Live Oak Bancshares Stock Piotroski F Score

LOB Stock  USD 41.28  0.06  0.15%   
This module uses fundamental data of Live Oak to approximate its Piotroski F score. Live Oak F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Live Oak Bancshares. 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 Live Oak financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Live Oak Altman Z Score, Live Oak Correlation, Live Oak Valuation, as well as analyze Live Oak Alpha and Beta and Live Oak Hype Analysis.
  
At present, Live Oak's Short Term Debt is projected to decrease significantly based on the last few years of reporting. The current year's Cash Flow To Debt Ratio is expected to grow to 27.88, whereas Short and Long Term Debt Total is forecasted to decline to about 22.2 M. At present, Live Oak's Short Term Coverage Ratios is projected to drop based on the last few years of reporting. The current year's Price Earnings Ratio is expected to grow to 30.44, whereas Dividend Yield is forecasted to decline to 0.
At this time, it appears that Live Oak'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..
5.0
Piotroski F Score - Healthy
Current Return On Assets

Positive

Focus
Change in Return on Assets

Decreased

Focus
Cash Flow Return on Assets

Positive

Focus
Current Quality of Earnings (accrual)

Improving

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

Live Oak Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Live Oak is to make sure Live is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Live Oak'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 Live Oak's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.00620.0066
Notably Down
Slightly volatile
Asset Turnover0.03650.0385
Notably Down
Slightly volatile
Gross Profit Margin1.271.43
Fairly Down
Slightly volatile
Total Current Liabilities42.8 M45 M
Notably Down
Very volatile
Non Current Liabilities Total22.2 M23.4 M
Notably Down
Pretty Stable
Total Assets11.8 B11.3 B
Sufficiently Up
Slightly volatile
Total Current Assets1.8 B1.7 B
Sufficiently Up
Slightly volatile

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

About Live Oak 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

40.08 Million

At present, Live Oak's Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting.

About Live Oak Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Live Oak Bancshares's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Live Oak using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Live Oak Bancshares 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.
Live Oak Bancshares, Inc. operates as the bank holding company for Live Oak Banking Company that provides various commercial banking products and services to individuals, small businesses, and professionals in North Carolina, the United States. Live Oak Bancshares, Inc. was incorporated in 2008 and is headquartered in Wilmington, North Carolina. Live Oak operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 891 people.

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When determining whether Live Oak Bancshares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Live Oak's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Live Oak Bancshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Live Oak Bancshares Stock:
Check out Live Oak Altman Z Score, Live Oak Correlation, Live Oak Valuation, as well as analyze Live Oak Alpha and Beta and Live Oak Hype Analysis.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

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When running Live Oak's price analysis, check to measure Live Oak'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 Live Oak is operating at the current time. Most of Live Oak's value examination focuses on studying past and present price action to predict the probability of Live Oak's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Live Oak's price. Additionally, you may evaluate how the addition of Live Oak to your portfolios can decrease your overall portfolio volatility.
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Is Live Oak'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 Live Oak. If investors know Live 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 Live Oak 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
8.769
Dividend Share
0.12
Earnings Share
1.64
Revenue Per Share
8.817
Quarterly Revenue Growth
0.251
The market value of Live Oak Bancshares is measured differently than its book value, which is the value of Live that is recorded on the company's balance sheet. Investors also form their own opinion of Live Oak's value that differs from its market value or its book value, called intrinsic value, which is Live Oak'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 Live Oak's market value can be influenced by many factors that don't directly affect Live Oak'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 Live Oak's value and its price as these two are different measures arrived at by different means. Investors typically determine if Live Oak is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Live Oak'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.