Tandy Leather Factory Stock Piotroski F Score
| TLF Stock | USD 4.74 0.06 1.28% |
Tandy | Piotroski F Score |
At this time, it appears that Tandy Leather'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..
6.0
Piotroski F Score - Healthy
| Current Return On Assets | Positive |
| Change in Return on Assets | Increased |
| Cash Flow Return on Assets | Positive |
| Current Quality of Earnings (accrual) | Decreasing |
| Asset Turnover Growth | Increase |
| Current Ratio Change | Decrease |
| Long Term Debt Over Assets Change | Lower Leverage |
| Change In Outstending Shares | Decrease |
| Change in Gross Margin | No Change |
Tandy Leather Piotroski F Score Drivers
The critical factor to consider when applying the Piotroski F Score to Tandy Leather is to make sure Tandy is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Tandy Leather'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 Tandy Leather's financial numbers are properly reported.
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 1.63 | 1.0568 |
|
| |||||
| Gross Profit Margin | 0.44 | 0.5318 |
|
| |||||
| Total Current Liabilities | 7.9 M | 8.9 M |
|
| |||||
| Non Current Liabilities Total | 4.7 M | 6.9 M |
|
| |||||
| Total Assets | 46.4 M | 72.1 M |
|
| |||||
| Total Current Assets | 33.6 M | 51.3 M |
|
|
Tandy Leather Factory 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 Tandy Leather's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Tandy Leather in a much-optimized way.
Click cells to compare fundamentals
About Tandy Leather 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 |
|
Tandy Leather Current Valuation Drivers
We derive many important indicators used in calculating different scores of Tandy Leather from analyzing Tandy Leather's financial statements. These drivers represent accounts that assess Tandy Leather's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Tandy Leather's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 51.2M | 29.0M | 44.9M | 35.5M | 35.5M | 39.7M | |
| Enterprise Value | 49.8M | 31.9M | 46.4M | 37.9M | 32.8M | 37.7M |
Tandy Leather 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, Tandy Leather's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Tandy Leather's managers, analysts, and investors.Environmental | Governance | Social |
About Tandy Leather Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Tandy Leather Factory's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tandy Leather using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tandy Leather Factory 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 Tandy Leather Factory is a strong investment it is important to analyze Tandy Leather'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 Tandy Leather's future performance. For an informed investment choice regarding Tandy Stock, refer to the following important reports:Check out Tandy Leather Altman Z Score, Tandy Leather Correlation, Tandy Leather Valuation, as well as analyze Tandy Leather Alpha and Beta and Tandy Leather Hype Analysis. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Complementary Tools for Tandy Stock analysis
When running Tandy Leather's price analysis, check to measure Tandy Leather's 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 Tandy Leather is operating at the current time. Most of Tandy Leather's value examination focuses on studying past and present price action to predict the probability of Tandy Leather's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tandy Leather's price. Additionally, you may evaluate how the addition of Tandy Leather to your portfolios can decrease your overall portfolio volatility.
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals |
Is Tandy Leather'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 Tandy Leather. If investors know Tandy 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 Tandy Leather 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 (0.25) | Earnings Share 0.43 | Revenue Per Share 8.984 | Quarterly Revenue Growth (0.05) | Return On Assets 0.0363 |
The market value of Tandy Leather Factory is measured differently than its book value, which is the value of Tandy that is recorded on the company's balance sheet. Investors also form their own opinion of Tandy Leather's value that differs from its market value or its book value, called intrinsic value, which is Tandy Leather'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 Tandy Leather's market value can be influenced by many factors that don't directly affect Tandy Leather'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 Tandy Leather's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tandy Leather is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tandy Leather'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.