Channeladvisor Piotroski F Score

ECOM -  USA Stock  

USD 26.80  0.07  0.26%

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

Channeladvisor Piotroski F Score 

 
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Channeladvisor Corp Debt Current is relatively stable at the moment as compared to the past year. The company's current value of Debt Current is estimated at 3.32 Million. Long Term Debt to Equity is expected to hike to 0.000063 this year, although the value of Debt Non Current will most likely fall to nearly 4.7 M. Channeladvisor Corp Cash and Equivalents Turnover is relatively stable at the moment as compared to the past year. The company's current value of Cash and Equivalents Turnover is estimated at 2.64. Return on Investment is expected to hike to 17.92 this year, although the value of Accrued Expenses Turnover will most likely fall to 11.80.
At this time, it appears that Channeladvisor Corp's Piotroski F Score is Strong. 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..
8.0
Piotroski F Score - Strong
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
Decrease
9
Change in Gross Margin
Increase

Channeladvisor Corp Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Channeladvisor Corp is to make sure Channeladvisor is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Channeladvisor 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 Channeladvisor Corp's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares25.7 M28.6 M
Moderately Down
Increasing
Slightly volatile
Weighted Average Shares Diluted26.6 M30 M
Fairly Down
Increasing
Slightly volatile
Net Cash Flow from Operations37 M34.3 M
Significantly Up
Increasing
Slightly volatile
Total Assets166.4 M180.7 M
Significantly Down
Increasing
Slightly volatile
Total Liabilities50.7 M50.6 M
Slightly Up
Increasing
Slightly volatile
Current Assets104.5 M110.1 M
Notably Down
Increasing
Slightly volatile
Current Liabilities42.3 M43 M
Fairly Down
Increasing
Slightly volatile
Total Debt4.6 M5.4 M
Fairly Down
Decreasing
Very volatile
Return on Average Assets0.120.114
Sufficiently Up
Increasing
Slightly volatile
Gross Margin0.840.791
Notably Up
Increasing
Slightly volatile
Asset Turnover0.830.88
Notably Down
Decreasing
Slightly volatile

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

About Channeladvisor 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

4.9Share
Channeladvisor Corp Book Value per Share is relatively stable at the moment as compared to the past year. The company's current value of Book Value per Share is estimated at 4.90

Channeladvisor Corp Current Valuation Drivers

We derive many important indicators used in calculating different scores of Channeladvisor Corp from analyzing Channeladvisor Corp's financial statements. These drivers represent accounts that assess Channeladvisor Corp's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Channeladvisor Corp's important valuation drivers and their relationship over time.
201620172018201920202021 (projected)
Net Income Per Employee(11.46 K)(22.46 K)(10.41 K)5.42 K25.89 K27.94 K
Revenue Per Employee161.97 K166.26 K179.75 K202.43 K199.55 K172.39 K
Average Assets129.88 M134.63 M138.05 M145.36 M164.88 M158.2 M
Earnings Before Interest Taxes and Depreciation Amortization EBITDA(5.83 M)(9.92 M)(1.4 M)9.75 M25.61 M27.63 M
Earnings Before Interest Taxes and Depreciation Amortization USD(5.83 M)(9.92 M)(1.4 M)9.75 M25.61 M27.63 M
Earnings before Tax(13.66 M)(16.27 M)(6.99 M)4.17 M19.27 M20.79 M
Average Equity81.59 M80.23 M87.54 M92.67 M117.05 M99.6 M
Enterprise Value306.79 M185.85 M262.51 M216.02 M403.51 M367.56 M
Free Cash Flow9.61 M(6.08 M)(1.71 M)9.3 M29.57 M31.9 M
Invested Capital7.01 M10.27 M24.38 M43.69 M36.35 M39.22 M
Invested Capital Average3.73 M6.37 M19 M42.76 M38.09 M41.1 M
Market Capitalization370.01 M239.13 M309.99 M253.65 M463.42 M424.23 M
Tangible Asset Value114.87 M114.52 M108.89 M122.1 M145.52 M134.12 M
Working Capital52.14 M45.86 M41.14 M47.95 M67.11 M62.15 M

About Channeladvisor Corp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Channeladvisor Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Channeladvisor Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Channeladvisor 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.
ChannelAdvisor Corporation, together with its subsidiaries, provides software-as-a-service solutions in the United States and internationally. ChannelAdvisor Corporation was incorporated in 2001 and is headquartered in Morrisville, North Carolina. Channeladvisor Corp operates under SoftwareApplication classification in the United States and is traded on New York Stock Exchange. It employs 725 people.

Channeladvisor Corp Investors Sentiment

The influence of Channeladvisor 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 Channeladvisor. 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.

Current Sentiment - ECOM

Channeladvisor Corp Investor Sentiment

Most of Macroaxis users are currently bullish on Channeladvisor Corp. What is your opinion about investing in Channeladvisor Corp? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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Pair Trading with Channeladvisor Corp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Channeladvisor Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Channeladvisor Corp will appreciate offsetting losses from the drop in the long position's value.

Channeladvisor Corp Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Channeladvisor Corp and Hubspot. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
Run Pair Correlation  
Continue to Channeladvisor Corp Altman Z Score, Channeladvisor Corp Correlation, Channeladvisor Corp Valuation, as well as analyze Channeladvisor Corp Alpha and Beta and Channeladvisor Corp Hype Analysis. Note that the Channeladvisor Corp information on this page should be used as a complementary analysis to other Channeladvisor 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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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