Lakeland Piotroski F Score

LKFN
 Stock
  

USD 77.64  0.54  0.69%   

This module uses fundamental data of Lakeland Financial to approximate its Piotroski F score. Lakeland Financial F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Lakeland Financial. 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 Lakeland Financial financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Additionally, see Lakeland Financial Altman Z Score, Lakeland Financial Correlation, Lakeland Financial Valuation, as well as analyze Lakeland Financial Alpha and Beta and Lakeland Financial Hype Analysis.
  
Lakeland Financial Long Term Debt is quite stable at the moment as compared to the past year. The company's current value of Long Term Debt is estimated at 36.76 Million. Total Debt is expected to rise to about 118.3 M this year, although the value of Issuance Repayment of Debt Securities will most likely fall to (11.3 M). Lakeland Financial Asset Turnover is quite stable at the moment as compared to the past year. The company's current value of Asset Turnover is estimated at 0.0472. Debt to Equity Ratio is expected to rise to 0.09 this year, although the value of Cash Flow Per Share will most likely fall to 3.59.
At this time, it appears that Lakeland Financial's Piotroski F Score is Poor. 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..
4.0
Piotroski F Score - Poor
1
Current Return On AssetsPositiveFocus
2
Change in Return on AssetsDecreasedFocus
3
Cash Flow Return on AssetsPositiveFocus
4
Current Quality of Earnings (accrual)DecreasingFocus
5
Asset Turnover GrowthIncreaseFocus
6
Current Ratio ChangeN/AFocus
7
Long Term Debt Over Assets ChangeHigher LeverageFocus
8
Change In Outstending SharesDecreaseFocus
9
Change in Gross MarginNo ChangeFocus

Lakeland Financial Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Lakeland Financial is to make sure Lakeland is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Lakeland Financial'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 Lakeland Financial's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares Diluted24.1 M25.6 M
Notably Down
Increasing
Slightly volatile
Weighted Average Shares23.9 M25.5 M
Notably Down
Increasing
Slightly volatile
Return on Average Assets1.381.5456
Fairly Down
Increasing
Slightly volatile
Net Cash Flow from Operations90.3 M113.8 M
Significantly Down
Increasing
Slightly volatile
Total Liabilities4.7 B5.9 B
Significantly Down
Increasing
Slightly volatile
Gross Margin0.890.9
Fairly Down
Decreasing
Slightly volatile
Total Debt118.3 M75 M
Way Up
Decreasing
Slightly volatile
Asset Turnover0.04720.0384
Fairly Up
Decreasing
Slightly volatile
Total Assets5.2 B6.6 B
Significantly Down
Increasing
Slightly volatile

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

About Lakeland Financial 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

25.08

Lakeland Financial Book Value per Share is quite stable at the moment as compared to the past year. The company's current value of Book Value per Share is estimated at 25.08

Lakeland Financial Current Valuation Drivers

We derive many important indicators used in calculating different scores of Lakeland Financial from analyzing Lakeland Financial's financial statements. These drivers represent accounts that assess Lakeland Financial's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Lakeland Financial's important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee106.36 K145.41 K153.25 K143.77 K155.41 K125.55 K
Revenue Per Employee374.22 K432.33 K458.11 K409.04 K386.26 K348.98 K
Average Assets4.46 B4.78 B4.94 B5.46 B6.26 B5.7 B
Earnings Before Interest Taxes and Depreciation Amortization EBITDA94.75 M104.6 M113.31 M109.92 M123.55 M114.22 M
Earnings Before Interest Taxes and Depreciation Amortization USD94.75 M104.6 M113.31 M109.92 M123.55 M114.22 M
Earnings before Tax89.63 M98.94 M107.39 M103.88 M117.44 M108.46 M
Average Equity454.62 M494.93 M572.7 M630.28 M679.22 M612.56 M
Enterprise Value1.19 B1.04 B1.15 B1.33 B1.55 B1.37 B
Free Cash Flow67.67 M97.47 M92.06 M82.17 M107.61 M95.72 M
Invested Capital4.68 B4.93 B5.01 B5.66 B5.94 B5.62 B
Invested Capital Average4.51 B4.82 B4.91 B5.39 B5.75 B5.42 B
Market Capitalization1.22 B1.02 B1.25 B1.38 B2.03 B1.65 B
Tangible Asset Value4.68 B4.87 B4.94 B5.83 B6.55 B5.95 B

About Lakeland Financial Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Lakeland Financial's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Lakeland Financial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Lakeland Financial 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.
Lakeland Financial Corporation operates as the bank holding company for Lake City Bank that provides various banking products and services. Lakeland Financial Corporation was founded in 1872 and is headquartered in Warsaw, Indiana. Lakeland Finl operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 600 people.
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 Lakeland Financial 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, Lakeland Financial's short interest history, or implied volatility extrapolated from Lakeland Financial options trading.

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Additionally, see Lakeland Financial Altman Z Score, Lakeland Financial Correlation, Lakeland Financial Valuation, as well as analyze Lakeland Financial Alpha and Beta and Lakeland Financial Hype Analysis. Note that the Lakeland Financial information on this page should be used as a complementary analysis to other Lakeland Financial'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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

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When running Lakeland Financial price analysis, check to measure Lakeland Financial'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 Lakeland Financial is operating at the current time. Most of Lakeland Financial's value examination focuses on studying past and present price action to predict the probability of Lakeland Financial's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Lakeland Financial's price. Additionally, you may evaluate how the addition of Lakeland Financial to your portfolios can decrease your overall portfolio volatility.
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Is Lakeland Financial'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 Lakeland Financial. If investors know Lakeland 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 Lakeland Financial 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
0.18
Market Capitalization
B
Quarterly Revenue Growth YOY
0.13
Return On Assets
0.0163
Return On Equity
0.17
The market value of Lakeland Financial is measured differently than its book value, which is the value of Lakeland that is recorded on the company's balance sheet. Investors also form their own opinion of Lakeland Financial's value that differs from its market value or its book value, called intrinsic value, which is Lakeland Financial'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 Lakeland Financial's market value can be influenced by many factors that don't directly affect Lakeland Financial'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 Lakeland Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine Lakeland Financial value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lakeland Financial'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.