The Allstate Stock Piotroski F Score

ALL Stock  USD 192.33  0.97  0.50%   
This module uses fundamental data of Allstate to approximate its Piotroski F score. Allstate F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of The Allstate. 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 Allstate financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Allstate Altman Z Score, Allstate Correlation, Allstate Valuation, as well as analyze Allstate Alpha and Beta and Allstate Hype Analysis.
  
At this time, Allstate's Debt Equity Ratio is quite stable compared to the past year. Debt Ratio is expected to rise to 0.08 this year, although the value of Net Debt will most likely fall to about 5 B. At this time, Allstate's Free Cash Flow Per Share is quite stable compared to the past year. Capex To Revenue is expected to rise to 0.01 this year, although the value of PTB Ratio will most likely fall to 1.62.
At this time, it appears that Allstate'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
Current Return On Assets

Negative

Focus
Change in Return on Assets

Increased

Focus
Cash Flow Return on Assets

Positive

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Increase

Focus
Current Ratio Change

Increase

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Increase

Focus
Change in Gross Margin

Increase

Focus

Allstate Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Allstate is to make sure Allstate is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Allstate'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 Allstate's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.580.5524
Sufficiently Up
Slightly volatile
Gross Profit Margin0.990.875
Moderately Up
Pretty Stable
Net DebtB7.2 B
Way Down
Slightly volatile
Total Current Liabilities66 B42 B
Way Up
Slightly volatile
Non Current Liabilities Total90 B85.7 B
Sufficiently Up
Slightly volatile
Total Assets122.9 B103.4 B
Fairly Up
Pretty Stable
Total Current Assets685.9 M722 M
Notably Down
Slightly volatile
Total Cash From Operating Activities4.2 B4.2 B
Fairly Down
Slightly volatile

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

About Allstate 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.

Common Stock Shares Outstanding

471.57 Million

At this time, Allstate's Common Stock Shares Outstanding is quite stable compared to the past year.

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

About Allstate Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze The Allstate's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Allstate using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of The Allstate 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.

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When determining whether Allstate is a strong investment it is important to analyze Allstate's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Allstate's future performance. For an informed investment choice regarding Allstate Stock, refer to the following important reports:
Is Property & Casualty Insurance space 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 Allstate. If investors know Allstate 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 Allstate 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
(0.68)
Dividend Share
3.65
Earnings Share
15.47
Revenue Per Share
236.821
Quarterly Revenue Growth
0.147
The market value of Allstate is measured differently than its book value, which is the value of Allstate that is recorded on the company's balance sheet. Investors also form their own opinion of Allstate's value that differs from its market value or its book value, called intrinsic value, which is Allstate'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 Allstate's market value can be influenced by many factors that don't directly affect Allstate'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 Allstate's value and its price as these two are different measures arrived at by different means. Investors typically determine if Allstate is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allstate'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.