This module uses fundamental data of NRB Industrial to approximate its Piotroski F score. NRB Industrial F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of NRB Industrial Bearings. 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 NRB Industrial financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NRB Industrial Bearings. 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.
NRB
Piotroski F Score
Capital Expenditures
Total Cash From Financing Activities
Total Cash From Operating Activities
Change To Inventory
Change In Cash
Free Cash Flow
Change In Working Capital
Other Cashflows From Financing Activities
Depreciation
Other Non Cash Items
Change To Account Receivables
Net Income
End Period Cash Flow
Other Cashflows From Investing Activities
Net Borrowings
Total Cashflows From Investing Activities
Change To Operating Activities
Change To Netincome
Change To Liabilities
Begin Period Cash Flow
Sale Purchase Of Stock
Investments
Total Assets
Other Current Liab
Total Current Liabilities
Total Stockholder Equity
Cash
Total Liab
Common Stock
Accounts Payable
Property Plant Equipment
Short Long Term Debt Total
Other Liab
Property Plant And Equipment Net
Net Debt
Retained Earnings
Non Current Assets Total
Non Currrent Assets Other
Other Assets
Long Term Debt
Cash And Short Term Investments
Net Receivables
Liabilities And Stockholders Equity
Non Current Liabilities Total
Inventory
Other Current Assets
Total Current Assets
Accumulated Other Comprehensive Income
Short Term Debt
Intangible Assets
Net Tangible Assets
Other Stockholder Equity
Long Term Investments
Short Long Term Debt
Current Deferred Revenue
Long Term Debt Total
Short Term Investments
Cash And Equivalents
Net Invested Capital
Net Working Capital
Property Plant And Equipment Gross
Interest Expense
Selling General Administrative
Depreciation And Amortization
Selling And Marketing Expenses
Total Revenue
Gross Profit
Other Operating Expenses
Operating Income
Ebit
Research Development
Ebitda
Cost Of Revenue
Total Operating Expenses
Income Before Tax
Total Other Income Expense Net
Income Tax Expense
Net Income From Continuing Ops
Net Income Applicable To Common Shares
Interest Income
Net Interest Income
Reconciled Depreciation
Probability Of Bankruptcy
At this time, NRB Industrial's Short and Long Term Debt Total is comparatively stable compared to the past year. Short Term Debt is likely to gain to about 936.2 M in 2024, whereas Long Term Debt is likely to drop slightly above 319.6 M in 2024.
At this time, it appears that NRB Industrial'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..
The critical factor to consider when applying the Piotroski F Score to NRB Industrial is to make sure NRB is not a subject of accounting manipulations and runs a healthy internal audit department. So, if NRB Industrial'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 NRB Industrial's financial numbers are properly reported.
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 NRB Industrial's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards NRB Industrial in a much-optimized way.
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.
The Macroaxis Fundamental Analysis modules help investors analyze NRB Industrial Bearings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NRB Industrial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NRB Industrial Bearings 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.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When running NRB Industrial's price analysis, check to measure NRB Industrial'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 NRB Industrial is operating at the current time. Most of NRB Industrial's value examination focuses on studying past and present price action to predict the probability of NRB Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NRB Industrial's price. Additionally, you may evaluate how the addition of NRB Industrial to your portfolios can decrease your overall portfolio volatility.