Veris Residential Stock Piotroski F Score

VRE Stock  USD 18.43  0.04  0.22%   
This module uses fundamental data of Veris Residential to approximate its Piotroski F score. Veris Residential F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Veris Residential. 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 Veris Residential financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Veris Residential Altman Z Score, Veris Residential Correlation, Veris Residential Valuation, as well as analyze Veris Residential Alpha and Beta and Veris Residential Hype Analysis.
For information on how to trade Veris Stock refer to our How to Trade Veris Stock guide.
  
At present, Veris Residential's Net 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 2 B, whereas Debt To Equity is forecasted to decline to 1.06. At present, Veris Residential's Free Cash Flow Yield is projected to slightly decrease based on the last few years of reporting. The current year's Stock Based Compensation To Revenue is expected to grow to 0.08, whereas Dividend Yield is forecasted to decline to 0.
At this time, it appears that Veris Residential's Piotroski F Score is 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..
7.0
Piotroski F Score - Strong
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

Increase

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

Veris Residential Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Veris Residential is to make sure Veris is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Veris Residential'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 Veris Residential's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.140.0863
Way Up
Slightly volatile
Gross Profit Margin0.670.561
Fairly Up
Pretty Stable
Net DebtB1.8 B
Significantly Up
Slightly volatile
Total Current Liabilities78.5 M82.6 M
Notably Down
Very volatile
Non Current Liabilities TotalB1.9 B
Notably Up
Slightly volatile
Total Assets4.2 B3.2 B
Significantly Up
Slightly volatile
Total Current Assets3.2 BB
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities43.3 M45.5 M
Notably Down
Slightly volatile

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

About Veris Residential 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

85.23 Million

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

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

About Veris Residential Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Veris Residential's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Veris Residential using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Veris Residential 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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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 Veris Residential is a strong investment it is important to analyze Veris Residential'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 Veris Residential's future performance. For an informed investment choice regarding Veris Stock, refer to the following important reports:
Check out Veris Residential Altman Z Score, Veris Residential Correlation, Veris Residential Valuation, as well as analyze Veris Residential Alpha and Beta and Veris Residential Hype Analysis.
For information on how to trade Veris Stock refer to our How to Trade Veris Stock guide.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Is Real Estate Management & Development 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 Veris Residential. If investors know Veris 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 Veris Residential listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share
0.235
Earnings Share
(0.67)
Revenue Per Share
3.171
Quarterly Revenue Growth
0.016
Return On Assets
0.0074
The market value of Veris Residential is measured differently than its book value, which is the value of Veris that is recorded on the company's balance sheet. Investors also form their own opinion of Veris Residential's value that differs from its market value or its book value, called intrinsic value, which is Veris Residential'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 Veris Residential's market value can be influenced by many factors that don't directly affect Veris Residential'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 Veris Residential's value and its price as these two are different measures arrived at by different means. Investors typically determine if Veris Residential is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Veris Residential'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.