Sequans Communications Sa Stock Piotroski F Score

SQNS Stock  USD 2.89  0.04  1.40%   
This module uses fundamental data of Sequans Communications to approximate its Piotroski F score. Sequans Communications F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Sequans Communications SA. 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 Sequans Communications financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Sequans Communications Altman Z Score, Sequans Communications Correlation, Sequans Communications Valuation, as well as analyze Sequans Communications Alpha and Beta and Sequans Communications Hype Analysis.
  
At this time, Sequans Communications' Short and Long Term Debt Total is comparatively stable compared to the past year. Net Debt is likely to gain to about 78.7 M in 2024, whereas Long Term Debt Total is likely to drop slightly above 23.7 M in 2024. At this time, Sequans Communications' ROE is comparatively stable compared to the past year. Intangibles To Total Assets is likely to gain to 0.62 in 2024, despite the fact that PTB Ratio is likely to grow to (24.95).
At this time, it appears that Sequans Communications' 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

Decreased

Focus
Cash Flow Return on Assets

Negative

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Decrease

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

No Change

Focus

Sequans Communications Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Sequans Communications is to make sure Sequans is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Sequans Communications' 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 Sequans Communications' financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.290.3079
Notably Down
Pretty Stable
Gross Profit Margin0.390.7181
Way Down
Pretty Stable
Total Current Liabilities113.2 M107.9 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total6.7 M7.1 M
Notably Down
Slightly volatile
Total Assets74.7 M109.2 M
Way Down
Slightly volatile
Total Current Assets35.1 M36.9 M
Notably Down
Slightly volatile

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

About Sequans Communications 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

(0.26)

At this time, Sequans Communications' Book Value Per Share is comparatively stable compared to the past year.

Sequans Communications Current Valuation Drivers

We derive many important indicators used in calculating different scores of Sequans Communications from analyzing Sequans Communications' financial statements. These drivers represent accounts that assess Sequans Communications' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Sequans Communications' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap178.1M424.4M434.6M383.0M159.4M224.7M
Enterprise Value222.7M486.3M495.8M442.5M234.4M252.2M

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

About Sequans Communications Fundamental Analysis

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

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