Tortoise Energy Infrastructure Stock Piotroski F Score

TYG Stock  USD 44.74  0.51  1.15%   
This module uses fundamental data of Tortoise Energy to approximate its Piotroski F score. Tortoise Energy F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Tortoise Energy Infrastructure. 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 Tortoise Energy financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Tortoise Energy Altman Z Score, Tortoise Energy Correlation, Tortoise Energy Valuation, as well as analyze Tortoise Energy Alpha and Beta and Tortoise Energy Hype Analysis.
  
At this time, Tortoise Energy's Long Term Debt To Capitalization is most likely to slightly decrease in the upcoming years. The Tortoise Energy's current Total Debt To Capitalization is estimated to increase to 0.28, while Net Debt is projected to decrease to roughly 78.8 M. At this time, Tortoise Energy's Operating Cash Flow Per Share is most likely to increase significantly in the upcoming years. The Tortoise Energy's current Free Cash Flow Per Share is estimated to increase to 7.96, while Dividend Yield is projected to decrease to 0.07.
At this time, it appears that Tortoise Energy'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..
5.0
Piotroski F Score - Unavailable
Current Return On Assets

Negative

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

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

Tortoise Energy Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Tortoise Energy is to make sure Tortoise is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Tortoise Energy'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 Tortoise Energy's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Net Debt78.8 M82.9 M
Notably Down
Slightly volatile
Total Current Liabilities6.3 M6.6 M
Notably Down
Slightly volatile
Non Current Liabilities Total61.6 M64.9 M
Notably Down
Slightly volatile
Total Assets538.2 M566.5 M
Notably Down
Slightly volatile
Total Current Assets1.1 M1.1 M
Notably Down
Slightly volatile

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

About Tortoise Energy 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

15.21 Million

At this time, Tortoise Energy's Common Stock Shares Outstanding is most likely to decrease significantly in the upcoming years.

Tortoise Energy Current Valuation Drivers

We derive many important indicators used in calculating different scores of Tortoise Energy from analyzing Tortoise Energy's financial statements. These drivers represent accounts that assess Tortoise Energy's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Tortoise Energy's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap262.0M325.3M397.6M302.6M348.0M330.6M
Enterprise Value363.0M428.3M509.9M374.7M430.9M409.4M

About Tortoise Energy Fundamental Analysis

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

Currently Active Assets on Macroaxis

When determining whether Tortoise Energy Infr is a strong investment it is important to analyze Tortoise Energy'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 Tortoise Energy's future performance. For an informed investment choice regarding Tortoise Stock, refer to the following important reports:
Check out Tortoise Energy Altman Z Score, Tortoise Energy Correlation, Tortoise Energy Valuation, as well as analyze Tortoise Energy Alpha and Beta and Tortoise Energy Hype Analysis.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Asset Management & Custody Banks 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 Tortoise Energy. If investors know Tortoise 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 Tortoise Energy 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
1.097
Dividend Share
2.84
Earnings Share
9.76
Revenue Per Share
1.265
Quarterly Revenue Growth
(0.25)
The market value of Tortoise Energy Infr is measured differently than its book value, which is the value of Tortoise that is recorded on the company's balance sheet. Investors also form their own opinion of Tortoise Energy's value that differs from its market value or its book value, called intrinsic value, which is Tortoise Energy'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 Tortoise Energy's market value can be influenced by many factors that don't directly affect Tortoise Energy'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 Tortoise Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tortoise Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tortoise Energy'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.