Ameren Corporation (NYSE:AEE) and TransUnion (NYSE:TRU)’s Quant Signals Underline What’s Behind the Firms’ Share Movement

The Price to book ratio is the current share price of a company divided by the book value per share.  The Price to Book ratio for Ameren Corporation NYSE:AEE is 2.327772.  A lower price to book ratio indicates that the stock might be undervalued.  Similarly, Price to cash flow ratio is another helpful ratio in determining a company’s value.  The Price to Cash Flow for Ameren Corporation (NYSE:AEE) is 8.185819.  This ratio is calculated by dividing the market value of a company by cash from operating activities.  Additionally, the price to earnings ratio is another popular way for analysts and investors to determine a company’s profitability.  The price to earnings ratio for Ameren Corporation (NYSE:AEE) is 21.795373. This ratio is found by taking the current share price and dividing by earnings per share.

In taking a look at some other notable technicals, Ameren Corporation (NYSE:AEE)’s ROIC is 0.056468. The ROIC 5 year average is 0.061860 and the ROIC Quality ratio is 16.131833. ROIC is a profitability ratio that measures the return that an investment generates for those providing capital. ROIC helps show how efficient a firm is at turning capital into profits.

We also note that Ameren Corporation (NYSE:AEE) has a Shareholder Yield of 0.019321 and a Shareholder Yield (Mebane Faber) of -0.01683. The first value is calculated by adding the dividend yield to the percentage of repurchased shares. The second value adds in the net debt repaid yield to the calculation. Shareholder yield has the ability to show how much money the firm is giving back to shareholders via a few different avenues. Companies may issue new shares and buy back their own shares. This may occur at the same time. Investors may also use shareholder yield to gauge a baseline rate of return.

Ameren Corporation (NYSE:AEE) has a current MF Rank of 8302. Developed by hedge fund manager Joel Greenblatt, the intention of the formula is to spot high quality companies that are trading at an attractive price. The formula uses ROIC and earnings yield ratios to find quality, undervalued stocks. In general, companies with the lowest combined rank may be the higher quality picks.

We can now take a quick look at some historical stock price index data. Ameren Corporation (NYSE:AEE) presently has a 10 month price index of 1.31159. The price index is calculated by dividing the current share price by the share price ten months ago. A ratio over one indicates an increase in share price over the period. A ratio lower than one shows that the price has decreased over that time period. Looking at some alternate time periods, the 12 month price index is 1.35110, the 24 month is 1.38337, and the 36 month is 1.60907. Narrowing in a bit closer, the 5 month price index is 1.14517, the 3 month is 1.07874, and the 1 month is currently 1.04205.

The C-Score is a system developed by James Montier that helps determine whether a company is involved in falsifying their financial statements. The C-Score is calculated by a variety of items, including a growing difference in net income verse cash flow, increasing days outstanding, growing days sales of inventory, increasing assets to sales, declines in depreciation, and high total asset growth. The C-Score of Ameren Corporation (NYSE:AEE) is 0.00000. The score ranges on a scale of -1 to 6. If the score is -1, then there is not enough information to determine the C-Score. If the number is at zero (0) then there is no evidence of fraudulent book cooking, whereas a number of 6 indicates a high likelihood of fraudulent activity. The C-Score assists investors in assessing the likelihood of a company cheating in the books.

Volatility

Watching some historical volatility numbers on shares of Ameren Corporation (NYSE:AEE), we can see that the 12 month volatility is presently 17.287900. The 6 month volatility is 19.017900, and the 3 month is spotted at 20.814100. Following volatility data can help measure how much the stock price has fluctuated over the specified time period. Although past volatility action may help project future stock volatility, it may also be vastly different when taking into account other factors that may be driving price action during the measured time period.

Piotroski F-Score

At the time of writing, Ameren Corporation (NYSE:AEE) has a Piotroski F-Score of 5. The F-Score may help discover companies with strengthening balance sheets. The score may also be used to spot the weak performers. Joseph Piotroski developed the F-Score which employs nine different variables based on the company financial statement. A single point is assigned to each test that a stock passes. Typically, a stock scoring an 8 or 9 would be seen as strong. On the other end, a stock with a score from 0-2 would be viewed as weak.

P/B

Ameren Corporation (NYSE:AEE) has a Price to Book ratio of 2.327772. This ratio is calculated by dividing the current share price by the book value per share. Investors may use Price to Book to display how the market portrays the value of a stock. Checking in on some other ratios, the company has a Price to Cash Flow ratio of 8.185819, and a current Price to Earnings ratio of 21.795373. The P/E ratio is one of the most common ratios used for figuring out whether a company is overvalued or undervalued.

