The First Bancshares, Stock Piotroski F Score

FBMS Stock  USD 37.65  0.76  2.06%   
This module uses fundamental data of First Bancshares, to approximate its Piotroski F score. First Bancshares, F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of The First Bancshares,. 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 First Bancshares, financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out First Bancshares, Altman Z Score, First Bancshares, Correlation, First Bancshares, Valuation, as well as analyze First Bancshares, Alpha and Beta and First Bancshares, Hype Analysis.
  
At this time, First Bancshares,'s Short and Long Term Debt is comparatively stable compared to the past year. Cash Flow To Debt Ratio is likely to gain to 0.92 in 2024, whereas Short and Long Term Debt Total is likely to drop slightly above 92.5 M in 2024. At this time, First Bancshares,'s ROIC is comparatively stable compared to the past year. Net Income Per Share is likely to gain to 2.53 in 2024, whereas Days Sales Outstanding is likely to drop 34.13 in 2024.
At this time, it appears that First Bancshares,'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

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

Lower Leverage

Focus
Change In Outstending Shares

Increase

Focus
Change in Gross Margin

No Change

Focus

First Bancshares, Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to First Bancshares, is to make sure First is not a subject of accounting manipulations and runs a healthy internal audit department. So, if First Bancshares,'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 First Bancshares,'s financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.02620.0361
Way Down
Pretty Stable
Total Current Liabilities7.1 B6.8 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total325.1 M309.6 M
Sufficiently Up
Slightly volatile
Total Assets8.4 BB
Sufficiently Up
Slightly volatile
Total Current Assets672.9 M751.9 M
Moderately Down
Slightly volatile

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

About First Bancshares, 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

31.76

At this time, First Bancshares,'s Book Value Per Share is comparatively stable compared to the past year.

First Bancshares, Current Valuation Drivers

We derive many important indicators used in calculating different scores of First Bancshares, from analyzing First Bancshares,'s financial statements. These drivers represent accounts that assess First Bancshares,'s ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of First Bancshares,'s important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap609.3M643.4M817.9M709.2M920.2M966.2M
Enterprise Value735.5M340.1M42.9M848.7M705.0M740.3M

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

About First Bancshares, Fundamental Analysis

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

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