Can Fite Biopharma Stock Piotroski F Score

CANF Stock  USD 2.10  0.05  2.44%   
This module uses fundamental data of Can Fite to approximate its Piotroski F score. Can Fite F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Can Fite Biopharma. 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 Can Fite financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Can Fite Altman Z Score, Can Fite Correlation, Can Fite Valuation, as well as analyze Can Fite Alpha and Beta and Can Fite Hype Analysis.
  
At this time, Can Fite's Short and Long Term Debt Total is most likely to decrease significantly in the upcoming years. The Can Fite's current Net Debt To EBITDA is estimated to increase to 0.78, while Net Debt is projected to decrease to (4.4 M). At this time, Can Fite's Research And Ddevelopement To Revenue is most likely to drop in the upcoming years. The Can Fite's current Net Debt To EBITDA is estimated to increase to 0.78, while PTB Ratio is projected to decrease to 1.45.
At this time, it appears that Can Fite'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)

Decreasing

Focus
Asset Turnover Growth

Increase

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

N/A

Focus
Change In Outstending Shares

Increase

Focus
Change in Gross Margin

No Change

Focus

Can Fite Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Can Fite is to make sure Can is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Can Fite'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 Can Fite's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.0960.0744
Significantly Up
Pretty Stable
Total Current Liabilities2.4 MM
Fairly Up
Slightly volatile
Non Current Liabilities Total2.4 M1.7 M
Significantly Up
Slightly volatile
Total Assets10.5 M10 M
Sufficiently Up
Slightly volatile
Total Current Assets10.3 M9.9 M
Sufficiently Up
Slightly volatile

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

About Can Fite 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

0.004639

At this time, Can Fite's Book Value Per Share is most likely to slightly decrease in the upcoming years.

Can Fite Current Valuation Drivers

We derive many important indicators used in calculating different scores of Can Fite from analyzing Can Fite's financial statements. These drivers represent accounts that assess Can Fite's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Can Fite's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap9.3M22.2M26.2M17.2M9.5M9.0M
Enterprise Value6.7M14.0M21.9M14.2M5.3M5.0M

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

About Can Fite Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Can Fite Biopharma's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Can Fite using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Can Fite Biopharma 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 Can Fite Biopharma is a strong investment it is important to analyze Can Fite'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 Can Fite's future performance. For an informed investment choice regarding Can Stock, refer to the following important reports:
Check out Can Fite Altman Z Score, Can Fite Correlation, Can Fite Valuation, as well as analyze Can Fite Alpha and Beta and Can Fite Hype Analysis.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Biotechnology 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 Can Fite. If investors know Can 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 Can Fite listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.60)
Quarterly Revenue Growth
(0.19)
Return On Assets
(0.57)
Return On Equity
(1.58)
The market value of Can Fite Biopharma is measured differently than its book value, which is the value of Can that is recorded on the company's balance sheet. Investors also form their own opinion of Can Fite's value that differs from its market value or its book value, called intrinsic value, which is Can Fite'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 Can Fite's market value can be influenced by many factors that don't directly affect Can Fite'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 Can Fite's value and its price as these two are different measures arrived at by different means. Investors typically determine if Can Fite is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Can Fite'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.