Klx Energy Services Stock Piotroski F Score

KLXE Stock  USD 6.49  0.17  2.69%   
This module uses fundamental data of KLX Energy to approximate its Piotroski F score. KLX Energy F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of KLX Energy Services. 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 KLX Energy financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out KLX Energy Altman Z Score, KLX Energy Correlation, KLX Energy Valuation, as well as analyze KLX Energy Alpha and Beta and KLX Energy Hype Analysis.
  
At present, KLX Energy's Net Debt To EBITDA is projected to drop slightly based on the last few years of reporting. The current year's Debt To Equity is expected to grow to 8.48, whereas Net Debt is forecasted to decline to about 230.3 M. At present, KLX Energy's Days Sales Outstanding is projected to increase slightly based on the last few years of reporting. The current year's Free Cash Flow Yield is expected to grow to 0.35, whereas Book Value Per Share is forecasted to decline to 2.36.
At this time, it appears that KLX Energy'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

Increased

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

Higher Leverage

Focus
Change In Outstending Shares

Increase

Focus
Change in Gross Margin

Increase

Focus

KLX Energy Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to KLX Energy is to make sure KLX is not a subject of accounting manipulations and runs a healthy internal audit department. So, if KLX Energy'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 KLX Energy's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.871.6458
Way Down
Slightly volatile
Net Debt230.3 M252.9 M
Significantly Down
Slightly volatile
Total Current Liabilities102.1 M164.1 M
Way Down
Slightly volatile
Non Current Liabilities Total237.8 M336.9 M
Way Down
Slightly volatile
Total Assets485.5 M539.8 M
Moderately Down
Slightly volatile
Total Current Assets209.5 M290.3 M
Way Down
Slightly volatile

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

About KLX Energy 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

2.36

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

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

About KLX Energy Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze KLX Energy Services's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of KLX Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of KLX Energy Services 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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When determining whether KLX Energy Services is a strong investment it is important to analyze KLX Energy'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 KLX Energy's future performance. For an informed investment choice regarding KLX Stock, refer to the following important reports:
Check out KLX Energy Altman Z Score, KLX Energy Correlation, KLX Energy Valuation, as well as analyze KLX Energy Alpha and Beta and KLX Energy Hype Analysis.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Oil & Gas Equipment & Services 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 KLX Energy. If investors know KLX 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 KLX Energy 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
(0.51)
Earnings Share
(2.98)
Revenue Per Share
45.556
Quarterly Revenue Growth
(0.14)
Return On Assets
(0.01)
The market value of KLX Energy Services is measured differently than its book value, which is the value of KLX that is recorded on the company's balance sheet. Investors also form their own opinion of KLX Energy's value that differs from its market value or its book value, called intrinsic value, which is KLX Energy'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 KLX Energy's market value can be influenced by many factors that don't directly affect KLX Energy'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 KLX Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if KLX Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KLX Energy'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.