Invesco California Value Stock Piotroski F Score

VCV Stock  USD 10.24  0.02  0.19%   
This module uses fundamental data of Invesco California to approximate its Piotroski F score. Invesco California F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Invesco California Value. 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 Invesco California financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Invesco California Altman Z Score, Invesco California Correlation, Invesco California Valuation, as well as analyze Invesco California Alpha and Beta and Invesco California Hype Analysis.
  
At this time, Invesco California's Short and Long Term Debt Total is fairly stable compared to the past year. Net Debt To EBITDA is likely to climb to 10.33 in 2024, whereas Long Term Debt is likely to drop slightly above 338.5 M in 2024. At this time, Invesco California's Payout Ratio is fairly stable compared to the past year. ROE is likely to climb to 0.08 in 2024, whereas Days Sales Outstanding is likely to drop 96.75 in 2024.
At this time, it appears that Invesco California'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

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

Decrease

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

Increase

Focus

Invesco California Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Invesco California is to make sure Invesco is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Invesco California'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 Invesco California's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Net Debt193.2 M321.6 M
Way Down
Slightly volatile
Total Current Liabilities7.9 M4.1 M
Way Up
Slightly volatile
Non Current Liabilities Total294.6 M328.4 M
Moderately Down
Slightly volatile
Total AssetsB874.9 M
Fairly Up
Pretty Stable
Total Current Assets10.6 M16.4 M
Way Down
Pretty Stable
Total Cash From Operating Activities24.2 M16.2 M
Way Up
Very volatile

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

About Invesco California 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

38.37 Million

At this time, Invesco California's Common Stock Shares Outstanding is fairly stable compared to the past year.

About Invesco California Fundamental Analysis

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

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