Federal Signal Stock Piotroski F Score

FSS Stock  USD 80.84  0.68  0.83%   
This module uses fundamental data of Federal Signal to approximate its Piotroski F score. Federal Signal F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Federal Signal. 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 Federal Signal financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Federal Signal Altman Z Score, Federal Signal Correlation, Federal Signal Valuation, as well as analyze Federal Signal Alpha and Beta and Federal Signal Hype Analysis.
For more information on how to buy Federal Stock please use our How to Invest in Federal Signal guide.
  
At this time, Federal Signal's Long Term Debt Total is comparatively stable compared to the past year. Net Debt To EBITDA is likely to gain to 1.80 in 2024, whereas Net Debt is likely to drop slightly above 216.7 M in 2024. At this time, Federal Signal's Net Income Per Share is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.19 in 2024, whereas PTB Ratio is likely to drop 3.04 in 2024.
At this time, it appears that Federal Signal's 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..
8.0
Piotroski F Score - Strong
Current Return On Assets

Positive

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

Lower Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

Increase

Focus

Federal Signal Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Federal Signal is to make sure Federal is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Federal Signal'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 Federal Signal's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.311.0631
Fairly Up
Slightly volatile
Gross Profit Margin0.310.2571
Fairly Up
Pretty Stable
Total Current Liabilities206.3 M195.8 M
Notably Up
Slightly volatile
Non Current Liabilities Total274.9 M422.8 M
Way Down
Slightly volatile
Total Assets870.8 M1.6 B
Way Down
Slightly volatile
Total Current Assets325.3 M570.2 M
Way Down
Slightly volatile
Total Cash From Operating Activities204.1 M194.4 M
Sufficiently Up
Slightly volatile

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

About Federal Signal 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.

Common Stock Shares Outstanding

57.69 Million

At this time, Federal Signal's Common Stock Shares Outstanding is comparatively stable compared to the past year.

About Federal Signal Fundamental Analysis

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

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When determining whether Federal Signal is a strong investment it is important to analyze Federal Signal'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 Federal Signal's future performance. For an informed investment choice regarding Federal Stock, refer to the following important reports:
Check out Federal Signal Altman Z Score, Federal Signal Correlation, Federal Signal Valuation, as well as analyze Federal Signal Alpha and Beta and Federal Signal Hype Analysis.
For more information on how to buy Federal Stock please use our How to Invest in Federal Signal guide.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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Is Federal Signal's 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 Federal Signal. If investors know Federal 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 Federal Signal 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
0.314
Dividend Share
0.39
Earnings Share
2.56
Revenue Per Share
28.381
Quarterly Revenue Growth
0.145
The market value of Federal Signal is measured differently than its book value, which is the value of Federal that is recorded on the company's balance sheet. Investors also form their own opinion of Federal Signal's value that differs from its market value or its book value, called intrinsic value, which is Federal Signal'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 Federal Signal's market value can be influenced by many factors that don't directly affect Federal Signal'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 Federal Signal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Federal Signal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Federal Signal'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.