Finward Bancorp Stock Piotroski F Score

FNWD Stock  USD 30.75  0.25  0.81%   
This module uses fundamental data of Finward Bancorp to approximate its Piotroski F score. Finward Bancorp F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Finward 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 Finward Bancorp financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Finward Bancorp Altman Z Score, Finward Bancorp Correlation, Finward Bancorp Valuation, as well as analyze Finward Bancorp Alpha and Beta and Finward Bancorp Hype Analysis.
For information on how to trade Finward Stock refer to our How to Trade Finward Stock guide.
  
At present, Finward Bancorp's Debt To Assets are projected to slightly decrease based on the last few years of reporting. The current year's Long Term Debt To Capitalization is expected to grow to 0.40, whereas Net Debt is projected to grow to (5.3 M). At present, Finward Bancorp's Days Sales Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Free Cash Flow Yield is expected to grow to 0.20, whereas Dividend Yield is forecasted to decline to 0.05.
At this time, it appears that Finward 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

Decreased

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

Finward Bancorp Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Finward Bancorp is to make sure Finward is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Finward 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 Finward Bancorp's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.00380.004
Notably Down
Slightly volatile
Asset Turnover0.02960.0309
Sufficiently Down
Very volatile
Gross Profit Margin1.181.33
Fairly Down
Slightly volatile
Total Current Liabilities1.4 B1.3 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total684.6 M652 M
Sufficiently Up
Slightly volatile
Total Assets2.2 B2.1 B
Sufficiently Up
Slightly volatile
Total Current Assets237.2 M176 M
Significantly Up
Slightly volatile
Total Cash From Operating Activities23 M21.9 M
Sufficiently Up
Slightly volatile

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

About Finward 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

32.74

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

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

About Finward Bancorp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Finward Bancorp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Finward Bancorp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Finward 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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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 Finward Bancorp is a strong investment it is important to analyze Finward Bancorp'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 Finward Bancorp's future performance. For an informed investment choice regarding Finward Stock, refer to the following important reports:
Check out Finward Bancorp Altman Z Score, Finward Bancorp Correlation, Finward Bancorp Valuation, as well as analyze Finward Bancorp Alpha and Beta and Finward Bancorp Hype Analysis.
For information on how to trade Finward Stock refer to our How to Trade Finward Stock guide.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
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 Finward Bancorp. If investors know Finward 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 Finward 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
(0.72)
Dividend Share
0.48
Earnings Share
2.71
Revenue Per Share
16.365
Quarterly Revenue Growth
(0.03)
The market value of Finward Bancorp is measured differently than its book value, which is the value of Finward that is recorded on the company's balance sheet. Investors also form their own opinion of Finward Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Finward 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 Finward Bancorp's market value can be influenced by many factors that don't directly affect Finward 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 Finward Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Finward Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Finward 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.