British Piotroski F Score

BTI
 Stock
  

USD 42.35  0.16  0.38%   

This module uses fundamental data of British Amer to approximate its Piotroski F score. British Amer F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of British American Tobacco. 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 British Amer financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Continue to British Amer Altman Z Score, British Amer Correlation, British Amer Valuation, as well as analyze British Amer Alpha and Beta and British Amer Hype Analysis.
  
British Amer Debt Non Current is most likely to increase significantly in the upcoming years. The last year's value of Debt Non Current was reported at 35.67 Billion. The current Long Term Debt to Equity is estimated to increase to 0.54, while Issuance Repayment of Debt Securities is projected to decrease to (3.9 B). British Amer Inventory Turnover is most likely to slightly decrease in the upcoming years. The last year's value of Inventory Turnover was reported at 0.78. The current Return on Investment is estimated to increase to 9.84, while Calculated Tax Rate is projected to decrease to 22.11.
At this time, it appears that British Amer'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
1
Current Return On AssetsPositiveFocus
2
Change in Return on AssetsIncreasedFocus
3
Cash Flow Return on AssetsPositiveFocus
4
Current Quality of Earnings (accrual)DecreasingFocus
5
Asset Turnover GrowthIncreaseFocus
6
Current Ratio ChangeIncreaseFocus
7
Long Term Debt Over Assets ChangeHigher LeverageFocus
8
Change In Outstending SharesDecreaseFocus
9
Change in Gross MarginNo ChangeFocus

British Amer Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to British Amer is to make sure British is not a subject of accounting manipulations and runs a healthy internal audit department. So, if British Amer'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 British Amer's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares Diluted2.1 B2.3 B
Moderately Down
Increasing
Slightly volatile
Weighted Average Shares2.1 B2.3 B
Moderately Down
Increasing
Slightly volatile
Return on Average Assets5.084.9452
Fairly Up
Decreasing
Stable
Net Cash Flow from Operations7.7 B9.7 B
Significantly Down
Increasing
Slightly volatile
Current Liabilities13 B15.1 B
Fairly Down
Increasing
Slightly volatile
Total Liabilities55.9 B70.3 B
Significantly Down
Increasing
Slightly volatile
Gross Margin76.8482.9388
Significantly Down
Increasing
Slightly volatile
Total Debt40.3 B39.7 B
Fairly Up
Increasing
Slightly volatile
Asset Turnover0.190.1868
Fairly Up
Decreasing
Slightly volatile
Current Assets11.4 B12.8 B
Fairly Down
Increasing
Slightly volatile
Total Assets148.2 B137.4 B
Significantly Up
Increasing
Slightly volatile

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

About British Amer 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.

Weighted Average Shares

2.07 Billion

British Amer Weighted Average Shares is most likely to increase significantly in the upcoming years. The last year's value of Weighted Average Shares was reported at 2.29 Billion

British Amer Current Valuation Drivers

We derive many important indicators used in calculating different scores of British Amer from analyzing British Amer's financial statements. These drivers represent accounts that assess British Amer's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of British Amer's important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee410.64 K63.34 K60.14 K71.57 K82.07 K77.56 K
Revenue Per Employee222.01 K257.16 K272.83 K288.24 K309.94 K251.09 K
Average Assets90.41 B143.7 B143.67 B139.35 B137.53 B133.2 B
Earnings Before Interest Taxes and Depreciation Amortization EBITDA6.85 B9.89 B9.03 B10.03 B10.25 B8.28 B
Earnings Before Interest Taxes and Depreciation Amortization USD42.36 B13.44 B14.32 B16.03 B13.97 B15.54 B
Earnings before Tax29.36 B8.17 B7.77 B8.51 B8.99 B9.85 B
Average Equity34.47 B63.1 B64.67 B63.29 B64.04 B59.69 B
Free Cash Flow5.24 B11.07 B10.17 B10.86 B9 B8.48 B
Invested Capital53.82 B50.91 B46.23 B47.7 B43.45 B44.42 B
Invested Capital Average43.46 B52.37 B48.57 B46.97 B45.57 B46.6 B
Market Capitalization164.55 B78.26 B104.3 B92.09 B91.9 B96.8 B
Tangible Asset Value23.27 B22.33 B22.22 B22.35 B21.74 B22.45 B
Working Capital(1.64 B)(3.67 B)(5.55 B)(1.87 B)(2.34 B)(2.52 B)

About British Amer Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze British American Tobacco's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of British Amer using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of British American Tobacco 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.
British American Tobacco p.l.c. provides tobacco and nicotine products to consumers worldwide. British American Tobacco p.l.c. was incorporated in 1902 and is headquartered in London, the United Kingdom. British Amer operates under Tobacco classification in the United States and is traded on New York Stock Exchange. It employs 54365 people.

Be your own money manager

Our tools can tell you how much better you can do entering a position in British Amer without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run My Watchlist Analysis Now

   

My Watchlist Analysis

Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
All  Next Launch Module

Pair Trading with British Amer

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 British Amer 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 British Amer will appreciate offsetting losses from the drop in the long position's value.

Moving together with British Amer

+0.66CPBCampbell Soup Earnings Call TomorrowPairCorr
The ability to find closely correlated positions to British Amer could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace British Amer 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 British Amer - 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 British American Tobacco to buy it.
The correlation of British Amer is a statistical measure of how it moves in relation to other equities. 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 British Amer moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if British American Tobacco 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 British Amer 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
Continue to British Amer Altman Z Score, British Amer Correlation, British Amer Valuation, as well as analyze British Amer Alpha and Beta and British Amer Hype Analysis. You can also try Content Syndication module to quickly integrate customizable finance content to your own investment portal.

Complementary Tools for analysis

When running British American Tobacco price analysis, check to measure British Amer'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 British Amer is operating at the current time. Most of British Amer's value examination focuses on studying past and present price action to predict the probability of British Amer's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move British Amer's price. Additionally, you may evaluate how the addition of British Amer to your portfolios can decrease your overall portfolio volatility.
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Go
Commodity Channel Index
Use Commodity Channel Index to analyze current equity momentum
Go
Stock Screener
Find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Go
Equity Valuation
Check real value of public entities based on technical and fundamental data
Go
Transaction History
View history of all your transactions and understand their impact on performance
Go
Fundamental Analysis
View fundamental data based on most recent published financial statements
Go
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Go
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Go
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Go
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Go
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Go
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Go
Is British Amer'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 British Amer. If investors know British 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 British Amer 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 YOY
(0.43) 
Market Capitalization
94.7 B
Quarterly Revenue Growth YOY
0.057
Return On Assets
0.0472
Return On Equity
0.0814
The market value of British American Tobacco is measured differently than its book value, which is the value of British that is recorded on the company's balance sheet. Investors also form their own opinion of British Amer's value that differs from its market value or its book value, called intrinsic value, which is British Amer'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 British Amer's market value can be influenced by many factors that don't directly affect British Amer'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 British Amer's value and its price as these two are different measures arrived at by different means. Investors typically determine British Amer value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, British Amer'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.