GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank of Ireland Group PLC (OTCPK:BKRIY) » Definitions » Mohanram G-Score

Bank of Ireland Group (Bank of Ireland Group) Mohanram G-Score : 3 (As of Dec. 2023)


View and export this data going back to 2017. Start your Free Trial

What is Bank of Ireland Group Mohanram G-Score?

Mohanram G-Score is a financial indicator developed by professor Partha Mohanram to help investors find the best investment opportunities in the growth stocks. Companies have higher G-score tends to generate higher return. According to his study, the best growth stocks that have a G-Score greater than 6 tend to beat the market, while those with a G-Score lower than 1 tend to have negative absolute returns.

Thus, the zones of discrimination were as such:

Good or high score = 6, 7, 8
Bad or low score = 0, 1

Bank of Ireland Group has an G-score of 3.

The historical rank and industry rank for Bank of Ireland Group's Mohanram G-Score or its related term are showing as below:

BKRIY' s Mohanram G-Score Range Over the Past 10 Years
Min: 2   Med: 3   Max: 4
Current: 3

During the past 13 years, the highest Piotroski G-score of Bank of Ireland Group was 4. The lowest was 2. And the median was 3.


Bank of Ireland Group Mohanram G-Score Historical Data

The historical data trend for Bank of Ireland Group's Mohanram G-Score can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Bank of Ireland Group Mohanram G-Score Chart

Bank of Ireland Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Mohanram G-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.00 4.00 4.00 3.00 3.00

Bank of Ireland Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Mohanram G-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.00 N/A 3.00 N/A 3.00

Competitive Comparison of Bank of Ireland Group's Mohanram G-Score

For the Banks - Regional subindustry, Bank of Ireland Group's Mohanram G-Score, along with its competitors' market caps and Mohanram G-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bank of Ireland Group's Mohanram G-Score Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bank of Ireland Group's Mohanram G-Score distribution charts can be found below:

* The bar in red indicates where Bank of Ireland Group's Mohanram G-Score falls into.



Bank of Ireland Group Mohanram G-Score Calculation

The calculation of the Mohanram G-score consists of eight criteria. Assign one point for each criterion met, then add up all the points to get the G-Score.

Profitability

Question 1. Return on Assets (ROA)

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. It measures how well a company uses its asset to generate earnings.

Score 1 if ROA > ROA Industry Median, 0 otherwise.

Question 2. Cash ROA

Cash ROA equals to Cash Flow from Operations divided by average Total Assets. It measures how well a company uses its asset to generate cash.

Score 1 if Cash ROA > Cash ROA Industry Median, 0 otherwise.

Question 3. CFO and Net Income

Score 1 if CFO > Net Income, 0 otherwise.

Earnings Predictability

Question 4. Earnings Variability

Earnings Variability is measured as the variance of a firm's ROA in the past five years.

Score 1 if Earnings Variability < Earnings Variability Industry Median, 0 otherwise.

Question 5. Sales Growth Variability

Sales Growth Variability is measured as the 5-year variance in sales growth.

Score 1 if Sales Growth Variability < Sales Growth Variability Industry Median, 0 otherwise.

Accounting Conservatism

Question 6. Research & Development Intensity

Research & Development Intensity is calcualted by Research & Development divided by the beginning Total Assets.

Score 1 if Research & Development Intensity > Research & Development Intensity Industry Median, 0 otherwise.

Question 7. CAPEX Intensity

CAPEX Intensity is calcualted by Capital Expenditure divided by the beginning Total Assets.

Score 1 if CAPEX Intensity > CAPEX Intensity Industry Median, 0 otherwise.

Question 8. Advertising Expenditure Intensity

Advertising Expenditure Intensity is calcualted by Advertising Expenditure divided by the beginning Total Assets. Note that Advertising Expenditure is not reported as a seperate line item for many companies, thus Selling, General, & Admin. Expense is used in this calculation.

Score 1 if Advertising Expenditure Intensity > Advertising Expenditure Intensity Industry Median, 0 otherwise.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Note that all the Industry Median used for comparison in his original research, are substituted with Sector Median due to the limitation of data within certain countries.

Good or high score = 6, 7, 8
Bad or low score = 0, 1

Bank of Ireland Group has an G-score of 3.

Bank of Ireland Group  (OTCPK:BKRIY) Mohanram G-Score Explanation

Partha Mohanram is the John H. Watson Chair in Value Investing at Rotman and the Acting Vice-Dean of Research Strategy and Resources.

In 2000, he wrote a research paper called "Separating Winners from Losers Among Low Book-to-Market Stocks Using Financial Statement Analysis".

This paper tests whether a strategy based on financial statement analysis of low book-to-market (growth) stocks is successful in differentiating between winners and losers in terms of future stock performance. Based on the research, a strategy based on buying high G-score (6, 7 or 8) firms and shorting low G-score (0 or 1) firms consistently earns significant excess returns. Further, the results do not support a risk based explanation for the book-to-market effect as the strategy returns positive returns in all years, and firms that ex-ante appear less risky have better future returns.

To conclude, one can use a modified fundamental analysis strategy (G-score) to identify mispricing and earn substantial abnormal returns.


Bank of Ireland Group Mohanram G-Score Related Terms

Thank you for viewing the detailed overview of Bank of Ireland Group's Mohanram G-Score provided by GuruFocus.com. Please click on the following links to see related term pages.


Bank of Ireland Group (Bank of Ireland Group) Business Description

Address
40 Mespil Road, Dublin, IRL, D04 C2N4
Bank of Ireland Group PLC is an Irish financial services group operating mostly in Ireland and the United Kingdom. Services include mortgages, business, and corporate lending, term loans, leasing, foreign exchange, life assurance, and pension products, among others. The bank's trading divisions include Retail Ireland, Wealth and Insurance, Retail UK, Corporate and Treasury (C&T) and Group Centre. The bank generates the majority of its revenue from Retail Ireland serves consumer and business customers across a broad range of segments and sectors. Revenue is also derived from fees for a range of banking and transaction services. The bank has access to distribution in the United Kingdom via its relationship as a financial services partner with the nation's post office.
Executives
Ross Wilbur L Jr director 328 EL VEDADO ROAD, PALM BEACH FL 33480

Bank of Ireland Group (Bank of Ireland Group) Headlines

From GuruFocus

Prem Watsa Comments on Bank of Ireland

By Holly LaFon 03-11-2014

Third Avenue Value Fund Comments on Bank of Ireland

By Holly LaFon Holly LaFon 08-15-2019

The 6 Stocks Prem Watsa Discusses in His Annual Letter

By Holly LaFon Holly LaFon 03-14-2012

Third Avenue Comments on Bank of Ireland

By Sydnee Gatewood 10-21-2021

Third Avenue Comments on Bank of Ireland

By Sydnee Gatewood Sydnee Gatewood 01-28-2020

Third Avenue Value Fund's Top 5 Buys in the 3rd Quarter

By James Li James Li 10-16-2019

Wilbur Ross on investing like a billionaire

By GuruFocus GuruFocus 03-07-2014