Allspring Multi Sector Stock Piotroski F Score

ERC Stock  USD 8.95  0.09  1.00%   
This module uses fundamental data of Allspring Multi to approximate its Piotroski F score. Allspring Multi F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Allspring Multi Sector. 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 Allspring Multi financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Allspring Multi Altman Z Score, Allspring Multi Correlation, Allspring Multi Valuation, as well as analyze Allspring Multi Alpha and Beta and Allspring Multi Hype Analysis.
  
At present, Allspring Multi's Short and Long Term Debt Total is projected to decrease significantly based on the last few years of reporting. The current year's Net Debt is expected to grow to about 140.5 M, whereas Short and Long Term Debt is forecasted to decline to about 193.4 M. At present, Allspring Multi's Days Sales Outstanding is projected to decrease significantly based on the last few years of reporting. The current year's Book Value Per Share is expected to grow to 15.22, whereas Dividend Yield is forecasted to decline to 0.08.
At this time, it appears that Allspring Multi'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

Decreased

Focus
Cash Flow Return on Assets

Positive

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Decrease

Focus
Current Ratio Change

Increase

Focus
Long Term Debt Over Assets Change

N/A

Focus
Change In Outstending Shares

Increase

Focus
Change in Gross Margin

Increase

Focus

Allspring Multi Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Allspring Multi is to make sure Allspring is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Allspring Multi'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 Allspring Multi's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Net Debt140.5 M106.9 M
Significantly Up
Slightly volatile
Total Current Liabilities9.1 M5.7 M
Way Up
Slightly volatile
Non Current Liabilities Total134.2 M107.1 M
Significantly Up
Slightly volatile
Total Assets616 M350.7 M
Way Up
Slightly volatile
Total Current Assets11 M7.1 M
Way Up
Slightly volatile
Total Cash From Operating Activities19.5 M20.6 M
Notably Down
Slightly volatile

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

About Allspring Multi 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

28.96 Million

At present, Allspring Multi's Common Stock Shares Outstanding is projected to decrease significantly based on the last few years of reporting.

Allspring Multi Current Valuation Drivers

We derive many important indicators used in calculating different scores of Allspring Multi from analyzing Allspring Multi's financial statements. These drivers represent accounts that assess Allspring Multi's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Allspring Multi's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap308.0M375.9M251.6M244.2M280.8M446.8M
Enterprise Value447.0M514.8M370.6M362.9M417.3M638.0M

About Allspring Multi Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Allspring Multi Sector's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Allspring Multi using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Allspring Multi Sector 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Allspring Multi Sector offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Allspring Multi'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 Allspring Multi Sector Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Allspring Multi Sector Stock:
Is Asset Management & Custody 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 Allspring Multi. If investors know Allspring 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 Allspring Multi 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
0.12
Dividend Share
0.782
Earnings Share
0.81
Revenue Per Share
1.062
Quarterly Revenue Growth
0.125
The market value of Allspring Multi Sector is measured differently than its book value, which is the value of Allspring that is recorded on the company's balance sheet. Investors also form their own opinion of Allspring Multi's value that differs from its market value or its book value, called intrinsic value, which is Allspring Multi'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 Allspring Multi's market value can be influenced by many factors that don't directly affect Allspring Multi'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 Allspring Multi's value and its price as these two are different measures arrived at by different means. Investors typically determine if Allspring Multi is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allspring Multi'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.