First Advantage Corp Stock Piotroski F Score

FA Stock  USD 19.37  0.14  0.73%   
This module uses fundamental data of First Advantage to approximate its Piotroski F score. First Advantage F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of First Advantage Corp. 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 First Advantage financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out First Advantage Altman Z Score, First Advantage Correlation, First Advantage Valuation, as well as analyze First Advantage Alpha and Beta and First Advantage Hype Analysis.
  
At present, First Advantage's Short Term Debt is projected to decrease significantly based on the last few years of reporting. The current year's Debt To Equity is expected to grow to 0.65, whereas Short and Long Term Debt Total is forecasted to decline to about 363.2 M. At present, First Advantage's Dividend Yield is projected to increase slightly based on the last few years of reporting. The current year's Stock Based Compensation To Revenue is expected to grow to 0.02, whereas Price To Sales Ratio is forecasted to decline to 2.97.
At this time, it appears that First Advantage's Piotroski F Score is Very 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..
9.0
Piotroski F Score - Very 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

Lower Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

Increase

Focus

First Advantage Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to First Advantage is to make sure First is not a subject of accounting manipulations and runs a healthy internal audit department. So, if First Advantage'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 First Advantage's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.870.4684
Way Up
Slightly volatile
Gross Profit Margin0.630.4936
Significantly Up
Pretty Stable
Net Debt229.7 M354 M
Way Down
Very volatile
Total Current Liabilities111.4 M85 M
Significantly Up
Slightly volatile
Non Current Liabilities Total670.8 M638.9 M
Sufficiently Up
Slightly volatile
Total Assets987.9 M1.6 B
Way Down
Slightly volatile
Total Current Assets277.1 M373.7 M
Way Down
Slightly volatile
Total Cash From Operating Activities104 M162.8 M
Way Down
Slightly volatile

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

About First Advantage 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.

Pretax Profit Margin

0.0809

At present, First Advantage's Pretax Profit Margin is projected to slightly decrease based on the last few years of reporting.

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

About First Advantage Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze First Advantage Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of First Advantage using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of First Advantage Corp 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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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.
Is Human Resource & Employment Services 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 First Advantage. If investors know First 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 First Advantage 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
(0.85)
Earnings Share
0.03
Revenue Per Share
5.259
Quarterly Revenue Growth
(0.01)
Return On Assets
0.0309
The market value of First Advantage Corp is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Advantage's value that differs from its market value or its book value, called intrinsic value, which is First Advantage'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 First Advantage's market value can be influenced by many factors that don't directly affect First Advantage'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 First Advantage's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Advantage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Advantage'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.