American Shared Hospital Stock Piotroski F Score

AMS Stock  USD 3.32  0.10  3.11%   
This module uses fundamental data of American Shared to approximate its Piotroski F score. American Shared F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of American Shared Hospital. 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 American Shared financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out American Shared Altman Z Score, American Shared Correlation, American Shared Valuation, as well as analyze American Shared Alpha and Beta and American Shared Hype Analysis.
  
At this time, American Shared's Debt Equity Ratio is comparatively stable compared to the past year. Debt Ratio is likely to gain to 0.57 in 2024, whereas Net Debt To EBITDA is likely to drop 0.27 in 2024. At this time, American Shared's Capex To Operating Cash Flow is comparatively stable compared to the past year. Income Quality is likely to gain to 9.84 in 2024, whereas Dividend Yield is likely to drop 0.03 in 2024.
At this time, it appears that American Shared'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

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

Decrease

Focus
Long Term Debt Over Assets Change

Higher Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

No Change

Focus

American Shared Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to American Shared is to make sure American is not a subject of accounting manipulations and runs a healthy internal audit department. So, if American Shared'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 American Shared's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.560.4428
Significantly Up
Slightly volatile
Gross Profit Margin0.550.6761
Significantly Down
Pretty Stable
Net Debt1.8 M1.9 M
Notably Down
Slightly volatile
Total Current Liabilities10.8 M10.8 M
Slightly Down
Very volatile
Non Current Liabilities Total18.5 M11.1 M
Way Up
Slightly volatile
Total Assets56 M48.2 M
Fairly Up
Pretty Stable
Total Current Assets10.6 M20.5 M
Way Down
Slightly volatile

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

About American Shared 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

4.89 Million

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

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

About American Shared Fundamental Analysis

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

Thematic Opportunities

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Additional Tools for American Stock Analysis

When running American Shared's price analysis, check to measure American Shared'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 American Shared is operating at the current time. Most of American Shared's value examination focuses on studying past and present price action to predict the probability of American Shared's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Shared's price. Additionally, you may evaluate how the addition of American Shared to your portfolios can decrease your overall portfolio volatility.