Turning Point Brands Stock Piotroski F Score

TPB Stock  USD 61.41  0.89  1.43%   
This module uses fundamental data of Turning Point to approximate its Piotroski F score. Turning Point F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Turning Point Brands. 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 Turning Point financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Turning Point Altman Z Score, Turning Point Correlation, Turning Point Valuation, as well as analyze Turning Point Alpha and Beta and Turning Point Hype Analysis.
  
At present, Turning Point's Short Term Debt is projected to increase significantly based on the last few years of reporting. The current year's Long Term Debt is expected to grow to about 312.8 M, whereas Short and Long Term Debt Total is forecasted to decline to about 350.1 M. At present, Turning Point's PTB Ratio is projected to increase based on the last few years of reporting. The current year's Days Sales Outstanding is expected to grow to 27.58, whereas Price To Sales Ratio is forecasted to decline to 1.02.
At this time, it appears that Turning Point'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..
5.0
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

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

Increase

Focus

Turning Point Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Turning Point is to make sure Turning is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Turning Point'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 Turning Point's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.590.712
Significantly Down
Pretty Stable
Gross Profit Margin0.520.5013
Sufficiently Up
Pretty Stable
Total Current Liabilities105.4 M100.3 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total321 M317 M
Fairly Up
Slightly volatile
Total Assets376.4 M569.4 M
Way Down
Slightly volatile
Total Current Assets281 M267.6 M
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities70.2 M66.9 M
Sufficiently Up
Slightly volatile

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

About Turning Point 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

20.8 Million

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

Turning Point Current Valuation Drivers

We derive many important indicators used in calculating different scores of Turning Point from analyzing Turning Point's financial statements. These drivers represent accounts that assess Turning Point's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Turning Point's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap561.3M864.4M714.7M387.2M462.7M447.8M
Enterprise Value761.3M1.1B1.0B698.1M722.8M648.0M

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

About Turning Point Fundamental Analysis

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

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When determining whether Turning Point Brands offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Turning Point'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 Turning Point Brands Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Turning Point Brands Stock:
Check out Turning Point Altman Z Score, Turning Point Correlation, Turning Point Valuation, as well as analyze Turning Point Alpha and Beta and Turning Point Hype Analysis.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Tobacco 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 Turning Point. If investors know Turning 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 Turning Point listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.178
Dividend Share
0.275
Earnings Share
2.49
Revenue Per Share
23.183
Quarterly Revenue Growth
0.041
The market value of Turning Point Brands is measured differently than its book value, which is the value of Turning that is recorded on the company's balance sheet. Investors also form their own opinion of Turning Point's value that differs from its market value or its book value, called intrinsic value, which is Turning Point'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 Turning Point's market value can be influenced by many factors that don't directly affect Turning Point'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 Turning Point's value and its price as these two are different measures arrived at by different means. Investors typically determine if Turning Point is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Turning Point'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.