Enterprise Piotroski F Score

EPD
 Stock
  

USD 24.85  0.04  0.16%   

This module uses fundamental data of Enterprise Products to approximate its Piotroski F score. Enterprise Products F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Enterprise Products Partners. 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 Enterprise Products financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Continue to Enterprise Products Altman Z Score, Enterprise Products Correlation, Enterprise Products Valuation, as well as analyze Enterprise Products Alpha and Beta and Enterprise Products Hype Analysis.
  
The current year Debt Current is expected to grow to about 1.7 B, whereas Total Debt is forecasted to decline to about 28.9 B. Enterprise Products Book Value per Share is projected to slightly grow based on the last few years of reporting. The past year's Book Value per Share was at 11.61. The current year Dividends per Basic Common Share is expected to grow to 1.84, whereas Debt to Equity Ratio is forecasted to decline to 1.50.
At this time, it appears that Enterprise Products' 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)ImprovingFocus
5
Asset Turnover GrowthIncreaseFocus
6
Current Ratio ChangeDecreaseFocus
7
Long Term Debt Over Assets ChangeLower LeverageFocus
8
Change In Outstending SharesIncreaseFocus
9
Change in Gross MarginNo ChangeFocus

Enterprise Products Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Enterprise Products is to make sure Enterprise is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Enterprise Products' 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 Enterprise Products' financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares Diluted276.8 M276.6 M
Slightly Up
Increasing
Slightly volatile
Weighted Average Shares2.3 B2.2 B
Notably Up
Increasing
Slightly volatile
Return on Average Assets0.07360.07
Sufficiently Up
Increasing
Stable
Net Cash Flow from Operations7.3 B8.5 B
Fairly Down
Increasing
Slightly volatile
Current Liabilities11 B11.6 B
Notably Down
Increasing
Slightly volatile
Total Liabilities39.3 B41.1 B
Sufficiently Down
Increasing
Slightly volatile
Gross Margin0.140.14
Steady
Increasing
Slightly volatile
Total Debt28.9 B29.5 B
Fairly Down
Increasing
Slightly volatile
Asset Turnover0.660.617
Notably Up
Decreasing
Slightly volatile
Current Assets11.1 B13.3 B
Fairly Down
Increasing
Slightly volatile
Total Assets65.2 B67.5 B
Sufficiently Down
Increasing
Slightly volatile

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

About Enterprise Products 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.

Weighted Average Shares

2.32 Billion

Enterprise Products Weighted Average Shares is projected to increase significantly based on the last few years of reporting. The past year's Weighted Average Shares was at 2.18 Billion

Enterprise Products Current Valuation Drivers

We derive many important indicators used in calculating different scores of Enterprise Products from analyzing Enterprise Products' financial statements. These drivers represent accounts that assess Enterprise Products' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Enterprise Products' important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Average Assets52.64 B56.63 B59.97 B63.01 B66.16 B63.64 B
Earnings Before Interest Taxes and Depreciation Amortization EBITDA5.45 B7.12 B7.62 B6.78 B7.87 B7.44 B
Earnings Before Interest Taxes and Depreciation Amortization USD5.45 B7.12 B7.62 B6.78 B7.87 B7.44 B
Earnings before Tax2.83 B4.23 B4.64 B3.65 B4.71 B4.32 B
Average Equity22.53 B23.09 B24.44 B24.82 B25 B24.56 B
Enterprise Value81.69 B79.31 B88.38 B71.49 B75.09 B83.42 B
Free Cash Flow1.56 B1.9 B1.99 B2.6 B6.29 B6.79 B
Invested Capital60.19 B66.22 B70.62 B75.07 B73.87 B72.23 B
Invested Capital Average58.92 B63.6 B69.42 B74.45 B73.86 B71.54 B
Market Capitalization57.07 B53.67 B61.65 B42.76 B47.92 B56.18 B
Tangible Asset Value44.98 B47.62 B52.54 B55.35 B58.93 B56.22 B
Working Capital(2.79 B)(1.11 B)(1.27 B)921.4 M1.65 B1.77 B

About Enterprise Products Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Enterprise Products Partners's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Enterprise Products using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Enterprise Products Partners 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.
Enterprise Products Partners L.P. provides midstream energy services to producers and consumers of natural gas, natural gas liquids , crude oil, petrochemicals, and refined products. The company was founded in 1968 and is headquartered in Houston, Texas. Enterprise Products operates under Oil Gas Midstream classification in the United States and is traded on New York Stock Exchange.

Be your own money manager

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Continue to Enterprise Products Altman Z Score, Enterprise Products Correlation, Enterprise Products Valuation, as well as analyze Enterprise Products Alpha and Beta and Enterprise Products Hype Analysis. You can also try Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

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When running Enterprise Products price analysis, check to measure Enterprise Products' 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 Enterprise Products is operating at the current time. Most of Enterprise Products' value examination focuses on studying past and present price action to predict the probability of Enterprise Products' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Enterprise Products' price. Additionally, you may evaluate how the addition of Enterprise Products to your portfolios can decrease your overall portfolio volatility.
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Is Enterprise Products' 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 Enterprise Products. If investors know Enterprise 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 Enterprise Products 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
54.1 B
Quarterly Revenue Growth YOY
0.43
Return On Assets
0.0573
Return On Equity
0.2
The market value of Enterprise Products is measured differently than its book value, which is the value of Enterprise that is recorded on the company's balance sheet. Investors also form their own opinion of Enterprise Products' value that differs from its market value or its book value, called intrinsic value, which is Enterprise Products' 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 Enterprise Products' market value can be influenced by many factors that don't directly affect Enterprise Products' 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 Enterprise Products' value and its price as these two are different measures arrived at by different means. Investors typically determine Enterprise Products value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enterprise Products' 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.