Shotspotter Stock Piotroski F Score

SSTI Stock  USD 13.44  0.13  0.96%   
This module uses fundamental data of Shotspotter to approximate its Piotroski F score. Shotspotter F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Shotspotter. 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 Shotspotter financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Shotspotter Altman Z Score, Shotspotter Correlation, Shotspotter Valuation, as well as analyze Shotspotter Alpha and Beta and Shotspotter Hype Analysis.
For more detail on how to invest in Shotspotter Stock please use our How to Invest in Shotspotter guide.
  
As of now, Shotspotter's Total Debt To Capitalization is increasing as compared to previous years. The Shotspotter's current Debt Equity Ratio is estimated to increase to 0.09, while Short and Long Term Debt Total is projected to decrease to under 4.3 M. As of now, Shotspotter's Stock Based Compensation To Revenue is increasing as compared to previous years. The Shotspotter's current PB Ratio is estimated to increase to 5.96, while Price To Sales Ratio is projected to decrease to 3.23.
At this time, it appears that Shotspotter'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

Negative

Focus
Change in Return on Assets

Decreased

Focus
Cash Flow Return on Assets

Positive

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Increase

Focus
Current Ratio Change

Increase

Focus
Long Term Debt Over Assets Change

N/A

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

No Change

Focus

Shotspotter Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Shotspotter is to make sure Shotspotter is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Shotspotter'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 Shotspotter's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.810.6684
Fairly Up
Slightly volatile
Gross Profit Margin0.410.5699
Way Down
Slightly volatile
Total Current Liabilities35 M59.8 M
Way Down
Slightly volatile
Non Current Liabilities Total3.9 M4.1 M
Notably Down
Slightly volatile
Total Assets70.2 M138.7 M
Way Down
Slightly volatile
Total Current Assets31.3 M40.3 M
Significantly Down
Slightly volatile

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

About Shotspotter 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

6.35

As of now, Shotspotter's Book Value Per Share is increasing as compared to previous years.

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

About Shotspotter Fundamental Analysis

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

Currently Active Assets on Macroaxis

When determining whether Shotspotter offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Shotspotter's 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 Shotspotter Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Shotspotter Stock:
Check out Shotspotter Altman Z Score, Shotspotter Correlation, Shotspotter Valuation, as well as analyze Shotspotter Alpha and Beta and Shotspotter Hype Analysis.
For more detail on how to invest in Shotspotter Stock please use our How to Invest in Shotspotter guide.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Application Software 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 Shotspotter. If investors know Shotspotter 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 Shotspotter 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
3.399
Earnings Share
(0.10)
Revenue Per Share
8.21
Quarterly Revenue Growth
0.095
Return On Assets
(0.02)
The market value of Shotspotter is measured differently than its book value, which is the value of Shotspotter that is recorded on the company's balance sheet. Investors also form their own opinion of Shotspotter's value that differs from its market value or its book value, called intrinsic value, which is Shotspotter's 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 Shotspotter's market value can be influenced by many factors that don't directly affect Shotspotter's 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 Shotspotter's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shotspotter is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shotspotter's 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.