Compass Minerals International Stock Piotroski F Score

CMP Stock  USD 14.55  2.55  21.25%   
This module uses fundamental data of Compass Minerals to approximate its Piotroski F score. Compass Minerals F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Compass Minerals International. 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 Compass Minerals financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Compass Minerals Altman Z Score, Compass Minerals Correlation, Compass Minerals Valuation, as well as analyze Compass Minerals Alpha and Beta and Compass Minerals Hype Analysis.
  
At this time, Compass Minerals' Long Term Debt is relatively stable compared to the past year. As of 11/17/2024, Short and Long Term Debt Total is likely to grow to about 917.5 M, while Long Term Debt Total is likely to drop slightly above 976.5 M. At this time, Compass Minerals' Free Cash Flow Per Share is relatively stable compared to the past year. As of 11/17/2024, ROIC is likely to grow to 0.02, while Free Cash Flow Yield is likely to drop 0.05.
At this time, it appears that Compass Minerals' 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
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

Decrease

Focus
Long Term Debt Over Assets Change

Higher Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

Increase

Focus

Compass Minerals Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Compass Minerals is to make sure Compass is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Compass Minerals' 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 Compass Minerals' financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.880.513
Way Up
Slightly volatile
Gross Profit Margin0.30.2052
Way Up
Pretty Stable
Total Current Liabilities234.2 M275.8 M
Fairly Down
Pretty Stable
Non Current Liabilities Total958.1 MB
Notably Down
Slightly volatile
Total Assets1.5 B1.8 B
Significantly Down
Slightly volatile
Total Current Assets516.3 M593.8 M
Fairly Down
Slightly volatile
Total Cash From Operating Activities166.9 M101.1 M
Way Up
Pretty Stable

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

About Compass Minerals 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

35.51 Million

At this time, Compass Minerals' Common Stock Shares Outstanding is relatively stable compared to the past year.

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

About Compass Minerals Fundamental Analysis

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

Pair Trading with Compass Minerals

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Compass Minerals position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Compass Minerals will appreciate offsetting losses from the drop in the long position's value.

Moving together with Compass Stock

  0.89MP MP Materials CorpPairCorr

Moving against Compass Stock

  0.66BYU BAIYU HoldingsPairCorr
The ability to find closely correlated positions to Compass Minerals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Compass Minerals when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Compass Minerals - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Compass Minerals International to buy it.
The correlation of Compass Minerals is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Compass Minerals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Compass Minerals Int moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Compass Minerals can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Compass Stock Analysis

When running Compass Minerals' price analysis, check to measure Compass Minerals' 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 Compass Minerals is operating at the current time. Most of Compass Minerals' value examination focuses on studying past and present price action to predict the probability of Compass Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Compass Minerals' price. Additionally, you may evaluate how the addition of Compass Minerals to your portfolios can decrease your overall portfolio volatility.