| ITW Stock | | | USD 269.85 3.47 1.30% |
This module uses fundamental data of Illinois Tool to approximate its Piotroski F score. Illinois Tool F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Illinois Tool Works. 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 Illinois Tool financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out
Illinois Tool Altman Z Score,
Illinois Tool Correlation,
Illinois Tool Valuation, as well as analyze
Illinois Tool Alpha and Beta and
Illinois Tool Hype Analysis.
At this time, Illinois Tool's
Total Debt To Capitalization is fairly stable compared to the past year.
Debt Equity Ratio is likely to climb to 2.85 in 2024, whereas
Long Term Debt is likely to drop slightly above 4.4
B in 2024. At this time, Illinois Tool's
Days Of Inventory On Hand is fairly stable compared to the past year.
Capex To Revenue is likely to climb to 0.04 in 2024, whereas
Days Sales Outstanding is likely to drop 73.00 in 2024.
At this time, it appears that Illinois Tool'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
| Change in Return on Assets | |
| Cash Flow Return on Assets | |
| Current Quality of Earnings (accrual) | |
| Long Term Debt Over Assets Change | Lower Leverage| Focus | |
| Change In Outstending Shares | |
Illinois Tool Piotroski F Score Drivers
The critical factor to consider when applying the Piotroski F Score to Illinois Tool is to make sure Illinois is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Illinois Tool'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 Illinois Tool's financial numbers are properly reported.
Illinois Tool Works 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 Illinois Tool's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Illinois Tool in a much-optimized way.
Click cells to compare fundamentals
About Illinois Tool 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.
Illinois Tool 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, Illinois Tool's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Illinois Tool's managers, analysts, and investors.
About Illinois Tool Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Illinois Tool Works's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Illinois Tool using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at
the intrinsic value of Illinois Tool Works 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 Illinois Stock Analysis
When running Illinois Tool's price analysis, check to
measure Illinois Tool'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 Illinois Tool is operating at the current time. Most of Illinois Tool's value examination focuses on studying past and present price action to
predict the probability of Illinois Tool's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Illinois Tool's price. Additionally, you may evaluate how the addition of Illinois Tool to your portfolios can decrease your overall portfolio volatility.