Southern States Bancshares Stock Piotroski F Score

SSBK Stock  USD 37.42  0.58  1.53%   
This module uses fundamental data of Southern States to approximate its Piotroski F score. Southern States F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Southern States Bancshares. 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 Southern States financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Southern States Altman Z Score, Southern States Correlation, Southern States Valuation, as well as analyze Southern States Alpha and Beta and Southern States Hype Analysis.
  
At this time, Southern States' Debt To Equity is quite stable compared to the past year. Interest Debt Per Share is expected to rise to 28.11 this year, although the value of Cash Flow To Debt Ratio will most likely fall to 0.20. At this time, Southern States' Net Income Per Share is quite stable compared to the past year. POCF Ratio is expected to rise to 11.04 this year, although the value of Free Cash Flow Yield will most likely fall to 0.08.
At this time, it appears that Southern States' Piotroski F Score is Healthy. 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..
6.0
Piotroski F Score - Healthy
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

Increase

Focus
Change in Gross Margin

No Change

Focus

Southern States Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Southern States is to make sure Southern is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Southern States' 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 Southern States' financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.00790.0131
Way Down
Slightly volatile
Asset Turnover0.04210.0339
Fairly Up
Slightly volatile
Gross Profit Margin0.670.8
Fairly Down
Slightly volatile
Total Current Liabilities2.1 BB
Sufficiently Up
Slightly volatile
Non Current Liabilities Total2.3 B2.2 B
Sufficiently Up
Pretty Stable
Total Assets1.8 B2.4 B
Way Down
Slightly volatile
Total Current Assets238.6 M250.7 M
Notably Down
Slightly volatile
Total Cash From Operating Activities25.9 M38.8 M
Way Down
Slightly volatile

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

About Southern States 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

14.98

At this time, Southern States' Book Value Per Share is quite stable compared to the past year.

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

About Southern States Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Southern States Bancshares's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Southern States using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Southern States Bancshares 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 Southern States Banc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Southern Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Southern States Bancshares Stock. Highlighted below are key reports to facilitate an investment decision about Southern States Bancshares Stock:
Check out Southern States Altman Z Score, Southern States Correlation, Southern States Valuation, as well as analyze Southern States Alpha and Beta and Southern States Hype Analysis.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Regional Banks 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 Southern States. If investors know Southern 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 Southern States listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.037
Dividend Share
0.36
Earnings Share
3.51
Revenue Per Share
9.586
Quarterly Revenue Growth
0.372
The market value of Southern States Banc is measured differently than its book value, which is the value of Southern that is recorded on the company's balance sheet. Investors also form their own opinion of Southern States' value that differs from its market value or its book value, called intrinsic value, which is Southern States' 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 Southern States' market value can be influenced by many factors that don't directly affect Southern States' 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 Southern States' value and its price as these two are different measures arrived at by different means. Investors typically determine if Southern States is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Southern States' 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.