Fintech Select Stock Piotroski F Score

FTEC Stock  CAD 0.04  0.01  33.33%   
This module uses fundamental data of Fintech Select to approximate its Piotroski F score. Fintech Select F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Fintech Select. 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 Fintech Select financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fintech Select. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
  
At this time, Fintech Select's Debt To Assets are fairly stable compared to the past year. Debt Ratio is likely to climb to 0.29 in 2024, whereas Net Debt is likely to drop slightly above 70.4 K in 2024. At this time, Fintech Select's EV To Operating Cash Flow is fairly stable compared to the past year. PE Ratio is likely to climb to 10.21 in 2024, despite the fact that PTB Ratio is likely to grow to (3.87).
At this time, it appears that Fintech Select's Piotroski F Score is Inapplicable. 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 - Inapplicable
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

Increase

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Increase

Focus
Change in Gross Margin

No Change

Focus

Fintech Select Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Fintech Select is to make sure Fintech is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Fintech Select'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 Fintech Select's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover5.476.8838
Significantly Down
Very volatile
Gross Profit Margin0.120.1228
Fairly Down
Slightly volatile
Total Current Liabilities1.3 M1.3 M
Notably Down
Slightly volatile
Total Assets527.5 K555.2 K
Notably Down
Slightly volatile
Total Current Assets446.4 K469.9 K
Notably Down
Slightly volatile

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

About Fintech Select 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

(0.0103)

At this time, Fintech Select's Book Value Per Share is fairly stable compared to the past year.

Fintech Select Current Valuation Drivers

We derive many important indicators used in calculating different scores of Fintech Select from analyzing Fintech Select's financial statements. These drivers represent accounts that assess Fintech Select's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Fintech Select's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap1.4M6.4M2.9M1.6M3.2M3.0M
Enterprise Value1.9M6.8M3.1M2.1M3.3M3.1M

About Fintech Select Fundamental Analysis

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

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