Johnson Piotroski F Score

JNJ
 Stock
  

USD 169.31  2.54  1.52%   

This module uses fundamental data of Johnson Johnson to approximate its Piotroski F score. Johnson Johnson F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Johnson Johnson. 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 Johnson Johnson financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Please see Johnson Johnson Altman Z Score, Johnson Johnson Correlation, Johnson Johnson Valuation, as well as analyze Johnson Johnson Alpha and Beta and Johnson Johnson Hype Analysis.
  
The current Total Debt is estimated to increase to about 36 B. The current Debt Current is estimated to increase to about 4 B. Johnson Johnson Receivables Turnover is increasing as compared to previous years. The last year's value of Receivables Turnover was reported at 6.52. The current Inventory Turnover is estimated to increase to 3.17, while Return on Investment is projected to decrease to 22.01.
At this time, it appears that Johnson Johnson'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 AssetsDecreasedFocus
3
Cash Flow Return on AssetsPositiveFocus
4
Current Quality of Earnings (accrual)ImprovingFocus
5
Asset Turnover GrowthIncreaseFocus
6
Current Ratio ChangeIncreaseFocus
7
Long Term Debt Over Assets ChangeHigher LeverageFocus
8
Change In Outstending SharesIncreaseFocus
9
Change in Gross MarginIncreaseFocus

Johnson Johnson Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Johnson Johnson is to make sure Johnson is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Johnson Johnson'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 Johnson Johnson's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares2.8 B2.6 B
Notably Up
Decreasing
Slightly volatile
Weighted Average Shares Diluted2.9 B2.7 B
Notably Up
Decreasing
Slightly volatile
Net Cash Flow from Operations23.4 B23.4 B
Slightly Down
Increasing
Slightly volatile
Total Assets178.6 B182 B
Fairly Down
Increasing
Slightly volatile
Total Liabilities108 B108 B
Slightly Down
Increasing
Slightly volatile
Current Assets54.8 B61 B
Moderately Down
Decreasing
Very volatile
Current Liabilities39.9 B45.2 B
Fairly Down
Increasing
Slightly volatile
Total Debt36 B33.8 B
Notably Up
Increasing
Slightly volatile
Return on Average Assets0.06680.118
Way Down
Decreasing
Very volatile
Gross Margin0.710.682
Sufficiently Up
Decreasing
Very volatile
Asset Turnover0.540.528
Fairly Up
Decreasing
Slightly volatile

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

About Johnson Johnson 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

2.8 Billion

Johnson Johnson Weighted Average Shares is decreasing as compared to previous years. The last year's value of Weighted Average Shares was reported at 2.63 Billion

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

About Johnson Johnson Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Johnson Johnson's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Johnson Johnson using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Johnson Johnson 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.
Johnson Johnson, together with its subsidiaries, researches and develops, manufactures, and sells various products in the healthcare field worldwide. The company was founded in 1886 and is based in New Brunswick, New Jersey. Johnson Johnson operates under Drug ManufacturersGeneral classification in the United States and is traded on New York Stock Exchange. It employs 141700 people.

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Please see Johnson Johnson Altman Z Score, Johnson Johnson Correlation, Johnson Johnson Valuation, as well as analyze Johnson Johnson Alpha and Beta and Johnson Johnson Hype Analysis. Note that the Johnson Johnson information on this page should be used as a complementary analysis to other Johnson Johnson'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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Is Johnson Johnson'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 Johnson Johnson. If investors know Johnson 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 Johnson Johnson 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
-0.23
Market Capitalization
440.6 B
Quarterly Revenue Growth YOY
0.03
Return On Assets
0.089
Return On Equity
0.25
The market value of Johnson Johnson is measured differently than its book value, which is the value of Johnson that is recorded on the company's balance sheet. Investors also form their own opinion of Johnson Johnson's value that differs from its market value or its book value, called intrinsic value, which is Johnson Johnson'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 Johnson Johnson's market value can be influenced by many factors that don't directly affect Johnson Johnson'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 Johnson Johnson's value and its price as these two are different measures arrived at by different means. Investors typically determine Johnson Johnson value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Johnson Johnson'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.