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New Peoples Bankshares (New Peoples Bankshares) Mohanram G-Score : 3 (As of Dec. 2023)


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What is New Peoples Bankshares 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

New Peoples Bankshares has an G-score of 3.

The historical rank and industry rank for New Peoples Bankshares's Mohanram G-Score or its related term are showing as below:

NWPP' s Mohanram G-Score Range Over the Past 10 Years
Min: 3   Med: 4   Max: 6
Current: 3

During the past 13 years, the highest Piotroski G-score of New Peoples Bankshares was 6. The lowest was 3. And the median was 4.


New Peoples Bankshares Mohanram G-Score Historical Data

The historical data trend for New Peoples Bankshares'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.

New Peoples Bankshares Mohanram G-Score Chart

New Peoples Bankshares 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 4.00 5.00 6.00 6.00 3.00

New Peoples Bankshares Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 6.00 4.00 4.00 5.00 3.00

Competitive Comparison of New Peoples Bankshares's Mohanram G-Score

For the Banks - Regional subindustry, New Peoples Bankshares'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.


New Peoples Bankshares's Mohanram G-Score Distribution in the Banks Industry

For the Banks industry and Financial Services sector, New Peoples Bankshares's Mohanram G-Score distribution charts can be found below:

* The bar in red indicates where New Peoples Bankshares's Mohanram G-Score falls into.



New Peoples Bankshares 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

New Peoples Bankshares has an G-score of 3.

New Peoples Bankshares  (OTCPK:NWPP) 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.


New Peoples Bankshares Mohanram G-Score Related Terms

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New Peoples Bankshares (New Peoples Bankshares) Business Description

Traded in Other Exchanges
N/A
Address
67 Commerce Drive, Honaker, VA, USA, 24260
New Peoples Bankshares Inc is a bank holding company for New Peoples Bank. The Bank offers a range of banking & related financial services focused on serving individuals, small to medium-size businesses, and the professional community. Its main banking services include personal banking, business banking, and financial services. Its banking products comprise checking, savings, deposit accounts, commercial loans, consumer loans, and real estate loans.
Executives
Harold L Keene director P. O. BOX 1320, HONAKER VA 24260
B Scott White director RT 2, BOX 181-A, CASTLEWOOD VA 24224
Barton Scot Long other: Director-Subsidiary Bank 300 FOUR WINDS DRIVE, BRISTOL VA 24201
John D Cox director 13515 EAST CARTERS VALLEY ROAD, GATE CITY VA 24251
John J. Boczar officer: EVP & Chief Financial Officer 599 TILLIE SCOTT CT, GREENSBORO NC 27455
Christopher Todd Asbury officer: Senior V.P. & C.F.O.
Kiser W James officer: EVP/Chief Banking Officer 67 COMMERCE DR, HONAKER VA 24260
Christopher G Speaks officer: EVP/CFO 104 S. MAIN ST., GREENVILLE SC 29601
J. Robert Buchanan director 2248 UPPER VALLEY ROAD, TAZEWELL VA 24651
Gina D Boggess director PO BOX 5064, PRINCETON WV 24740
Beard John W Jr officer: EVP & Chief Credit Officer NEW PEOPLES BANKSHARES, INC., 67 COMMERCE DRIVE, HONAKER VA 24260
Joseph Darrell Pennington officer: SVP & Chief Financial Officer 5724 BRADINGTON CT, GLEN ALLEN VA 23059
Karen D Wimmer officer: EVP & Chief Credit Officer 67 COMMERCE DRIVE, HONAKER VA 24260
Richard G Preservati 10 percent owner PO BOX 1003, PRINCETON WV 24740
Gent Charles H Jr director P. O. BOX 330, HONAKER VA 24260

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