GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Woodside Energy Group Ltd (NYSE:WDS) » Definitions » Mohanram G-Score

Woodside Energy Group (Woodside Energy Group) Mohanram G-Score : 5 (As of Dec. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Woodside Energy 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

Woodside Energy Group has an G-score of 5.

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

WDS' s Mohanram G-Score Range Over the Past 10 Years
Min: 3   Med: 5   Max: 6
Current: 5

During the past 13 years, the highest Piotroski G-score of Woodside Energy Group was 6. The lowest was 3. And the median was 5.


Woodside Energy Group Mohanram G-Score Historical Data

The historical data trend for Woodside Energy 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.

Woodside Energy Group Mohanram G-Score Chart

Woodside Energy 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 6.00 4.00 5.00 5.00 5.00

Woodside Energy 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 5.00 N/A 5.00 N/A 5.00

Competitive Comparison of Woodside Energy Group's Mohanram G-Score

For the Oil & Gas E&P subindustry, Woodside Energy 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.


Woodside Energy Group's Mohanram G-Score Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Woodside Energy Group's Mohanram G-Score distribution charts can be found below:

* The bar in red indicates where Woodside Energy Group's Mohanram G-Score falls into.



Woodside Energy 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

Woodside Energy Group has an G-score of 5.

Woodside Energy Group  (NYSE:WDS) 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.


Woodside Energy Group Mohanram G-Score Related Terms

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


Woodside Energy Group (Woodside Energy Group) Business Description

Traded in Other Exchanges
Address
11 Mount Street, Mia Yellagonga, Perth, WA, AUS, 6000
Incorporated in 1954 and named after the small Victorian town of Woodside, Woodside's early exploration focus moved from Victoria's Gippsland Basin to Western Australia's Carnarvon Basin. First LNG production from the North West Shelf came in 1984. BHP Billiton and Shell each had 40% shareholdings before BHP sold out in 1994 and Shell sold down to 34%. In 2010, Shell further decreased its shareholding to 24%. Woodside has the potential to become the most LNG-leveraged company globally.

Woodside Energy Group (Woodside Energy Group) Headlines

From GuruFocus

Woodside Energy Group Ltd Announces Third Quarter 2022 Report

By ACCESSWIRE ACCESSWIRE 10-20-2022

Woodside Energy Group Ltd Announces Company Secretary Change

By ACCESSWIRE ACCESSWIRE 10-20-2022

Woodside Energy Group Ltd Announces First Quarter 2023 Report

By ACCESSWIRE ACCESSWIRE 04-21-2023

Growing Dividends and Total Returns Down Under

By Elliot Gue Elliot Gue 09-21-2012

Woodside Energy Group Ltd Announces 2023 full-year guidance

By ACCESSWIRE ACCESSWIRE 11-29-2022

Woodside Energy Group 2022 Production Guidance Clarification

By Business Wire Business Wire 07-21-2022