Oddity Tech Ltd Stock Piotroski F Score

ODD Stock   45.56  2.44  5.66%   
This module uses fundamental data of ODDITY Tech to approximate its Piotroski F score. ODDITY Tech F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of ODDITY Tech Ltd. 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 ODDITY Tech financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out ODDITY Tech Altman Z Score, ODDITY Tech Correlation, ODDITY Tech Valuation, as well as analyze ODDITY Tech Alpha and Beta and ODDITY Tech Hype Analysis.
  
At present, ODDITY Tech's Debt To Equity is projected to slightly decrease based on the last few years of reporting. The current year's Debt To Assets is expected to grow to 0.04, whereas Net Debt is forecasted to decline to (25.2 M). At present, ODDITY Tech's Book Value Per Share is projected to increase slightly based on the last few years of reporting. The current year's Free Cash Flow Yield is expected to grow to 0.03, whereas PTB Ratio is forecasted to decline to 8.88.
At this time, it appears that ODDITY Tech'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..
6.0
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

Increase

Focus
Current Ratio Change

Increase

Focus
Long Term Debt Over Assets Change

Higher Leverage

Focus
Change In Outstending Shares

Increase

Focus
Change in Gross Margin

Increase

Focus

ODDITY Tech Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to ODDITY Tech is to make sure ODDITY is not a subject of accounting manipulations and runs a healthy internal audit department. So, if ODDITY Tech'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 ODDITY Tech's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.0960.1446
Way Down
Slightly volatile
Asset Turnover1.561.2563
Fairly Up
Slightly volatile
Gross Profit Margin0.760.7042
Significantly Up
Pretty Stable
Total Current Liabilities77.5 M109.3 M
Way Down
Slightly volatile
Non Current Liabilities Total16.9 M12.5 M
Significantly Up
Slightly volatile
Total Assets232.7 M404.9 M
Way Down
Slightly volatile
Total Current Assets144.8 M223.8 M
Way Down
Slightly volatile
Total Cash From Operating Activities43.8 M87.5 M
Way Down
Slightly volatile

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

About ODDITY Tech 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.

Short Long Term Debt Total

10.79 Million

At present, ODDITY Tech's Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting.

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

About ODDITY Tech Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze ODDITY Tech Ltd's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ODDITY Tech using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ODDITY Tech Ltd 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 ODDITY Tech is a strong investment it is important to analyze ODDITY Tech'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 ODDITY Tech's future performance. For an informed investment choice regarding ODDITY Stock, refer to the following important reports:
Check out ODDITY Tech Altman Z Score, ODDITY Tech Correlation, ODDITY Tech Valuation, as well as analyze ODDITY Tech Alpha and Beta and ODDITY Tech Hype Analysis.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Personal Care Products 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 ODDITY Tech. If investors know ODDITY 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 ODDITY Tech 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
3.833
Earnings Share
1.63
Revenue Per Share
10.837
Quarterly Revenue Growth
0.26
Return On Assets
0.1904
The market value of ODDITY Tech is measured differently than its book value, which is the value of ODDITY that is recorded on the company's balance sheet. Investors also form their own opinion of ODDITY Tech's value that differs from its market value or its book value, called intrinsic value, which is ODDITY Tech'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 ODDITY Tech's market value can be influenced by many factors that don't directly affect ODDITY Tech'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 ODDITY Tech's value and its price as these two are different measures arrived at by different means. Investors typically determine if ODDITY Tech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ODDITY Tech'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.