Old Republic International Stock Piotroski F Score
| ORI Stock | USD 29.80 0.33 1.10% |
Old | Piotroski F Score |
At this time, it appears that Old Republic's 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 | Positive |
| Change in Return on Assets | Increased |
| Cash Flow Return on Assets | Positive |
| Current Quality of Earnings (accrual) | Decreasing |
| Asset Turnover Growth | Increase |
| Current Ratio Change | Decrease |
| Long Term Debt Over Assets Change | Lower Leverage |
| Change In Outstending Shares | Decrease |
| Change in Gross Margin | No Change |
Old Republic Piotroski F Score Drivers
The critical factor to consider when applying the Piotroski F Score to Old Republic is to make sure Old is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Old Republic'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 Republic's financial numbers are properly reported.
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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| Asset Turnover | 0.35 | 0.3477 |
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| Gross Profit Margin | 0.79 | 0.89 |
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| Total Current Liabilities | 6.6 B | 9.3 B |
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| Non Current Liabilities Total | 5.7 B | 5.2 B |
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| Total Assets | 12.7 B | 20.9 B |
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| Total Current Assets | 4 B | 5.2 B |
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Old Republic Interna 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 Republic's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Old Republic in a much-optimized way.
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About Old Republic 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 |
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Old Republic Current Valuation Drivers
We derive many important indicators used in calculating different scores of Old Republic from analyzing Old Republic's financial statements. These drivers represent accounts that assess Old Republic's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Old Republic's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 6.7B | 5.9B | 7.4B | 7.3B | 8.3B | 8.7B | |
| Enterprise Value | (2.7B) | (4.5B) | (2.4B) | (3.8B) | 9.7B | 10.2B |
Old Republic 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 Republic's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Old Republic's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
About Old Republic Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Old Republic International's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Old Republic using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Old Republic 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.
Old Republic Investors Sentiment
The influence of Old Republic's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Old. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Old Republic's public news can be used to forecast risks associated with an investment in Old. The trend in average sentiment can be used to explain how an investor holding Old can time the market purely based on public headlines and social activities around Old Republic International. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Old Republic's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Old Republic's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Old Republic's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Old Republic.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Old Republic in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Old Republic's short interest history, or implied volatility extrapolated from Old Republic options trading.
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Try AI Portfolio ArchitectCheck out Old Republic Altman Z Score, Old Republic Correlation, Old Republic Valuation, as well as analyze Old Republic Alpha and Beta and Old Republic Hype Analysis. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Complementary Tools for Old Stock analysis
When running Old Republic's price analysis, check to measure Old Republic'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 Old Republic is operating at the current time. Most of Old Republic's value examination focuses on studying past and present price action to predict the probability of Old Republic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Old Republic's price. Additionally, you may evaluate how the addition of Old Republic to your portfolios can decrease your overall portfolio volatility.
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Is Old Republic'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 Old Republic. 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 Republic 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 (0.01) | Dividend Share 1 | Earnings Share 2.1 | Revenue Per Share 23.687 | Quarterly Revenue Growth 0.146 |
The market value of Old Republic Interna 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 Republic's value that differs from its market value or its book value, called intrinsic value, which is Old Republic'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 Republic's market value can be influenced by many factors that don't directly affect Old Republic'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 Republic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Old Republic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Old Republic'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.