Surf Air Mobility Stock Piotroski F Score

SRFM Stock   2.68  0.17  6.77%   
This module uses fundamental data of Surf Air to approximate its Piotroski F score. Surf Air F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Surf Air Mobility. 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 Surf Air financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Surf Air Altman Z Score, Surf Air Correlation, Surf Air Valuation, as well as analyze Surf Air Alpha and Beta and Surf Air Hype Analysis.
  
At this time, Surf Air's Long Term Debt is very stable compared to the past year. As of the 25th of November 2024, Short and Long Term Debt is likely to grow to about 14.4 M, while Net Debt is likely to drop about 30.7 M. At this time, Surf Air's ROE is very stable compared to the past year. As of the 25th of November 2024, Graham Number is likely to grow to 123.12, while PTB Ratio is likely to drop (0.83).
At this time, it appears that Surf Air'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)

Improving

Focus
Asset Turnover Growth

Decrease

Focus
Current Ratio Change

Increase

Focus
Long Term Debt Over Assets Change

Higher Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

No Change

Focus

Surf Air Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Surf Air is to make sure Surf is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Surf Air'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 Surf Air's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.520.5451
Sufficiently Down
Slightly volatile
Net Debt30.7 M45.7 M
Way Down
Slightly volatile
Total Current Liabilities81.6 M140.1 M
Way Down
Slightly volatile
Non Current Liabilities Total92.3 M48.4 M
Way Up
Very volatile
Total Assets116.5 M111 M
Sufficiently Up
Slightly volatile
Total Current Assets9.9 M17.7 M
Way Down
Pretty Stable

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

About Surf Air 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

(13.06)

At this time, Surf Air's Book Value Per Share is very stable compared to the past year.

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

About Surf Air Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Surf Air Mobility's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Surf Air using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Surf Air Mobility 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 Surf Air Mobility is a strong investment it is important to analyze Surf Air's 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 Surf Air's future performance. For an informed investment choice regarding Surf Stock, refer to the following important reports:
Check out Surf Air Altman Z Score, Surf Air Correlation, Surf Air Valuation, as well as analyze Surf Air Alpha and Beta and Surf Air Hype Analysis.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Passenger Airlines 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 Surf Air. If investors know Surf 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 Surf Air listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(15.64)
Revenue Per Share
10.839
Quarterly Revenue Growth
4.225
Return On Assets
(1.78)
The market value of Surf Air Mobility is measured differently than its book value, which is the value of Surf that is recorded on the company's balance sheet. Investors also form their own opinion of Surf Air's value that differs from its market value or its book value, called intrinsic value, which is Surf Air's 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 Surf Air's market value can be influenced by many factors that don't directly affect Surf Air's 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 Surf Air's value and its price as these two are different measures arrived at by different means. Investors typically determine if Surf Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Surf Air's 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.