| ARTW Stock | | | USD 1.66 0.01 0.61% |
This module uses fundamental data of Arts Way to approximate its Piotroski F score. Arts Way F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Arts Way Manufacturing Co. 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 Arts Way financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out
Arts Way Altman Z Score,
Arts Way Correlation,
Arts Way Valuation, as well as analyze
Arts Way Alpha and Beta and
Arts Way Hype Analysis.
At this time, Arts Way's
Long Term Debt is fairly stable compared to the past year.
Long Term Debt Total is likely to climb to about 3.3
M in 2024, whereas
Net Debt is likely to drop slightly above 5
M in 2024. At this time, Arts Way's
Inventory Turnover is fairly stable compared to the past year.
POCF Ratio is likely to climb to 4.62 in 2024, whereas
Book Value Per Share is likely to drop 2.18 in 2024.
At this time, it appears that Arts Way'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
| Change in Return on Assets | |
| Cash Flow Return on Assets | |
| Current Quality of Earnings (accrual) | |
| Long Term Debt Over Assets Change | Higher Leverage| Focus | |
| Change In Outstending Shares | |
Arts Way Piotroski F Score Drivers
The critical factor to consider when applying the Piotroski F Score to Arts Way is to make sure Arts is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Arts Way'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 Arts Way's financial numbers are properly reported.
Arts Way Manufacturing 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 Arts Way's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Arts Way in a much-optimized way.
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About Arts Way 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.
Arts Way Current Valuation Drivers
We derive many important indicators used in calculating different scores of Arts Way from analyzing Arts Way's financial statements. These drivers represent accounts that assess Arts Way's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Arts Way's important valuation drivers and their relationship over time.
About Arts Way Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Arts Way Manufacturing Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Arts Way using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at
the intrinsic value of Arts Way Manufacturing Co 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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Additional Tools for Arts Stock Analysis
When running Arts Way's price analysis, check to
measure Arts Way's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Arts Way is operating at the current time. Most of Arts Way's value examination focuses on studying past and present price action to
predict the probability of Arts Way's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arts Way's price. Additionally, you may evaluate how the addition of Arts Way to your portfolios can decrease your overall portfolio volatility.