Nl Industries Stock Piotroski F Score

NL Stock  USD 7.80  0.10  1.30%   
This module uses fundamental data of NL Industries to approximate its Piotroski F score. NL Industries F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of NL Industries. 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 NL Industries financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out NL Industries Altman Z Score, NL Industries Correlation, NL Industries Valuation, as well as analyze NL Industries Alpha and Beta and NL Industries Hype Analysis.
For more information on how to buy NL Industries Stock please use our How to buy in NL Industries Stock guide.
  
Cash Flow To Debt Ratio is expected to rise to 77.71 this year, although the value of Short and Long Term Debt Total will most likely fall to about 427.5 K. At this time, NL Industries' Operating Cash Flow Per Share is quite stable compared to the past year. PB Ratio is expected to rise to 1.09 this year, although the value of Capex To Depreciation will most likely fall to 0.23.
At this time, it appears that NL Industries' 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

Decrease

Focus
Current Ratio Change

Increase

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

Increase

Focus

NL Industries Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to NL Industries is to make sure NL Industries is not a subject of accounting manipulations and runs a healthy internal audit department. So, if NL Industries' 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 NL Industries' financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.260.2687
Sufficiently Down
Pretty Stable
Gross Profit Margin0.330.3014
Significantly Up
Slightly volatile
Total Current Liabilities28.9 M30.4 M
Notably Down
Slightly volatile
Non Current Liabilities Total169.1 M178 M
Notably Down
Slightly volatile
Total Assets704.5 M600.2 M
Fairly Up
Slightly volatile
Total Current Assets264.7 M218.3 M
Fairly Up
Very volatile
Total Cash From Operating Activities37.5 M37 M
Fairly Up
Slightly volatile

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

About NL Industries 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.

Pretax Profit Margin

(0.0378)

At this time, NL Industries' Pretax Profit Margin is quite stable compared to the past year.

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

About NL Industries Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze NL Industries's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NL Industries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NL Industries 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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Check out NL Industries Altman Z Score, NL Industries Correlation, NL Industries Valuation, as well as analyze NL Industries Alpha and Beta and NL Industries Hype Analysis.
For more information on how to buy NL Industries Stock please use our How to buy in NL Industries Stock guide.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Commercial Services & Supplies 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 NL Industries. If investors know NL Industries 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 NL Industries 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
1.382
Dividend Share
0.31
Earnings Share
1.19
Revenue Per Share
3.085
Quarterly Revenue Growth
(0.17)
The market value of NL Industries is measured differently than its book value, which is the value of NL Industries that is recorded on the company's balance sheet. Investors also form their own opinion of NL Industries' value that differs from its market value or its book value, called intrinsic value, which is NL Industries' 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 NL Industries' market value can be influenced by many factors that don't directly affect NL Industries' 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 NL Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if NL Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NL Industries' 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.