Rbc Bearings Incorporated Stock Piotroski F Score

RBC Stock  USD 336.82  12.37  3.81%   
This module uses fundamental data of RBC Bearings to approximate its Piotroski F score. RBC Bearings F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of RBC Bearings Incorporated. 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 RBC Bearings financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out RBC Bearings Altman Z Score, RBC Bearings Correlation, RBC Bearings Valuation, as well as analyze RBC Bearings Alpha and Beta and RBC Bearings Hype Analysis.
  
At present, RBC Bearings' Net Debt is projected to increase significantly based on the last few years of reporting. The current year's Short Term Debt is expected to grow to about 17.3 M, whereas Long Term Debt is forecasted to decline to about 936.1 M. At present, RBC Bearings' Days Sales Outstanding is projected to slightly grow based on the last few years of reporting. The current year's Capex To Depreciation is expected to grow to 0.45, whereas PTB Ratio is forecasted to decline to 2.20.
At this time, it appears that RBC Bearings' 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..
5.0
Piotroski F Score - Healthy
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

Decrease

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

No Change

Focus

RBC Bearings Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to RBC Bearings is to make sure RBC is not a subject of accounting manipulations and runs a healthy internal audit department. So, if RBC Bearings' 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 RBC Bearings' financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.00880.0449
Way Down
Slightly volatile
Asset Turnover0.190.3335
Way Down
Slightly volatile
Gross Profit Margin0.380.3846
Fairly Down
Slightly volatile
Total Current Liabilities309 M294.3 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total1.7 B1.6 B
Sufficiently Up
Slightly volatile
Total Assets4.9 B4.7 B
Sufficiently Up
Slightly volatile
Total Current AssetsB965.5 M
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities288.4 M274.7 M
Sufficiently Up
Slightly volatile

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

About RBC Bearings 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

22.04 Million

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

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

About RBC Bearings Fundamental Analysis

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

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether RBC Bearings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of RBC Bearings' 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 Rbc Bearings Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rbc Bearings Incorporated Stock:
Is Electrical Components & Equipment 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 RBC Bearings. If investors know RBC 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 RBC Bearings 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
0.044
Earnings Share
6.87
Revenue Per Share
54.835
Quarterly Revenue Growth
0.032
Return On Assets
0.0475
The market value of RBC Bearings is measured differently than its book value, which is the value of RBC that is recorded on the company's balance sheet. Investors also form their own opinion of RBC Bearings' value that differs from its market value or its book value, called intrinsic value, which is RBC Bearings' 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 RBC Bearings' market value can be influenced by many factors that don't directly affect RBC Bearings' 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 RBC Bearings' value and its price as these two are different measures arrived at by different means. Investors typically determine if RBC Bearings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RBC Bearings' 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.