Runway Growth Finance Stock Piotroski F Score

RWAYZ Stock   25.05  0.13  0.52%   
This module uses fundamental data of Runway Growth to approximate its Piotroski F score. Runway Growth F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Runway Growth Finance. 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 Runway Growth financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Runway Growth Altman Z Score, Runway Growth Correlation, Runway Growth Valuation, as well as analyze Runway Growth Alpha and Beta and Runway Growth Hype Analysis.
  
At this time, Runway Growth's Interest Debt Per Share is fairly stable compared to the past year. Debt To Assets is likely to rise to 0.57 in 2024, whereas Net Debt To EBITDA is likely to drop (232.31) in 2024. At this time, Runway Growth's Average Inventory is fairly stable compared to the past year. POCF Ratio is likely to rise to 9.49 in 2024, whereas Price To Sales Ratio is likely to drop 3.33 in 2024.
At this time, it appears that Runway Growth's Piotroski F Score is Frail. 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..
3.0
Piotroski F Score - Frail
Current Return On Assets

Positive

Focus
Change in Return on Assets

Increased

Focus
Cash Flow Return on Assets

N/A

Focus
Current Quality of Earnings (accrual)

N/A

Focus
Asset Turnover Growth

Increase

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

N/A

Focus
Change In Outstending Shares

N/A

Focus
Change in Gross Margin

No Change

Focus

Runway Growth Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Runway Growth is to make sure Runway is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Runway Growth'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 Runway Growth's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.140.1351
Sufficiently Up
Slightly volatile
Gross Profit Margin0.480.7548
Way Down
Pretty Stable

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

About Runway Growth 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

12.83

At this time, Runway Growth's Book Value Per Share is fairly stable compared to the past year.

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

About Runway Growth Fundamental Analysis

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

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