Alphabet Piotroski F Score

GOOGL
 Stock
  

USD 97.46  1.00  1.02%   

This module uses fundamental data of Alphabet to approximate its Piotroski F score. Alphabet F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Alphabet Cl A. 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 Alphabet financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Please check Alphabet Altman Z Score, Alphabet Correlation, Alphabet Valuation, as well as analyze Alphabet Alpha and Beta and Alphabet Hype Analysis.
  
Alphabet Total Debt is relatively stable at the moment as compared to the past year. The company's current value of Total Debt is estimated at 28.27 Billion. Debt Non Current is expected to hike to about 28.3 B this year, although the value of Debt Current will most likely fall to nearly 3.3 B. Alphabet Accrued Expenses Turnover is relatively stable at the moment as compared to the past year. The company's current value of Accrued Expenses Turnover is estimated at 12.91. Operating Margin is expected to hike to 31.01 this year, although the value of Inventory Turnover will most likely fall to 96.10.
At this time, it appears that Alphabet'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
1
Current Return On AssetsPositiveFocus
2
Change in Return on AssetsIncreasedFocus
3
Cash Flow Return on AssetsPositiveFocus
4
Current Quality of Earnings (accrual)DecreasingFocus
5
Asset Turnover GrowthDecreaseFocus
6
Current Ratio ChangeIncreaseFocus
7
Long Term Debt Over Assets ChangeHigher LeverageFocus
8
Change In Outstending SharesDecreaseFocus
9
Change in Gross MarginIncreaseFocus

Alphabet Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Alphabet is to make sure Alphabet is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Alphabet'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 Alphabet's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares Diluted12.7 B14.5 B
Fairly Down
Increasing
Slightly volatile
Weighted Average Shares11.8 B13.4 B
Fairly Down
Increasing
Slightly volatile
Return on Average Assets24.1722.3994
Significantly Up
Increasing
Slightly volatile
Net Cash Flow from Operations98.9 B91.7 B
Significantly Up
Increasing
Slightly volatile
Current Liabilities69.3 B64.3 B
Significantly Up
Increasing
Slightly volatile
Total Liabilities116.1 B107.6 B
Significantly Up
Increasing
Slightly volatile
Gross Margin64.2956.9398
Moderately Up
Decreasing
Slightly volatile
Total Debt28.3 B26.2 B
Significantly Up
Increasing
Slightly volatile
Asset Turnover0.660.759
Fairly Down
Increasing
Slightly volatile
Current Assets203 B188.1 B
Significantly Up
Increasing
Slightly volatile
Total Assets387.6 B359.3 B
Significantly Up
Increasing
Slightly volatile

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

About Alphabet 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.

Book Value per Share

16.12

Alphabet Book Value per Share is relatively stable at the moment as compared to the past year. The company's current value of Book Value per Share is estimated at 16.12

Alphabet Current Valuation Drivers

We derive many important indicators used in calculating different scores of Alphabet from analyzing Alphabet's financial statements. These drivers represent accounts that assess Alphabet's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Alphabet's important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee158.06 K311.18 K288.84 K296.81 K485.83 K524.19 K
Revenue Per Employee1.38 M1.39 M1.36 M1.35 M1.65 M1.41 M
Average Assets184.55 B218.22 B260.35 B292.69 B342.29 B284.2 B
Earnings Before Interest Taxes and Depreciation Amortization EBITDA32.91 B42.18 B49.08 B60.05 B102.02 B110.08 B
Earnings Before Interest Taxes and Depreciation Amortization USD34.22 B44.06 B51.51 B61.91 B103.52 B111.69 B
Earnings before Tax27.19 B34.91 B39.62 B48.08 B90.73 B97.9 B
Average Equity150.71 B167.57 B193.02 B211.61 B240.94 B206.18 B
Enterprise Value725.29 B717.28 B921.48 B1,190.29 B1,924.99 B2,076.96 B
Free Cash Flow23.91 B22.83 B30.97 B42.84 B67.01 B72.3 B
Invested Capital146.93 B165.38 B204.35 B238.78 B275.9 B223.87 B
Invested Capital Average135.45 B157.58 B196.6 B221.99 B260.86 B211 B
Market Capitalization731.9 B726.73 B923.76 B1,185.53 B1,922.95 B2,074.76 B
Tangible Asset Value177.86 B212.68 B253.31 B297 B334.89 B275.89 B
Working Capital100.12 B101.06 B107.36 B117.46 B123.89 B113.53 B

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

About Alphabet Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Alphabet Cl A's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Alphabet using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Alphabet Cl A 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.
Alphabet Inc. provides various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. The company was founded in 1998 and is headquartered in Mountain View, California. Alphabet operates under Internet Content Information classification in the United States and is traded on NASDAQ Exchange. It employs 174014 people.

Alphabet Investors Sentiment

The influence of Alphabet's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Alphabet. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Alphabet's public news can be used to forecast risks associated with investment in Alphabet. The trend in average sentiment can be used to explain how an investor holding Alphabet can time the market purely based on public headlines and social activities around Alphabet Cl A. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Alphabet's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Alphabet's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Alphabet's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Alphabet.

Alphabet Implied Volatility

    
  34.1  
Alphabet's implied volatility exposes the market's sentiment of Alphabet Cl A stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Alphabet's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Alphabet stock will not fluctuate a lot when Alphabet's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Alphabet in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Alphabet's short interest history, or implied volatility extrapolated from Alphabet options trading.

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Alphabet Cl A using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please check Alphabet Altman Z Score, Alphabet Correlation, Alphabet Valuation, as well as analyze Alphabet Alpha and Beta and Alphabet Hype Analysis. Note that the Alphabet Cl A information on this page should be used as a complementary analysis to other Alphabet's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

Complementary Tools for Alphabet Stock analysis

When running Alphabet Cl A price analysis, check to measure Alphabet'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 Alphabet is operating at the current time. Most of Alphabet's value examination focuses on studying past and present price action to predict the probability of Alphabet's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Alphabet's price. Additionally, you may evaluate how the addition of Alphabet to your portfolios can decrease your overall portfolio volatility.
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Go
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Go
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Go
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Go
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Go
Is Alphabet's industry 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 Alphabet. If investors know Alphabet 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 Alphabet 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 YOY
(0.24) 
Market Capitalization
1262.3 B
Quarterly Revenue Growth YOY
0.061
Return On Assets
0.14
Return On Equity
0.27
The market value of Alphabet Cl A is measured differently than its book value, which is the value of Alphabet that is recorded on the company's balance sheet. Investors also form their own opinion of Alphabet's value that differs from its market value or its book value, called intrinsic value, which is Alphabet'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 Alphabet's market value can be influenced by many factors that don't directly affect Alphabet'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 Alphabet's value and its price as these two are different measures arrived at by different means. Investors typically determine Alphabet value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alphabet'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.