Synovus Financial Corp Stock Piotroski F Score

SNV Stock  USD 50.35  0.67  1.35%   
This module uses fundamental data of Synovus Financial to approximate its Piotroski F score. Synovus Financial F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Synovus Financial 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 Synovus Financial financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Synovus Financial Altman Z Score, Synovus Financial Correlation, Synovus Financial Valuation, as well as analyze Synovus Financial Alpha and Beta and Synovus Financial Hype Analysis.
  
At this time, Synovus Financial's Short and Long Term Debt Total is fairly stable compared to the past year. Long Term Debt is likely to climb to about 1.8 B in 2024, whereas Short Term Debt is likely to drop slightly above 285.9 M in 2024. At this time, Synovus Financial's Intangibles To Total Assets are fairly stable compared to the past year. Net Debt To EBITDA is likely to climb to 3.24 in 2024, whereas Days Sales Outstanding is likely to drop 70.77 in 2024.
At this time, it appears that Synovus Financial's 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..
6.0
Piotroski F Score - Healthy
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

Decrease

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

Higher Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

Increase

Focus

Synovus Financial Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Synovus Financial is to make sure Synovus is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Synovus Financial'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 Synovus Financial's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.03230.034
Notably Down
Slightly volatile
Gross Profit Margin0.980.8437
Fairly Up
Very volatile
Total Current Liabilities14.6 B22.9 B
Way Down
Slightly volatile
Non Current Liabilities Total57.4 B54.7 B
Sufficiently Up
Slightly volatile
Total Assets62.8 B59.8 B
Sufficiently Up
Slightly volatile
Total Current Assets15.3 B17.7 B
Fairly Down
Pretty Stable
Total Cash From Operating Activities1.3 B1.3 B
Sufficiently Up
Slightly volatile

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

About Synovus Financial 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.

Common Stock Shares Outstanding

77.87 Million

At this time, Synovus Financial's Common Stock Shares Outstanding is fairly stable compared to the past year.

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

About Synovus Financial Fundamental Analysis

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

Thematic Opportunities

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Additional Tools for Synovus Stock Analysis

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