Alpha Star Acquisition Stock Piotroski F Score

ALSA Stock  USD 10.00  0.00  0.00%   
This module uses fundamental data of Alpha Star to approximate its Piotroski F score. Alpha Star F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Alpha Star Acquisition. 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 Alpha Star financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Alpha Star Altman Z Score, Alpha Star Correlation, Alpha Star Valuation, as well as analyze Alpha Star Alpha and Beta and Alpha Star Hype Analysis.
  
At present, Alpha Star's Net Debt is projected to increase significantly based on the last few years of reporting. The current year's Net Debt To EBITDA is expected to grow to 1.01, whereas Short and Long Term Debt Total is forecasted to decline to about 3.2 M. At present, Alpha Star's Book Value Per Share is projected to increase slightly based on the last few years of reporting. The current year's Net Income Per Share is expected to grow to 0.34, whereas PTB Ratio is forecasted to decline to 1.14.
At this time, it appears that Alpha Star's Piotroski F Score is Poor. 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..
4.0
Piotroski F Score - Poor
Current Return On Assets

Positive

Focus
Change in Return on Assets

Increased

Focus
Cash Flow Return on Assets

Negative

Focus
Current Quality of Earnings (accrual)

Decreasing

Focus
Asset Turnover Growth

No Change

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

N/A

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

No Change

Focus

Alpha Star Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Alpha Star is to make sure Alpha is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Alpha 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 Alpha Star's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Total Current Liabilities5.1 M6.2 M
Significantly Down
Slightly volatile
Non Current Liabilities Total1.8 M2.9 M
Way Down
Slightly volatile
Total Assets90.8 M101.6 M
Moderately Down
Slightly volatile
Total Current Assets11.9 K12.5 K
Notably Down
Slightly volatile

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

About Alpha 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.

Book Value Per Share

8.14

At present, Alpha Star's Book Value Per Share is projected to increase slightly based on the last few years of reporting.

Alpha Star ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Alpha Star's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Alpha Star's managers, analysts, and investors.
Environmental
Governance
Social

About Alpha Star Fundamental Analysis

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

Alpha Star financial ratios help investors to determine whether Alpha Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Alpha with respect to the benefits of owning Alpha Star security.