908 Devices Stock Piotroski F Score

MASS Stock  USD 2.55  0.02  0.79%   
This module uses fundamental data of 908 Devices to approximate its Piotroski F score. 908 Devices F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of 908 Devices. 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 908 Devices financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out 908 Devices Altman Z Score, 908 Devices Correlation, 908 Devices Valuation, as well as analyze 908 Devices Alpha and Beta and 908 Devices Hype Analysis.
For more information on how to buy 908 Stock please use our How to Invest in 908 Devices guide.
  
At this time, 908 Devices' Short Term Debt is comparatively stable compared to the past year. Net Debt To EBITDA is likely to gain to 3.81 in 2025, whereas Net Debt is likely to drop (108.8 M) in 2025. At this time, 908 Devices' Debt To Equity is comparatively stable compared to the past year. Capex Per Share is likely to gain to 0.06 in 2025, whereas Book Value Per Share is likely to drop 2.52 in 2025.
At this time, it appears that 908 Devices' 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..
5.0
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

No Change

Focus

908 Devices Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to 908 Devices is to make sure 908 is not a subject of accounting manipulations and runs a healthy internal audit department. So, if 908 Devices' 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 908 Devices' financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.370.28
Significantly Up
Slightly volatile
Gross Profit Margin0.420.45
Significantly Down
Slightly volatile
Total Current Liabilities14.3 M25.9 M
Way Down
Slightly volatile
Non Current Liabilities Total12.8 M13.4 M
Notably Down
Slightly volatile
Total Assets174.3 M233.4 M
Way Down
Slightly volatile
Total Current Assets157.5 M199.9 M
Significantly Down
Slightly volatile

908 Devices 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 908 Devices' different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards 908 Devices in a much-optimized way.

About 908 Devices 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

2.52

At this time, 908 Devices' Book Value Per Share is comparatively stable compared to the past year.

908 Devices 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, 908 Devices' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to 908 Devices' managers, analysts, and investors.
Environmental
Governance
Social

About 908 Devices Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze 908 Devices's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of 908 Devices using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of 908 Devices 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 908 Stock Analysis

When running 908 Devices' price analysis, check to measure 908 Devices' 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 908 Devices is operating at the current time. Most of 908 Devices' value examination focuses on studying past and present price action to predict the probability of 908 Devices' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 908 Devices' price. Additionally, you may evaluate how the addition of 908 Devices to your portfolios can decrease your overall portfolio volatility.