Tucows Inc Stock Piotroski F Score

TCX Stock  USD 16.41  0.25  1.55%   
This module uses fundamental data of Tucows to approximate its Piotroski F score. Tucows F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Tucows Inc. 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 Tucows financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Tucows Altman Z Score, Tucows Correlation, Tucows Valuation, as well as analyze Tucows Alpha and Beta and Tucows Hype Analysis.
  
At this time, Tucows' Total Debt To Capitalization is fairly stable compared to the past year. Debt Equity Ratio is likely to rise to 58.48 in 2024, despite the fact that Net Debt To EBITDA is likely to grow to (37.06). At this time, Tucows' Graham Number is fairly stable compared to the past year.
At this time, it appears that Tucows' 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

Increase

Focus
Change in Gross Margin

Increase

Focus

Tucows Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Tucows is to make sure Tucows is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Tucows' 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 Tucows' financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.40.425
Notably Down
Slightly volatile
Gross Profit Margin0.350.1965
Way Up
Slightly volatile
Total Current Liabilities211.4 M201.3 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total616.6 M587.2 M
Sufficiently Up
Slightly volatile
Total Assets838.3 M798.4 M
Sufficiently Up
Slightly volatile
Total Current Assets254.9 M242.8 M
Sufficiently Up
Slightly volatile

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

About Tucows 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.

Common Stock Shares Outstanding

12.93 Million

At this time, Tucows' Common Stock Shares Outstanding is fairly stable compared to the past year.

Tucows Current Valuation Drivers

We derive many important indicators used in calculating different scores of Tucows from analyzing Tucows' financial statements. These drivers represent accounts that assess Tucows' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Tucows' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap656.3M782.5M893.7M365.3M328.8M199.3M
Enterprise Value760.3M906.9M1.1B597.8M538.0M564.9M

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

About Tucows Fundamental Analysis

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

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