Westinghouse Air Brake Stock Piotroski F Score

WAB Stock  USD 182.05  2.58  1.40%   
This module uses fundamental data of Westinghouse Air to approximate its Piotroski F score. Westinghouse Air F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Westinghouse Air Brake. 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 Westinghouse Air financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Westinghouse Air Altman Z Score, Westinghouse Air Correlation, Westinghouse Air Valuation, as well as analyze Westinghouse Air Alpha and Beta and Westinghouse Air Hype Analysis.
  
At present, Westinghouse Air's Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting. The current year's Net Debt is expected to grow to about 3.4 B, whereas Long Term Debt Total is forecasted to decline to about 2.4 B. At present, Westinghouse Air's Price To Sales Ratio is projected to increase slightly based on the last few years of reporting. The current year's PTB Ratio is expected to grow to 3.50, whereas Dividend Yield is forecasted to decline to 0.
At this time, it appears that Westinghouse Air's Piotroski F Score is Strong. 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 - Strong
Current Return On Assets

Positive

Focus
Change in Return on Assets

Increased

Focus
Cash Flow Return on Assets

Positive

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Increase

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

Westinghouse Air Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Westinghouse Air is to make sure Westinghouse is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Westinghouse Air'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 Westinghouse Air's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.07570.0565
Significantly Up
Slightly volatile
Asset Turnover1.070.5554
Way Up
Slightly volatile
Gross Profit Margin0.320.3241
Fairly Down
Pretty Stable
Net Debt3.4 B3.3 B
Sufficiently Up
Slightly volatile
Total Current LiabilitiesB3.8 B
Sufficiently Up
Slightly volatile
Non Current Liabilities TotalB4.8 B
Sufficiently Up
Slightly volatile
Total Assets19.6 B18.7 B
Sufficiently Up
Slightly volatile
Total Current Assets5.2 B4.9 B
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities1.9 B1.8 B
Sufficiently Up
Slightly volatile

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

About Westinghouse Air 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.

Common Stock Shares Outstanding

116.14 Million

At present, Westinghouse Air's Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting.

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

About Westinghouse Air Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Westinghouse Air Brake's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Westinghouse Air using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Westinghouse Air Brake 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 Westinghouse Air Brake offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Westinghouse Air'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 Westinghouse Air Brake Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Westinghouse Air Brake Stock:
Is Construction Machinery & Heavy Transportation Equipment 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 Westinghouse Air. If investors know Westinghouse 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 Westinghouse Air 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
0.02
Dividend Share
0.8
Earnings Share
6.04
Revenue Per Share
59.661
Quarterly Revenue Growth
0.023
The market value of Westinghouse Air Brake is measured differently than its book value, which is the value of Westinghouse that is recorded on the company's balance sheet. Investors also form their own opinion of Westinghouse Air's value that differs from its market value or its book value, called intrinsic value, which is Westinghouse Air'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 Westinghouse Air's market value can be influenced by many factors that don't directly affect Westinghouse Air'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 Westinghouse Air's value and its price as these two are different measures arrived at by different means. Investors typically determine if Westinghouse Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Westinghouse Air'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.