Old Point Financial Stock Piotroski F Score

OPOF Stock  USD 18.25  0.75  4.29%   
This module uses fundamental data of Old Point to approximate its Piotroski F score. Old Point F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Old Point Financial. 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 Old Point financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Old Point Altman Z Score, Old Point Correlation, Old Point Valuation, as well as analyze Old Point Alpha and Beta and Old Point Hype Analysis.
  
At this time, Old Point's Short Term Debt is most likely to increase significantly in the upcoming years. The Old Point's current Long Term Debt is estimated to increase to about 104.1 M, while Debt To Assets are projected to decrease to 0.05. At this time, Old Point's Free Cash Flow Yield is most likely to increase slightly in the upcoming years. The Old Point's current Stock Based Compensation To Revenue is estimated to increase to 0.01, while Dividend Yield is projected to decrease to 0.02.
At this time, it appears that Old Point's Piotroski F Score is Poor. 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..
4.0
Piotroski F Score - Poor
Current Return On Assets

Positive

Focus
Change in Return on Assets

Increased

Focus
Cash Flow Return on Assets

Positive

Focus
Current Quality of Earnings (accrual)

Decreasing

Focus
Asset Turnover Growth

Decrease

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

Higher Leverage

Focus
Change In Outstending Shares

Increase

Focus
Change in Gross Margin

Increase

Focus

Old Point Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Old Point is to make sure Old is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Old Point'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 Old Point's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.03160.0555
Way Down
Very volatile
Gross Profit Margin1.030.9485
Significantly Up
Pretty Stable
Total Current Liabilities634.6 M604.4 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total772.9 M736.1 M
Sufficiently Up
Slightly volatile
Total Assets836.2 M1.4 B
Way Down
Slightly volatile
Total Current Assets78.5 M82.6 M
Notably Down
Very volatile

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

About Old Point 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.

Book Value Per Share

27.6

At this time, Old Point's Book Value Per Share is most likely to increase significantly in the upcoming years.

Old Point Current Valuation Drivers

We derive many important indicators used in calculating different scores of Old Point from analyzing Old Point's financial statements. These drivers represent accounts that assess Old Point's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Old Point's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap142.9M98.9M122.4M90.1M81.1M60.2M
Enterprise Value95.9M(20.2M)(25.4M)114.6M103.1M108.3M

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

About Old Point Fundamental Analysis

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

When determining whether Old Point Financial is a strong investment it is important to analyze Old Point'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 Old Point's future performance. For an informed investment choice regarding Old Stock, refer to the following important reports:
Is Regional 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 Old Point. If investors know Old 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 Old Point 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
0.392
Dividend Share
0.56
Earnings Share
1.41
Revenue Per Share
11.576
Quarterly Revenue Growth
0.007
The market value of Old Point Financial is measured differently than its book value, which is the value of Old that is recorded on the company's balance sheet. Investors also form their own opinion of Old Point's value that differs from its market value or its book value, called intrinsic value, which is Old Point'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 Old Point's market value can be influenced by many factors that don't directly affect Old Point'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 Old Point's value and its price as these two are different measures arrived at by different means. Investors typically determine if Old Point is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Old Point'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.