Clarus Piotroski F Score

CLAR -  USA Stock  

USD 21.12  0.68  3.12%

This module uses fundamental data of Clarus Corp to approximate its Piotroski F score. Clarus Corp F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Clarus Corp. 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 Clarus Corp financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Continue to Clarus Corp Altman Z Score, Clarus Corp Correlation, Clarus Corp Valuation, as well as analyze Clarus Corp Alpha and Beta and Clarus Corp Hype Analysis.

Clarus Piotroski F Score 

 
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Clarus Corp Debt Current is relatively stable at the moment as compared to the past year. Clarus Corp reported last year Debt Current of 4.6 Million. As of 01/27/2022, Issuance Repayment of Debt Securities is likely to grow to about 14.9 M, while Total Debt is likely to drop slightly above 28.1 M. Clarus Corp Cash Flow Per Share is relatively stable at the moment as compared to the past year. Clarus Corp reported last year Cash Flow Per Share of 0.85. As of 01/27/2022, Total Assets Per Share is likely to grow to 10.44, while Revenue to Assets are likely to drop 0.68.
At this time, it appears that Clarus Corp'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..
6.0
Piotroski F Score - Healthy
1
Current Return On Assets
Positive
2
Change in Return on Assets
Increased
3
Cash Flow Return on Assets
Positive
4
Current Quality of Earnings (accrual)
Improving
5
Asset Turnover Growth
Decrease
6
Current Ratio Change
Increase
7
Long Term Debt Over Assets Change
Lower Leverage
8
Change In Outstending Shares
Increase
9
Change in Gross Margin
No Change

Clarus Corp Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Clarus Corp is to make sure Clarus is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Clarus Corp'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 Clarus Corp's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares35.6 M34.7 M
Fairly Up
Increasing
Slightly volatile
Weighted Average Shares Diluted36.4 M35.9 M
Fairly Up
Increasing
Slightly volatile
Net Cash Flow from Operations36.5 M33.8 M
Significantly Up
Increasing
Slightly volatile
Total Assets240.5 M252.6 M
Notably Down
Decreasing
Stable
Total Liabilities60.4 M68.5 M
Fairly Down
Increasing
Very volatile
Current Assets159.3 M163.4 M
Fairly Down
Increasing
Slightly volatile
Current Liabilities39.8 M45.6 M
Fairly Down
Increasing
Slightly volatile
Total Debt28.1 M31.2 M
Moderately Down
Decreasing
Slightly volatile
Return on Average Assets0.02730.0253
Significantly Up
Increasing
Stable
Gross Margin0.310.31
Steady
Decreasing
Slightly volatile
Asset Turnover0.951.02
Significantly Down
Increasing
Slightly volatile

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

About Clarus Corp 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

6.0Share
Clarus Corp Book Value per Share is relatively stable at the moment as compared to the past year. Clarus Corp reported last year Book Value per Share of 6.10

Clarus Corp Current Valuation Drivers

We derive many important indicators used in calculating different scores of Clarus Corp from analyzing Clarus Corp's financial statements. These drivers represent accounts that assess Clarus Corp's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Clarus Corp's important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee(1.35 K)14.6 K37.94 K9.22 K10.6 K11.44 K
Revenue Per Employee341.37 K424.28 K458.87 K372.32 K335.09 K313.19 K
Average Assets199.43 M208.93 M221.02 M253.59 M228.24 M226.66 M
Earnings Before Interest Taxes and Depreciation Amortization EBITDA787 K12.23 M16.62 M10.54 M12.13 M13.08 M
Earnings Before Interest Taxes and Depreciation Amortization USD787 K12.23 M16.62 M10.54 M12.13 M13.08 M
Earnings before Tax(5.76 M)6.47 M9.98 M3.58 M4.12 M4.45 M
Average Equity158.52 M164.69 M171.88 M190.24 M171.21 M173.2 M
Enterprise Value262.06 M322.48 M427.54 M502.41 M577.77 M476.12 M
Free Cash Flow(11.71 M)8.03 M5.43 M24.31 M27.95 M30.16 M
Invested Capital123.83 M131.85 M151.13 M164.25 M147.82 M139.65 M
Invested Capital Average97.36 M123.04 M137.36 M162.82 M146.54 M137.01 M
Market Capitalization236.38 M302.79 M404.48 M478.37 M550.13 M455.63 M
Tangible Asset Value124.62 M133.93 M154.73 M187.04 M168.33 M160.72 M
Working Capital79.66 M86.76 M96.31 M102.5 M117.88 M119.48 M

About Clarus Corp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Clarus Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Clarus Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Clarus Corp 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.
Clarus Corporation focuses on the outdoor and consumer industries in the United States, Canada, Europe, the Middle East, Asia, Australia, New Zealand, Africa, and South America. Clarus Corporation was incorporated in 1991 and is headquartered in Salt Lake City, Utah. Clarus Corp operates under Leisure classification in the United States and is traded on NASDAQ Exchange. It employs 600 people.

Clarus Corp Investors Sentiment

The influence of Clarus Corp's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Clarus. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Clarus Corp Implied Volatility

    
  56.77  
Clarus Corp's implied volatility exposes the market's sentiment of Clarus Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Clarus Corp's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Clarus Corp stock will not fluctuate a lot when Clarus Corp's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Clarus Corp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Clarus Corp's short interest history, or implied volatility extrapolated from Clarus Corp options trading.

Current Sentiment - CLAR

Clarus Corp Investor Sentiment

Most of Macroaxis users are currently bullish on Clarus Corp. What is your opinion about investing in Clarus Corp? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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Continue to Clarus Corp Altman Z Score, Clarus Corp Correlation, Clarus Corp Valuation, as well as analyze Clarus Corp Alpha and Beta and Clarus Corp Hype Analysis. Note that the Clarus Corp information on this page should be used as a complementary analysis to other Clarus Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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Is Clarus Corp'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 Clarus Corp. If investors know Clarus 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 Clarus Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Clarus Corp is measured differently than its book value, which is the value of Clarus that is recorded on the company's balance sheet. Investors also form their own opinion of Clarus Corp's value that differs from its market value or its book value, called intrinsic value, which is Clarus Corp'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 Clarus Corp's market value can be influenced by many factors that don't directly affect Clarus Corp'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 Clarus Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Clarus Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clarus Corp'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.