Equitable Group Stock Piotroski F Score

EQB Stock  CAD 101.67  1.75  1.75%   
This module uses fundamental data of Equitable to approximate its Piotroski F score. Equitable F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Equitable 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 Equitable financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Equitable Group. 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, Equitable's Short and Long Term Debt Total is very stable compared to the past year. As of the 12th of December 2024, Net Debt is likely to grow to about 22.6 B, while Long Term Debt is likely to drop about 9.9 B. At this time, Equitable's Capex To Revenue is very stable compared to the past year. As of the 12th of December 2024, Cash Per Share is likely to grow to 63.66, while Dividend Yield is likely to drop 0.01.
At this time, it appears that Equitable'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..
7.0
Piotroski F Score - Inapplicable
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

Increase

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

No Change

Focus

Equitable Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Equitable is to make sure Equitable is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Equitable'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 Equitable's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.00930.0061
Way Up
Very volatile
Asset Turnover0.01620.0138
Fairly Up
Slightly volatile
Total Current Liabilities16.7 B15.9 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total43.8 B41.7 B
Sufficiently Up
Slightly volatile
Total Assets63.9 B60.9 B
Sufficiently Up
Slightly volatile
Total Current Assets2.7 B2.6 B
Sufficiently Up
Slightly volatile

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

About Equitable 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

69.06

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

About Equitable Fundamental Analysis

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

Other Information on Investing in Equitable Stock

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