Brf Sa Adr Stock Piotroski F Score

BRFS Stock  USD 3.26  0.09  2.84%   
This module uses fundamental data of BRF SA to approximate its Piotroski F score. BRF SA F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of BRF SA ADR. 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 BRF SA financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out BRF SA Altman Z Score, BRF SA Correlation, BRF SA Valuation, as well as analyze BRF SA Alpha and Beta and BRF SA Hype Analysis.
  
At this time, BRF SA's Long Term Debt is comparatively stable compared to the past year. Debt Equity Ratio is likely to gain to 1.57 in 2024, whereas Net Debt is likely to drop slightly above 8.9 B in 2024. At this time, BRF SA's Price Earnings To Growth Ratio is comparatively stable compared to the past year. Inventory Turnover is likely to gain to 5.32 in 2024, despite the fact that Price Earnings Ratio is likely to grow to (8.59).
At this time, it appears that BRF SA's Piotroski F Score is Unavailable. 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 - Unavailable
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

BRF SA Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to BRF SA is to make sure BRF is not a subject of accounting manipulations and runs a healthy internal audit department. So, if BRF SA'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 BRF SA's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.030.9362
Significantly Up
Slightly volatile
Gross Profit Margin0.280.1542
Way Up
Slightly volatile
Net Debt8.9 B14.5 B
Way Down
Slightly volatile
Total Current Liabilities20.4 B19.4 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total11.4 B22.2 B
Way Down
Slightly volatile
Total Assets29.9 B57.3 B
Way Down
Slightly volatile
Total Current Assets13.1 B26 B
Way Down
Slightly volatile
Total Cash From Operating Activities1.7 B2.3 B
Way Down
Very volatile

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

About BRF SA 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.

Price Book Value Ratio

1.17

At this time, BRF SA's Price Book Value Ratio is comparatively stable compared to the past year.

About BRF SA Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze BRF SA ADR's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of BRF SA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of BRF SA ADR 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.
BRF S.A. focuses on raising, producing, and slaughtering poultry and pork for processing, production, and sale of fresh meat, processed products, pasta, margarine, and other products. BRF S.A. was founded in 1934 and is headquartered in Itaja, Brazil. Brf-Brasil Foods is traded on New York Stock Exchange in the United States.

Pair Trading with BRF SA

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 BRF SA 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 BRF SA will appreciate offsetting losses from the drop in the long position's value.

Moving against BRF Stock

  0.84IH IhumanIncPairCorr
  0.81PAVS Paranovus EntertainmentPairCorr
  0.79HPCO Hempacco Report 10th of May 2024 PairCorr
  0.77SAM Boston Beer Financial Report 25th of April 2024 PairCorr
  0.73ABEV Ambev SA ADR Financial Report 2nd of May 2024 PairCorr
The ability to find closely correlated positions to BRF SA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BRF SA 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 BRF SA - 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 BRF SA ADR to buy it.
The correlation of BRF SA 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 BRF SA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BRF SA ADR 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 BRF SA 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
When determining whether BRF SA ADR is a strong investment it is important to analyze BRF SA'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 BRF SA's future performance. For an informed investment choice regarding BRF Stock, refer to the following important reports:
Check out BRF SA Altman Z Score, BRF SA Correlation, BRF SA Valuation, as well as analyze BRF SA Alpha and Beta and BRF SA Hype Analysis.
Note that the BRF SA ADR information on this page should be used as a complementary analysis to other BRF SA's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

Complementary Tools for BRF Stock analysis

When running BRF SA's price analysis, check to measure BRF SA's 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 BRF SA is operating at the current time. Most of BRF SA's value examination focuses on studying past and present price action to predict the probability of BRF SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BRF SA's price. Additionally, you may evaluate how the addition of BRF SA to your portfolios can decrease your overall portfolio volatility.
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Is BRF SA's industry 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 BRF SA. If investors know BRF 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 BRF SA 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
0.02
Earnings Share
(0.30)
Revenue Per Share
39.415
Quarterly Revenue Growth
(0.02)
Return On Assets
0.0065
The market value of BRF SA ADR is measured differently than its book value, which is the value of BRF that is recorded on the company's balance sheet. Investors also form their own opinion of BRF SA's value that differs from its market value or its book value, called intrinsic value, which is BRF SA'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 BRF SA's market value can be influenced by many factors that don't directly affect BRF SA'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 BRF SA's value and its price as these two are different measures arrived at by different means. Investors typically determine if BRF SA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BRF SA'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.