Smith Wesson Brands Stock Piotroski F Score

SWBI Stock  USD 13.25  0.26  2.00%   
This module uses fundamental data of Smith Wesson to approximate its Piotroski F score. Smith Wesson F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Smith Wesson Brands. 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 Smith Wesson financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Smith Wesson Altman Z Score, Smith Wesson Correlation, Smith Wesson Valuation, as well as analyze Smith Wesson Alpha and Beta and Smith Wesson Hype Analysis.
  
As of now, Smith Wesson's Long Term Debt To Capitalization is increasing as compared to previous years. The Smith Wesson's current Total Debt To Capitalization is estimated to increase to 1.75, while Net Debt is projected to decrease to under 16.7 M. As of now, Smith Wesson's ROIC is increasing as compared to previous years. The Smith Wesson's current Days Of Inventory On Hand is estimated to increase to 162.84, while Dividend Yield is projected to decrease to 0.02.
At this time, it appears that Smith Wesson's 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..
4.0
Piotroski F Score - Unavailable
Current Return On Assets

Negative

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

Decrease

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

Smith Wesson Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Smith Wesson is to make sure Smith is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Smith Wesson'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 Smith Wesson's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.02460.9271
Way Down
Slightly volatile
Gross Profit Margin0.60.295
Way Up
Slightly volatile
Total Current Liabilities83.6 M96.7 M
Fairly Down
Slightly volatile
Non Current Liabilities Total113.9 M83.1 M
Significantly Up
Very volatile
Total Assets398.3 M578 M
Way Down
Slightly volatile
Total Current Assets205.9 M287.9 M
Way Down
Slightly volatile

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

About Smith Wesson 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

(0.0287)

As of now, Smith Wesson's Book Value Per Share is increasing as compared to previous years.

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

About Smith Wesson Fundamental Analysis

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

Currently Active Assets on Macroaxis

When determining whether Smith Wesson Brands offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Smith Wesson's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Smith Wesson Brands Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Smith Wesson Brands Stock:
Check out Smith Wesson Altman Z Score, Smith Wesson Correlation, Smith Wesson Valuation, as well as analyze Smith Wesson Alpha and Beta and Smith Wesson Hype Analysis.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Leisure Products 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 Smith Wesson. If investors know Smith 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 Smith Wesson 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
1.047
Dividend Share
0.49
Earnings Share
0.74
Revenue Per Share
11.178
Quarterly Revenue Growth
(0.23)
The market value of Smith Wesson Brands is measured differently than its book value, which is the value of Smith that is recorded on the company's balance sheet. Investors also form their own opinion of Smith Wesson's value that differs from its market value or its book value, called intrinsic value, which is Smith Wesson'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 Smith Wesson's market value can be influenced by many factors that don't directly affect Smith Wesson'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 Smith Wesson's value and its price as these two are different measures arrived at by different means. Investors typically determine if Smith Wesson is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Smith Wesson'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.