The MF Rank developed by hedge fund manager and investor Joel Greenblatt, was formulated to spot high quality companies that are trading at an attractive price. The formula uses ROIC and earnings yield ratios to find quality, undervalued stocks. Generally speaking, companies with the lowest combined rank may be the higher quality picks. TransUnion (NYSE:TRU) has a current MF Rank of 4879. 

In taking a look at some notable technicals, TransUnion (NYSE:TRU)’s ROIC is 0.788947. The ROIC 5 year average is 0.634535 and the ROIC Quality ratio is 5.263196. ROIC is a profitability ratio that measures the return that an investment generates for those providing capital. ROIC helps show how efficient a firm is at turning capital into profits.

The Q.i. Value of TransUnion (NYSE:TRU) is 47.00000. The Q.i. Value is a helpful tool in determining if a company is undervalued or not. The Q.i. Value is calculated using the following ratios: EBITDA Yield, Earnings Yield, FCF Yield, and Liquidity. The lower the Q.i. value, the more undervalued the company is thought to be.

The FCF Yield 5yr Average is calculated by taking the five year average free cash flow of a company, and dividing it by the current enterprise value. Enterprise Value is calculated by taking the market capitalization plus debt, minority interest and preferred shares, minus total cash and cash equivalents. The average FCF of a company is determined by looking at the cash generated by operations of the company. The Free Cash Flow Yield 5 Year Average of TransUnion (NYSE:TRU) is 0.010310.

Quant Scores

TransUnion (NYSE:TRU) currently has a Montier C-score of 4.00000. This indicator was developed by James Montier in an attempt to identify firms that were cooking the books in order to appear better on paper. The score ranges from zero to six where a 0 would indicate no evidence of book cooking, and a 6 would indicate a high likelihood. A C-score of -1 would indicate that there is not enough information available to calculate the score. Montier used six inputs in the calculation. These inputs included a growing difference between net income and cash flow from operations, increasing receivable days, growing day’s sales of inventory, increasing other current assets, decrease in depreciation relative to gross property plant and equipment, and high total asset growth.

TransUnion (NYSE:TRU) has an M-score Beneish of -2.466088. This M-score model was developed by Messod Beneish in order to detect manipulation of financial statements. The score uses a combination of eight different variables. The specifics of the variables and formula can be found in the Beneish paper “The Detection of Earnings Manipulation”.

At the time of writing, TransUnion (NYSE:TRU) has a Piotroski F-Score of 5. The F-Score may help discover companies with strengthening balance sheets. The score may also be used to spot the weak performers. Joseph Piotroski developed the F-Score which employs nine different variables based on the company financial statement. A single point is assigned to each test that a stock passes. Typically, a stock scoring an 8 or 9 would be seen as strong. On the other end, a stock with a score from 0-2 would be viewed as weak.

TransUnion (NYSE:TRU) has a current MF Rank of 4879. Developed by hedge fund manager Joel Greenblatt, the intention of the formula is to spot high quality companies that are trading at an attractive price. The formula uses ROIC and earnings yield ratios to find quality, undervalued stocks. In general, companies with the lowest combined rank may be the higher quality picks.

Shareholder Yield
We also note that TransUnion (NYSE:TRU) has a Shareholder Yield of -0.011355 and a Shareholder Yield (Mebane Faber) of -0.13765. The first value is calculated by adding the dividend yield to the percentage of repurchased shares. The second value adds in the net debt repaid yield to the calculation. Shareholder yield has the ability to show how much money the firm is giving back to shareholders via a few different avenues. Companies may issue new shares and buy back their own shares. This may occur at the same time. Investors may also use shareholder yield to gauge a baseline rate of return.

PI
We can now take aquick look at some historical stock price index data. TransUnion (NYSE:TRU) presently has a 10 month price index of 0.94438. The price index is calculated by dividing the current share price by the share price ten months ago. A ratio over one indicates an increase in share price over the period.

A ratio lower than one shows that the price has decreased over that time period. Looking at some alternate time periods, the 12 month price index is 1.11313, the 24 month is 1.72620, and the 36 month is 2.51968. Narrowing in a bit closer, the 5 month price index is 0.95843, the 3 month is 1.14866, and the 1 month is currently 1.03057.