This module uses fundamental data of National Australia to approximate its Piotroski F score. National Australia F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of National Australia Bank. 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 National Australia financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Australia Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
National
Piotroski F Score
Investments
Change In Cash
Free Cash Flow
Begin Period Cash Flow
Dividends Paid
Capital Expenditures
Total Cash From Operating Activities
Issuance Of Capital Stock
Net Income
End Period Cash Flow
Sale Purchase Of Stock
Total Assets
Total Stockholder Equity
Property Plant And Equipment Net
Net Debt
Retained Earnings
Accounts Payable
Cash
Common Stock Shares Outstanding
Total Liab
Net Invested Capital
Long Term Investments
Capital Stock
Intangible Assets
Tax Provision
Net Interest Income
Interest Income
Interest Expense
Selling General Administrative
Total Revenue
Net Income From Continuing Ops
Reconciled Depreciation
Income Before Tax
Minority Interest
Probability Of Bankruptcy
As of January 31, 2025, Net Debt is expected to decline to about 61.7 B. In addition to that, Short and Long Term Debt is expected to decline to about 127.7 B.
At this time, it appears that National Australia'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..
The critical factor to consider when applying the Piotroski F Score to National Australia is to make sure National is not a subject of accounting manipulations and runs a healthy internal audit department. So, if National Australia'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 National Australia's financial numbers are properly reported.
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 National Australia's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards National Australia in a much-optimized way.
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.
Net Debt
61.73 Billion
At present, National Australia's Net Debt is projected to decrease significantly based on the last few years of reporting.
About National Australia Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze National Australia Bank's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of National Australia using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of National Australia Bank 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.
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
National Australia financial ratios help investors to determine whether National 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 National with respect to the benefits of owning National Australia security.