This module uses fundamental data of 3D Systems to approximate its Piotroski F score. 3D Systems F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of 3D Systems. 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 3D Systems financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out 3D Systems Altman Z Score, 3D Systems Correlation, 3D Systems Valuation, as well as analyze 3D Systems Alpha and Beta and 3D Systems Hype Analysis.
At present, 3D Systems' Net Debt is projected to increase significantly based on the last few years of reporting. The current year's Short Term Debt is expected to grow to about 10.4 M, whereas Net Debt To EBITDA is forecasted to decline to (0.23). At present, 3D Systems' Capex To Depreciation is projected to slightly decrease based on the last few years of reporting. The current year's EV To Sales is expected to grow to 3.30, whereas PTB Ratio is forecasted to decline to 1.84.
At this time, it appears that 3D Systems' 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..
The critical factor to consider when applying the Piotroski F Score to 3D Systems is to make sure DDD is not a subject of accounting manipulations and runs a healthy internal audit department. So, if 3D Systems' 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 3D Systems' financial numbers are properly reported.
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 3D Systems' different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards 3D Systems in a much-optimized way.
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
69.64 Million
At present, 3D Systems' Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting.
3D Systems 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, 3D Systems' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to 3D Systems' managers, analysts, and investors.
Environmental
Governance
Social
About 3D Systems Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze 3D Systems's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of 3D Systems using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of 3D Systems 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.
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.
When determining whether 3D Systems is a strong investment it is important to analyze 3D Systems' 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 3D Systems' future performance. For an informed investment choice regarding DDD Stock, refer to the following important reports:
For information on how to trade DDD Stock refer to our How to Trade DDD Stock guide.You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Industrial Machinery & Supplies & Components 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 3D Systems. If investors know DDD 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 3D Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.67)
Revenue Per Share
3.476
Quarterly Revenue Growth
(0.12)
Return On Assets
(0.05)
Return On Equity
(0.63)
The market value of 3D Systems is measured differently than its book value, which is the value of DDD that is recorded on the company's balance sheet. Investors also form their own opinion of 3D Systems' value that differs from its market value or its book value, called intrinsic value, which is 3D Systems' 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 3D Systems' market value can be influenced by many factors that don't directly affect 3D Systems' 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 3D Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if 3D Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 3D Systems' 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.