Northwest Piotroski F Score

NWBI -  USA Stock  

USD 12.60  0.28  2.17%

This module uses fundamental data of Northwest Bancshares to approximate its Piotroski F score. Northwest Bancshares F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Northwest Bancshares. 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 Northwest Bancshares financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Additionally, see Northwest Bancshares Altman Z Score, Northwest Bancshares Correlation, Northwest Bancshares Valuation, as well as analyze Northwest Bancshares Alpha and Beta and Northwest Bancshares Hype Analysis.
  
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The current Long Term Debt is estimated to increase to about 259.3 M. The current Total Debt is estimated to increase to about 509.8 M. Northwest Bancshares Cash and Equivalents Turnover is most likely to increase slightly in the upcoming years. The last year's value of Cash and Equivalents Turnover was reported at 0.56. The current Revenue to Assets is estimated to increase to 0.0478, while PPandE Turnover is projected to decrease to 3.16.
At this time, it appears that Northwest Bancshares' 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

Northwest Bancshares Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Northwest Bancshares is to make sure Northwest is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Northwest Bancshares' 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 Northwest Bancshares' financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares109.7 M126.2 M
Fairly Down
Increasing
Slightly volatile
Weighted Average Shares Diluted110.4 M127 M
Fairly Down
Increasing
Slightly volatile
Net Cash Flow from Operations162.7 M205.5 M
Significantly Down
Increasing
Slightly volatile
Total Assets11.7 B14.5 B
Significantly Down
Increasing
Slightly volatile
Total Liabilities10.3 B12.9 B
Significantly Down
Increasing
Slightly volatile
Total Debt509.8 M371.4 M
Significantly Up
Decreasing
Slightly volatile
Return on Average Assets0.931.0903
Fairly Down
Increasing
Slightly volatile
Gross Margin0.890.9
Fairly Down
Decreasing
Slightly volatile
Asset Turnover0.04890.0397
Fairly Up
Decreasing
Slightly volatile

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

About Northwest Bancshares 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

14.53

Share
Northwest Bancshares Book Value per Share is most likely to increase slightly in the upcoming years. The last year's value of Book Value per Share was reported at 14.59

Northwest Bancshares Current Valuation Drivers

We derive many important indicators used in calculating different scores of Northwest Bancshares from analyzing Northwest Bancshares' financial statements. These drivers represent accounts that assess Northwest Bancshares' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Northwest Bancshares' important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee41.91 K46.72 K47.34 K29.59 K63.95 K69 K
Revenue Per Employee208.22 K207.03 K221.51 K223.85 K232.66 K205.26 K
Average Assets9.3 B9.51 B9.57 B10.47 B12.04 B11.39 B
Earnings Before Interest Taxes and Depreciation Amortization EBITDA86.74 M150.2 M142.03 M144.94 M166.68 M152.01 M
Earnings Before Interest Taxes and Depreciation Amortization USD86.74 M150.2 M142.03 M144.94 M166.68 M152.01 M
Earnings before Tax71.31 M135.91 M133.91 M141.11 M162.28 M143.82 M
Average Equity1.16 B1.2 B1.24 B1.34 B1.54 B1.5 B
Enterprise Value1.78 B1.8 B1.99 B2.07 B2.38 B2.32 B
Free Cash Flow120.48 M148.08 M133.68 M116.56 M134.05 M133.06 M
Invested Capital9.18 B9.21 B9.6 B10.48 B12.05 B11.52 B
Invested Capital Average9.38 B9.24 B9.43 B10.37 B11.92 B11.4 B
Market Capitalization1.83 B1.72 B1.75 B1.77 B2.04 B1.93 B
Tangible Asset Value9.28 B9.03 B9.28 B10.12 B11.64 B11.06 B

About Northwest Bancshares Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Northwest Bancshares's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Northwest Bancshares using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Northwest Bancshares 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.
Northwest Bancshares, Inc. operates as the holding company for Northwest Bank, a state-chartered savings bank that provides personal and business banking solutions. Northwest Bancshares, Inc. was founded in 1896 and is headquartered in Columbus, Ohio. Northwest Bancshares operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 2268 people.

Northwest Bancshares Investors Sentiment

The influence of Northwest Bancshares' 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 Northwest. 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.

Northwest Bancshares Implied Volatility

    
  25.29  
Northwest Bancshares' implied volatility exposes the market's sentiment of Northwest Bancshares stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Northwest Bancshares' 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 Northwest Bancshares stock will not fluctuate a lot when Northwest Bancshares' 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 Northwest Bancshares 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, Northwest Bancshares' short interest history, or implied volatility extrapolated from Northwest Bancshares options trading.

Current Sentiment - NWBI

Northwest Bancshares Investor Sentiment

Most of Macroaxis users are now bullish on Northwest Bancshares. What is your trading attitude regarding investing in Northwest Bancshares? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish

Becoming a Better Investor with Macroaxis

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Additionally, see Northwest Bancshares Altman Z Score, Northwest Bancshares Correlation, Northwest Bancshares Valuation, as well as analyze Northwest Bancshares Alpha and Beta and Northwest Bancshares Hype Analysis. Note that the Northwest Bancshares information on this page should be used as a complementary analysis to other Northwest Bancshares' 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 Price Transformation module to use Price Transformation models to analyze depth of different equity instruments across global markets.

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When running Northwest Bancshares price analysis, check to measure Northwest Bancshares' 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 Northwest Bancshares is operating at the current time. Most of Northwest Bancshares' value examination focuses on studying past and present price action to predict the probability of Northwest Bancshares' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Northwest Bancshares' price. Additionally, you may evaluate how the addition of Northwest Bancshares to your portfolios can decrease your overall portfolio volatility.
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Is Northwest Bancshares' 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 Northwest Bancshares. If investors know Northwest 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 Northwest Bancshares 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
-0.31
Market Capitalization
1.6 B
Quarterly Revenue Growth YOY
-0.15
Return On Assets
0.0099
Return On Equity
0.0929
The market value of Northwest Bancshares is measured differently than its book value, which is the value of Northwest that is recorded on the company's balance sheet. Investors also form their own opinion of Northwest Bancshares' value that differs from its market value or its book value, called intrinsic value, which is Northwest Bancshares' 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 Northwest Bancshares' market value can be influenced by many factors that don't directly affect Northwest Bancshares' 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 Northwest Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine Northwest Bancshares value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northwest Bancshares' 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.