Equity Piotroski F Score

Stocks . USA . 
Stock . Equity Residential
EQR Stock  USD 61.61  0.81  1.33%   
This module uses fundamental data of Equity Residential to approximate its Piotroski F score. Equity Residential F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Equity Residential. 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 Equity Residential financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Equity Residential Altman Z Score, Equity Residential Correlation, Equity Residential Valuation, as well as analyze Equity Residential Alpha and Beta and Equity Residential Hype Analysis. To learn how to invest in Equity Stock, please use our How to Invest in Equity Residential guide.
  
Equity Residential Total Debt is relatively stable at the moment as compared to the past year. Equity Residential reported last year Total Debt of 7.73 Billion. As of 06/02/2023, Long Term Debt to Equity is likely to grow to 0.96, while Issuance Repayment of Debt Securities is likely to drop (1 B). Equity Residential Book Value per Share is relatively stable at the moment as compared to the past year. Equity Residential reported last year Book Value per Share of 29.70. As of 06/02/2023, Current Ratio is likely to grow to 0.29, while Accrued Expenses Turnover is likely to drop 8.37.
At this time, it appears that Equity Residential'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)ImprovingFocus
5
Asset Turnover GrowthIncreaseFocus
6
Current Ratio ChangeIncreaseFocus
7
Long Term Debt Over Assets ChangeHigher LeverageFocus
8
Change In Outstending SharesIncreaseFocus
9
Change in Gross MarginNo ChangeFocus

Equity Residential Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Equity Residential is to make sure Equity is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Equity Residential'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 Equity Residential's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares Diluted422.4 M389.4 M
Significantly Up
Slightly volatile
Weighted Average Shares407.2 M376.2 M
Significantly Up
Slightly volatile
Return on Average Assets0.04480.038
Fairly Up
Very volatile
Net Cash Flow from Operations1.5 B1.5 B
Fairly Up
Slightly volatile
Current Liabilities442.5 M475.9 M
Significantly Down
Slightly volatile
Total Liabilities8.7 B8.5 B
Fairly Up
Slightly volatile
Gross Margin0.610.641
Notably Down
Slightly volatile
Total Debt8 B7.7 B
Fairly Up
Slightly volatile
Asset Turnover0.140.134
Sufficiently Up
Slightly volatile
Current Assets140.8 M137.2 M
Fairly Up
Slightly volatile
Total Assets19.5 B20.2 B
Sufficiently Down
Pretty Stable

Equity Residential 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 Equity Residential's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Equity Residential in a much-optimized way.
Click cells to compare fundamentals

About Equity Residential 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

407.16 Million

Equity Residential Weighted Average Shares is relatively stable at the moment as compared to the past year. Equity Residential reported last year Weighted Average Shares of 376.21 Million

Equity Residential Current Valuation Drivers

We derive many important indicators used in calculating different scores of Equity Residential from analyzing Equity Residential's financial statements. These drivers represent accounts that assess Equity Residential's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Equity Residential's important valuation drivers and their relationship over time.
201820192020202120222023 (projected)
Net Income Per Employee243.53 K359.4 K350.44 K555.35 K323.71 K336.14 K
Revenue Per Employee954.98 K1 M986.41 K1.03 M1.14 M947.18 K
Average Assets20.43 B21 B20.64 B20.62 B20.47 B19.62 B
Earnings Before Interest Taxes and Depreciation Amortization EBITDA1.86 B2.2 B2.11 B2.46 B1.96 B2.07 B
Earnings Before Interest Taxes and Depreciation Amortization USD1.86 B2.2 B2.11 B2.46 B1.96 B2.07 B
Earnings before Tax658.41 M968.1 M914.49 M1.33 B777.81 M934.85 M
Average Equity10.23 B10.17 B10.54 B10.59 B10.98 B11.61 B
Enterprise Value33.06 B39.29 B30.56 B42.17 B29.98 B35.37 B
Free Cash Flow986.03 M623.65 M1.94 B896.66 M1.73 B1.71 B
Invested Capital29.1 B30.42 B28.56 B29.46 B27.82 B27.3 B
Invested Capital Average29.1 B30.18 B29.16 B28.85 B28.42 B27.7 B
Market Capitalization24.32 B30.05 B22.07 B33.94 B22.3 B26.01 B
Tangible Asset Value20.39 B21.17 B20.29 B21.17 B20.22 B19.47 B

