
Free Cash Flow
Begin Period Cash Flow
Dividends Paid
Capital Expenditures
Total Cash From Operating Activities
Net Income
End Period Cash Flow
Change In Working Capital
Depreciation
Other Non Cash Items
Total Assets
Total Stockholder Equity
Property Plant And Equipment Net
Net Debt
Retained Earnings
Accounts Payable
Cash
Good Will
Common Stock Shares Outstanding
Total Liab
Net Invested Capital
Long Term Investments
Property Plant And Equipment Gross
Capital Stock
Intangible Assets
Tax Provision
Net Interest Income
Interest Income
Interest Expense
Selling General Administrative
Total Revenue
Net Income From Continuing Ops
Reconciled Depreciation
Income Before Tax
Probability Of Bankruptcy
The current year's Net Debt is expected to grow to about 53.8 B, whereas Long Term Debt is forecasted to decline to about 20.5 B.
At this time, it appears that Commonwealth Bank'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..
The critical factor to consider when applying the Piotroski F Score to Commonwealth Bank is to make sure Commonwealth is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Commonwealth Bank'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 Commonwealth Bank's financial numbers are properly reported.
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 Commonwealth Bank's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Commonwealth Bank in a much-optimized way.
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
53.77 Billion
At present, Commonwealth Bank's Net Debt is projected to decrease significantly based on the last few years of reporting.
About Commonwealth Bank Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Commonwealth Bank of's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Commonwealth Bank using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Commonwealth Bank of 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.
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Other Information on Investing in Commonwealth Stock
Commonwealth Bank financial ratios help investors to determine whether Commonwealth 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 Commonwealth with respect to the benefits of owning Commonwealth Bank security.