ODP Corp Piotroski F Score

ODP
 Stock
  

USD 47.55  0.08  0.17%   

This module uses fundamental data of ODP Corp to approximate its Piotroski F score. ODP Corp F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of ODP Corp. 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 ODP Corp financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Please check ODP Corp Altman Z Score, ODP Corp Correlation, ODP Corp Valuation, as well as analyze ODP Corp Alpha and Beta and ODP Corp Hype Analysis.
  
ODP Corp Total Debt is very stable at the moment as compared to the past year. ODP Corp reported last year Total Debt of 1.36 Billion. As of 7th of December 2022, Debt Current is likely to grow to about 34.2 M, while Issuance Repayment of Debt Securities is likely to drop (367.1 M). ODP Corp Return on Investment is very stable at the moment as compared to the past year. ODP Corp reported last year Return on Investment of 12.65. As of 7th of December 2022, Cash Flow Per Share is likely to grow to 0.86, while Inventory Turnover is likely to drop 6.35.
At this time, it appears that ODP Corp'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 SharesIncreaseFocus
9
Change in Gross MarginIncreaseFocus

ODP Corp Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to ODP Corp is to make sure ODP Corp is not a subject of accounting manipulations and runs a healthy internal audit department. So, if ODP Corp'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 ODP Corp's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares Diluted577.2 M535 M
Significantly Up
Increasing
Slightly volatile
Weighted Average Shares563.2 M522 M
Significantly Up
Increasing
Slightly volatile
Return on Average Assets3.293.0515
Significantly Up
Increasing
Stable
Net Cash Flow from Operations375.1 M467 M
Significantly Down
Increasing
Slightly volatile
Current Liabilities2.4 BB
Fairly Up
Increasing
Very volatile
Total Liabilities3.9 B4.2 B
Notably Down
Increasing
Slightly volatile
Gross Margin27.0324.0332
Moderately Up
Decreasing
Stable
Total Debt1.5 B1.4 B
Moderately Up
Increasing
Stable
Asset Turnover2.061.7264
Fairly Up
Decreasing
Slightly volatile
Current Assets3.3 B2.9 B
Fairly Up
Increasing
Stable
Total Assets5.8 B6.3 B
Significantly Down
Increasing
Slightly volatile

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

About ODP Corp 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

563.21 Million

ODP Corp Weighted Average Shares is very stable at the moment as compared to the past year. ODP Corp reported last year Weighted Average Shares of 522 Million

About ODP Corp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze ODP Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ODP Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ODP Corp 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.
The ODP Corporation provides business services and supplies, products, and digital workplace technology solutions for small, medium, and enterprise businesses. The ODP Corporation was incorporated in 1986 and is headquartered in Boca Raton, Florida. Office Depot operates under Specialty Retail classification in the United States and is traded on NASDAQ Exchange. It employs 26000 people.

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Please check ODP Corp Altman Z Score, ODP Corp Correlation, ODP Corp Valuation, as well as analyze ODP Corp Alpha and Beta and ODP Corp Hype Analysis. Note that the ODP Corp information on this page should be used as a complementary analysis to other ODP Corp'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 Probability Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

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When running ODP Corp price analysis, check to measure ODP Corp'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 ODP Corp is operating at the current time. Most of ODP Corp's value examination focuses on studying past and present price action to predict the probability of ODP Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move ODP Corp's price. Additionally, you may evaluate how the addition of ODP Corp to your portfolios can decrease your overall portfolio volatility.
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Is ODP Corp'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 ODP Corp. If investors know ODP Corp 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 ODP Corp 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
(0.26) 
Market Capitalization
2.2 B
Quarterly Revenue Growth YOY
(0.003) 
Return On Assets
0.0372
Return On Equity
0.1035
The market value of ODP Corp is measured differently than its book value, which is the value of ODP Corp that is recorded on the company's balance sheet. Investors also form their own opinion of ODP Corp's value that differs from its market value or its book value, called intrinsic value, which is ODP Corp'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 ODP Corp's market value can be influenced by many factors that don't directly affect ODP Corp'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 ODP Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine ODP Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ODP Corp'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.