Equity Residential 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, Equity Residential's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Equity Residential's managers, analysts, and investors.
Environment Score
Governance Score
Social Score

About Equity Residential Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Equity Residential's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Equity Residential using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Equity Residential 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.
Equity Residential is committed to creating communities where people thrive. Equity Residential owns or has investments in 305 properties consisting of 78,568 apartment units, located in Boston, New York, Washington, D.C., Seattle, San Francisco, Southern California and Denver. Equity Residential operates under REITResidential classification in the United States and is traded on New York Stock Exchange. It employs 2400 people.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Equity Residential 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 Aroon Oscillator Now

   

Aroon Oscillator

Analyze current equity momentum using Aroon Oscillator and other momentum ratios
All  Next Launch Module

Pair Trading with Equity Residential

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 Equity Residential 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 Equity Residential will appreciate offsetting losses from the drop in the long position's value.

Moving together with Equity Stock

+0.78AIVApartment Investment And Fiscal Quarter End 30th of June 2023 PairCorr
+0.79AMHAmerican Homes 4 Fiscal Quarter End 30th of June 2023 PairCorr
+0.97AVBAvalonBay Communities Fiscal Quarter End 30th of June 2023 PairCorr

Moving against Equity Stock

-0.45WEWeWork Inc Fiscal Quarter End 30th of June 2023 PairCorr
-0.43UKUcommune International Report 25th of July 2023 PairCorr
-0.42PWPower REIT Fiscal Quarter End 30th of June 2023 PairCorr
The ability to find closely correlated positions to Equity Residential could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Equity Residential 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 Equity Residential - 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 Equity Residential to buy it.
The correlation of Equity Residential 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 Equity Residential moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Equity Residential 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 Equity Residential 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
Check out Equity Residential Altman Z Score, Equity Residential Correlation, Equity Residential Valuation, as well as analyze Equity Residential Alpha and Beta and Equity Residential Hype Analysis. To learn how to invest in Equity Stock, please use our How to Invest in Equity Residential guide. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

Complementary Tools for Equity Stock analysis

When running Equity Residential's price analysis, check to measure Equity Residential'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 Equity Residential is operating at the current time. Most of Equity Residential's value examination focuses on studying past and present price action to predict the probability of Equity Residential's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Equity Residential's price. Additionally, you may evaluate how the addition of Equity Residential to your portfolios can decrease your overall portfolio volatility.
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
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
Bond Directory
Find actively traded corporate debentures issued by US companies
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Money Managers
Screen money managers from public funds and ETFs managed around the world
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Is Equity Residential'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 Equity Residential. If investors know Equity 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 Equity Residential 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
2.006
Dividend Share
2.538
Earnings Share
2.36
Revenue Per Share
7.394
Quarterly Revenue Growth
0.079
The market value of Equity Residential is measured differently than its book value, which is the value of Equity that is recorded on the company's balance sheet. Investors also form their own opinion of Equity Residential's value that differs from its market value or its book value, called intrinsic value, which is Equity Residential'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 Equity Residential's market value can be influenced by many factors that don't directly affect Equity Residential's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Altman
Z Score
Details
Piotroski
F Score
Details
Beneish
M Score
Details
Financial
Analysis
Details
Buy or Sell
Advice
Details
Earnings
Projections
Details
Please note, there is a significant difference between Equity Residential's value and its price as these two are different measures arrived at by different means. Investors typically determine if Equity Residential is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Equity Residential'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.


 
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2023 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY