Sharplink Gaming Stock Piotroski F Score

SBET Stock  USD 0.68  0.04  6.25%   
This module uses fundamental data of Sharplink Gaming to approximate its Piotroski F score. Sharplink Gaming F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Sharplink Gaming. 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 Sharplink Gaming financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Sharplink Gaming Altman Z Score, Sharplink Gaming Correlation, Sharplink Gaming Valuation, as well as analyze Sharplink Gaming Alpha and Beta and Sharplink Gaming Hype Analysis.
For more information on how to buy Sharplink Stock please use our How to Invest in Sharplink Gaming guide.
  
At this time, Sharplink Gaming's Short and Long Term Debt Total is comparatively stable compared to the past year. Net Debt is likely to gain to about 10.8 M in 2024, despite the fact that Net Debt To EBITDA is likely to grow to (1.58). At this time, Sharplink Gaming's Days Sales Outstanding is comparatively stable compared to the past year. Days Of Inventory On Hand is likely to gain to 697.37 in 2024, despite the fact that Book Value Per Share is likely to grow to (3.23).
At this time, it appears that Sharplink Gaming'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

Negative

Focus
Change in Return on Assets

Decreased

Focus
Cash Flow Return on Assets

Negative

Focus
Current Quality of Earnings (accrual)

Decreasing

Focus
Asset Turnover Growth

Decrease

Focus
Current Ratio Change

Increase

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Increase

Focus
Change in Gross Margin

Increase

Focus

Sharplink Gaming Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Sharplink Gaming is to make sure Sharplink is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Sharplink Gaming'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 Sharplink Gaming's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.0660.0695
Notably Down
Slightly volatile
Gross Profit Margin0.610.3095
Way Up
Slightly volatile
Total Current Liabilities83.2 M79.2 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total1.5 M1.4 M
Sufficiently Up
Very volatile
Total Assets74.8 M71.3 M
Sufficiently Up
Slightly volatile
Total Current Assets74.7 M71.1 M
Sufficiently Up
Slightly volatile

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

About Sharplink Gaming 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

(3.23)

At this time, Sharplink Gaming's Book Value Per Share is comparatively stable compared to the past year.

About Sharplink Gaming Fundamental Analysis

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

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