Pembina Pipeline Corp Stock Piotroski F Score

PPL Stock  CAD 57.68  0.03  0.05%   
This module uses fundamental data of Pembina Pipeline to approximate its Piotroski F score. Pembina Pipeline F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Pembina Pipeline Corp. 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 Pembina Pipeline financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pembina Pipeline Corp. 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.
  
At this time, Pembina Pipeline's Net Debt is very stable compared to the past year. As of the 2nd of December 2024, Short and Long Term Debt Total is likely to grow to about 11.7 B, while Long Term Debt is likely to drop about 7.7 B. At this time, Pembina Pipeline's EV To Sales is very stable compared to the past year. As of the 2nd of December 2024, Free Cash Flow Per Share is likely to grow to 3.87, while PTB Ratio is likely to drop 1.50.
At this time, it appears that Pembina Pipeline'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..
7.0
Piotroski F Score - Inapplicable
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

Lower Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

Increase

Focus

Pembina Pipeline Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Pembina Pipeline is to make sure Pembina is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Pembina Pipeline'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 Pembina Pipeline's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.220.2798
Significantly Down
Slightly volatile
Gross Profit Margin0.450.3112
Way Up
Pretty Stable
Total Current Liabilities3.4 B3.2 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total14.3 B13.6 B
Sufficiently Up
Slightly volatile
Total Assets34.2 B32.6 B
Sufficiently Up
Slightly volatile
Total Current Assets2.8 B2.6 B
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities2.8 B2.6 B
Sufficiently Up
Slightly volatile

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

About Pembina Pipeline 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

30.19

At this time, Pembina Pipeline's Book Value Per Share is very stable compared to the past year.

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

About Pembina Pipeline Fundamental Analysis

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

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 Pembina Pipeline 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 Pembina Pipeline will appreciate offsetting losses from the drop in the long position's value.

Moving together with Pembina Stock

  0.89ENB-PFV Enbridge Pref 5PairCorr
  0.77ENB-PFU Enbridge Pref LPairCorr
  0.82ENS E Split CorpPairCorr
  0.67ENS-PA E Split CorpPairCorr

Moving against Pembina Stock

  0.49SAGE Sage Potash CorpPairCorr
The ability to find closely correlated positions to Pembina Pipeline could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pembina Pipeline 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 Pembina Pipeline - 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 Pembina Pipeline Corp to buy it.
The correlation of Pembina Pipeline 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 Pembina Pipeline moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pembina Pipeline Corp 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 Pembina Pipeline 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
When determining whether Pembina Pipeline Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Pembina Pipeline'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 Pembina Pipeline Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Pembina Pipeline Corp Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pembina Pipeline Corp. 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.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Please note, there is a significant difference between Pembina Pipeline's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pembina Pipeline is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pembina Pipeline'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.