Agora Inc Stock Piotroski F Score

API Stock  USD 5.16  1.19  18.74%   
This module uses fundamental data of Agora to approximate its Piotroski F score. Agora F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Agora 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 Agora financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Agora Altman Z Score, Agora Correlation, Agora Valuation, as well as analyze Agora Alpha and Beta and Agora Hype Analysis.
  
As of now, Agora's Total Debt To Capitalization is increasing as compared to previous years. The Agora's current Debt Equity Ratio is estimated to increase to 0.02, while Net Debt is projected to decrease to (22.8 M). As of now, Agora's Capex To Revenue is increasing as compared to previous years. The Agora's current Income Quality is estimated to increase to 0.16, while Price To Sales Ratio is projected to decrease to 1.76.
At this time, it appears that Agora's Piotroski F Score is Poor. 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..
4.0
Piotroski F Score - Poor
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

Lower Leverage

Focus
Change In Outstending Shares

Increase

Focus
Change in Gross Margin

Increase

Focus

Agora Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Agora is to make sure Agora is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Agora'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 Agora's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.30.2098
Way Up
Slightly volatile
Gross Profit Margin0.720.6322
Fairly Up
Slightly volatile
Total Current Liabilities49.2 M56.9 M
Fairly Down
Slightly volatile
Non Current Liabilities Total13.6 M13 M
Sufficiently Up
Slightly volatile
Total Assets618.1 M674.6 M
Significantly Down
Slightly volatile
Total Current Assets451.3 M261.4 M
Way Up
Slightly volatile

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

About Agora 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

101.62 Million

As of now, Agora's Common Stock Shares Outstanding is increasing as compared to previous years.

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

About Agora Fundamental Analysis

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

Currently Active Assets on Macroaxis

When determining whether Agora Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Agora'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 Agora Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Agora Inc Stock:
Check out Agora Altman Z Score, Agora Correlation, Agora Valuation, as well as analyze Agora Alpha and Beta and Agora Hype Analysis.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Application Software 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 Agora. If investors know Agora 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 Agora listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.51)
Revenue Per Share
1.463
Quarterly Revenue Growth
0.005
Return On Assets
(0.04)
Return On Equity
(0.07)
The market value of Agora Inc is measured differently than its book value, which is the value of Agora that is recorded on the company's balance sheet. Investors also form their own opinion of Agora's value that differs from its market value or its book value, called intrinsic value, which is Agora'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 Agora's market value can be influenced by many factors that don't directly affect Agora'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 Agora's value and its price as these two are different measures arrived at by different means. Investors typically determine if Agora is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Agora'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.