Bar Harbor Bankshares Stock Piotroski F Score

BHB Stock  USD 35.86  0.11  0.31%   
This module uses fundamental data of Bar Harbor to approximate its Piotroski F score. Bar Harbor F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Bar Harbor Bankshares. 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 Bar Harbor financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Bar Harbor Altman Z Score, Bar Harbor Correlation, Bar Harbor Valuation, as well as analyze Bar Harbor Alpha and Beta and Bar Harbor Hype Analysis.
  
At present, Bar Harbor'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 294.1 M, whereas Short Term Debt is forecasted to decline to about 229.9 M. At present, Bar Harbor's Price To Sales Ratio is projected to decrease significantly based on the last few years of reporting. The current year's PTB Ratio is expected to grow to 1.47, whereas Dividend Yield is forecasted to decline to 0.03.
At this time, it appears that Bar Harbor'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

Decrease

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

No Change

Focus

Bar Harbor Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Bar Harbor is to make sure Bar is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Bar Harbor'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 Bar Harbor's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.01160.0113
Fairly Up
Pretty Stable
Asset Turnover0.04350.0379
Fairly Up
Slightly volatile
Gross Profit Margin1.111.14
Fairly Down
Pretty Stable
Total Current Liabilities1.3 M1.3 M
Notably Down
Pretty Stable
Non Current Liabilities Total3.7 B3.5 B
Sufficiently Up
Slightly volatile
Total Assets4.2 BB
Sufficiently Up
Slightly volatile
Total Current Assets607.6 M576.8 M
Notably Up
Slightly volatile
Total Cash From Operating Activities49.8 M47.4 M
Sufficiently Up
Slightly volatile

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

About Bar Harbor 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

10.91 Million

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

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

About Bar Harbor Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Bar Harbor Bankshares's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bar Harbor using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bar Harbor Bankshares 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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When determining whether Bar Harbor Bankshares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bar Harbor'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 Bar Harbor Bankshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bar Harbor Bankshares Stock:
Check out Bar Harbor Altman Z Score, Bar Harbor Correlation, Bar Harbor Valuation, as well as analyze Bar Harbor Alpha and Beta and Bar Harbor Hype Analysis.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
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 Bar Harbor. If investors know Bar 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 Bar Harbor 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
0.094
Dividend Share
1.16
Earnings Share
2.77
Revenue Per Share
9.775
Quarterly Revenue Growth
0.034
The market value of Bar Harbor Bankshares is measured differently than its book value, which is the value of Bar that is recorded on the company's balance sheet. Investors also form their own opinion of Bar Harbor's value that differs from its market value or its book value, called intrinsic value, which is Bar Harbor'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 Bar Harbor's market value can be influenced by many factors that don't directly affect Bar Harbor'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 Bar Harbor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bar Harbor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bar Harbor'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.