Rexford Industrial Realty Stock Piotroski F Score

REXR Stock  USD 42.08  0.11  0.26%   
This module uses fundamental data of Rexford Industrial to approximate its Piotroski F score. Rexford Industrial F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Rexford Industrial Realty. 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 Rexford Industrial financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Rexford Industrial Altman Z Score, Rexford Industrial Correlation, Rexford Industrial Valuation, as well as analyze Rexford Industrial Alpha and Beta and Rexford Industrial Hype Analysis.
  
At this time, Rexford Industrial's Debt Ratio is relatively stable compared to the past year. As of 11/25/2024, Cash Flow To Debt Ratio is likely to grow to 0.20, while Short and Long Term Debt is likely to drop slightly above 536.4 M. At this time, Rexford Industrial's Average Inventory is relatively stable compared to the past year. As of 11/25/2024, POCF Ratio is likely to grow to 45.51, while Dividend Yield is likely to drop 0.02.
At this time, it appears that Rexford Industrial'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..
5.0
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

No Change

Focus

Rexford Industrial Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Rexford Industrial is to make sure Rexford is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Rexford Industrial'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 Rexford Industrial's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.08210.073
Moderately Up
Pretty Stable
Gross Profit Margin0.590.7688
Way Down
Very volatile
Net Debt2.3 B2.2 B
Sufficiently Up
Slightly volatile
Total Current Liabilities2.5 B2.4 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total391.8 M412.4 M
Notably Down
Slightly volatile
Total Assets11.5 B10.9 B
Sufficiently Up
Slightly volatile
Total Current Assets324.5 M309.1 M
Sufficiently Up
Slightly volatile

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

About Rexford Industrial 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.

Book Value Per Share

42.15

At this time, Rexford Industrial's Book Value Per Share is relatively stable compared to the past year.

Rexford Industrial Current Valuation Drivers

We derive many important indicators used in calculating different scores of Rexford Industrial from analyzing Rexford Industrial's financial statements. These drivers represent accounts that assess Rexford Industrial's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Rexford Industrial's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap4.9B5.9B11.3B9.3B11.4B12.0B
Enterprise Value5.6B7.0B12.7B11.2B13.6B14.3B

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

About Rexford Industrial Fundamental Analysis

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

Pair Trading with Rexford Industrial

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Rexford Industrial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Rexford Industrial will appreciate offsetting losses from the drop in the long position's value.

Moving together with Rexford Stock

  0.65O Realty IncomePairCorr

Moving against Rexford Stock

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The ability to find closely correlated positions to Rexford Industrial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Rexford Industrial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Rexford Industrial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Rexford Industrial Realty to buy it.
The correlation of Rexford Industrial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Rexford Industrial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Rexford Industrial Realty moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Rexford Industrial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Rexford Stock Analysis

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