Joann Piotroski F Score

JOAN -  USA Stock  

USD 9.88  0.84  9.29%

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

Joann Piotroski F Score 

 
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Joann Debt Non Current is quite stable at the moment as compared to the past year. The company's current value of Debt Non Current is estimated at 1.81 Billion. Debt to Equity Ratio is expected to rise to 67.16 this year, although the value of Total Debt will most likely fall to about 2 B.
At this time, it appears that Joann'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..
7.0
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
Increase
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

Joann Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Joann is to make sure Joann is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Joann'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 Joann's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares41.3 M40.1 M
Fairly Up
Increasing
Slightly volatile
Weighted Average Shares Diluted42.1 M41.2 M
Fairly Up
Increasing
Slightly volatile
Net Cash Flow from Operations405.9 M376.2 M
Significantly Up
Increasing
Slightly volatile
Total Assets2.7 B2.7 B
Slightly Up
Increasing
Slightly volatile
Total Liabilities2.6 B2.6 B
Slightly Down
Increasing
Stable
Current Assets602.7 M589.3 M
Fairly Up
Decreasing
Slightly volatile
Current Liabilities658.2 M699.9 M
Notably Down
Increasing
Slightly volatile
Total DebtBB
Slightly Down
Decreasing
Slightly volatile
Return on Average Assets0.10.0989
Fairly Up
Increasing
Slightly volatile
Gross Margin0.450.45
Steady
Decreasing
Slightly volatile
Asset Turnover1.291.28
Slightly Up
Increasing
Slightly volatile

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

About Joann 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

1.55Share
Joann Book Value per Share is quite stable at the moment as compared to the past year. The company's current value of Book Value per Share is estimated at 1.55

About Joann Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Joann Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Joann using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Joann Inc 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.
JOANN Inc. operates as a specialty retailer of sewing, and arts and crafts category products in the United States. The company was formerly known as Jo-Ann Stores Holdings Inc. and changed its name to JOANN Inc. in February 2021. Joann operates under Specialty Retail classification in the United States and is traded on NASDAQ Exchange. It employs 3575 people.

Joann Investors Sentiment

The influence of Joann'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 Joann. 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.

Joann Implied Volatility

    
  75.18  
Joann's implied volatility exposes the market's sentiment of Joann Inc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Joann'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 Joann stock will not fluctuate a lot when Joann'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 Joann 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, Joann's short interest history, or implied volatility extrapolated from Joann options trading.

Current Sentiment - JOAN

Joann Inc Investor Sentiment

Macroaxis portfolio users are indifferent in their judgment towards investing in Joann Inc. What is your judgment towards investing in Joann Inc? Are you bullish or bearish?
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Please see Joann Altman Z Score, Joann Correlation, Joann Valuation, as well as analyze Joann Alpha and Beta and Joann Hype Analysis. Note that the Joann Inc information on this page should be used as a complementary analysis to other Joann'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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Joann Inc price analysis, check to measure Joann'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 Joann is operating at the current time. Most of Joann's value examination focuses on studying past and present price action to predict the probability of Joann's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Joann's price. Additionally, you may evaluate how the addition of Joann to your portfolios can decrease your overall portfolio volatility.
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Is Joann'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 Joann. If investors know Joann 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 Joann 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 Joann Inc is measured differently than its book value, which is the value of Joann that is recorded on the company's balance sheet. Investors also form their own opinion of Joann's value that differs from its market value or its book value, called intrinsic value, which is Joann'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 Joann's market value can be influenced by many factors that don't directly affect Joann'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 Joann's value and its price as these two are different measures arrived at by different means. Investors typically determine Joann value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Joann'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.