Brookfield Global Infrastructure Stock Piotroski F Score

BGI-UN Stock  CAD 5.03  0.04  0.79%   
This module uses fundamental data of Brookfield Global to approximate its Piotroski F score. Brookfield Global F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Brookfield Global Infrastructure. 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 Brookfield Global financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brookfield Global Infrastructure. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
  
At present, Brookfield Global's Short Term Debt is projected to decrease significantly based on the last few years of reporting. The current year's Net Debt To EBITDA is expected to grow to 2.74, whereas Short and Long Term Debt Total is forecasted to decline to about 16.8 M. At present, Brookfield Global's Price To Sales Ratio is projected to increase slightly based on the last few years of reporting. The current year's Dividend Yield is expected to grow to 0.15, whereas PTB Ratio is forecasted to decline to 0.90.
At this time, it appears that Brookfield Global'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

Increased

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

N/A

Focus
Change In Outstending Shares

Increase

Focus
Change in Gross Margin

Increase

Focus

Brookfield Global Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Brookfield Global is to make sure Brookfield is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Brookfield Global'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 Brookfield Global's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin1.070.8309
Significantly Up
Slightly volatile
Total Current Liabilities3.2 M2.8 M
Fairly Up
Slightly volatile
Non Current Liabilities Total16.8 M17.6 M
Notably Down
Slightly volatile
Total Assets177.9 M90 M
Way Up
Slightly volatile
Total Current Assets888.9 K935.7 K
Notably Down
Slightly volatile

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

About Brookfield Global 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

6.8

At present, Brookfield Global's Book Value Per Share is projected to drop slightly based on the last few years of reporting.

Brookfield Global Current Valuation Drivers

We derive many important indicators used in calculating different scores of Brookfield Global from analyzing Brookfield Global's financial statements. These drivers represent accounts that assess Brookfield Global's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Brookfield Global's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap134.3M94.9M107.5M89.1M72.0M68.4M
Enterprise Value178.4M114.0M126.6M107.6M89.1M84.7M

About Brookfield Global Fundamental Analysis

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

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 Brookfield Global 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 Brookfield Global will appreciate offsetting losses from the drop in the long position's value.

Moving together with Brookfield Stock

  0.8PSLV Sprott Physical SilverPairCorr
  0.83CEF Sprott Physical GoldPairCorr
  0.81PHYS Sprott Physical GoldPairCorr
  0.69SPPP Sprott Physical PlatinumPairCorr
The ability to find closely correlated positions to Brookfield Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Brookfield Global 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 Brookfield Global - 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 Brookfield Global Infrastructure to buy it.
The correlation of Brookfield Global 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 Brookfield Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brookfield Global 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 Brookfield Global 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

Other Information on Investing in Brookfield Stock

Brookfield Global financial ratios help investors to determine whether Brookfield Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Brookfield with respect to the benefits of owning Brookfield Global security.