Plains All American Stock Piotroski F Score

PAA Stock  USD 17.82  0.26  1.48%   
This module uses fundamental data of Plains All to approximate its Piotroski F score. Plains All F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Plains All American. 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 Plains All financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Plains All Altman Z Score, Plains All Correlation, Plains All Valuation, as well as analyze Plains All Alpha and Beta and Plains All Hype Analysis.
  
At present, Plains All's Short Term Debt is projected to decrease significantly based on the last few years of reporting. The current year's Long Term Debt Total is expected to grow to about 8.5 B, whereas Short and Long Term Debt Total is forecasted to decline to about 6 B. At present, Plains All's Price To Sales Ratio is projected to slightly decrease based on the last few years of reporting. The current year's PTB Ratio is expected to grow to 1.07, whereas Dividend Yield is forecasted to decline to 0.07.
At this time, it appears that Plains All'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

Decreased

Focus
Cash Flow Return on Assets

Positive

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Increase

Focus
Current Ratio Change

Increase

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

No Change

Focus

Plains All Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Plains All is to make sure Plains is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Plains All'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 Plains All's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover3.191.7807
Way Up
Slightly volatile
Gross Profit Margin0.03230.0351
Significantly Down
Very volatile
Net Debt5.5 B7.7 B
Way Down
Slightly volatile
Total Current Liabilities3.5 BB
Way Down
Slightly volatile
Non Current Liabilities Total5.7 B8.6 B
Way Down
Slightly volatile
Total Assets15.6 B27.4 B
Way Down
Slightly volatile
Total Current Assets3.3 B4.9 B
Way Down
Slightly volatile

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

About Plains All 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

378.88 Million

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

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

About Plains All Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Plains All American's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Plains All using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Plains All American 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 Plains All American offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Plains All'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 Plains All American Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Plains All American Stock:
Check out Plains All Altman Z Score, Plains All Correlation, Plains All Valuation, as well as analyze Plains All Alpha and Beta and Plains All Hype Analysis.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Oil & Gas Storage & Transportation 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 Plains All. If investors know Plains 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 Plains All 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
0.118
Dividend Share
1.27
Earnings Share
1.13
Revenue Per Share
71.827
Quarterly Revenue Growth
0.056
The market value of Plains All American is measured differently than its book value, which is the value of Plains that is recorded on the company's balance sheet. Investors also form their own opinion of Plains All's value that differs from its market value or its book value, called intrinsic value, which is Plains All'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 Plains All's market value can be influenced by many factors that don't directly affect Plains All'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 Plains All's value and its price as these two are different measures arrived at by different means. Investors typically determine if Plains All is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Plains All'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.