Dropbox Stock Piotroski F Score

DBX Stock  USD 27.64  0.75  2.79%   
This module uses fundamental data of Dropbox to approximate its Piotroski F score. Dropbox F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Dropbox. 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 Dropbox financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Dropbox Altman Z Score, Dropbox Correlation, Dropbox Valuation, as well as analyze Dropbox Alpha and Beta and Dropbox Hype Analysis.
For more information on how to buy Dropbox Stock please use our How to Invest in Dropbox guide.
  
At this time, Dropbox's Long Term Debt Total is fairly stable compared to the past year. Short and Long Term Debt is likely to rise to about 226.2 M in 2024, whereas Long Term Debt is likely to drop slightly above 770.6 M in 2024. At this time, Dropbox's PFCF Ratio is fairly stable compared to the past year. Income Quality is likely to rise to 1.81 in 2024, despite the fact that PTB Ratio is likely to grow to (57.63).
At this time, it appears that Dropbox'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..
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

Increase

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Increase

Focus
Change in Gross Margin

No Change

Focus

Dropbox Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Dropbox is to make sure Dropbox is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Dropbox'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 Dropbox's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.860.8385
Fairly Up
Slightly volatile
Gross Profit Margin0.550.8087
Way Down
Slightly volatile
Total Current LiabilitiesB1.2 B
Fairly Down
Slightly volatile
Non Current Liabilities Total1.2 B1.9 B
Way Down
Slightly volatile
Total Assets2.3 BB
Significantly Down
Slightly volatile
Total Current Assets1.2 B1.5 B
Significantly Down
Slightly volatile
Total Cash From Operating Activities541.8 M783.7 M
Way Down
Slightly volatile

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

About Dropbox 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.

Common Stock Shares Outstanding

425.58 Million

At this time, Dropbox's Common Stock Shares Outstanding is fairly stable compared to the past year.

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

About Dropbox Fundamental Analysis

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

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