Ing Group Nv Stock Piotroski F Score

ING Stock  USD 15.45  0.18  1.18%   
This module uses fundamental data of ING Group to approximate its Piotroski F score. ING Group F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of ING Group NV. 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 ING Group financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out ING Group Altman Z Score, ING Group Correlation, ING Group Valuation, as well as analyze ING Group Alpha and Beta and ING Group Hype Analysis.
  
At this time, ING Group's Short Term Debt is most likely to decrease significantly in the upcoming years. The ING Group's current Debt To Equity is estimated to increase to 4.75, while Short and Long Term Debt is projected to decrease to roughly 164.1 B. At this time, ING Group's Stock Based Compensation To Revenue is most likely to increase slightly in the upcoming years. The ING Group's current PB Ratio is estimated to increase to 1.17, while Dividend Yield is projected to decrease to 0.04.
At this time, it appears that ING Group's Piotroski F Score is Frail. 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..
3.0
Piotroski F Score - Frail
Current Return On Assets

Positive

Focus
Change in Return on Assets

Decreased

Focus
Cash Flow Return on Assets

Negative

Focus
Current Quality of Earnings (accrual)

Decreasing

Focus
Asset Turnover Growth

Decrease

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

No Change

Focus

ING Group Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to ING Group is to make sure ING is not a subject of accounting manipulations and runs a healthy internal audit department. So, if ING Group'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 ING Group's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.00590.0075
Significantly Down
Slightly volatile
Asset Turnover0.01720.0181
Notably Down
Slightly volatile
Gross Profit Margin0.841.15
Way Down
Slightly volatile
Total Current Liabilities627.5 B597.6 B
Sufficiently Up
Slightly volatile
Non Current Liabilities TotalT975 B
Sufficiently Up
Slightly volatile
Total AssetsT975.6 B
Sufficiently Up
Pretty Stable
Total Current Assets211 B201 B
Sufficiently Up
Slightly volatile

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

About ING Group 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

3.31 Billion

At this time, ING Group's Common Stock Shares Outstanding is most likely to increase significantly in the upcoming years.

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

About ING Group Fundamental Analysis

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

Currently Active Assets on Macroaxis

When determining whether ING Group NV is a strong investment it is important to analyze ING Group'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 ING Group's future performance. For an informed investment choice regarding ING Stock, refer to the following important reports:
Is Diversified Banks 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 ING Group. If investors know ING 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 ING Group 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
0.054
Dividend Share
1.106
Earnings Share
2.18
Revenue Per Share
5.223
Quarterly Revenue Growth
(0.01)
The market value of ING Group NV is measured differently than its book value, which is the value of ING that is recorded on the company's balance sheet. Investors also form their own opinion of ING Group's value that differs from its market value or its book value, called intrinsic value, which is ING Group'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 ING Group's market value can be influenced by many factors that don't directly affect ING Group'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 ING Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if ING Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ING Group'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.