Corcept Therapeutics Incorporated Stock Piotroski F Score

CORT Stock  USD 57.54  1.62  2.90%   
This module uses fundamental data of Corcept Therapeutics to approximate its Piotroski F score. Corcept Therapeutics F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Corcept Therapeutics Incorporated. 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 Corcept Therapeutics financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Corcept Therapeutics Altman Z Score, Corcept Therapeutics Correlation, Corcept Therapeutics Valuation, as well as analyze Corcept Therapeutics Alpha and Beta and Corcept Therapeutics Hype Analysis.
  
At this time, Corcept Therapeutics' Long Term Debt Total is comparatively stable compared to the past year. Debt To Equity is likely to gain to 0.0003 in 2024, whereas Short Term Debt is likely to drop slightly above 286.9 K in 2024. At this time, Corcept Therapeutics' Inventory Turnover is comparatively stable compared to the past year. Net Income Per Share is likely to gain to 1.08 in 2024, whereas Capex To Depreciation is likely to drop 0.06 in 2024.
At this time, it appears that Corcept Therapeutics' 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..
6.0
Piotroski F Score - Healthy
Current Return On Assets

Positive

Focus
Change in Return on Assets

Increased

Focus
Cash Flow Return on Assets

Positive

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Decrease

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

Corcept Therapeutics Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Corcept Therapeutics is to make sure Corcept is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Corcept Therapeutics' 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 Corcept Therapeutics' financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.420.7761
Way Down
Slightly volatile
Gross Profit Margin0.780.9866
Significantly Down
Slightly volatile
Total Current Liabilities109.7 M104.5 M
Sufficiently Up
Slightly volatile
Total Assets652.6 M621.5 M
Sufficiently Up
Slightly volatile
Total Current Assets481.6 M458.6 M
Sufficiently Up
Slightly volatile

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

About Corcept Therapeutics 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

5.14

At this time, Corcept Therapeutics' Book Value Per Share is comparatively stable compared to the past year.

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

About Corcept Therapeutics Fundamental Analysis

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

Thematic Opportunities

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Additional Tools for Corcept Stock Analysis

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