Nuveen Core Plus Stock Piotroski F Score

NPCT Stock  USD 11.26  0.18  1.62%   
This module uses fundamental data of Nuveen Core to approximate its Piotroski F score. Nuveen Core F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Nuveen Core Plus. 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 Nuveen Core financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Nuveen Core Altman Z Score, Nuveen Core Correlation, Nuveen Core Valuation, as well as analyze Nuveen Core Alpha and Beta and Nuveen Core Hype Analysis.
  
At this time, Nuveen Core's Short and Long Term Debt Total is comparatively stable compared to the past year. Net Debt To EBITDA is likely to gain to 6.31 in 2024, despite the fact that Net Debt is likely to grow to (598.50).
At this time, it appears that Nuveen Core's Piotroski F Score is Strong. 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..
7.0
Piotroski F Score - Strong
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

N/A

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

No Change

Focus

Nuveen Core Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Nuveen Core is to make sure Nuveen is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Nuveen Core'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 Nuveen Core's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Total Current Liabilities374.4 K394.1 K
Notably Down
Slightly volatile
Non Current Liabilities Total154.5 M122.7 M
Significantly Up
Slightly volatile
Total Assets529.6 M537 M
Fairly Down
Slightly volatile
Total Current Assets5.5 M6.5 M
Fairly Down
Slightly volatile
Total Cash From Operating Activities71.5 M58.9 M
Fairly Up
Slightly volatile

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

About Nuveen Core 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.

Short Long Term Debt Total

154.46 Million

At this time, Nuveen Core's Short and Long Term Debt Total is comparatively stable compared to the past year.

About Nuveen Core Fundamental Analysis

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

Thematic Opportunities

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Additional Tools for Nuveen Stock Analysis

When running Nuveen Core's price analysis, check to measure Nuveen Core'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 Nuveen Core is operating at the current time. Most of Nuveen Core's value examination focuses on studying past and present price action to predict the probability of Nuveen Core's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nuveen Core's price. Additionally, you may evaluate how the addition of Nuveen Core to your portfolios can decrease your overall portfolio volatility.