| MAV Stock | | | USD 8.87 0.05 0.57% |
This module uses fundamental data of Pioneer Municipal to approximate its Piotroski F score. Pioneer Municipal F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Pioneer Municipal High. 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 Pioneer Municipal financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out
Pioneer Municipal Altman Z Score,
Pioneer Municipal Correlation,
Pioneer Municipal Valuation, as well as analyze
Pioneer Municipal Alpha and Beta and
Pioneer Municipal Hype Analysis.
At this time, Pioneer Municipal's
Net Debt To EBITDA is fairly stable compared to the past year.
Interest Debt Per Share is likely to climb to 0.33 in 2024, whereas
Net Debt is likely to drop (131.9
K) in 2024. At this time, Pioneer Municipal's
Days Payables Outstanding is fairly stable compared to the past year.
Income Quality is likely to climb to 26.99 in 2024, whereas
PTB Ratio is likely to drop 0.61 in 2024.
At this time, it appears that Pioneer Municipal'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
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| Cash Flow Return on Assets | |
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| Long Term Debt Over Assets Change | |
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Pioneer Municipal Piotroski F Score Drivers
The critical factor to consider when applying the Piotroski F Score to Pioneer Municipal is to make sure Pioneer is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Pioneer Municipal'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 Pioneer Municipal's financial numbers are properly reported.
Pioneer Municipal High 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 Pioneer Municipal's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Pioneer Municipal in a much-optimized way.
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About Pioneer Municipal 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.
Pioneer Municipal Current Valuation Drivers
We derive many important indicators used in calculating different scores of Pioneer Municipal from analyzing Pioneer Municipal's financial statements. These drivers represent accounts that assess Pioneer Municipal's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Pioneer Municipal's important valuation drivers and their relationship over time.
| | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) |
| Market Cap | | 242.9M | 282.3M | 234.9M | 195.9M | 192.5M | 294.5M |
| Enterprise Value | | 230.6M | 283.1M | 235.1M | 195.6M | 192.4M | 290.9M |
About Pioneer Municipal Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Pioneer Municipal High's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Pioneer Municipal using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at
the intrinsic value of Pioneer Municipal High 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.
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for Pioneer Stock Analysis
When running Pioneer Municipal's price analysis, check to
measure Pioneer Municipal'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 Pioneer Municipal is operating at the current time. Most of Pioneer Municipal's value examination focuses on studying past and present price action to
predict the probability of Pioneer Municipal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pioneer Municipal's price. Additionally, you may evaluate how the addition of Pioneer Municipal to your portfolios can decrease your overall portfolio volatility.