Ofs Capital Corp Stock Piotroski F Score

OFS Stock  USD 8.04  0.04  0.50%   
This module uses fundamental data of OFS Capital to approximate its Piotroski F score. OFS Capital F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of OFS Capital 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 OFS Capital financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out OFS Capital Altman Z Score, OFS Capital Correlation, OFS Capital Valuation, as well as analyze OFS Capital Alpha and Beta and OFS Capital Hype Analysis.
For more information on how to buy OFS Stock please use our How to Invest in OFS Capital guide.
  
Cash Flow To Debt Ratio is likely to gain to 0.29 in 2024, whereas Short and Long Term Debt Total is likely to drop slightly above 248.8 M in 2024. At this time, OFS Capital's Cash Per Share is comparatively stable compared to the past year. POCF Ratio is likely to gain to 2.02 in 2024, whereas Dividend Yield is likely to drop 0.09 in 2024.
At this time, it appears that OFS Capital'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

Negative

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

Increase

Focus

OFS Capital Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to OFS Capital is to make sure OFS is not a subject of accounting manipulations and runs a healthy internal audit department. So, if OFS Capital'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 OFS Capital's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.10.097
Fairly Up
Slightly volatile
Total Current Liabilities16.4 M15 M
Significantly Up
Slightly volatile
Non Current Liabilities Total225.8 M299.7 M
Way Down
Slightly volatile
Total Assets388.5 M469.8 M
Significantly Down
Slightly volatile
Total Current Assets29 M47.6 M
Way Down
Slightly volatile

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

About OFS Capital 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

12.44 Million

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

OFS Capital Current Valuation Drivers

We derive many important indicators used in calculating different scores of OFS Capital from analyzing OFS Capital's financial statements. These drivers represent accounts that assess OFS Capital's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of OFS Capital's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap149.3M95.8M146.2M136.2M156.8M106.6M
Enterprise Value488.3M367.2M448.0M453.0M411.1M241.9M

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

About OFS Capital Fundamental Analysis

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

Thematic Opportunities

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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.
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Additional Tools for OFS Stock Analysis

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