Haymaker Acquisition Corp Stock Piotroski F Score

HYAC Stock  USD 10.74  0.01  0.09%   
This module uses fundamental data of Haymaker Acquisition to approximate its Piotroski F score. Haymaker Acquisition F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Haymaker Acquisition Corp. 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 Haymaker Acquisition financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Haymaker Acquisition Altman Z Score, Haymaker Acquisition Correlation, Haymaker Acquisition Valuation, as well as analyze Haymaker Acquisition Alpha and Beta and Haymaker Acquisition Hype Analysis.
  
As of December 2, 2024, Net Debt is expected to decline to about (248.7 K). In addition to that, Short and Long Term Debt Total is expected to decline to about 148.2 K. At present, Haymaker Acquisition's Cash Per Share is projected to slightly decrease based on the last few years of reporting. The current year's ROE is expected to grow to 0.02, whereas PTB Ratio is forecasted to decline to 1.13.
At this time, it appears that Haymaker Acquisition's Piotroski F Score is Poor. 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..
4.0
Piotroski F Score - Poor
Current Return On Assets

Positive

Focus
Change in Return on Assets

Increased

Focus
Cash Flow Return on Assets

Negative

Focus
Current Quality of Earnings (accrual)

Decreasing

Focus
Asset Turnover Growth

No Change

Focus
Current Ratio Change

Increase

Focus
Long Term Debt Over Assets Change

N/A

Focus
Change In Outstending Shares

Increase

Focus
Change in Gross Margin

No Change

Focus

Haymaker Acquisition Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Haymaker Acquisition is to make sure Haymaker is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Haymaker Acquisition'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 Haymaker Acquisition's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Total Current Liabilities151.5 K159.4 K
Notably Down
Pretty Stable
Total Assets175 M214.3 M
Significantly Down
Slightly volatile
Total Current Assets403.7 K417.4 K
Sufficiently Down
Slightly volatile

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

About Haymaker Acquisition 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

5.84

At present, Haymaker Acquisition's Book Value Per Share is projected to slightly decrease based on the last few years of reporting.

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

About Haymaker Acquisition Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Haymaker Acquisition Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Haymaker Acquisition using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Haymaker Acquisition Corp 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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When determining whether Haymaker Acquisition Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Haymaker Acquisition's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Haymaker Acquisition Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Haymaker Acquisition Corp Stock:
Check out Haymaker Acquisition Altman Z Score, Haymaker Acquisition Correlation, Haymaker Acquisition Valuation, as well as analyze Haymaker Acquisition Alpha and Beta and Haymaker Acquisition Hype Analysis.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Is Multi-Sector Holdings 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 Haymaker Acquisition. If investors know Haymaker 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 Haymaker Acquisition listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.406
The market value of Haymaker Acquisition Corp is measured differently than its book value, which is the value of Haymaker that is recorded on the company's balance sheet. Investors also form their own opinion of Haymaker Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Haymaker Acquisition'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 Haymaker Acquisition's market value can be influenced by many factors that don't directly affect Haymaker Acquisition'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 Haymaker Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Haymaker Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Haymaker Acquisition'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.