Mfs Multimarket Income Stock Piotroski F Score

MMT Stock  USD 4.70  0.02  0.43%   
This module uses fundamental data of MFS Multimarket to approximate its Piotroski F score. MFS Multimarket F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of MFS Multimarket Income. 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 MFS Multimarket financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out MFS Multimarket Altman Z Score, MFS Multimarket Correlation, MFS Multimarket Valuation, as well as analyze MFS Multimarket Alpha and Beta and MFS Multimarket Hype Analysis.
  
Interest Debt Per Share is likely to gain to 1.67 in 2024, whereas Short Term Debt is likely to drop slightly above 65.5 M in 2024. At this time, MFS Multimarket's Free Cash Flow Per Share is comparatively stable compared to the past year. ROIC is likely to gain to 0.07 in 2024, whereas Inventory Turnover is likely to drop (2.44) in 2024.
At this time, it appears that MFS Multimarket'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

Decreased

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

N/A

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

No Change

Focus

MFS Multimarket Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to MFS Multimarket is to make sure MFS is not a subject of accounting manipulations and runs a healthy internal audit department. So, if MFS Multimarket'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 MFS Multimarket's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.750.94
Significantly Down
Very volatile
Net Debt79.2 M85.5 M
Significantly Down
Slightly volatile
Total Current Liabilities97.7 M93.1 M
Sufficiently Up
Slightly volatile
Total Assets418.1 M331.2 M
Significantly Up
Slightly volatile
Total Current Assets8.2 M10.7 M
Way Down
Slightly volatile
Total Cash From Operating Activities37.5 M45.6 M
Significantly Down
Very volatile

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

About MFS Multimarket 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

56.37 Million

At this time, MFS Multimarket's Common Stock Shares Outstanding is comparatively stable compared to the past year.

MFS Multimarket Current Valuation Drivers

We derive many important indicators used in calculating different scores of MFS Multimarket from analyzing MFS Multimarket's financial statements. These drivers represent accounts that assess MFS Multimarket's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of MFS Multimarket's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap391.4M332.0M252.9M239.6M275.5M347.1M
Enterprise Value491.4M431.6M352.4M334.6M384.8M446.1M

About MFS Multimarket Fundamental Analysis

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

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