Mannkind Corp Stock Piotroski F Score

MNKD Stock  USD 5.22  0.04  0.76%   
This module uses fundamental data of MannKind Corp to approximate its Piotroski F score. MannKind Corp F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of MannKind Corp. 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 MannKind Corp financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out MannKind Corp Altman Z Score, MannKind Corp Correlation, MannKind Corp Valuation, as well as analyze MannKind Corp Alpha and Beta and MannKind Corp Hype Analysis.
For information on how to trade MannKind Stock refer to our How to Trade MannKind Stock guide.
  
At present, MannKind Corp's Long Term Debt Total is projected to increase significantly based on the last few years of reporting. The current year's Net Debt To EBITDA is expected to grow to 0.02, whereas Short and Long Term Debt Total is forecasted to decline to about 45.3 M. At present, MannKind Corp's Operating Cash Flow Per Share is projected to increase based on the last few years of reporting. The current year's Free Cash Flow Per Share is expected to grow to 0.13, whereas PTB Ratio is projected to grow to (21.27).
At this time, it appears that MannKind Corp's Piotroski F Score is Strong. 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..
8.0
Piotroski F Score - Strong
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

Increase

Focus
Current Ratio Change

Increase

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Increase

Focus
Change in Gross Margin

Increase

Focus

MannKind Corp Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to MannKind Corp is to make sure MannKind is not a subject of accounting manipulations and runs a healthy internal audit department. So, if MannKind Corp'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 MannKind Corp's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.760.7249
Sufficiently Up
Very volatile
Total Current Liabilities92.3 M81.8 M
Moderately Up
Pretty Stable
Non Current Liabilities Total251.6 M390.8 M
Way Down
Slightly volatile
Total Assets264.6 M393.8 M
Way Down
Slightly volatile
Total Current Assets153.5 M268.3 M
Way Down
Slightly volatile

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

About MannKind Corp 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

(0.27)

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

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

About MannKind Corp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze MannKind Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MannKind Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MannKind Corp 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 MannKind Corp is a strong investment it is important to analyze MannKind Corp'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 MannKind Corp's future performance. For an informed investment choice regarding MannKind Stock, refer to the following important reports:
Check out MannKind Corp Altman Z Score, MannKind Corp Correlation, MannKind Corp Valuation, as well as analyze MannKind Corp Alpha and Beta and MannKind Corp Hype Analysis.
For information on how to trade MannKind Stock refer to our How to Trade MannKind Stock guide.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Biotechnology 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 MannKind Corp. If investors know MannKind 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 MannKind Corp 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
5.246
Earnings Share
0.08
Revenue Per Share
0.982
Quarterly Revenue Growth
0.367
Return On Assets
0.0912
The market value of MannKind Corp is measured differently than its book value, which is the value of MannKind that is recorded on the company's balance sheet. Investors also form their own opinion of MannKind Corp's value that differs from its market value or its book value, called intrinsic value, which is MannKind Corp'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 MannKind Corp's market value can be influenced by many factors that don't directly affect MannKind Corp'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 MannKind Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if MannKind Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MannKind Corp'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.