Siyata Mobile Stock Piotroski F Score

SYTA Stock  USD 0.98  0.07  6.67%   
This module uses fundamental data of Siyata Mobile to approximate its Piotroski F score. Siyata Mobile F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Siyata Mobile. 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 Siyata Mobile financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Siyata Mobile Altman Z Score, Siyata Mobile Correlation, Siyata Mobile Valuation, as well as analyze Siyata Mobile Alpha and Beta and Siyata Mobile Hype Analysis.
For information on how to trade Siyata Stock refer to our How to Trade Siyata Stock guide.
  
At present, Siyata Mobile's Net Debt is projected to increase significantly based on the last few years of reporting. The current year's Short and Long Term Debt Total is expected to grow to about 2.9 M, whereas Net Debt To EBITDA is projected to grow to (0.12). At present, Siyata Mobile's Days Sales Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Invested Capital is expected to grow to about 4.2 M, whereas Price To Sales Ratio is forecasted to decline to 2.00.
At this time, it appears that Siyata Mobile'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..
2.0
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

Increase

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

Higher Leverage

Focus
Change In Outstending Shares

Increase

Focus
Change in Gross Margin

No Change

Focus

Siyata Mobile Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Siyata Mobile is to make sure Siyata is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Siyata Mobile'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 Siyata Mobile's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.760.5308
Way Up
Slightly volatile
Gross Profit Margin0.180.3229
Way Down
Slightly volatile
Total Current Liabilities5.7 M5.4 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total366.4 K385.6 K
Notably Down
Slightly volatile
Total Assets16.3 M15.5 M
Sufficiently Up
Slightly volatile
Total Current Assets3.8 M6.7 M
Way Down
Slightly volatile

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

About Siyata Mobile 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

40.34

At present, Siyata Mobile's Book Value Per Share is projected to decrease significantly based on the last few years of reporting.

Siyata Mobile Current Valuation Drivers

We derive many important indicators used in calculating different scores of Siyata Mobile from analyzing Siyata Mobile's financial statements. These drivers represent accounts that assess Siyata Mobile's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Siyata Mobile's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap2.7K2.0B2.3B403.0M17.3M16.5M
Enterprise Value2.8M2.0B2.3B402.1M18.6M17.7M

About Siyata Mobile Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Siyata Mobile's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Siyata Mobile using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Siyata Mobile 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Siyata Mobile is a strong investment it is important to analyze Siyata Mobile'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 Siyata Mobile's future performance. For an informed investment choice regarding Siyata Stock, refer to the following important reports:
Check out Siyata Mobile Altman Z Score, Siyata Mobile Correlation, Siyata Mobile Valuation, as well as analyze Siyata Mobile Alpha and Beta and Siyata Mobile Hype Analysis.
For information on how to trade Siyata Stock refer to our How to Trade Siyata Stock guide.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Communications Equipment 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 Siyata Mobile. If investors know Siyata 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 Siyata Mobile listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
65.55
Revenue Per Share
175.111
Quarterly Revenue Growth
(0.30)
Return On Assets
(0.43)
Return On Equity
(3.29)
The market value of Siyata Mobile is measured differently than its book value, which is the value of Siyata that is recorded on the company's balance sheet. Investors also form their own opinion of Siyata Mobile's value that differs from its market value or its book value, called intrinsic value, which is Siyata Mobile'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 Siyata Mobile's market value can be influenced by many factors that don't directly affect Siyata Mobile'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 Siyata Mobile's value and its price as these two are different measures arrived at by different means. Investors typically determine if Siyata Mobile is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Siyata Mobile'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.