Old Second Bancorp Stock Piotroski F Score

OSBC Stock  USD 16.92  0.10  0.59%   
This module uses fundamental data of Old Second to approximate its Piotroski F score. Old Second F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Old Second 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 Old Second financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Old Second Altman Z Score, Old Second Correlation, Old Second Valuation, as well as analyze Old Second Alpha and Beta and Old Second Hype Analysis.
  
At present, Old Second's Net Debt To EBITDA is projected to slightly decrease based on the last few years of reporting. The current year's Cash Flow To Debt Ratio is expected to grow to 6.91, whereas Short and Long Term Debt Total is forecasted to decline to about 19 M. At present, Old Second's PTB Ratio is projected to increase slightly based on the last few years of reporting. The current year's Days Sales Outstanding is expected to grow to 629.88, whereas Dividend Yield is forecasted to decline to 0.01.
At this time, it appears that Old Second'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..
5.0
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

Decrease

Focus
Current Ratio Change

Increase

Focus
Long Term Debt Over Assets Change

Higher Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

No Change

Focus

Old Second Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Old Second is to make sure Old is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Old Second'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 Old Second's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.05140.0527
Fairly Down
Very volatile
Gross Profit Margin0.750.87
Fairly Down
Slightly volatile
Total Current Liabilities19 M20 M
Notably Down
Slightly volatile
Non Current Liabilities Total5.2 BB
Sufficiently Up
Slightly volatile
Total Assets5.9 B5.6 B
Sufficiently Up
Slightly volatile
Total Current Assets1.4 B1.2 B
Fairly Up
Slightly volatile

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

About Old Second 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

13.78

At present, Old Second's Book Value Per Share is projected to increase significantly based on the last few years of reporting.

Old Second Current Valuation Drivers

We derive many important indicators used in calculating different scores of Old Second from analyzing Old Second's financial statements. These drivers represent accounts that assess Old Second's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Old Second's important valuation drivers and their relationship over time.
202020212022202320242025 (projected)
Market Cap299.2M380.3M714.2M689.6M797.0M836.9M
Enterprise Value62.8M(223.2M)827.7M1.1B764.9M803.1M

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

About Old Second Fundamental Analysis

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

Also Currently Popular

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 Old Second Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Old Second'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 Old Second Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Old Second Bancorp Stock:
Is Regional 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 Old Second. If investors know Old 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 Old Second 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
0.05
Dividend Share
0.21
Earnings Share
1.87
Revenue Per Share
6.063
Quarterly Revenue Growth
0.125
The market value of Old Second Bancorp is measured differently than its book value, which is the value of Old that is recorded on the company's balance sheet. Investors also form their own opinion of Old Second's value that differs from its market value or its book value, called intrinsic value, which is Old Second'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 Old Second's market value can be influenced by many factors that don't directly affect Old Second'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 Old Second's value and its price as these two are different measures arrived at by different means. Investors typically determine if Old Second is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Old Second'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.