22nd Century Group Stock Piotroski F Score

XXII Stock  USD 0.1  0  1.00%   
This module uses fundamental data of 22nd Century to approximate its Piotroski F score. 22nd Century F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of 22nd Century Group. 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 22nd Century financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out 22nd Century Altman Z Score, 22nd Century Correlation, 22nd Century Valuation, as well as analyze 22nd Century Alpha and Beta and 22nd Century Hype Analysis.
  
As of now, 22nd Century's Long Term Debt is increasing as compared to previous years. The 22nd Century's current Short and Long Term Debt is estimated to increase to about 6.7 M, while Net Debt To EBITDA is forecasted to increase to (0.34). As of now, 22nd Century's Intangibles To Total Assets are decreasing as compared to previous years. The 22nd Century's current Graham Number is estimated to increase to 155.18, while Price To Sales Ratio is projected to decrease to 0.11.
At this time, it appears that 22nd Century's Piotroski F Score is Poor. 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..
4.0
Piotroski F Score - Poor
Current Return On Assets

Negative

Focus
Change in Return on Assets

Decreased

Focus
Cash Flow Return on Assets

Negative

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Increase

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

Higher Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

Increase

Focus

22nd Century Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to 22nd Century is to make sure 22nd is not a subject of accounting manipulations and runs a healthy internal audit department. So, if 22nd Century'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 22nd Century's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.231.1709
Sufficiently Up
Slightly volatile
Total Current Liabilities26.3 M25 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total11.4 M10.9 M
Sufficiently Up
Slightly volatile
Total Assets35.5 M27.5 M
Significantly Up
Slightly volatile
Total Current Assets22 M16.3 M
Significantly Up
Slightly volatile

22nd Century Group 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 22nd Century's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards 22nd Century in a much-optimized way.

About 22nd Century 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

(6.17)

As of now, 22nd Century's Book Value Per Share is increasing as compared to previous years.

About 22nd Century Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze 22nd Century Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of 22nd Century using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of 22nd Century Group 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.

Currently Active Assets on Macroaxis

When determining whether 22nd Century Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of 22nd Century'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 22nd Century Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on 22nd Century Group Stock:
Check out 22nd Century Altman Z Score, 22nd Century Correlation, 22nd Century Valuation, as well as analyze 22nd Century Alpha and Beta and 22nd Century Hype Analysis.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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 22nd Century. If investors know 22nd 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 22nd Century listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(17.92)
Revenue Per Share
1.461
Quarterly Revenue Growth
(0.61)
Return On Assets
(0.23)
Return On Equity
0.3628
The market value of 22nd Century Group is measured differently than its book value, which is the value of 22nd that is recorded on the company's balance sheet. Investors also form their own opinion of 22nd Century's value that differs from its market value or its book value, called intrinsic value, which is 22nd Century'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 22nd Century's market value can be influenced by many factors that don't directly affect 22nd Century'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 22nd Century's value and its price as these two are different measures arrived at by different means. Investors typically determine if 22nd Century is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 22nd Century'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.