| SNAX Stock | | | USD 0.92 0.02 2.22% |
This module uses fundamental data of Stryve Foods to approximate its Piotroski F score. Stryve Foods F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Stryve Foods. 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 Stryve Foods financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out
Stryve Foods Altman Z Score,
Stryve Foods Correlation,
Stryve Foods Valuation, as well as analyze
Stryve Foods Alpha and Beta and
Stryve Foods Hype Analysis.
For more information on how to buy Stryve Stock please use our
How to Invest in Stryve Foods guide.
At this time, Stryve Foods'
Short and Long Term Debt is fairly stable compared to the past year.
Debt To Equity is likely to rise to 7.75 in 2024, whereas
Short and Long Term Debt Total is likely to drop slightly above 14.9
M in 2024. At this time, Stryve Foods'
PTB Ratio is fairly stable compared to the past year.
PB Ratio is likely to rise to 3.80 in 2024, whereas
Price To Sales Ratio is likely to drop 0.31 in 2024.
At this time, it appears that Stryve 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
| Change in Return on Assets | |
| Cash Flow Return on Assets | |
| Current Quality of Earnings (accrual) | |
| Long Term Debt Over Assets Change | Lower Leverage| Focus | |
| Change In Outstending Shares | |
Stryve Foods Piotroski F Score Drivers
The critical factor to consider when applying the Piotroski F Score to Stryve Foods is to make sure Stryve is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Stryve 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 Stryve Foods' financial numbers are properly reported.
Stryve Foods 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 Stryve Foods' different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Stryve Foods in a much-optimized way.
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About Stryve 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.
About Stryve Foods Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Stryve Foods's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Stryve Foods using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at
the intrinsic value of Stryve Foods 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 Stryve Stock Analysis
When running Stryve Foods' price analysis, check to
measure Stryve Foods' 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 Stryve Foods is operating at the current time. Most of Stryve Foods' value examination focuses on studying past and present price action to
predict the probability of Stryve Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stryve Foods' price. Additionally, you may evaluate how the addition of Stryve Foods to your portfolios can decrease your overall portfolio volatility.