Walgreens Piotroski F Score

WBA
 Stock
  

USD 39.13  0.94  2.35%   

This module uses fundamental data of Walgreens Boots to approximate its Piotroski F score. Walgreens Boots F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Walgreens Boots Alliance. 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 Walgreens Boots financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Walgreens Boots Altman Z Score, Walgreens Boots Correlation, Walgreens Boots Valuation, as well as analyze Walgreens Boots Alpha and Beta and Walgreens Boots Hype Analysis.
  
The current year Total Debt is expected to grow to about 18.5 B. The current year Debt Current is expected to grow to about 363.6 M. Walgreens Boots Interest Coverage is projected to drop slightly based on the last few years of reporting. The past year's Interest Coverage was at 4.42. The current year Long Term Debt to Equity is expected to grow to 0.34, whereas PPandE Turnover is forecasted to decline to 8.73.
At this time, it appears that Walgreens Boots' 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)DecreasingFocus
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

Walgreens Boots Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Walgreens Boots is to make sure Walgreens is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Walgreens Boots' 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 Walgreens Boots' financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares1.1 B994.5 M
Significantly Up
Decreasing
Slightly volatile
Weighted Average Shares Diluted1.1 B996.4 M
Significantly Up
Decreasing
Slightly volatile
Net Cash Flow from Operations5.2 BB
Sufficiently Up
Decreasing
Slightly volatile
Total Assets67.3 B73.2 B
Significantly Down
Increasing
Slightly volatile
Total Liabilities45.4 B52.1 B
Fairly Down
Increasing
Slightly volatile
Current Assets20.4 B18.2 B
Moderately Up
Decreasing
Slightly volatile
Current Liabilities18.7 B19.8 B
Notably Down
Increasing
Slightly volatile
Total Debt18.5 B17.1 B
Significantly Up
Increasing
Slightly volatile
Return on Average Assets4.913.47
Significantly Up
Decreasing
Slightly volatile
Gross Margin27.024.36
Significantly Up
Decreasing
Stable
Asset Turnover1.991.81
Significantly Up
Increasing
Slightly volatile

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

About Walgreens Boots 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

1.09 Billion

Walgreens Boots Weighted Average Shares is projected to decrease significantly based on the last few years of reporting. The past year's Weighted Average Shares was at 994.52 Million

Walgreens Boots Current Valuation Drivers

We derive many important indicators used in calculating different scores of Walgreens Boots from analyzing Walgreens Boots' financial statements. These drivers represent accounts that assess Walgreens Boots' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Walgreens Boots' important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee14.19 K11.64 K1.37 K8.07 K9.28 K10.84 K
Revenue Per Employee371.57 K400.19 K420.41 K420.66 K378.6 K352.5 K
Earnings Before Interest Taxes and Depreciation Amortization EBITDA7.8 B6.57 B2.54 B5.44 B6.25 B6.67 B

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

About Walgreens Boots Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Walgreens Boots Alliance's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Walgreens Boots using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Walgreens Boots Alliance 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.
Walgreens Boots Alliance, Inc. operates as a pharmacy-led health and beauty retail company. Walgreens Boots Alliance, Inc. was founded in 1901 and is based in Deerfield, Illinois. Walgreens Boots operates under Pharmaceutical Retailers classification in the United States and is traded on NASDAQ Exchange. It employs 315000 people.

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Our tools can tell you how much better you can do entering a position in Walgreens Boots without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Check out Walgreens Boots Altman Z Score, Walgreens Boots Correlation, Walgreens Boots Valuation, as well as analyze Walgreens Boots Alpha and Beta and Walgreens Boots Hype Analysis. Note that the Walgreens Boots Alliance information on this page should be used as a complementary analysis to other Walgreens Boots' 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 Money Managers module to screen money managers from public funds and ETFs managed around the world.

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Is Walgreens Boots' 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 Walgreens Boots. If investors know Walgreens 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 Walgreens Boots 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
-0.76
Market Capitalization
34.4 B
Quarterly Revenue Growth YOY
-0.042
Return On Assets
0.0195
Return On Equity
0.18
The market value of Walgreens Boots Alliance is measured differently than its book value, which is the value of Walgreens that is recorded on the company's balance sheet. Investors also form their own opinion of Walgreens Boots' value that differs from its market value or its book value, called intrinsic value, which is Walgreens Boots' 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 Walgreens Boots' market value can be influenced by many factors that don't directly affect Walgreens Boots' 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 Walgreens Boots' value and its price as these two are different measures arrived at by different means. Investors typically determine Walgreens Boots value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Walgreens Boots' 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.