Intact Financial Stock Piotroski F Score

IFC Stock  CAD 266.49  2.18  0.81%   
This module uses fundamental data of Intact Financial to approximate its Piotroski F score. Intact Financial F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Intact Financial. 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 Intact Financial financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Intact Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
  
At this time, Intact Financial's Short and Long Term Debt Total is very stable compared to the past year. As of the 28th of November 2024, Net Debt is likely to grow to about 4.8 B, while Long Term Debt is likely to drop about 2.8 B. At this time, Intact Financial's Income Quality is very stable compared to the past year. As of the 28th of November 2024, ROE is likely to grow to 0.14, while Price To Sales Ratio is likely to drop 1.07.
At this time, it appears that Intact Financial's Piotroski F Score is Inapplicable. 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 - Inapplicable
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)

Decreasing

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

Intact Financial Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Intact Financial is to make sure Intact is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Intact Financial'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 Intact Financial's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.0370.0235
Way Up
Slightly volatile
Asset Turnover0.410.3946
Sufficiently Up
Very volatile
Net Debt4.8 B4.6 B
Sufficiently Up
Slightly volatile
Total Current Liabilities338.2 M356 M
Notably Down
Very volatile
Non Current Liabilities Total40.5 B38.6 B
Sufficiently Up
Slightly volatile
Total Assets58.8 B56 B
Sufficiently Up
Slightly volatile
Total Current Assets7.3 B7.3 B
Slightly Up
Slightly volatile
Total Cash From Operating Activities1.2 B1.8 B
Way Down
Slightly volatile

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

About Intact Financial 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

98.18

At this time, Intact Financial's Book Value Per Share is very stable compared to the past year.

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

About Intact Financial Fundamental Analysis

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

Pair Trading with Intact Financial

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Intact Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Intact Financial will appreciate offsetting losses from the drop in the long position's value.

Moving together with Intact Stock

  0.84FFH Fairfax FinancialPairCorr
  0.63FFH-PM Fairfax FinancialPairCorr
The ability to find closely correlated positions to Intact Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Intact Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Intact Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Intact Financial to buy it.
The correlation of Intact Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Intact Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Intact Financial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Intact Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Intact Stock

Intact Financial financial ratios help investors to determine whether Intact Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Intact with respect to the benefits of owning Intact Financial security.