A2z Smart Technologies Stock Piotroski F Score

AZ Stock  USD 6.94  0.51  7.93%   
This module uses fundamental data of A2Z Smart to approximate its Piotroski F score. A2Z Smart F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of A2Z Smart Technologies. 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 A2Z Smart financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out A2Z Smart Altman Z Score, A2Z Smart Correlation, A2Z Smart Valuation, as well as analyze A2Z Smart Alpha and Beta and A2Z Smart Hype Analysis.
  
At this time, A2Z Smart's Long Term Debt is fairly stable compared to the past year. Net Debt To EBITDA is likely to rise to 0.02 in 2024, whereas Net Debt is likely to drop (286.6 K) in 2024. At this time, A2Z Smart's Debt To Equity is fairly stable compared to the past year.
At this time, it appears that A2Z Smart's Piotroski F Score is Frail. 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..
2.0
Piotroski F Score - Frail
Current Return On Assets

Negative

Focus
Change in Return on Assets

Decreased

Focus
Cash Flow Return on Assets

Negative

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Increase

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

Higher Leverage

Focus
Change In Outstending Shares

Increase

Focus
Change in Gross Margin

No Change

Focus

A2Z Smart Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to A2Z Smart is to make sure A2Z is not a subject of accounting manipulations and runs a healthy internal audit department. So, if A2Z Smart'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 A2Z Smart's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.391.3353
Sufficiently Up
Very volatile
Gross Profit Margin0.120.1233
Fairly Down
Slightly volatile
Total Current Liabilities2.9 M5.6 M
Way Down
Slightly volatile
Total Assets10 M8.5 M
Fairly Up
Slightly volatile
Total Current Assets5.8 M4.7 M
Fairly Up
Slightly volatile

A2Z Smart Technologies 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 A2Z Smart's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards A2Z Smart in a much-optimized way.

About A2Z Smart 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.

Pretax Profit Margin

(1.7)

At this time, A2Z Smart's Pretax Profit Margin is fairly stable compared to the past year.

A2Z Smart Current Valuation Drivers

We derive many important indicators used in calculating different scores of A2Z Smart from analyzing A2Z Smart's financial statements. These drivers represent accounts that assess A2Z Smart's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of A2Z Smart's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap25.1M94.3M632.1M88.0M47.7M45.3M
Enterprise Value25.2M90.0M624.5M88.0M47.4M45.0M

A2Z Smart 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, A2Z Smart's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to A2Z Smart's managers, analysts, and investors.
Environmental
Governance
Social

About A2Z Smart Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze A2Z Smart Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of A2Z Smart using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of A2Z Smart Technologies 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 A2Z Stock Analysis

When running A2Z Smart's price analysis, check to measure A2Z Smart'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 A2Z Smart is operating at the current time. Most of A2Z Smart's value examination focuses on studying past and present price action to predict the probability of A2Z Smart's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move A2Z Smart's price. Additionally, you may evaluate how the addition of A2Z Smart to your portfolios can decrease your overall portfolio volatility.