Companhia Energetica De Stock Piotroski F Score

CIG Stock  USD 1.99  0.08  3.86%   
This module uses fundamental data of Companhia Energetica to approximate its Piotroski F score. Companhia Energetica F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Companhia Energetica de. 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 Companhia Energetica financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Companhia Energetica Altman Z Score, Companhia Energetica Correlation, Companhia Energetica Valuation, as well as analyze Companhia Energetica Alpha and Beta and Companhia Energetica Hype Analysis.
  
At this time, Companhia Energetica's Net Debt To EBITDA is most likely to slightly decrease in the upcoming years. The Companhia Energetica's current Debt To Equity is estimated to increase to 0.62, while Short Term Debt is projected to decrease to roughly 2.5 B. At this time, Companhia Energetica's Operating Cash Flow Per Share is most likely to increase slightly in the upcoming years. The Companhia Energetica's current Capex To Depreciation is estimated to increase to 1.60, while Dividend Yield is projected to decrease to 0.07.
At this time, it appears that Companhia Energetica's Piotroski F Score is Healthy. 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..
6.0
Piotroski F Score - Healthy
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

Decrease

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

Companhia Energetica Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Companhia Energetica is to make sure Companhia is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Companhia Energetica'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 Companhia Energetica's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.110.1048
Sufficiently Up
Pretty Stable
Asset Turnover0.370.67
Way Down
Slightly volatile
Gross Profit Margin0.220.2275
Sufficiently Down
Slightly volatile
Net DebtB8.7 B
Fairly Up
Slightly volatile
Total Current Liabilities8.8 B13.1 B
Way Down
Slightly volatile
Non Current Liabilities Total14.4 B17.3 B
Fairly Down
Slightly volatile
Total Assets36.7 B55 B
Way Down
Slightly volatile
Total Current Assets8.9 B11.9 B
Way Down
Slightly volatile
Total Cash From Operating ActivitiesB6.6 B
Sufficiently Up
Slightly volatile

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

About Companhia Energetica 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

1.99 Billion

At this time, Companhia Energetica's Common Stock Shares Outstanding is most likely to decrease significantly in the upcoming years.

Companhia Energetica Current Valuation Drivers

We derive many important indicators used in calculating different scores of Companhia Energetica from analyzing Companhia Energetica's financial statements. These drivers represent accounts that assess Companhia Energetica's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Companhia Energetica's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap16.1B17.0B17.1B18.9B24.9B23.7B
Enterprise Value30.6B30.6B27.9B28.4B33.7B32.0B

About Companhia Energetica Fundamental Analysis

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

Currently Active Assets on Macroaxis

When determining whether Companhia Energetica is a strong investment it is important to analyze Companhia Energetica's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Companhia Energetica's future performance. For an informed investment choice regarding Companhia Stock, refer to the following important reports:
Is Electric Utilities 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 Companhia Energetica. If investors know Companhia 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 Companhia Energetica 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
0.356
Earnings Share
0.36
Revenue Per Share
13.241
Quarterly Revenue Growth
0.07
Return On Assets
0.0838
The market value of Companhia Energetica is measured differently than its book value, which is the value of Companhia that is recorded on the company's balance sheet. Investors also form their own opinion of Companhia Energetica's value that differs from its market value or its book value, called intrinsic value, which is Companhia Energetica'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 Companhia Energetica's market value can be influenced by many factors that don't directly affect Companhia Energetica'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 Companhia Energetica's value and its price as these two are different measures arrived at by different means. Investors typically determine if Companhia Energetica is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Companhia Energetica'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.