Mid Penn Bancorp Stock Piotroski F Score

MPB Stock  USD 30.12  0.74  2.40%   
This module uses fundamental data of Mid Penn to approximate its Piotroski F score. Mid Penn F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Mid Penn 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 Mid Penn financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Mid Penn Altman Z Score, Mid Penn Correlation, Mid Penn Valuation, as well as analyze Mid Penn Alpha and Beta and Mid Penn Hype Analysis.
  
At present, Mid Penn's Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting. The current year's Net Debt is expected to grow to about 333.3 M, whereas Long Term Debt Total is forecasted to decline to about 31.4 M. At present, Mid Penn's Price To Sales Ratio is projected to increase slightly based on the last few years of reporting. The current year's Dividend Yield is expected to grow to 0.04, whereas Free Cash Flow Yield is forecasted to decline to 0.07.
At this time, it appears that Mid Penn'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

Increase

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

Higher Leverage

Focus
Change In Outstending Shares

Increase

Focus
Change in Gross Margin

Increase

Focus

Mid Penn Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Mid Penn is to make sure Mid is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Mid Penn'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 Mid Penn's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.01020.0081
Significantly Up
Very volatile
Asset Turnover0.03990.0355
Moderately Up
Slightly volatile
Gross Profit Margin0.310.27
Fairly Up
Very volatile
Total Current Liabilities4.6 B4.3 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total5.7 B5.5 B
Sufficiently Up
Slightly volatile
Total Assets6.4 B6.1 B
Sufficiently Up
Slightly volatile
Total Current Assets114.6 M141 M
Significantly Down
Pretty Stable
Total Cash From Operating Activities62.7 M59.7 M
Sufficiently Up
Slightly volatile

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

About Mid Penn 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.

Common Stock Shares Outstanding

19.74 Million

At present, Mid Penn's Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting.

Mid Penn Current Valuation Drivers

We derive many important indicators used in calculating different scores of Mid Penn from analyzing Mid Penn's financial statements. These drivers represent accounts that assess Mid Penn's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Mid Penn's important valuation drivers and their relationship over time.
202020212022202320242025 (projected)
Market Cap184.8M343.0M476.9M396.2M356.6M374.4M
Enterprise Value282.9M322.8M592.9M707.0M636.3M668.1M

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

About Mid Penn Fundamental Analysis

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

Also Currently Popular

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When determining whether Mid Penn Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mid Penn's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mid Penn Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mid Penn Bancorp Stock:
Check out Mid Penn Altman Z Score, Mid Penn Correlation, Mid Penn Valuation, as well as analyze Mid Penn Alpha and Beta and Mid Penn Hype Analysis.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
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 Mid Penn. If investors know Mid 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 Mid Penn 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
0.328
Dividend Share
0.8
Earnings Share
2.9
Revenue Per Share
10.457
Quarterly Revenue Growth
0.1
The market value of Mid Penn Bancorp is measured differently than its book value, which is the value of Mid that is recorded on the company's balance sheet. Investors also form their own opinion of Mid Penn's value that differs from its market value or its book value, called intrinsic value, which is Mid Penn'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 Mid Penn's market value can be influenced by many factors that don't directly affect Mid Penn'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 Mid Penn's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mid Penn is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mid Penn'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.