Graftech International Stock Piotroski F Score

EAF Stock  USD 2.03  0.08  3.79%   
This module uses fundamental data of GrafTech International to approximate its Piotroski F score. GrafTech International F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of GrafTech International. 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 GrafTech International financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out GrafTech International Altman Z Score, GrafTech International Correlation, GrafTech International Valuation, as well as analyze GrafTech International Alpha and Beta and GrafTech International Hype Analysis.
For more detail on how to invest in GrafTech Stock please use our How to Invest in GrafTech International guide.
  
At this time, GrafTech International's Total Debt To Capitalization is most likely to increase slightly in the upcoming years. The GrafTech International's current Debt Equity Ratio is estimated to increase to 12.46, while Net Debt is projected to decrease to roughly 697.4 M. At this time, GrafTech International's Days Sales Outstanding is most likely to decrease significantly in the upcoming years. The GrafTech International's current Book Value Per Share is estimated to increase to 0.34, while Operating Cash Flow Per Share is projected to decrease to 0.25.
At this time, it appears that GrafTech International'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

Negative

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

GrafTech International Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to GrafTech International is to make sure GrafTech is not a subject of accounting manipulations and runs a healthy internal audit department. So, if GrafTech International'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 GrafTech International's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.880.4814
Way Up
Pretty Stable
Net Debt697.4 M753.9 M
Significantly Down
Slightly volatile
Total Current Liabilities337 M190.5 M
Way Up
Very volatile
Non Current Liabilities Total921.7 MB
Moderately Down
Slightly volatile
Total Assets1.4 B1.3 B
Significantly Up
Slightly volatile
Total Current Assets579.6 M674.8 M
Fairly Down
Pretty Stable
Total Cash From Operating Activities65 M68.4 M
Notably Down
Slightly volatile

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

About GrafTech International 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

160.68 Million

At this time, GrafTech International's Common Stock Shares Outstanding is most likely to increase significantly in the upcoming years.

GrafTech International Current Valuation Drivers

We derive many important indicators used in calculating different scores of GrafTech International from analyzing GrafTech International's financial statements. These drivers represent accounts that assess GrafTech International's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of GrafTech International's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap3.4B2.9B3.1B1.2B562.9M534.8M
Enterprise Value5.1B4.1B4.1B2.0B1.3B2.2B

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

About GrafTech International Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze GrafTech International's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of GrafTech International using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of GrafTech International 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 GrafTech International is a strong investment it is important to analyze GrafTech International'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 GrafTech International's future performance. For an informed investment choice regarding GrafTech Stock, refer to the following important reports:
Check out GrafTech International Altman Z Score, GrafTech International Correlation, GrafTech International Valuation, as well as analyze GrafTech International Alpha and Beta and GrafTech International Hype Analysis.
For more detail on how to invest in GrafTech Stock please use our How to Invest in GrafTech International guide.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Electrical Components & 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 GrafTech International. If investors know GrafTech 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 GrafTech International 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
(0.64)
Earnings Share
(1.16)
Revenue Per Share
2.104
Quarterly Revenue Growth
(0.18)
Return On Assets
(0.04)
The market value of GrafTech International is measured differently than its book value, which is the value of GrafTech that is recorded on the company's balance sheet. Investors also form their own opinion of GrafTech International's value that differs from its market value or its book value, called intrinsic value, which is GrafTech International'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 GrafTech International's market value can be influenced by many factors that don't directly affect GrafTech International'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 GrafTech International's value and its price as these two are different measures arrived at by different means. Investors typically determine if GrafTech International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GrafTech International'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.