Beyond Meat Stock Piotroski F Score

BYND Stock  USD 3.55  0.08  2.31%   
This module uses fundamental data of Beyond Meat to approximate its Piotroski F score. Beyond Meat F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Beyond Meat. 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 Beyond Meat financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Beyond Meat Altman Z Score, Beyond Meat Correlation, Beyond Meat Valuation, as well as analyze Beyond Meat Alpha and Beta and Beyond Meat Hype Analysis.
For information on how to trade Beyond Stock refer to our How to Trade Beyond Stock guide.
  
At present, Beyond Meat's Net Debt is projected to increase significantly based on the last few years of reporting. The current year's Short Term Debt is expected to grow to about 8.2 M, whereas Long Term Debt Total is forecasted to decline to about 1.2 B. At present, Beyond Meat's Inventory Turnover is projected to slightly decrease based on the last few years of reporting. The current year's Research And Ddevelopement To Revenue is expected to grow to 0.15, whereas PTB Ratio is projected to grow to (0.44).
At this time, it appears that Beyond Meat'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

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

Increase

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

Increase

Focus

Beyond Meat Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Beyond Meat is to make sure Beyond is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Beyond Meat'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 Beyond Meat's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.580.4814
Fairly Up
Pretty Stable
Total Current Liabilities59.1 M61.5 M
Sufficiently Down
Slightly volatile
Non Current Liabilities Total621.3 M1.2 B
Way Down
Slightly volatile
Total Assets617.1 M678.1 M
Significantly Down
Slightly volatile
Total Current Assets395.1 M286.5 M
Significantly Up
Slightly volatile

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

About Beyond Meat 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

(8.65)

At present, Beyond Meat's Book Value Per Share is projected to slightly decrease based on the last few years of reporting.

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

About Beyond Meat Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Beyond Meat's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Beyond Meat using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Beyond Meat 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 Beyond Meat is a strong investment it is important to analyze Beyond Meat'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 Beyond Meat's future performance. For an informed investment choice regarding Beyond Stock, refer to the following important reports:
Check out Beyond Meat Altman Z Score, Beyond Meat Correlation, Beyond Meat Valuation, as well as analyze Beyond Meat Alpha and Beta and Beyond Meat Hype Analysis.
For information on how to trade Beyond Stock refer to our How to Trade Beyond 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 Packaged Foods & Meats 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 Beyond Meat. If investors know Beyond 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 Beyond Meat listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.43)
Revenue Per Share
4.946
Quarterly Revenue Growth
0.04
Return On Assets
(0.13)
Return On Equity
(11.67)
The market value of Beyond Meat is measured differently than its book value, which is the value of Beyond that is recorded on the company's balance sheet. Investors also form their own opinion of Beyond Meat's value that differs from its market value or its book value, called intrinsic value, which is Beyond Meat'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 Beyond Meat's market value can be influenced by many factors that don't directly affect Beyond Meat'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 Beyond Meat's value and its price as these two are different measures arrived at by different means. Investors typically determine if Beyond Meat is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Beyond Meat'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.