| ET-PI Stock | | | 11.96 0.07 0.59% |
This module uses fundamental data of Energy Transfer to approximate its Piotroski F score. Energy Transfer F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Energy Transfer LP. 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 Energy Transfer financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out
Energy Transfer Altman Z Score,
Energy Transfer Correlation,
Energy Transfer Valuation, as well as analyze
Energy Transfer Alpha and Beta and
Energy Transfer Hype Analysis.
As of now, Energy Transfer's
Short Term Debt is increasing as compared to previous years. The Energy Transfer's current
Debt To Assets is estimated to increase to 0.57, while
Long Term Debt is projected to decrease to under 40.2
B. As of now, Energy Transfer's
EV To Sales is decreasing as compared to previous years. The Energy Transfer's current
Free Cash Flow Per Share is estimated to increase to 2.13, while
Dividend Yield is projected to decrease to 0.07.
At this time, it appears that Energy Transfer'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..
8.0
Piotroski F Score - Strong
| Change in Return on Assets | |
| Cash Flow Return on Assets | |
| Current Quality of Earnings (accrual) | |
| Long Term Debt Over Assets Change | Lower Leverage| Focus | |
| Change In Outstending Shares | |
Energy Transfer Piotroski F Score Drivers
The critical factor to consider when applying the Piotroski F Score to Energy Transfer is to make sure Energy is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Energy Transfer'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 Energy Transfer's financial numbers are properly reported.
Energy Transfer LP 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 Energy Transfer's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Energy Transfer in a much-optimized way.
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About Energy Transfer 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 Energy Transfer Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Energy Transfer LP's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Energy Transfer using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at
the intrinsic value of Energy Transfer LP 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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When determining whether Energy Transfer LP is a good investment, qualitative aspects like company
management, corporate governance, and ethical practices play a significant role. A
comparison with peer companies also provides context and helps to understand if Energy Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Energy Transfer Lp Stock.
Highlighted below are key reports to facilitate an investment decision about Energy Transfer Lp Stock: Please note, there is a significant difference between Energy Transfer's value and its price as these two are different measures arrived at by different means. Investors typically determine if Energy Transfer is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Energy Transfer'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.