Work Medical Technology Stock Piotroski F Score

WOK Stock   4.71  1.29  21.50%   
This module uses fundamental data of WORK Medical to approximate its Piotroski F score. WORK Medical F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of WORK Medical Technology. 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 WORK Medical financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out WORK Medical Altman Z Score, WORK Medical Correlation, WORK Medical Valuation, as well as analyze WORK Medical Alpha and Beta and WORK Medical Hype Analysis.
  
The value of Net Debt is estimated to slide to about 6.2 M. The value of Long Term Debt is estimated to slide to about 471.3 K.
At this time, it appears that WORK Medical's Piotroski F Score is Poor. 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..
4.0
Piotroski F Score - Poor
Current Return On Assets

N/A

Focus
Change in Return on Assets

N/A

Focus
Cash Flow Return on Assets

Positive

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

N/A

Focus
Current Ratio Change

N/A

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

N/A

Focus

WORK Medical Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to WORK Medical is to make sure WORK is not a subject of accounting manipulations and runs a healthy internal audit department. So, if WORK Medical'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 WORK Medical's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Net Debt6.2 M8.3 M
Way Down
Slightly volatile
Total Current Liabilities20.3 M17 M
Fairly Up
Slightly volatile
Non Current Liabilities Total42.9 K45.1 K
Notably Down
Slightly volatile
Total Assets28.5 M27 M
Notably Up
Slightly volatile
Total Current Assets19.5 M19.9 M
Fairly Down
Slightly volatile

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

About WORK Medical 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.

Net Debt

6.17 Million

At this time, WORK Medical's Net Debt is quite stable compared to the past year.

About WORK Medical Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze WORK Medical Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of WORK Medical using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of WORK Medical Technology 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 WORK Medical Technology is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if WORK Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Work Medical Technology Stock. Highlighted below are key reports to facilitate an investment decision about Work Medical Technology Stock:
Is Health Care Equipment & Supplies 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 WORK Medical. If investors know WORK 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 WORK Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of WORK Medical Technology is measured differently than its book value, which is the value of WORK that is recorded on the company's balance sheet. Investors also form their own opinion of WORK Medical's value that differs from its market value or its book value, called intrinsic value, which is WORK Medical'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 WORK Medical's market value can be influenced by many factors that don't directly affect WORK Medical'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 WORK Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if WORK Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WORK Medical'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.