Mannatech Incorporated Stock Piotroski F Score

MTEX Stock  USD 8.50  0.64  8.14%   
This module uses fundamental data of Mannatech Incorporated to approximate its Piotroski F score. Mannatech Incorporated F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Mannatech Incorporated. 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 Mannatech Incorporated financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Mannatech Incorporated Altman Z Score, Mannatech Incorporated Correlation, Mannatech Incorporated Valuation, as well as analyze Mannatech Incorporated Alpha and Beta and Mannatech Incorporated Hype Analysis.
For more information on how to buy Mannatech Stock please use our How to Invest in Mannatech Incorporated guide.
  
At this time, Mannatech Incorporated's Short and Long Term Debt Total is fairly stable compared to the past year. Short Term Debt is likely to rise to about 2.3 M in 2024, whereas Net Debt is likely to drop (2.1 M) in 2024. At this time, Mannatech Incorporated's Days Sales Outstanding is fairly stable compared to the past year. Stock Based Compensation To Revenue is likely to rise to 0 in 2024, whereas Price To Sales Ratio is likely to drop 0.11 in 2024.
At this time, it appears that Mannatech Incorporated'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..
3.0
Piotroski F Score - Frail
Current Return On Assets

Negative

Focus
Change in Return on Assets

Increased

Focus
Cash Flow Return on Assets

Negative

Focus
Current Quality of Earnings (accrual)

Decreasing

Focus
Asset Turnover Growth

Increase

Focus
Current Ratio Change

Increase

Focus
Long Term Debt Over Assets Change

Higher Leverage

Focus
Change In Outstending Shares

Increase

Focus
Change in Gross Margin

No Change

Focus

Mannatech Incorporated Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Mannatech Incorporated is to make sure Mannatech is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Mannatech Incorporated'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 Mannatech Incorporated's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover3.473.2023
Significantly Up
Slightly volatile
Gross Profit Margin0.540.7795
Way Down
Very volatile
Total Current Liabilities34.6 M25.8 M
Significantly Up
Slightly volatile
Non Current Liabilities Total5.1 M4.9 M
Fairly Up
Slightly volatile
Total Assets57.2 M41.2 M
Significantly Up
Pretty Stable
Total Current Assets51.7 M27.7 M
Way Up
Pretty Stable

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

About Mannatech Incorporated 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

5.34

At this time, Mannatech Incorporated's Book Value Per Share is fairly stable compared to the past year.

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

About Mannatech Incorporated Fundamental Analysis

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

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