Skyworks Solutions Stock Piotroski F Score

SWKS Stock  USD 87.93  2.52  2.95%   
This module uses fundamental data of Skyworks Solutions to approximate its Piotroski F score. Skyworks Solutions F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Skyworks Solutions. 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 Skyworks Solutions financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Skyworks Solutions Altman Z Score, Skyworks Solutions Correlation, Skyworks Solutions Valuation, as well as analyze Skyworks Solutions Alpha and Beta and Skyworks Solutions Hype Analysis.
For more information on how to buy Skyworks Stock please use our How to Invest in Skyworks Solutions guide.
  
At this time, Skyworks Solutions' Short and Long Term Debt Total is comparatively stable compared to the past year. Short Term Debt is likely to gain to about 395.7 M in 2024, whereas Long Term Debt Total is likely to drop slightly above 19.8 M in 2024. At this time, Skyworks Solutions' Days Payables Outstanding is comparatively stable compared to the past year. ROE is likely to gain to 0.11 in 2024, whereas PTB Ratio is likely to drop 2.20 in 2024.
At this time, it appears that Skyworks Solutions' 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

Increased

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

Higher Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

Increase

Focus

Skyworks Solutions Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Skyworks Solutions is to make sure Skyworks is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Skyworks Solutions' 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 Skyworks Solutions' financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.0990.072
Significantly Up
Pretty Stable
Asset Turnover0.810.5044
Way Up
Very volatile
Gross Profit Margin0.440.4119
Notably Up
Slightly volatile
Total Current Liabilities632.8 M602.7 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total1.4 B1.3 B
Sufficiently Up
Slightly volatile
Total Assets8.7 B8.3 B
Sufficiently Up
Slightly volatile
Total Current Assets3.5 B3.3 B
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities1.9 B1.8 B
Sufficiently Up
Slightly volatile

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

About Skyworks Solutions 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

6.95

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

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

About Skyworks Solutions Fundamental Analysis

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

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