Enterprise Bancorp Stock Piotroski F Score

EBTC Stock  USD 37.42  0.55  1.49%   
This module uses fundamental data of Enterprise Bancorp to approximate its Piotroski F score. Enterprise Bancorp F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Enterprise Bancorp. 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 Enterprise Bancorp financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Enterprise Bancorp Altman Z Score, Enterprise Bancorp Correlation, Enterprise Bancorp Valuation, as well as analyze Enterprise Bancorp Alpha and Beta and Enterprise Bancorp Hype Analysis.
For information on how to trade Enterprise Stock refer to our How to Trade Enterprise Stock guide.
  
At present, Enterprise Bancorp's Long Term Debt is projected to increase significantly based on the last few years of reporting. The current year's Long Term Debt Total is expected to grow to about 71.5 M, whereas Short and Long Term Debt Total is forecasted to decline to about 66.9 M. At present, Enterprise Bancorp's Free Cash Flow Yield is projected to increase slightly based on the last few years of reporting. The current year's Operating Cash Flow Per Share is expected to grow to 4.92, whereas Price To Sales Ratio is forecasted to decline to 2.32.
At this time, it appears that Enterprise Bancorp'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..
5.0
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

Higher Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

No Change

Focus

Enterprise Bancorp Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Enterprise Bancorp is to make sure Enterprise is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Enterprise Bancorp'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 Enterprise Bancorp's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.0090.0085
Notably Up
Slightly volatile
Asset Turnover0.02760.0361
Way Down
Very volatile
Gross Profit Margin0.760.86
Fairly Down
Slightly volatile
Total Current Liabilities2.6 B2.5 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total919.9 M1.7 B
Way Down
Slightly volatile
Total Assets4.7 B4.5 B
Sufficiently Up
Slightly volatile
Total Current Assets73.5 M77.4 M
Notably Down
Very volatile
Total Cash From Operating Activities60 M57.2 M
Sufficiently Up
Slightly volatile

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

About Enterprise Bancorp 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

28.27

At present, Enterprise Bancorp's Book Value Per Share is projected to increase significantly based on the last few years of reporting.

Enterprise Bancorp Current Valuation Drivers

We derive many important indicators used in calculating different scores of Enterprise Bancorp from analyzing Enterprise Bancorp's financial statements. These drivers represent accounts that assess Enterprise Bancorp's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Enterprise Bancorp's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap399.3M304.0M539.3M427.2M394.3M208.8M
Enterprise Value464.7M146.3M190.8M246.5M447.4M469.8M

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

About Enterprise Bancorp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Enterprise Bancorp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Enterprise Bancorp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Enterprise Bancorp 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 Enterprise Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Enterprise Bancorp'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 Enterprise Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Enterprise Bancorp Stock:
Check out Enterprise Bancorp Altman Z Score, Enterprise Bancorp Correlation, Enterprise Bancorp Valuation, as well as analyze Enterprise Bancorp Alpha and Beta and Enterprise Bancorp Hype Analysis.
For information on how to trade Enterprise Stock refer to our How to Trade Enterprise Stock guide.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.
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 Enterprise Bancorp. If investors know Enterprise 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 Enterprise Bancorp 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
0.013
Dividend Share
0.95
Earnings Share
2.85
Revenue Per Share
13.295
Quarterly Revenue Growth
0.039
The market value of Enterprise Bancorp is measured differently than its book value, which is the value of Enterprise that is recorded on the company's balance sheet. Investors also form their own opinion of Enterprise Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Enterprise Bancorp'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 Enterprise Bancorp's market value can be influenced by many factors that don't directly affect Enterprise Bancorp'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 Enterprise Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Enterprise Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enterprise Bancorp'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.