Color Star Technology Stock Piotroski F Score

ADD Stock  USD 1.66  0.09  5.14%   
This module uses fundamental data of Color Star to approximate its Piotroski F score. Color Star F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Color Star Technology. 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 Color Star financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Color Star Altman Z Score, Color Star Correlation, Color Star Valuation, as well as analyze Color Star Alpha and Beta and Color Star Hype Analysis.
  
As of January 18, 2025, Short and Long Term Debt Total is expected to decline to about 922.1 K. In addition to that, Net Debt is expected to decline to about 904.8 K. At present, Color Star's Dividend Yield is projected to increase slightly based on the last few years of reporting. The current year's Days Sales Outstanding is expected to grow to 193.30, whereas Book Value Per Share is projected to grow to (0.25).
At this time, it appears that Color Star'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..
5.0
Piotroski F Score - Healthy
Current Return On Assets

Negative

Focus
Change in Return on Assets

Increased

Focus
Cash Flow Return on Assets

Negative

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Increase

Focus
Current Ratio Change

Increase

Focus
Long Term Debt Over Assets Change

N/A

Focus
Change In Outstending Shares

Increase

Focus
Change in Gross Margin

No Change

Focus

Color Star Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Color Star is to make sure Color is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Color Star'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 Color Star's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover23.6422.5175
Sufficiently Up
Slightly volatile
Gross Profit Margin0.05650.0595
Notably Down
Pretty Stable
Total Current Liabilities7.7 M8.2 M
Notably Down
Slightly volatile
Total Assets23.6 M24.8 M
Notably Down
Slightly volatile
Total Current AssetsM9.4 M
Notably Down
Slightly volatile

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

About Color Star 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.

Common Stock Shares Outstanding

45.98 Million

At present, Color Star's Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting.

About Color Star Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Color Star Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Color Star using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Color Star Technology 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.

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Color Star Technology is a strong investment it is important to analyze Color Star's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Color Star's future performance. For an informed investment choice regarding Color Stock, refer to the following important reports:
Check out Color Star Altman Z Score, Color Star Correlation, Color Star Valuation, as well as analyze Color Star Alpha and Beta and Color Star Hype Analysis.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Movies & Entertainment space 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 Color Star. If investors know Color 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 Color Star listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(71.00)
Revenue Per Share
0.074
Quarterly Revenue Growth
3.047
Return On Assets
(0.59)
Return On Equity
(1.24)
The market value of Color Star Technology is measured differently than its book value, which is the value of Color that is recorded on the company's balance sheet. Investors also form their own opinion of Color Star's value that differs from its market value or its book value, called intrinsic value, which is Color Star'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 Color Star's market value can be influenced by many factors that don't directly affect Color Star'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 Color Star's value and its price as these two are different measures arrived at by different means. Investors typically determine if Color Star is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Color Star'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.