Connexa Sports Technologies Stock Piotroski F Score

YYAI Stock   0.63  0.14  18.18%   
This module uses fundamental data of Connexa Sports to approximate its Piotroski F score. Connexa Sports F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Connexa Sports Technologies. 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 Connexa Sports financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Connexa Sports Altman Z Score, Connexa Sports Correlation, Connexa Sports Valuation, as well as analyze Connexa Sports Alpha and Beta and Connexa Sports Hype Analysis.
  
As of now, Connexa Sports' Short and Long Term Debt is increasing as compared to previous years. The Connexa Sports' current Debt To Equity is estimated to increase to 0.27, while Long Term Debt is projected to decrease to under 1.6 M. As of now, Connexa Sports' Cash Per Share is increasing as compared to previous years. The Connexa Sports' current Days Payables Outstanding is estimated to increase to 324.26, while Price To Sales Ratio is projected to decrease to 0.94.
At this time, it appears that Connexa Sports' Piotroski F Score is Unavailable. 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 - Unavailable
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

Increase

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

Increase

Focus

Connexa Sports Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Connexa Sports is to make sure Connexa is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Connexa Sports' 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 Connexa Sports' financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.650.35
Way Up
Very volatile
Total Current Liabilities12.6 M13.8 M
Significantly Down
Slightly volatile
Total Assets13.5 M24.9 M
Way Down
Slightly volatile
Total Current Assets23.7 M22.6 M
Sufficiently Up
Slightly volatile

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

About Connexa Sports 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

18.82

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

About Connexa Sports Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Connexa Sports Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Connexa Sports using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Connexa Sports Technologies 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 Connexa Sports Techn offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Connexa Sports' 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 Connexa Sports Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Connexa Sports Technologies Stock:
Check out Connexa Sports Altman Z Score, Connexa Sports Correlation, Connexa Sports Valuation, as well as analyze Connexa Sports Alpha and Beta and Connexa Sports Hype Analysis.
You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Is Apparel, Accessories & Luxury Goods 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 Connexa Sports. If investors know Connexa 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 Connexa Sports listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(43.42)
Revenue Per Share
16.184
Quarterly Revenue Growth
0.289
Return On Assets
(0.57)
The market value of Connexa Sports Techn is measured differently than its book value, which is the value of Connexa that is recorded on the company's balance sheet. Investors also form their own opinion of Connexa Sports' value that differs from its market value or its book value, called intrinsic value, which is Connexa Sports' 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 Connexa Sports' market value can be influenced by many factors that don't directly affect Connexa Sports' 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 Connexa Sports' value and its price as these two are different measures arrived at by different means. Investors typically determine if Connexa Sports is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Connexa Sports' 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.