Royce Value Closed Stock Piotroski F Score

RVT Stock  USD 16.70  0.22  1.33%   
This module uses fundamental data of Royce Value to approximate its Piotroski F score. Royce Value F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Royce Value Closed. 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 Royce Value financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Royce Value Altman Z Score, Royce Value Correlation, Royce Value Valuation, as well as analyze Royce Value Alpha and Beta and Royce Value Hype Analysis.
  
At this time, Royce Value's Short and Long Term Debt Total is comparatively stable compared to the past year. Net Debt is likely to gain to about 52.3 M in 2024, whereas Short and Long Term Debt is likely to drop slightly above 56 M in 2024. At this time, Royce Value's Interest Coverage is comparatively stable compared to the past year. Payout Ratio is likely to gain to 0.23 in 2024, whereas PTB Ratio is likely to drop 0.65 in 2024.
At this time, it appears that Royce Value'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)

Decreasing

Focus
Asset Turnover Growth

Increase

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

No Change

Focus

Royce Value Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Royce Value is to make sure Royce is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Royce Value'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 Royce Value's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.420.8442
Way Down
Slightly volatile
Total Current Liabilities21.2 M39.4 M
Way Down
Very volatile
Non Current Liabilities Total45.2 M39.7 M
Fairly Up
Slightly volatile
Total Assets1.1 B1.9 B
Way Down
Slightly volatile
Total Current Assets69.9 M66.6 M
Sufficiently Up
Slightly volatile

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

About Royce Value 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

59.79 Million

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

Royce Value Current Valuation Drivers

We derive many important indicators used in calculating different scores of Royce Value from analyzing Royce Value's financial statements. These drivers represent accounts that assess Royce Value's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Royce Value's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap1.5B1.6B2.0B1.4B1.7B1.1B
Enterprise Value1.5B1.7B2.1B1.4B1.7B1.1B

About Royce Value Fundamental Analysis

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

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