Utah Medical Products Stock Piotroski F Score

UTMD Stock  USD 56.81  0.60  1.05%   
This module uses fundamental data of Utah Medical to approximate its Piotroski F score. Utah Medical F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Utah Medical Products. 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 Utah Medical financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Utah Medical Altman Z Score, Utah Medical Correlation, Utah Medical Valuation, as well as analyze Utah Medical Alpha and Beta and Utah Medical Hype Analysis.
  
At present, Utah Medical's Cash Flow To Debt Ratio is projected to increase significantly based on the last few years of reporting. At present, Utah Medical's Days Sales Outstanding is projected to drop based on the last few years of reporting. The current year's Book Value Per Share is expected to grow to 35.20, whereas PTB Ratio is forecasted to decline to 1.74.
At this time, it appears that Utah Medical'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..
5.0
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)

Decreasing

Focus
Asset Turnover Growth

Decrease

Focus
Current Ratio Change

Increase

Focus
Long Term Debt Over Assets Change

N/A

Focus
Change In Outstending Shares

Increase

Focus
Change in Gross Margin

No Change

Focus

Utah Medical Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Utah Medical is to make sure Utah is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Utah Medical'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 Utah Medical's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.20.1132
Way Up
Slightly volatile
Asset Turnover0.320.3338
Sufficiently Down
Slightly volatile
Gross Profit Margin0.440.5903
Way Down
Pretty Stable
Total Current Liabilities4.6 M5.4 M
Fairly Down
Slightly volatile
Non Current Liabilities Total5.2 M2.8 M
Way Up
Slightly volatile
Total Assets163.6 M155.8 M
Sufficiently Up
Slightly volatile
Total Current Assets128.3 M122.2 M
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities26.9 M25.6 M
Sufficiently Up
Slightly volatile

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

About Utah Medical 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

35.2

At present, Utah Medical's Book Value Per Share is projected to increase significantly based on the last few years of reporting.

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

About Utah Medical Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Utah Medical Products's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Utah Medical using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Utah Medical Products 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.
When determining whether Utah Medical Products is a strong investment it is important to analyze Utah Medical's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Utah Medical's future performance. For an informed investment choice regarding Utah Stock, refer to the following important reports:
Check out Utah Medical Altman Z Score, Utah Medical Correlation, Utah Medical Valuation, as well as analyze Utah Medical Alpha and Beta and Utah Medical Hype Analysis.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Health Care Equipment & Supplies 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 Utah Medical. If investors know Utah 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 Utah Medical 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
(0.27)
Dividend Share
1.205
Earnings Share
3.96
Revenue Per Share
11.677
Quarterly Revenue Growth
(0.26)
The market value of Utah Medical Products is measured differently than its book value, which is the value of Utah that is recorded on the company's balance sheet. Investors also form their own opinion of Utah Medical's value that differs from its market value or its book value, called intrinsic value, which is Utah Medical'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 Utah Medical's market value can be influenced by many factors that don't directly affect Utah Medical'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 Utah Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Utah Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Utah Medical'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.