Nice Ltd Adr Stock Piotroski F Score

NICE Stock  USD 176.16  4.85  2.83%   
This module uses fundamental data of Nice to approximate its Piotroski F score. Nice F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Nice Ltd ADR. 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 Nice financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Nice Altman Z Score, Nice Correlation, Nice Valuation, as well as analyze Nice Alpha and Beta and Nice Hype Analysis.
  
At present, Nice's Short and Long Term Debt is projected to decrease significantly based on the last few years of reporting. The current year's Long Term Debt Total is expected to grow to about 312.2 M, whereas Short Term Debt is forecasted to decline to about 181.5 M. At present, Nice's Book Value Per Share is projected to increase significantly based on the last few years of reporting. The current year's Operating Cash Flow Per Share is expected to grow to 8.90, whereas Dividend Yield is forecasted to decline to 0.
At this time, it appears that Nice's Piotroski F Score is Strong. 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..
8.0
Piotroski F Score - Strong
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

Increase

Focus
Current Ratio Change

Increase

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

No Change

Focus

Nice Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Nice is to make sure Nice is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Nice'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 Nice's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.06940.0661
Sufficiently Up
Pretty Stable
Asset Turnover0.590.4646
Significantly Up
Slightly volatile
Gross Profit Margin0.480.6769
Way Down
Pretty Stable
Total Current Liabilities1.2 B1.1 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total675 M642.8 M
Sufficiently Up
Slightly volatile
Total Assets5.4 B5.1 B
Sufficiently Up
Slightly volatile
Total Current Assets2.4 B2.3 B
Sufficiently Up
Slightly volatile

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

About Nice 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

53.2

At present, Nice's Book Value Per Share is projected to increase significantly based on the last few years of reporting.

Nice Current Valuation Drivers

We derive many important indicators used in calculating different scores of Nice from analyzing Nice's financial statements. These drivers represent accounts that assess Nice's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Nice's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap6.6B9.6B20.5B12.2B13.3B14.0B
Enterprise Value6.8B10.0B21.0B12.5B13.6B14.2B

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

About Nice Fundamental Analysis

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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Nice Ltd ADR is a strong investment it is important to analyze Nice's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Nice's future performance. For an informed investment choice regarding Nice Stock, refer to the following important reports:
Is Application Software 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 Nice. If investors know Nice 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 Nice listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.344
Earnings Share
6.47
Revenue Per Share
1.6083
Quarterly Revenue Growth
0.143
Return On Assets
0.0606
The market value of Nice Ltd ADR is measured differently than its book value, which is the value of Nice that is recorded on the company's balance sheet. Investors also form their own opinion of Nice's value that differs from its market value or its book value, called intrinsic value, which is Nice'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 Nice's market value can be influenced by many factors that don't directly affect Nice'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 Nice's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nice is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nice'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.