Sonim Technologies Stock Piotroski F Score

SONM Stock  USD 3.27  0.18  5.22%   
This module uses fundamental data of Sonim Technologies to approximate its Piotroski F score. Sonim Technologies F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Sonim Technologies. 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 Sonim Technologies financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Sonim Technologies Altman Z Score, Sonim Technologies Correlation, Sonim Technologies Valuation, as well as analyze Sonim Technologies Alpha and Beta and Sonim Technologies Hype Analysis.
To learn how to invest in Sonim Stock, please use our How to Invest in Sonim Technologies guide.
  
As of the 27th of November 2024, Long Term Debt To Capitalization is likely to grow to 0, while Long Term Debt is likely to drop about 56.4 K. At this time, Sonim Technologies' Payables Turnover is very stable compared to the past year. As of the 27th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.13, while PTB Ratio is likely to drop 13.01.
At this time, it appears that Sonim Technologies' Piotroski F Score is Unavailable. 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 - Unavailable
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

Increase

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Increase

Focus
Change in Gross Margin

Increase

Focus

Sonim Technologies Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Sonim Technologies is to make sure Sonim is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Sonim Technologies' 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 Sonim Technologies' financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.831.6707
Significantly Up
Slightly volatile
Gross Profit Margin0.280.2064
Significantly Up
Slightly volatile
Total Current Liabilities29.3 M32.1 M
Significantly Down
Slightly volatile
Non Current Liabilities Total1.5 M1.5 M
Notably Down
Slightly volatile
Total Assets48.8 M56 M
Fairly Down
Slightly volatile
Total Current Assets35.1 M43.8 M
Significantly Down
Slightly volatile

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

About Sonim Technologies 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

0.51

At this time, Sonim Technologies' Book Value Per Share is very stable compared to the past year.

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

About Sonim Technologies Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Sonim Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sonim Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sonim Technologies 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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When determining whether Sonim Technologies is a strong investment it is important to analyze Sonim Technologies' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sonim Technologies' future performance. For an informed investment choice regarding Sonim Stock, refer to the following important reports:
Is Technology Hardware, Storage & Peripherals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sonim Technologies. If investors know Sonim will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sonim Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.90)
Revenue Per Share
15.959
Quarterly Revenue Growth
(0.57)
Return On Assets
(0.12)
Return On Equity
(0.53)
The market value of Sonim Technologies is measured differently than its book value, which is the value of Sonim that is recorded on the company's balance sheet. Investors also form their own opinion of Sonim Technologies' value that differs from its market value or its book value, called intrinsic value, which is Sonim Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sonim Technologies' market value can be influenced by many factors that don't directly affect Sonim Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sonim Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sonim Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sonim Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.