Reinsurance Group Of Stock Piotroski F Score

RGA Stock  USD 230.70  1.53  0.67%   
This module uses fundamental data of Reinsurance Group to approximate its Piotroski F score. Reinsurance Group F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Reinsurance Group of. 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 Reinsurance Group financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Reinsurance Group Altman Z Score, Reinsurance Group Correlation, Reinsurance Group Valuation, as well as analyze Reinsurance Group Alpha and Beta and Reinsurance Group Hype Analysis.
  
At present, Reinsurance Group's Net Debt is projected to decrease significantly based on the last few years of reporting. The current year's Net Debt To EBITDA is expected to grow to 1.05, whereas Short and Long Term Debt Total is forecasted to decline to about 3 B. At present, Reinsurance Group's Price To Sales Ratio is projected to increase slightly based on the last few years of reporting. The current year's Dividend Yield is expected to grow to 0.02, whereas Days Sales Outstanding is forecasted to decline to 65.91.
At this time, it appears that Reinsurance Group's Piotroski F Score is Very 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..
9.0
Piotroski F Score - Very 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

Increase

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

Increase

Focus

Reinsurance Group Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Reinsurance Group is to make sure Reinsurance is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Reinsurance Group'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 Reinsurance Group's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.01560.0092
Way Up
Slightly volatile
Asset Turnover0.290.1903
Way Up
Slightly volatile
Gross Profit Margin1.070.9414
Fairly Up
Very volatile
Net Debt1.9 B1.5 B
Significantly Up
Slightly volatile
Non Current Liabilities Total92.9 B88.5 B
Sufficiently Up
Slightly volatile
Total Assets102.5 B97.6 B
Sufficiently Up
Slightly volatile
Total Current Assets2.8 BB
Notably Down
Pretty Stable
Total Cash From Operating Activities4.2 BB
Sufficiently Up
Slightly volatile

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

About Reinsurance Group 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

64.92 Million

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

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

About Reinsurance Group Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Reinsurance Group of's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Reinsurance Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Reinsurance Group of 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 Reinsurance Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Reinsurance Group'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 Reinsurance Group Of Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Reinsurance Group Of Stock:
Check out Reinsurance Group Altman Z Score, Reinsurance Group Correlation, Reinsurance Group Valuation, as well as analyze Reinsurance Group Alpha and Beta and Reinsurance Group Hype Analysis.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Reinsurance 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 Reinsurance Group. If investors know Reinsurance 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 Reinsurance Group 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
(0.46)
Dividend Share
3.44
Earnings Share
10.91
Revenue Per Share
329.91
Quarterly Revenue Growth
0.097
The market value of Reinsurance Group is measured differently than its book value, which is the value of Reinsurance that is recorded on the company's balance sheet. Investors also form their own opinion of Reinsurance Group's value that differs from its market value or its book value, called intrinsic value, which is Reinsurance Group'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 Reinsurance Group's market value can be influenced by many factors that don't directly affect Reinsurance Group'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 Reinsurance Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Reinsurance Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Reinsurance Group'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.