Synopsys Stock Piotroski F Score

SNPS Stock  USD 564.51  0.00  0.00%   
This module uses fundamental data of Synopsys to approximate its Piotroski F score. Synopsys F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Synopsys. 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 Synopsys financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Synopsys Altman Z Score, Synopsys Correlation, Synopsys Valuation, as well as analyze Synopsys Alpha and Beta and Synopsys Hype Analysis.
For more information on how to buy Synopsys Stock please use our How to Invest in Synopsys guide.
  
At this time, Synopsys' Short and Long Term Debt Total is comparatively stable compared to the past year. Short and Long Term Debt is likely to gain to about 75.3 M in 2024, whereas Short Term Debt is likely to drop slightly above 91.1 M in 2024. At this time, Synopsys' EV To Sales is comparatively stable compared to the past year. Free Cash Flow Per Share is likely to gain to 9.39 in 2024, whereas Inventory Turnover is likely to drop 3.21 in 2024.
At this time, it appears that Synopsys' 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

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

Lower Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

Increase

Focus

Synopsys Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Synopsys is to make sure Synopsys is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Synopsys' 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 Synopsys' financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.07590.14
Way Down
Pretty Stable
Asset Turnover0.670.65
Fairly Up
Very volatile
Gross Profit Margin0.920.91
Fairly Up
Slightly volatile
Total Current Liabilities3.6 B3.4 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total1.4 B1.3 B
Sufficiently Up
Slightly volatile
Total Assets12.5 B11.9 B
Sufficiently Up
Slightly volatile
Total Current Assets4.1 B3.9 B
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities2.1 BB
Sufficiently Up
Slightly volatile

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

About Synopsys 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

38.41

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

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

About Synopsys Fundamental Analysis

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

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