Tower Semiconductor Stock Piotroski F Score

TSEM Stock  USD 47.83  0.02  0.04%   
This module uses fundamental data of Tower Semiconductor to approximate its Piotroski F score. Tower Semiconductor F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Tower Semiconductor. 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 Tower Semiconductor financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Tower Semiconductor Altman Z Score, Tower Semiconductor Correlation, Tower Semiconductor Valuation, as well as analyze Tower Semiconductor Alpha and Beta and Tower Semiconductor Hype Analysis.
To learn how to invest in Tower Stock, please use our How to Invest in Tower Semiconductor guide.
  
At this time, Tower Semiconductor's Short and Long Term Debt Total is very stable compared to the past year. As of the 25th of November 2024, Long Term Debt is likely to grow to about 247.9 M, while Short Term Debt is likely to drop about 43.3 M. At this time, Tower Semiconductor's Free Cash Flow Per Share is very stable compared to the past year. As of the 25th of November 2024, ROIC is likely to grow to 0.19, while PTB Ratio is likely to drop 0.71.
At this time, it appears that Tower Semiconductor's 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

Increased

Focus
Cash Flow Return on Assets

Positive

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

Tower Semiconductor Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Tower Semiconductor is to make sure Tower is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Tower Semiconductor'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 Tower Semiconductor's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.420.4875
Fairly Down
Slightly volatile
Gross Profit Margin0.260.2485
Sufficiently Up
Slightly volatile
Total Current Liabilities164.3 M276.8 M
Way Down
Slightly volatile
Non Current Liabilities Total353.9 M214.6 M
Way Up
Very volatile
Total Assets3.1 B2.9 B
Sufficiently Up
Slightly volatile
Total Current Assets1.8 B1.7 B
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities710.4 M676.6 M
Sufficiently Up
Slightly volatile

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

About Tower Semiconductor 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

20.72

At this time, Tower Semiconductor's Book Value Per Share is very stable compared to the past year.

Tower Semiconductor Current Valuation Drivers

We derive many important indicators used in calculating different scores of Tower Semiconductor from analyzing Tower Semiconductor's financial statements. These drivers represent accounts that assess Tower Semiconductor's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Tower Semiconductor's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap2.5B2.8B4.3B4.7B3.4B3.6B
Enterprise Value2.5B3.0B4.4B4.7B3.4B3.6B

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

About Tower Semiconductor Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Tower Semiconductor's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tower Semiconductor using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tower Semiconductor 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 Tower Semiconductor is a strong investment it is important to analyze Tower Semiconductor'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 Tower Semiconductor's future performance. For an informed investment choice regarding Tower Stock, refer to the following important reports:
Check out Tower Semiconductor Altman Z Score, Tower Semiconductor Correlation, Tower Semiconductor Valuation, as well as analyze Tower Semiconductor Alpha and Beta and Tower Semiconductor Hype Analysis.
To learn how to invest in Tower Stock, please use our How to Invest in Tower Semiconductor guide.
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 Semiconductors & Semiconductor 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 Tower Semiconductor. If investors know Tower 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 Tower Semiconductor 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
0.043
Earnings Share
1.84
Revenue Per Share
12.536
Quarterly Revenue Growth
(0.02)
Return On Assets
0.0402
The market value of Tower Semiconductor is measured differently than its book value, which is the value of Tower that is recorded on the company's balance sheet. Investors also form their own opinion of Tower Semiconductor's value that differs from its market value or its book value, called intrinsic value, which is Tower Semiconductor'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 Tower Semiconductor's market value can be influenced by many factors that don't directly affect Tower Semiconductor'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 Tower Semiconductor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tower Semiconductor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tower Semiconductor'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.