This module uses fundamental data of Nuveen California to approximate its Piotroski F score. Nuveen California F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Nuveen California Select. 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 Nuveen California financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Nuveen California Altman Z Score, Nuveen California Correlation, Nuveen California Valuation, as well as analyze Nuveen California Alpha and Beta and Nuveen California Hype Analysis.
Nuveen
Piotroski F Score
Days Sales Outstanding
Ev To Sales
Roic
Inventory Turnover
Days Of Inventory On Hand
Sales General And Administrative To Revenue
Roe
Return On Tangible Assets
Current Ratio
Receivables Turnover
Operating Cycle
Pretax Profit Margin
Operating Profit Margin
Return On Capital Employed
Ebit Per Revenue
Quick Ratio
Cash Conversion Cycle
Days Of Inventory Outstanding
Days Of Sales Outstanding
Return On Assets
Asset Turnover
Net Profit Margin
Return On Equity
Change In Cash
Dividends Paid
Total Cash From Operating Activities
Net Income
Total Cash From Financing Activities
Other Non Cash Items
End Period Cash Flow
Begin Period Cash Flow
Total Assets
Other Current Liab
Total Stockholder Equity
Net Tangible Assets
Retained Earnings
Accounts Payable
Other Assets
Long Term Debt
Net Receivables
Total Liab
Long Term Investments
Common Stock
Cash
Common Stock Shares Outstanding
Total Current Liabilities
Net Debt
Non Current Assets Total
Non Currrent Assets Other
Cash And Short Term Investments
Other Stockholder Equity
Total Current Assets
Common Stock Total Equity
Liabilities And Stockholders Equity
Non Current Liabilities Total
Other Current Assets
Capital Stock
Interest Expense
Selling General Administrative
Total Revenue
Gross Profit
Operating Income
Net Income From Continuing Ops
Ebit
Cost Of Revenue
Total Operating Expenses
Income Before Tax
Total Other Income Expense Net
Net Income Applicable To Common Shares
Income Tax Expense
Depreciation And Amortization
Other Operating Expenses
Ebitda
Net Interest Income
Interest Income
Probability Of Bankruptcy
At present, Nuveen California's Debt To Assets are projected to increase slightly based on the last few years of reporting. The current year's Total Debt To Capitalization is expected to grow to 0.01, whereas Long Term Debt is forecasted to decline to about 1.4 M. At present, Nuveen California's Receivables Turnover is projected to increase slightly based on the last few years of reporting. The current year's Pretax Profit Margin is expected to grow to 1.01, whereas Days Sales Outstanding is forecasted to decline to 61.51.
At this time, it appears that Nuveen California'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..
The critical factor to consider when applying the Piotroski F Score to Nuveen California is to make sure Nuveen is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Nuveen California'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 Nuveen California'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 Nuveen California's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Nuveen California 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.
Common Stock Shares Outstanding
6.95 Million
At present, Nuveen California's Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting.
About Nuveen California Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nuveen California Select's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nuveen California using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nuveen California Select 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 determining whether Nuveen California Select offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nuveen California's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nuveen California Select Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nuveen California Select Stock:
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nuveen California. If investors know Nuveen will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nuveen California listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
13.302
Dividend Share
0.54
Earnings Share
0.86
Revenue Per Share
0.581
Quarterly Revenue Growth
0.016
The market value of Nuveen California Select is measured differently than its book value, which is the value of Nuveen that is recorded on the company's balance sheet. Investors also form their own opinion of Nuveen California's value that differs from its market value or its book value, called intrinsic value, which is Nuveen California's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nuveen California's market value can be influenced by many factors that don't directly affect Nuveen California's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nuveen California's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nuveen California is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuveen California'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.