Mmtec Inc Stock Piotroski F Score

MTC Stock  USD 0.23  0  1.30%   
This module uses fundamental data of MMTEC to approximate its Piotroski F score. MMTEC F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of MMTEC Inc. 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 MMTEC financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out MMTEC Altman Z Score, MMTEC Correlation, MMTEC Valuation, as well as analyze MMTEC Alpha and Beta and MMTEC Hype Analysis.
  
At present, MMTEC's Long Term Debt is projected to increase significantly based on the last few years of reporting. The current year's Short and Long Term Debt is expected to grow to about 291.9 K, whereas Short Term Debt is forecasted to decline to about 432.9 K. At present, MMTEC's Inventory Turnover is projected to drop based on the last few years of reporting. The current year's Net Income Per Share is expected to grow to 0.49, whereas Price To Sales Ratio is forecasted to decline to 114.93.
At this time, it appears that MMTEC's Piotroski F Score is Frail. 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..
2.0
Piotroski F Score - Frail
Current Return On Assets

Positive

Focus
Change in Return on Assets

Increased

Focus
Cash Flow Return on Assets

Negative

Focus
Current Quality of Earnings (accrual)

Decreasing

Focus
Asset Turnover Growth

Decrease

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

Higher Leverage

Focus
Change In Outstending Shares

Increase

Focus
Change in Gross Margin

No Change

Focus

MMTEC Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to MMTEC is to make sure MMTEC is not a subject of accounting manipulations and runs a healthy internal audit department. So, if MMTEC'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 MMTEC's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.00530.0055
Notably Down
Pretty Stable
Gross Profit Margin0.580.8012
Way Down
Slightly volatile
Total Current Liabilities2.1 MM
Sufficiently Up
Slightly volatile
Total Assets164.8 M157 M
Sufficiently Up
Slightly volatile
Total Current Assets4.7 MM
Way Up
Slightly volatile

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

About MMTEC 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

110.51 Million

At present, MMTEC's Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting.

MMTEC Current Valuation Drivers

We derive many important indicators used in calculating different scores of MMTEC from analyzing MMTEC's financial statements. These drivers represent accounts that assess MMTEC's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of MMTEC's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap39.0M30.0M16.2M2.7M3.1M3.0M
Enterprise Value36.4M29.3M5.4M(61.6K)(70.9K)(67.3K)

About MMTEC Fundamental Analysis

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

Also Currently Popular

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 MMTEC Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MMTEC's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mmtec Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mmtec Inc Stock:
Check out MMTEC Altman Z Score, MMTEC Correlation, MMTEC Valuation, as well as analyze MMTEC Alpha and Beta and MMTEC Hype Analysis.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Application Software 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 MMTEC. If investors know MMTEC 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 MMTEC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.04)
Revenue Per Share
0.008
Quarterly Revenue Growth
2.895
Return On Assets
(0.04)
Return On Equity
(0.07)
The market value of MMTEC Inc is measured differently than its book value, which is the value of MMTEC that is recorded on the company's balance sheet. Investors also form their own opinion of MMTEC's value that differs from its market value or its book value, called intrinsic value, which is MMTEC'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 MMTEC's market value can be influenced by many factors that don't directly affect MMTEC'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 MMTEC's value and its price as these two are different measures arrived at by different means. Investors typically determine if MMTEC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MMTEC'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.