If Bancorp Stock Piotroski F Score

IROQ Stock  USD 23.30  1.26  5.72%   
This module uses fundamental data of IF Bancorp to approximate its Piotroski F score. IF Bancorp F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of IF Bancorp. 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 IF Bancorp financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out IF Bancorp Altman Z Score, IF Bancorp Correlation, IF Bancorp Valuation, as well as analyze IF Bancorp Alpha and Beta and IF Bancorp Hype Analysis.
To learn how to invest in IROQ Stock, please use our How to Invest in IF Bancorp guide.
  
At this time, IF Bancorp's Net Debt is relatively stable compared to the past year. As of 12/24/2024, Short Term Debt is likely to grow to about 56.7 M, while Debt To Equity is likely to drop 0.68. At this time, IF Bancorp's EV To Sales is relatively stable compared to the past year. As of 12/24/2024, Free Cash Flow Per Share is likely to grow to 0.95, while Capex To Depreciation is likely to drop 0.35.
At this time, it appears that IF Bancorp's Piotroski F Score is Healthy. 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..
6.0
Piotroski F Score - Healthy
Current Return On Assets

Positive

Focus
Change in Return on Assets

Decreased

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

IF Bancorp Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to IF Bancorp is to make sure IROQ is not a subject of accounting manipulations and runs a healthy internal audit department. So, if IF Bancorp'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 IF Bancorp's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.00190.002
Notably Down
Slightly volatile
Asset Turnover0.03650.0249
Way Up
Slightly volatile
Gross Profit Margin0.790.9
Fairly Down
Slightly volatile
Non Current Liabilities Total848.8 M808.4 M
Sufficiently Up
Slightly volatile
Total Assets695.6 M887.7 M
Significantly Down
Slightly volatile
Total Current Assets5.9 M6.2 M
Notably Down
Slightly volatile
Total Cash From Operating Activities2.2 M2.3 M
Notably Down
Pretty Stable

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

About IF Bancorp 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

15.96

At this time, IF Bancorp's Book Value Per Share is relatively stable compared to the past year.

IF Bancorp Current Valuation Drivers

We derive many important indicators used in calculating different scores of IF Bancorp from analyzing IF Bancorp's financial statements. These drivers represent accounts that assess IF Bancorp's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of IF Bancorp's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap70.2M53.5M69.3M45.0M52.3M71.1M
Enterprise Value34.6M57.6M34.5M53.5M101.0M107.4M

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

About IF Bancorp Fundamental Analysis

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

Pair Trading with IF Bancorp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if IF Bancorp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in IF Bancorp will appreciate offsetting losses from the drop in the long position's value.

Moving together with IROQ Stock

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Moving against IROQ Stock

  0.86TFC-PR Truist FinancialPairCorr
  0.85TFC-PO Truist FinancialPairCorr
  0.84CFG-PE Citizens FinancialPairCorr
  0.64WF Woori Financial GroupPairCorr
  0.54NU Nu HoldingsPairCorr
The ability to find closely correlated positions to IF Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IF Bancorp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back IF Bancorp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling IF Bancorp to buy it.
The correlation of IF Bancorp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as IF Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if IF Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for IF Bancorp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for IROQ Stock Analysis

When running IF Bancorp's price analysis, check to measure IF Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy IF Bancorp is operating at the current time. Most of IF Bancorp's value examination focuses on studying past and present price action to predict the probability of IF Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IF Bancorp's price. Additionally, you may evaluate how the addition of IF Bancorp to your portfolios can decrease your overall portfolio volatility.