National Storage Affiliates Stock Piotroski F Score

NSA Stock  USD 35.55  0.11  0.31%   
This module uses fundamental data of National Storage to approximate its Piotroski F score. National Storage F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of National Storage Affiliates. 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 National Storage financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out National Storage Altman Z Score, National Storage Correlation, National Storage Valuation, as well as analyze National Storage Alpha and Beta and National Storage Hype Analysis.
  
At present, National Storage's Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting. The current year's Net Debt is expected to grow to about 3.8 B, whereas Long Term Debt is forecasted to decline to about 1.7 B. At present, National Storage's PTB Ratio is projected to increase significantly based on the last few years of reporting. The current year's Invested Capital is expected to grow to 2.72, whereas Price To Sales Ratio is forecasted to decline to 3.98.
At this time, it appears that National Storage's 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

Positive

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

No Change

Focus

National Storage Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to National Storage is to make sure National is not a subject of accounting manipulations and runs a healthy internal audit department. So, if National Storage'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 National Storage's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.0960.1447
Way Down
Slightly volatile
Gross Profit Margin0.550.7331
Way Down
Slightly volatile
Net Debt3.8 B3.6 B
Sufficiently Up
Slightly volatile
Total Current Liabilities256 M501.1 M
Way Down
Slightly volatile
Non Current Liabilities Total3.5 B3.3 B
Sufficiently Up
Slightly volatile
Total Assets3.1 B5.9 B
Way Down
Slightly volatile
Total Current Assets708.4 M674.7 M
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities463.7 M441.6 M
Sufficiently Up
Slightly volatile

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

About National Storage 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

75.85 Million

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

About National Storage Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze National Storage Affiliates's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of National Storage using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of National Storage Affiliates 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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When determining whether National Storage Aff offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of National Storage'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 National Storage Affiliates Stock. Outlined below are crucial reports that will aid in making a well-informed decision on National Storage Affiliates Stock:

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When running National Storage's price analysis, check to measure National Storage'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 National Storage is operating at the current time. Most of National Storage's value examination focuses on studying past and present price action to predict the probability of National Storage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move National Storage's price. Additionally, you may evaluate how the addition of National Storage to your portfolios can decrease your overall portfolio volatility.
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Is National Storage'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 National Storage. If investors know National 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 National Storage 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
1.35
Dividend Share
2.23
Earnings Share
1.48
Revenue Per Share
9.967
Quarterly Revenue Growth
0.031
The market value of National Storage Aff is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National Storage's value that differs from its market value or its book value, called intrinsic value, which is National Storage'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 National Storage's market value can be influenced by many factors that don't directly affect National Storage'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 National Storage's value and its price as these two are different measures arrived at by different means. Investors typically determine if National Storage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Storage'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.