This module uses fundamental data of ReWalk Robotics to approximate its Piotroski F score. ReWalk Robotics F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of ReWalk Robotics. 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 ReWalk Robotics financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out ReWalk Robotics Altman Z Score, ReWalk Robotics Correlation, ReWalk Robotics Valuation, as well as analyze ReWalk Robotics Alpha and Beta and ReWalk Robotics Hype Analysis.
At present, ReWalk Robotics' Long Term Debt To Capitalization is projected to slightly decrease based on the last few years of reporting. At present, ReWalk Robotics' EV To Sales is projected to drop based on the last few years of reporting. The current year's Days Of Inventory On Hand is expected to grow to 285.54, whereas Days Sales Outstanding is forecasted to decline to 47.51.
At this time, it appears that ReWalk Robotics' 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 ReWalk Robotics is to make sure ReWalk is not a subject of accounting manipulations and runs a healthy internal audit department. So, if ReWalk Robotics' 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 ReWalk Robotics' 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 ReWalk Robotics' different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards ReWalk Robotics 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.
Book Value Per Share
5.18
At present, ReWalk Robotics' Book Value Per Share is projected to decrease significantly based on the last few years of reporting.
ReWalk Robotics Current Valuation Drivers
We derive many important indicators used in calculating different scores of ReWalk Robotics from analyzing ReWalk Robotics' financial statements. These drivers represent accounts that assess ReWalk Robotics' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of ReWalk Robotics' important valuation drivers and their relationship over time.
The Macroaxis Fundamental Analysis modules help investors analyze ReWalk Robotics's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ReWalk Robotics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ReWalk Robotics 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 ReWalk Robotics is a strong investment it is important to analyze ReWalk Robotics' 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 ReWalk Robotics' future performance. For an informed investment choice regarding ReWalk Stock, refer to the following important reports:
For information on how to trade ReWalk Stock refer to our How to Trade ReWalk Stock guide.You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
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 ReWalk Robotics. If investors know ReWalk 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 ReWalk Robotics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.23)
Revenue Per Share
2.713
Quarterly Revenue Growth
4.016
Return On Assets
(0.24)
Return On Equity
(0.50)
The market value of ReWalk Robotics is measured differently than its book value, which is the value of ReWalk that is recorded on the company's balance sheet. Investors also form their own opinion of ReWalk Robotics' value that differs from its market value or its book value, called intrinsic value, which is ReWalk Robotics' 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 ReWalk Robotics' market value can be influenced by many factors that don't directly affect ReWalk Robotics' 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 ReWalk Robotics' value and its price as these two are different measures arrived at by different means. Investors typically determine if ReWalk Robotics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ReWalk Robotics' 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.