Globalstar Stock Piotroski F Score
| GSAT Stock | USD 1.58 0.05 3.27% |
Globalstar | Piotroski F Score |
At this time, it appears that Globalstar'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
1 | Current Return On Assets | Negative | Focus |
2 | Change in Return on Assets | Decreased | Focus |
3 | Cash Flow Return on Assets | Positive | Focus |
4 | Current Quality of Earnings (accrual) | Improving | Focus |
5 | Asset Turnover Growth | Decrease | Focus |
6 | Current Ratio Change | Increase | Focus |
7 | Long Term Debt Over Assets Change | Higher Leverage | Focus |
8 | Change In Outstending Shares | Decrease | Focus |
9 | Change in Gross Margin | Increase | Focus |
Globalstar Piotroski F Score Drivers
The critical factor to consider when applying the Piotroski F Score to Globalstar is to make sure Globalstar is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Globalstar'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 Globalstar's financial numbers are properly reported.
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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| Weighted Average Shares Diluted | 1.7 B | 1.8 B |
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| Weighted Average Shares | 1.6 B | 1.8 B |
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| Return on Average Assets | (0.32) | (0.315) |
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| Net Cash Flow from Operations | 68.8 M | 63.8 M |
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| Current Liabilities | 180.9 M | 197.1 M |
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| Total Liabilities | 555.4 M | 423.7 M |
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| Gross Margin | 0.6 | 0.562 |
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| Total Debt | 327.9 M | 219.3 M |
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| Asset Turnover | 0.16 | 0.181 |
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| Current Assets | 77.1 M | 81.2 M |
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| Total Assets | 845.5 M | 738.5 M |
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Globalstar 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 Globalstar's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Globalstar in a much-optimized way.
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About Globalstar 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 |
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Globalstar Current Valuation Drivers
We derive many important indicators used in calculating different scores of Globalstar from analyzing Globalstar's financial statements. These drivers represent accounts that assess Globalstar's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Globalstar's important valuation drivers and their relationship over time.
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 (projected) | ||
| Net Income Per Employee | (18.5K) | 45.6K | (316.0K) | (342.3K) | (773.8K) | (834.9K) | |
| Revenue Per Employee | 368.6K | 392.0K | 370.3K | 377.8K | 447.3K | 374.2K | |
| Average Assets | 1.1B | 1.0B | 915.3M | 871.8M | 819.9M | 903.1M | |
| Earnings Before Interest Taxes and Depreciation Amortization EBITDA | 127.7M | 174.1M | 36.3M | 26.8M | (134.1M) | (137.7M) | |
| Earnings Before Interest Taxes and Depreciation Amortization USD | 127.7M | 174.1M | 36.3M | 26.8M | (134.1M) | (137.7M) | |
| Earnings before Tax | (6.4M) | 15.9M | (109.0M) | (112.9M) | (258.2M) | (278.6M) | |
| Average Equity | 379.1M | 400.4M | 458.8M | 399.6M | 282.2M | 320.7M | |
| Enterprise Value | 1.2B | 1.2B | 880.6M | 2.3B | 2.7B | 2.3B | |
| Free Cash Flow | (8.5M) | (4.9M) | 9.7M | 88.5M | 24.5M | 26.4M | |
| Invested Capital | 1.2B | 1.3B | 1.1B | 964.4M | 690.2M | 921.8M | |
| Invested Capital Average | 1.3B | 1.3B | 1.1B | 1.0B | 925.1M | 1.1B | |
| Market Capitalization | 809.9M | 753.0M | 565.6M | 2.1B | 2.4B | 1.9B | |
| Tangible Asset Value | 1.0B | 929.9M | 849.9M | 773.1M | 700.0M | 815.0M | |
| Working Capital | (37.2M) | 200K | (45.7M) | 7.3M | (115.8M) | (125.0M) |
About Globalstar Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Globalstar's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Globalstar using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Globalstar 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.Globalstar, Inc. provides mobile satellite services worldwide. The company was founded in 1993 and is headquartered in Covington, Louisiana. Globalstar operates under Telecom Services classification in the United States and is traded on AMEX Exchange. It employs 329 people.
Globalstar Investors Sentiment
The influence of Globalstar'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 Globalstar. 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 market does not have solid backing from leading economists and market statisticians.
Investor biases related to Globalstar's public news can be used to forecast risks associated with an investment in Globalstar. The trend in average sentiment can be used to explain how an investor holding Globalstar can time the market purely based on public headlines and social activities around Globalstar. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Globalstar's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Globalstar's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Globalstar's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Globalstar.
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 Globalstar 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, Globalstar's short interest history, or implied volatility extrapolated from Globalstar options trading.
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Globalstar 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.Build Optimal Portfolios
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Check out Globalstar Altman Z Score, Globalstar Correlation, Globalstar Valuation, as well as analyze Globalstar Alpha and Beta and Globalstar Hype Analysis. For more information on how to buy Globalstar Stock please use our How to Invest in Globalstar guide.Note that the Globalstar information on this page should be used as a complementary analysis to other Globalstar'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 the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Complementary Tools for Globalstar Stock analysis
When running Globalstar's price analysis, check to measure Globalstar'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 Globalstar is operating at the current time. Most of Globalstar's value examination focuses on studying past and present price action to predict the probability of Globalstar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Globalstar's price. Additionally, you may evaluate how the addition of Globalstar to your portfolios can decrease your overall portfolio volatility.
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Is Globalstar'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 Globalstar. If investors know Globalstar 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 Globalstar listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.01) | Revenue Per Share 0.117 | Quarterly Revenue Growth 0.533 | Return On Assets 0.0008 | Return On Equity (0.06) |
The market value of Globalstar is measured differently than its book value, which is the value of Globalstar that is recorded on the company's balance sheet. Investors also form their own opinion of Globalstar's value that differs from its market value or its book value, called intrinsic value, which is Globalstar'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 Globalstar's market value can be influenced by many factors that don't directly affect Globalstar'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 Globalstar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Globalstar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Globalstar'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.