Companhia Siderurgica Nacional Stock Piotroski F Score

SID Stock  USD 1.96  0.04  2.00%   
This module uses fundamental data of Companhia Siderurgica to approximate its Piotroski F score. Companhia Siderurgica F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Companhia Siderurgica Nacional. 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 Companhia Siderurgica financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Companhia Siderurgica Altman Z Score, Companhia Siderurgica Correlation, Companhia Siderurgica Valuation, as well as analyze Companhia Siderurgica Alpha and Beta and Companhia Siderurgica Hype Analysis.
  
At present, Companhia Siderurgica's Short Term Debt is projected to increase significantly based on the last few years of reporting. The current year's Long Term Debt is expected to grow to about 39.1 B, whereas Short and Long Term Debt is forecasted to decline to about 6.7 B. At present, Companhia Siderurgica's Book Value Per Share is projected to increase based on the last few years of reporting. The current year's Free Cash Flow Yield is expected to grow to 0.12, whereas Dividend Yield is forecasted to decline to 0.11.
At this time, it appears that Companhia Siderurgica's Piotroski F Score is Unavailable. 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..
6.0
Piotroski F Score - Unavailable
Current Return On Assets

Negative

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

Decrease

Focus
Current Ratio Change

Increase

Focus
Long Term Debt Over Assets Change

Higher Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

Increase

Focus

Companhia Siderurgica Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Companhia Siderurgica is to make sure Companhia is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Companhia Siderurgica'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 Companhia Siderurgica's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.340.4964
Way Down
Slightly volatile
Gross Profit Margin0.430.2633
Way Up
Very volatile
Net Debt15.6 B29.5 B
Way Down
Slightly volatile
Total Current Liabilities26.3 B25 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total24 B46.8 B
Way Down
Slightly volatile
Total Assets96.1 B91.5 B
Sufficiently Up
Slightly volatile
Total Current Assets34.7 B33.1 B
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities7.7 B7.3 B
Sufficiently Up
Slightly volatile

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

About Companhia Siderurgica 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

1.26 Billion

At present, Companhia Siderurgica's Common Stock Shares Outstanding is projected to decrease significantly based on the last few years of reporting.

Companhia Siderurgica Current Valuation Drivers

We derive many important indicators used in calculating different scores of Companhia Siderurgica from analyzing Companhia Siderurgica's financial statements. These drivers represent accounts that assess Companhia Siderurgica's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Companhia Siderurgica's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap19.5B44.0B34.4B19.3B25.7B13.4B
Enterprise Value46.8B69.8B50.9B48.9B55.3B58.1B

About Companhia Siderurgica Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Companhia Siderurgica Nacional's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Companhia Siderurgica using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Companhia Siderurgica Nacional 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 Companhia Siderurgica is a strong investment it is important to analyze Companhia Siderurgica's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Companhia Siderurgica's future performance. For an informed investment choice regarding Companhia Stock, refer to the following important reports:
Is Metals & Mining 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 Companhia Siderurgica. If investors know Companhia 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 Companhia Siderurgica 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
33.206
Dividend Share
0.716
Earnings Share
(0.09)
Revenue Per Share
32.926
Quarterly Revenue Growth
(0.01)
The market value of Companhia Siderurgica is measured differently than its book value, which is the value of Companhia that is recorded on the company's balance sheet. Investors also form their own opinion of Companhia Siderurgica's value that differs from its market value or its book value, called intrinsic value, which is Companhia Siderurgica'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 Companhia Siderurgica's market value can be influenced by many factors that don't directly affect Companhia Siderurgica'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 Companhia Siderurgica's value and its price as these two are different measures arrived at by different means. Investors typically determine if Companhia Siderurgica is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Companhia Siderurgica'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.