| SNN Stock | | | USD 24.01 0.09 0.38% |
This module uses fundamental data of Smith Nephew to approximate its Piotroski F score. Smith Nephew F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Smith Nephew SNATS. 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 Smith Nephew financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out
Smith Nephew Altman Z Score,
Smith Nephew Correlation,
Smith Nephew Valuation, as well as analyze
Smith Nephew Alpha and Beta and
Smith Nephew Hype Analysis.
At this time, Smith Nephew's
Interest Debt Per Share is very stable compared to the past year. As of the 19th of April 2024,
Debt Equity Ratio is likely to grow to 0.65, while
Long Term Debt is likely to drop about 1.2
B. At this time, Smith Nephew's
Inventory Turnover is very stable compared to the past year. As of the 19th of April 2024,
Payables Turnover is likely to grow to 1.88, while
Price To Sales Ratio is likely to drop 2.03.
At this time, it appears that Smith Nephew'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
| Change in Return on Assets | |
| Cash Flow Return on Assets | |
| Current Quality of Earnings (accrual) | |
| Long Term Debt Over Assets Change | Lower Leverage| Focus | |
| Change In Outstending Shares | |
Smith Nephew Piotroski F Score Drivers
The critical factor to consider when applying the Piotroski F Score to Smith Nephew is to make sure Smith is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Smith Nephew'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 Smith Nephew's financial numbers are properly reported.
Smith Nephew SNATS 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 Smith Nephew's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Smith Nephew in a much-optimized way.
Click cells to compare fundamentals
About Smith Nephew 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.
About Smith Nephew Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Smith Nephew SNATS's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Smith Nephew using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at
the intrinsic value of Smith Nephew SNATS 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 Smith Nephew SNATS
offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Smith Nephew'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 Smith Nephew Snats Stock.
Outlined below are crucial reports that will aid in making a well-informed decision on Smith Nephew Snats Stock: Complementary Tools for Smith Stock analysis
When running Smith Nephew's price analysis, check to
measure Smith Nephew's 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 Smith Nephew is operating at the current time. Most of Smith Nephew's value examination focuses on studying past and present price action to
predict the probability of Smith Nephew's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Smith Nephew's price. Additionally, you may evaluate how the addition of Smith Nephew to your portfolios can decrease your overall portfolio volatility.
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Is Smith Nephew's industry 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 Smith Nephew. If investors know Smith 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 Smith Nephew 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 | Dividend Share | Earnings Share | Revenue Per Share | Quarterly Revenue Growth |
The market value of Smith Nephew SNATS is measured differently than its book value, which is the value of Smith that is recorded on the company's balance sheet. Investors also form their own opinion of Smith Nephew's value that differs from its market value or its book value, called intrinsic value, which is Smith Nephew'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 Smith Nephew's market value can be influenced by many factors that don't directly affect Smith Nephew'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 Smith Nephew's value and its price as these two are different measures arrived at by different means. Investors typically determine
if Smith Nephew is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Smith Nephew'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.