First Eagle Alternative Stock Piotroski F Score

FCRX Stock  USD 24.50  0.01  0.04%   
This module uses fundamental data of First Eagle to approximate its Piotroski F score. First Eagle F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of First Eagle Alternative. 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 First Eagle financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out First Eagle Altman Z Score, First Eagle Correlation, First Eagle Valuation, as well as analyze First Eagle Alpha and Beta and First Eagle Hype Analysis.
  
At this time, First Eagle's Net Debt is fairly stable compared to the past year. Short and Long Term Debt Total is likely to rise to about 887 M in 2024, whereas Short Term Debt is likely to drop slightly above 643.3 M in 2024. At this time, First Eagle's PFCF Ratio is fairly stable compared to the past year. ROE is likely to rise to 0.12 in 2024, whereas Price To Sales Ratio is likely to drop 4.34 in 2024.
At this time, it appears that First Eagle's Piotroski F Score is Frail. 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..
3.0
Piotroski F Score - Frail
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)

Decreasing

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

First Eagle Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to First Eagle is to make sure First is not a subject of accounting manipulations and runs a healthy internal audit department. So, if First Eagle'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 First Eagle's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.110.1131
Fairly Down
Very volatile
Total Current Liabilities20.8 M39.3 M
Way Down
Slightly volatile
Non Current Liabilities Total887.7 M845.4 M
Sufficiently Up
Slightly volatile
Total Assets1.5 B1.6 B
Notably Down
Slightly volatile
Total Current Assets41.7 M43.8 M
Notably Down
Pretty Stable

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

About First Eagle 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

19.64

At this time, First Eagle's Book Value Per Share is fairly stable compared to the past year.

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

About First Eagle Fundamental Analysis

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

When running First Eagle's price analysis, check to measure First Eagle's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Eagle is operating at the current time. Most of First Eagle's value examination focuses on studying past and present price action to predict the probability of First Eagle's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Eagle's price. Additionally, you may evaluate how the addition of First Eagle to your portfolios can decrease your overall portfolio volatility.