Meta Materials Stock Piotroski F Score

MMAT Stock  USD 0.06  0.12  66.11%   
This module uses fundamental data of Meta Materials to approximate its Piotroski F score. Meta Materials F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Meta Materials. 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 Meta Materials financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Meta Materials Altman Z Score, Meta Materials Correlation, Meta Materials Valuation, as well as analyze Meta Materials Alpha and Beta and Meta Materials Hype Analysis.
For more information on how to buy Meta Stock please use our How to Invest in Meta Materials guide.
  
At this time, Meta Materials' Net Debt is comparatively stable compared to the past year. Short Term Debt is likely to gain to about 3.5 M in 2024, whereas Short and Long Term Debt is likely to drop slightly above 761.5 K in 2024. At this time, Meta Materials' PTB Ratio is comparatively stable compared to the past year. Average Payables is likely to gain to about 1.2 M in 2024, whereas Days Sales Outstanding is likely to drop 182.72 in 2024.
At this time, it appears that Meta Materials' Piotroski F Score is Frail. 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..
3.0
Piotroski F Score - Frail
Current Return On Assets

Negative

Focus
Change in Return on Assets

Increased

Focus
Cash Flow Return on Assets

Negative

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Decrease

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

Higher Leverage

Focus
Change In Outstending Shares

Increase

Focus
Change in Gross Margin

Increase

Focus

Meta Materials Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Meta Materials is to make sure Meta is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Meta Materials' 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 Meta Materials' financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.08660.1326
Way Down
Very volatile
Total Current Liabilities15.1 M23.6 M
Way Down
Slightly volatile
Non Current Liabilities Total7.2 M13.2 M
Way Down
Slightly volatile
Total Assets81.1 M59.2 M
Significantly Up
Slightly volatile
Total Current Assets13.9 M17.4 M
Significantly Down
Slightly volatile

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

About Meta Materials 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

3.68

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

About Meta Materials Fundamental Analysis

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

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Meta Stock Analysis

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