Safeplus International Holdings Stock Piotroski F Score

BIPH Stock  USD 18.29  0.31  1.67%   
This module uses fundamental data of Safeplus International to approximate its Piotroski F score. Safeplus International F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Safeplus International Holdings. 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 Safeplus International financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Safeplus International Altman Z Score, Safeplus International Correlation, Safeplus International Valuation, as well as analyze Safeplus International Alpha and Beta and Safeplus International Hype Analysis.
  
As of now, Safeplus International's Debt To Equity is increasing as compared to previous years. The Safeplus International's current Interest Debt Per Share is estimated to increase to 73.69, while Short and Long Term Debt is projected to decrease to under 844.3 K. As of now, Safeplus International's PB Ratio is decreasing as compared to previous years. The Safeplus International's current EV To Sales is estimated to increase to 6.26, while Price To Sales Ratio is projected to decrease to 0.59.
At this time, it appears that Safeplus International'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

Positive

Focus
Change in Return on Assets

Decreased

Focus
Cash Flow Return on Assets

Positive

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Decrease

Focus
Current Ratio Change

Increase

Focus
Long Term Debt Over Assets Change

Higher Leverage

Focus
Change In Outstending Shares

Increase

Focus
Change in Gross Margin

Increase

Focus

Safeplus International Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Safeplus International is to make sure Safeplus is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Safeplus International'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 Safeplus International's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.10.1779
Way Down
Slightly volatile
Gross Profit Margin0.460.2488
Way Up
Slightly volatile
Net Debt38.1 B48.1 B
Significantly Down
Slightly volatile
Total Current Liabilities12.3 B11.7 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total46 B55.1 B
Fairly Down
Slightly volatile
Total Assets105.8 B100.8 B
Sufficiently Up
Slightly volatile
Total Current Assets8.4 BB
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities4.3 B4.1 B
Sufficiently Up
Slightly volatile

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

About Safeplus International 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

30.66

As of now, Safeplus International's Book Value Per Share is increasing as compared to previous years.

Safeplus International Current Valuation Drivers

We derive many important indicators used in calculating different scores of Safeplus International from analyzing Safeplus International's financial statements. These drivers represent accounts that assess Safeplus International's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Safeplus International's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap10.9B11.2B11.2B7.1B11.1B7.8B
Enterprise Value32.9B37.8B42.7B39.3B59.2B62.1B

About Safeplus International Fundamental Analysis

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

Currently Active Assets on Macroaxis

When determining whether Safeplus International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Safeplus International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Safeplus International Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Safeplus International Holdings Stock:
Is Health Care Equipment & Supplies 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 Safeplus International. If investors know Safeplus 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 Safeplus International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.09)
Revenue Per Share
0.004
Quarterly Revenue Growth
0.171
Return On Assets
(0.15)
The market value of Safeplus International is measured differently than its book value, which is the value of Safeplus that is recorded on the company's balance sheet. Investors also form their own opinion of Safeplus International's value that differs from its market value or its book value, called intrinsic value, which is Safeplus International'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 Safeplus International's market value can be influenced by many factors that don't directly affect Safeplus International'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 Safeplus International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Safeplus International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Safeplus International'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.