Everest Group Stock Piotroski F Score

EG Stock   353.22  5.81  1.67%   
This module uses fundamental data of Everest to approximate its Piotroski F score. Everest F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Everest Group. 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 Everest financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Everest Altman Z Score, Everest Correlation, Everest Valuation, as well as analyze Everest Alpha and Beta and Everest Hype Analysis.
  
At this time, Everest's Long Term Debt Total is most likely to increase significantly in the upcoming years. The Everest's current Short and Long Term Debt is estimated to increase to about 2.8 B, while Long Term Debt is projected to decrease to roughly 782.9 M. At this time, Everest's Book Value Per Share is most likely to increase significantly in the upcoming years. The Everest's current Operating Cash Flow Per Share is estimated to increase to 120.66, while Days Sales Outstanding is projected to decrease to 110.32.
At this time, it appears that Everest's Piotroski F Score is Strong. 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..
7.0
Piotroski F Score - Strong
Current Return On Assets

Positive

Focus
Change in Return on Assets

Increased

Focus
Cash Flow Return on Assets

Positive

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Decrease

Focus
Current Ratio Change

Increase

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

No Change

Focus

Everest Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Everest is to make sure Everest is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Everest'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 Everest's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.220.3067
Way Down
Slightly volatile
Gross Profit Margin0.720.9
Significantly Down
Pretty Stable
Total Current Liabilities1.2 B1.2 B
Notably Down
Pretty Stable
Non Current Liabilities Total43.3 B41.2 B
Sufficiently Up
Slightly volatile
Total Assets59.2 B56.3 B
Sufficiently Up
Slightly volatile
Total Current Assets12.2 B11.6 B
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities5.2 BB
Sufficiently Up
Slightly volatile

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

About Everest 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.

Pretax Profit Margin

0.0864

At this time, Everest's Pretax Profit Margin is most likely to slightly decrease in the upcoming years.

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

About Everest Fundamental Analysis

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

Check out Everest Altman Z Score, Everest Correlation, Everest Valuation, as well as analyze Everest Alpha and Beta and Everest Hype Analysis.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Reinsurance 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 Everest. If investors know Everest 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 Everest 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
(0.24)
Dividend Share
7.75
Earnings Share
31.79
Revenue Per Share
397.192
Quarterly Revenue Growth
0.194
The market value of Everest Group is measured differently than its book value, which is the value of Everest that is recorded on the company's balance sheet. Investors also form their own opinion of Everest's value that differs from its market value or its book value, called intrinsic value, which is Everest'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 Everest's market value can be influenced by many factors that don't directly affect Everest'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 Everest's value and its price as these two are different measures arrived at by different means. Investors typically determine if Everest is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Everest'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.