The York Water Stock Piotroski F Score

YORW Stock  USD 35.84  0.14  0.39%   
This module uses fundamental data of York Water to approximate its Piotroski F score. York Water F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of The York Water. 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 York Water financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out York Water Altman Z Score, York Water Correlation, York Water Valuation, as well as analyze York Water Alpha and Beta and York Water Hype Analysis.
  
At this time, York Water's Debt Equity Ratio is fairly stable compared to the past year. Debt Ratio is likely to climb to 0.34 in 2024, whereas Long Term Debt is likely to drop slightly above 90.8 M in 2024. At this time, York Water's Payout Ratio is fairly stable compared to the past year. Days Payables Outstanding is likely to climb to 240.01 in 2024, whereas PTB Ratio is likely to drop 2.20 in 2024.
At this time, it appears that York Water'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

Decreased

Focus
Cash Flow Return on Assets

Positive

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Increase

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

Increase

Focus

York Water Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to York Water is to make sure York is not a subject of accounting manipulations and runs a healthy internal audit department. So, if York Water'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 York Water's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.02730.0404
Way Down
Slightly volatile
Asset Turnover0.170.1208
Significantly Up
Slightly volatile
Gross Profit Margin0.890.7556
Fairly Up
Pretty Stable
Net Debt189 M180 M
Sufficiently Up
Slightly volatile
Total Current Liabilities11.3 M18.1 M
Way Down
Slightly volatile
Non Current Liabilities Total366.3 M348.9 M
Sufficiently Up
Slightly volatile
Total Assets617.6 M588.2 M
Sufficiently Up
Slightly volatile
Total Current AssetsM15.6 M
Way Down
Slightly volatile
Total Cash From Operating Activities33.5 M31.9 M
Sufficiently Up
Slightly volatile

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

About York Water 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

16.25

At this time, York Water's Book Value Per Share is fairly stable compared to the past year.

York Water Current Valuation Drivers

We derive many important indicators used in calculating different scores of York Water from analyzing York Water's financial statements. These drivers represent accounts that assess York Water's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of York Water's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap597.8M607.4M650.9M627.8M552.1M579.7M
Enterprise Value698.8M730.9M797.3M767.3M732.1M768.7M

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

About York Water Fundamental Analysis

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

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Additional Tools for York Stock Analysis

When running York Water's price analysis, check to measure York Water'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 York Water is operating at the current time. Most of York Water's value examination focuses on studying past and present price action to predict the probability of York Water's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move York Water's price. Additionally, you may evaluate how the addition of York Water to your portfolios can decrease your overall portfolio volatility.