Styrenix Performance Materials Stock Piotroski F Score

STYRENIX   2,522  4.80  0.19%   
This module uses fundamental data of Styrenix Performance to approximate its Piotroski F score. Styrenix Performance F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Styrenix Performance Materials. 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 Styrenix Performance financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Styrenix Performance Materials. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
  
The current Net Debt is estimated to decrease to about 1.1 B. The current Long Term Debt is estimated to decrease to about 82.2 M.
At this time, it appears that Styrenix Performance's Piotroski F Score is Inapplicable. 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..
4.0
Piotroski F Score - Inapplicable
Current Return On Assets

N/A

Focus
Change in Return on Assets

N/A

Focus
Cash Flow Return on Assets

Positive

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

N/A

Focus
Current Ratio Change

N/A

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

N/A

Focus

Styrenix Performance Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Styrenix Performance is to make sure Styrenix is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Styrenix Performance'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 Styrenix Performance's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Net Debt1.1 B1.3 B
Fairly Down
Slightly volatile
Total Current Liabilities3.8 B5.5 B
Way Down
Slightly volatile
Non Current Liabilities Total847.6 M610.1 M
Significantly Up
Slightly volatile
Total Assets13.4 B14.5 B
Significantly Down
Slightly volatile
Total Current Assets8.8 B10.6 B
Significantly Down
Slightly volatile
Total Cash From Operating ActivitiesB3.1 B
Notably Down
Slightly volatile

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

About Styrenix Performance 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.

Total Assets

13.37 Billion

As of now, Styrenix Performance's Total Assets are increasing as compared to previous years.

About Styrenix Performance Fundamental Analysis

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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Styrenix Stock

Styrenix Performance financial ratios help investors to determine whether Styrenix Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Styrenix with respect to the benefits of owning Styrenix Performance security.