Seneca Foods Corp Stock Piotroski F Score

SENEA Stock  USD 71.00  0.76  1.06%   
This module uses fundamental data of Seneca Foods to approximate its Piotroski F score. Seneca Foods F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Seneca Foods 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 Seneca Foods financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Seneca Foods Altman Z Score, Seneca Foods Correlation, Seneca Foods Valuation, as well as analyze Seneca Foods Alpha and Beta and Seneca Foods Hype Analysis.
  
At present, Seneca Foods' Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting. The current year's Net Debt is expected to grow to about 678.7 M, whereas Short Term Debt is forecasted to decline to about 36.8 M. At present, Seneca Foods' Price To Sales Ratio is projected to increase slightly based on the last few years of reporting. The current year's PTB Ratio is expected to grow to 1.23, whereas Dividend Yield is forecasted to decline to 0.000053.
At this time, it appears that Seneca Foods' 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

Positive

Focus
Change in Return on Assets

Decreased

Focus
Cash Flow Return on Assets

Negative

Focus
Current Quality of Earnings (accrual)

Decreasing

Focus
Asset Turnover Growth

Increase

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

Higher Leverage

Focus
Change In Outstending Shares

Increase

Focus
Change in Gross Margin

Increase

Focus

Seneca Foods Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Seneca Foods is to make sure Seneca is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Seneca Foods' 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 Seneca Foods' financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.271.0539
Fairly Up
Slightly volatile
Gross Profit Margin0.170.129
Significantly Up
Pretty Stable
Net Debt678.7 M646.3 M
Sufficiently Up
Slightly volatile
Total Current Liabilities126.8 M151 M
Fairly Down
Very volatile
Non Current Liabilities Total714 M680 M
Sufficiently Up
Slightly volatile
Total Assets1.5 B1.4 B
Sufficiently Up
Slightly volatile
Total Current AssetsB967 M
Sufficiently Up
Slightly volatile

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

About Seneca Foods 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

12.99

At present, Seneca Foods' Book Value Per Share is projected to increase significantly based on the last few years of reporting.

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

About Seneca Foods Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Seneca Foods Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Seneca Foods using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Seneca Foods 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 Seneca Foods Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Seneca Foods' 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 Seneca Foods Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Seneca Foods Corp Stock:
Check out Seneca Foods Altman Z Score, Seneca Foods Correlation, Seneca Foods Valuation, as well as analyze Seneca Foods Alpha and Beta and Seneca Foods Hype Analysis.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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 Seneca Foods. If investors know Seneca 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 Seneca Foods 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
(0.42)
Earnings Share
5.96
Revenue Per Share
211.009
Quarterly Revenue Growth
0.044
Return On Assets
0.0366
The market value of Seneca Foods Corp is measured differently than its book value, which is the value of Seneca that is recorded on the company's balance sheet. Investors also form their own opinion of Seneca Foods' value that differs from its market value or its book value, called intrinsic value, which is Seneca Foods' 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 Seneca Foods' market value can be influenced by many factors that don't directly affect Seneca Foods' 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 Seneca Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine if Seneca Foods is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Seneca Foods' 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.