JP Morgan Piotroski F Score

JPM
 Stock
  

USD 115.30  0.52  0.45%   

This module uses fundamental data of JP Morgan to approximate its Piotroski F score. JP Morgan F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of JP Morgan Chase. 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 JP Morgan financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Please see JP Morgan Altman Z Score, JP Morgan Correlation, JP Morgan Valuation, as well as analyze JP Morgan Alpha and Beta and JP Morgan Hype Analysis.
  
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JP Morgan Long Term Debt is relatively stable at the moment as compared to the past year. The company's current value of Long Term Debt is estimated at 317.82 Billion. Issuance Repayment of Debt Securities is expected to hike to about 15.6 B this year, although the value of Total Debt will most likely fall to nearly 511.8 B. JP Morgan Revenue to Assets are relatively stable at the moment as compared to the past year. The company's current value of Revenue to Assets is estimated at 0.0439. Total Assets Per Share is expected to hike to 1,372 this year, although the value of Debt to Equity Ratio will most likely fall to 10.38.
At this time, it appears that JP Morgan'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
1
Current Return On AssetsPositiveFocus
2
Change in Return on AssetsDecreasedFocus
3
Cash Flow Return on AssetsPositiveFocus
4
Current Quality of Earnings (accrual)ImprovingFocus
5
Asset Turnover GrowthIncreaseFocus
6
Current Ratio ChangeN/AFocus
7
Long Term Debt Over Assets ChangeLower LeverageFocus
8
Change In Outstending SharesIncreaseFocus
9
Change in Gross MarginNo ChangeFocus

JP Morgan Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to JP Morgan is to make sure JP Morgan is not a subject of accounting manipulations and runs a healthy internal audit department. So, if JP Morgan'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 JP Morgan's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares3.1 BB
Fairly Up
Decreasing
Slightly volatile
Weighted Average Shares Diluted3.1 BB
Fairly Up
Decreasing
Slightly volatile
Net Cash Flow from Operations84.2 B78.1 B
Significantly Up
Decreasing
Slightly volatile
Total Assets3519.1 B3743.6 B
Notably Down
Increasing
Slightly volatile
Total Liabilities3223.3 B3449.4 B
Significantly Down
Increasing
Slightly volatile
Total Debt511.8 B548.9 B
Significantly Down
Decreasing
Stable
Return on Average Assets0.01240.013
Sufficiently Down
Increasing
Slightly volatile
Gross Margin0.890.9
Fairly Down
Decreasing
Slightly volatile
Asset Turnover0.03390.033
Fairly Up
Decreasing
Slightly volatile

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

About JP Morgan 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

3.08 Billion

Share
JP Morgan Weighted Average Shares is relatively stable at the moment as compared to the past year. The company's current value of Weighted Average Shares is estimated at 3.08 Billion

JP Morgan Current Valuation Drivers

We derive many important indicators used in calculating different scores of JP Morgan from analyzing JP Morgan's financial statements. These drivers represent accounts that assess JP Morgan's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of JP Morgan's important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee96.78 K126.8 K141.76 K113.77 K178.34 K192.42 K
Revenue Per Employee451.01 K513.12 K554.21 K505.77 K469.34 K442.26 K
Average Assets2,551.53 B2,609.39 B2,729.15 B3,245.84 B3,718.68 B3,499.45 B
Earnings Before Interest Taxes and Depreciation Amortization EBITDA40.2 B46.79 B51.45 B42.71 B65.66 B58.05 B
Earnings Before Interest Taxes and Depreciation Amortization USD40.2 B46.79 B51.45 B42.71 B65.66 B58.05 B
Earnings before Tax34.03 B39 B43.08 B34.09 B57.73 B50.21 B
Average Equity257.11 B257.28 B262.18 B269.05 B287.82 B290.61 B
Enterprise Value425.19 B421.9 B773.76 B457.42 B311.88 B356.23 B
Free Cash Flow(10.83 B)15.61 B4.09 B(79.91 B)78.08 B84.25 B
Invested Capital2,542.7 B2,823.02 B2,886.5 B3,345.82 B3,494.98 B3,444.48 B
Invested Capital Average2,559.81 B2,695.02 B2,964.1 B3,295.82 B3,530.87 B3,469.23 B
Market Capitalization371.05 B324.63 B437.23 B387.34 B467.97 B419.31 B
Tangible Asset Value2,479.21 B2,568.18 B2,634.04 B3,331.33 B3,686.88 B3,459 B

About JP Morgan Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze JP Morgan Chase's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of JP Morgan using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of JP Morgan Chase 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.
JPMorgan Chase Co. operates as a financial services company worldwide. JPMorgan Chase Co. was founded in 1799 and is headquartered in New York, New York. JP Morgan operates under BanksDiversified classification in the United States and is traded on New York Stock Exchange. It employs 273948 people.

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Please see JP Morgan Altman Z Score, JP Morgan Correlation, JP Morgan Valuation, as well as analyze JP Morgan Alpha and Beta and JP Morgan Hype Analysis. Note that the JP Morgan Chase information on this page should be used as a complementary analysis to other JP Morgan's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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When running JP Morgan Chase price analysis, check to measure JP Morgan'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 JP Morgan is operating at the current time. Most of JP Morgan's value examination focuses on studying past and present price action to predict the probability of JP Morgan's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move JP Morgan's price. Additionally, you may evaluate how the addition of JP Morgan to your portfolios can decrease your overall portfolio volatility.
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Is JP Morgan'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 JP Morgan. If investors know JP Morgan 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 JP Morgan 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
-0.42
Market Capitalization
340.2 B
Quarterly Revenue Growth YOY
-0.2
Return On Assets
0.0111
Return On Equity
0.15
The market value of JP Morgan Chase is measured differently than its book value, which is the value of JP Morgan that is recorded on the company's balance sheet. Investors also form their own opinion of JP Morgan's value that differs from its market value or its book value, called intrinsic value, which is JP Morgan'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 JP Morgan's market value can be influenced by many factors that don't directly affect JP Morgan'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 JP Morgan's value and its price as these two are different measures arrived at by different means. Investors typically determine JP Morgan value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JP Morgan'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.