Fidelity Piotroski F Score

FNF
 Stock
  

USD 37.42  1.12  2.91%   

This module uses fundamental data of Fidelity National to approximate its Piotroski F score. Fidelity National F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Fidelity National 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 Fidelity National financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Please check Fidelity National Altman Z Score, Fidelity National Correlation, Fidelity National Valuation, as well as analyze Fidelity National Alpha and Beta and Fidelity National Hype Analysis.
  
Fidelity National Debt to Equity Ratio is projected to slightly decrease based on the last few years of reporting. The past year's Debt to Equity Ratio was at 0.33. Fidelity National PPandE Turnover is projected to increase significantly based on the last few years of reporting. The past year's PPandE Turnover was at 85.72. The current year Accrued Expenses Turnover is expected to grow to 8.43, whereas Dividends per Basic Common Share is forecasted to decline to 1.38.
At this time, it appears that Fidelity National'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
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 GrowthIncreaseFocus
6
Current Ratio ChangeN/AFocus
7
Long Term Debt Over Assets ChangeLower LeverageFocus
8
Change In Outstending SharesDecreaseFocus
9
Change in Gross MarginIncreaseFocus

Fidelity National Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Fidelity National is to make sure Fidelity is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Fidelity National'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 Fidelity National's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares Diluted257.3 M287 M
Moderately Down
Increasing
Slightly volatile
Weighted Average Shares254.2 M285 M
Fairly Down
Increasing
Slightly volatile
Return on Average Assets4.624.3583
Notably Up
Increasing
Stable
Net Cash Flow from Operations4.4 B4.1 B
Significantly Up
Increasing
Slightly volatile
Total Liabilities55.3 B51.3 B
Significantly Up
Increasing
Slightly volatile
Gross Margin1.00.863
Fairly Up
Increasing
Very volatile
Total Debt2.9 B3.5 B
Significantly Down
Increasing
Slightly volatile
Asset Turnover0.290.2815
Fairly Up
Decreasing
Slightly volatile
Total Assets65.5 B60.7 B
Significantly Up
Increasing
Slightly volatile

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

About Fidelity National 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

254.19 Million

Fidelity National 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 285 Million

Fidelity National Current Valuation Drivers

We derive many important indicators used in calculating different scores of Fidelity National from analyzing Fidelity National's financial statements. These drivers represent accounts that assess Fidelity National's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Fidelity National's important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee31.64 K26.8 K42.37 K52.59 K85.61 K92.37 K
Revenue Per Employee314.48 K324.03 K337.91 K397.24 K552.95 K596.61 K
Average Assets12.01 B9.24 B10.23 B39.64 B56.3 B60.75 B
Earnings Before Interest Taxes and Depreciation Amortization EBITDA1.44 B973 M1.59 B2.13 B3.89 B4.2 B
Earnings Before Interest Taxes and Depreciation Amortization USD1.44 B973 M1.59 B2.13 B3.89 B4.2 B
Earnings before Tax1.01 B748 M1.37 B1.75 B3.13 B3.38 B
Average Equity5.43 B4.59 B5.06 B6.75 B8.94 B7.89 B
Enterprise Value10.38 B8.07 B12.2 B11.7 B13.2 B12.59 B
Free Cash Flow592 M881 M1.03 B1.48 B3.96 B4.27 B
Invested Capital5.04 B5.24 B7.03 B43.65 B52.34 B56.48 B
Invested Capital Average7.05 B5.1 B6.5 B33.72 B48.24 B52.05 B
Market Capitalization10.72 B8.65 B12.47 B11.48 B14.85 B13.26 B
Tangible Asset Value5.39 B5.66 B7.12 B43.29 B53.19 B57.39 B

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

About Fidelity National Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Fidelity National Financial's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Fidelity National using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Fidelity National 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.
Fidelity National Financial, Inc., together with its subsidiaries, provides various insurance products in the United States. Fidelity National Financial, Inc. was founded in 1847 and is headquartered in Jacksonville, Florida. Fidelity National operates under InsuranceSpecialty classification in the United States and is traded on New York Stock Exchange. It employs 28290 people.

Fidelity National Investors Sentiment

The influence of Fidelity National'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 Fidelity. 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 Fidelity National's public news can be used to forecast risks associated with investment in Fidelity. The trend in average sentiment can be used to explain how an investor holding Fidelity can time the market purely based on public headlines and social activities around Fidelity National Financial. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Fidelity National'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 Fidelity National'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 Fidelity National's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Fidelity National.
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 Fidelity National 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, Fidelity National's short interest history, or implied volatility extrapolated from Fidelity National 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 Fidelity National 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.

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Please check Fidelity National Altman Z Score, Fidelity National Correlation, Fidelity National Valuation, as well as analyze Fidelity National Alpha and Beta and Fidelity National Hype Analysis. You can also try Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.

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Is Fidelity National'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 Fidelity National. If investors know Fidelity 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 Fidelity National 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
(0.59) 
Market Capitalization
11 B
Quarterly Revenue Growth YOY
(0.17) 
Return On Assets
0.0239
Return On Equity
21.28
The market value of Fidelity National is measured differently than its book value, which is the value of Fidelity that is recorded on the company's balance sheet. Investors also form their own opinion of Fidelity National's value that differs from its market value or its book value, called intrinsic value, which is Fidelity National'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 Fidelity National's market value can be influenced by many factors that don't directly affect Fidelity National'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 Fidelity National's value and its price as these two are different measures arrived at by different means. Investors typically determine Fidelity National value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity National'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.