Mcbc Holdings Stock Piotroski F Score

MCFT Stock  USD 21.20  0.04  0.19%   
This module uses fundamental data of MCBC Holdings to approximate its Piotroski F score. MCBC Holdings F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of MCBC Holdings. 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 MCBC Holdings financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out MCBC Holdings Altman Z Score, MCBC Holdings Correlation, MCBC Holdings Valuation, as well as analyze MCBC Holdings Alpha and Beta and MCBC Holdings Hype Analysis.
For more information on how to buy MCBC Stock please use our How to Invest in MCBC Holdings guide.
  
At this time, MCBC Holdings' Short and Long Term Debt Total is comparatively stable compared to the past year. Net Debt is likely to gain to about 46.8 M in 2024, whereas Debt To Assets are likely to drop 0.15 in 2024. At this time, MCBC Holdings' Cash Per Share is comparatively stable compared to the past year. POCF Ratio is likely to gain to 25.55 in 2024, whereas Capex To Depreciation is likely to drop 1.23 in 2024.
At this time, it appears that MCBC Holdings' 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

Decreased

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

Higher Leverage

Focus
Change In Outstending Shares

Increase

Focus
Change in Gross Margin

Increase

Focus

MCBC Holdings Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to MCBC Holdings is to make sure MCBC is not a subject of accounting manipulations and runs a healthy internal audit department. So, if MCBC Holdings' 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 MCBC Holdings' financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover2.231.1529
Way Up
Pretty Stable
Gross Profit Margin0.260.183
Significantly Up
Slightly volatile
Net Debt46.8 M41.9 M
Moderately Up
Slightly volatile
Total Current Liabilities67.6 M77.9 M
Fairly Down
Slightly volatile
Non Current Liabilities Total77.5 M56.2 M
Significantly Up
Very volatile
Total Assets212.5 M318 M
Way Down
Slightly volatile
Total Current Assets81.2 M155.1 M
Way Down
Slightly volatile
Total Cash From Operating Activities11.9 M12.5 M
Notably Down
Slightly volatile

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

About MCBC Holdings 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.

Book Value Per Share

11.4

At this time, MCBC Holdings' Book Value Per Share is comparatively stable compared to the past year.

MCBC Holdings Current Valuation Drivers

We derive many important indicators used in calculating different scores of MCBC Holdings from analyzing MCBC Holdings' financial statements. These drivers represent accounts that assess MCBC Holdings' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of MCBC Holdings' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap356.9M494.4M388.5M540.0M304.1M292.6M
Enterprise Value449.2M548.3M411.0M576.6M345.9M339.4M

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

About MCBC Holdings Fundamental Analysis

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

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