Evercommerce Stock Piotroski F Score

EVCM Stock  USD 9.49  0.03  0.32%   
This module uses fundamental data of EverCommerce to approximate its Piotroski F score. EverCommerce F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of EverCommerce. 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 EverCommerce financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out EverCommerce Altman Z Score, EverCommerce Correlation, EverCommerce Valuation, as well as analyze EverCommerce Alpha and Beta and EverCommerce Hype Analysis.
To learn how to invest in EverCommerce Stock, please use our How to Invest in EverCommerce guide.
  
At this time, EverCommerce's Long Term Debt To Capitalization is very stable compared to the past year. As of the 14th of June 2024, Total Debt To Capitalization is likely to grow to 0.48, while Short Term Debt is likely to drop about 8.3 M. At this time, EverCommerce's PB Ratio is very stable compared to the past year. As of the 14th of June 2024, Free Cash Flow Per Share is likely to grow to 0.45, while Book Value Per Share is likely to drop 3.02.
At this time, it appears that EverCommerce'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

Negative

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

Decrease

Focus
Current Ratio Change

Increase

Focus
Long Term Debt Over Assets Change

Higher Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

Increase

Focus

EverCommerce Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to EverCommerce is to make sure EverCommerce is not a subject of accounting manipulations and runs a healthy internal audit department. So, if EverCommerce'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 EverCommerce's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.260.4449
Way Down
Slightly volatile
Gross Profit Margin0.70.5037
Significantly Up
Slightly volatile
Net Debt374.6 M459.2 M
Significantly Down
Slightly volatile
Total Current Liabilities101.8 M117.4 M
Fairly Down
Slightly volatile
Non Current Liabilities Total639.2 M574.7 M
Moderately Up
Slightly volatile
Total Assets1.5 B1.5 B
Fairly Up
Slightly volatile
Total Current Assets170.1 M180.1 M
Notably Down
Slightly volatile

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

About EverCommerce 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

3.02

At this time, EverCommerce's Book Value Per Share is very stable compared to the past year.

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

About EverCommerce Fundamental Analysis

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

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as EverCommerce using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

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Additional Information and Resources on Investing in EverCommerce Stock

When determining whether EverCommerce is a strong investment it is important to analyze EverCommerce's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact EverCommerce's future performance. For an informed investment choice regarding EverCommerce Stock, refer to the following important reports:
Check out EverCommerce Altman Z Score, EverCommerce Correlation, EverCommerce Valuation, as well as analyze EverCommerce Alpha and Beta and EverCommerce Hype Analysis.
To learn how to invest in EverCommerce Stock, please use our How to Invest in EverCommerce guide.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
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 EverCommerce. If investors know EverCommerce 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 EverCommerce listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.22)
Revenue Per Share
3.638
Quarterly Revenue Growth
0.056
Return On Assets
0.0081
Return On Equity
(0.05)
The market value of EverCommerce is measured differently than its book value, which is the value of EverCommerce that is recorded on the company's balance sheet. Investors also form their own opinion of EverCommerce's value that differs from its market value or its book value, called intrinsic value, which is EverCommerce'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 EverCommerce's market value can be influenced by many factors that don't directly affect EverCommerce'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 EverCommerce's value and its price as these two are different measures arrived at by different means. Investors typically determine if EverCommerce is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EverCommerce'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.