Wellstar International Stock Piotroski F Score

This module uses fundamental data of Wellstar International to approximate its Piotroski F score. Wellstar International F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Wellstar International. 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 Wellstar International financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Wellstar International Altman Z Score, Wellstar International Correlation, Wellstar International Valuation, as well as analyze Wellstar International Alpha and Beta and Wellstar International Hype Analysis.
For more detail on how to invest in Wellstar Stock please use our How to Invest in Wellstar International guide.
  
The current Long Term Debt is estimated to decrease to about 2.4 M. The current Short and Long Term Debt is estimated to decrease to about 3.1 M. The Wellstar International's current Receivables Turnover is estimated to increase to 2.71, while Price To Sales Ratio is projected to decrease to 12.77.
At this time, it appears that Wellstar International'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

Decrease

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

N/A

Focus
Change in Gross Margin

Increase

Focus

Wellstar International Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Wellstar International is to make sure Wellstar is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Wellstar International'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 Wellstar International's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.0390.0752
Way Down
Very volatile
Total Current Liabilities44.8 M42.7 M
Sufficiently Up
Slightly volatile
Total Assets823.8 K862.1 K
Sufficiently Down
Slightly volatile
Total Current Assets17 K17.9 K
Notably Down
Slightly volatile

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

About Wellstar International 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

(0.0779)

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

About Wellstar International Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Wellstar International's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Wellstar International using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Wellstar International 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 Wellstar International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Wellstar International'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 Wellstar International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wellstar International Stock:
Check out Wellstar International Altman Z Score, Wellstar International Correlation, Wellstar International Valuation, as well as analyze Wellstar International Alpha and Beta and Wellstar International Hype Analysis.
For more detail on how to invest in Wellstar Stock please use our How to Invest in Wellstar International guide.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Health Care Equipment & Supplies 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 Wellstar International. If investors know Wellstar 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 Wellstar International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Assets
(1.06)
The market value of Wellstar International is measured differently than its book value, which is the value of Wellstar that is recorded on the company's balance sheet. Investors also form their own opinion of Wellstar International's value that differs from its market value or its book value, called intrinsic value, which is Wellstar International'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 Wellstar International's market value can be influenced by many factors that don't directly affect Wellstar International'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 Wellstar International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wellstar International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wellstar International'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.