Crocs Inc Stock Piotroski F Score

CROX Stock  USD 125.38  4.84  4.02%   
This module uses fundamental data of Crocs to approximate its Piotroski F score. Crocs F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Crocs Inc. 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 Crocs financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Crocs Altman Z Score, Crocs Correlation, Crocs Valuation, as well as analyze Crocs Alpha and Beta and Crocs Hype Analysis.
  
At this time, Crocs' Debt Ratio is fairly stable compared to the past year. At this time, Crocs' PFCF Ratio is fairly stable compared to the past year. Days Payables Outstanding is likely to rise to 73.49 in 2024, whereas Price To Sales Ratio is likely to drop 1.37 in 2024.
At this time, it appears that Crocs' Piotroski F Score is Strong. 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..
7.0
Piotroski F Score - Strong
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)

Improving

Focus
Asset Turnover Growth

Increase

Focus
Current Ratio Change

Increase

Focus
Long Term Debt Over Assets Change

Higher Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

No Change

Focus

Crocs Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Crocs is to make sure Crocs is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Crocs' 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 Crocs' financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.090.8532
Significantly Up
Very volatile
Gross Profit Margin0.390.5496
Way Down
Pretty Stable
Total Current Liabilities733.2 M698.3 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total2.6 B2.5 B
Sufficiently Up
Slightly volatile
Total Assets4.9 B4.6 B
Sufficiently Up
Slightly volatile
Total Current Assets485.6 M910.7 M
Way Down
Slightly volatile

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

About Crocs 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

24.87

At this time, Crocs' Book Value Per Share is fairly stable compared to the past year.

About Crocs Fundamental Analysis

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

Pair Trading with Crocs

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Crocs position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Crocs will appreciate offsetting losses from the drop in the long position's value.

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The ability to find closely correlated positions to Crocs could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Crocs when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Crocs - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Crocs Inc to buy it.
The correlation of Crocs is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Crocs moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Crocs Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Crocs can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Crocs Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Crocs' 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 Crocs Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Crocs Inc Stock:
Check out Crocs Altman Z Score, Crocs Correlation, Crocs Valuation, as well as analyze Crocs Alpha and Beta and Crocs Hype Analysis.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

Complementary Tools for Crocs Stock analysis

When running Crocs' price analysis, check to measure Crocs' 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 Crocs is operating at the current time. Most of Crocs' value examination focuses on studying past and present price action to predict the probability of Crocs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Crocs' price. Additionally, you may evaluate how the addition of Crocs to your portfolios can decrease your overall portfolio volatility.
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Is Crocs' industry 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 Crocs. If investors know Crocs 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 Crocs 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
0.891
Earnings Share
12.79
Revenue Per Share
64.548
Quarterly Revenue Growth
0.016
Return On Assets
0.1429
The market value of Crocs Inc is measured differently than its book value, which is the value of Crocs that is recorded on the company's balance sheet. Investors also form their own opinion of Crocs' value that differs from its market value or its book value, called intrinsic value, which is Crocs' 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 Crocs' market value can be influenced by many factors that don't directly affect Crocs' 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 Crocs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Crocs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Crocs' 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.