State Street Corp Stock Piotroski F Score

STT Stock  USD 96.34  1.04  1.09%   
This module uses fundamental data of State Street to approximate its Piotroski F score. State Street F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of State Street Corp. 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 State Street financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out State Street Altman Z Score, State Street Correlation, State Street Valuation, as well as analyze State Street Alpha and Beta and State Street Hype Analysis.
  
At this time, State Street's Short and Long Term Debt Total is comparatively stable compared to the past year. Short and Long Term Debt is likely to gain to about 6.1 B in 2024, whereas Long Term Debt is likely to drop slightly above 8.6 B in 2024. At this time, State Street's Cash Per Share is comparatively stable compared to the past year. POCF Ratio is likely to gain to 38.00 in 2024, despite the fact that Free Cash Flow Yield is likely to grow to (0).
At this time, it appears that State Street'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..
6.0
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)

Decreasing

Focus
Asset Turnover Growth

Increase

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Increase

Focus
Change in Gross Margin

Increase

Focus

State Street Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to State Street is to make sure State is not a subject of accounting manipulations and runs a healthy internal audit department. So, if State Street'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 State Street's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.00940.0065
Way Up
Pretty Stable
Asset Turnover0.05710.0402
Significantly Up
Pretty Stable
Gross Profit Margin1.060.9643
Significantly Up
Very volatile
Total Current Liabilities2.5 B2.7 B
Notably Down
Slightly volatile
Non Current Liabilities Total284.3 B270.8 B
Sufficiently Up
Slightly volatile
Total Assets155.4 B297.3 B
Way Down
Slightly volatile
Total Current Assets78 B54.9 B
Significantly Up
Slightly volatile

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

About State Street 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

396.16 Million

At this time, State Street's Common Stock Shares Outstanding is comparatively stable compared to the past year.

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

About State Street Fundamental Analysis

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

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for State Stock Analysis

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