Netscout Systems Stock Piotroski F Score

NTCT Stock  USD 19.97  0.03  0.15%   
This module uses fundamental data of NetScout Systems to approximate its Piotroski F score. NetScout Systems F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of NetScout Systems. 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 NetScout Systems financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out NetScout Systems Altman Z Score, NetScout Systems Correlation, NetScout Systems Valuation, as well as analyze NetScout Systems Alpha and Beta and NetScout Systems Hype Analysis.
For more information on how to buy NetScout Stock please use our How to Invest in NetScout Systems guide.
  
At this time, NetScout Systems' Short and Long Term Debt Total is comparatively stable compared to the past year. Debt To Assets is likely to gain to 0.09 in 2024, whereas Long Term Debt is likely to drop slightly above 109.2 M in 2024. At this time, NetScout Systems' POCF Ratio is comparatively stable compared to the past year. PFCF Ratio is likely to gain to 23.88 in 2024, whereas Invested Capital is likely to drop 0.07 in 2024.
At this time, it appears that NetScout Systems' Piotroski F Score is Unavailable. 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 - Unavailable
Current Return On Assets

Positive

Focus
Change in Return on Assets

Increased

Focus
Cash Flow Return on Assets

Positive

Focus
Current Quality of Earnings (accrual)

Decreasing

Focus
Asset Turnover Growth

Increase

Focus
Current Ratio Change

Increase

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

No Change

Focus

NetScout Systems Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to NetScout Systems is to make sure NetScout is not a subject of accounting manipulations and runs a healthy internal audit department. So, if NetScout Systems' 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 NetScout Systems' financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.590.37
Way Up
Slightly volatile
Gross Profit Margin0.830.87
Sufficiently Down
Pretty Stable
Total Current Liabilities547.7 M521.6 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total308.4 M387.9 M
Significantly Down
Slightly volatile
Total Assets3.4 B3.2 B
Sufficiently Up
Slightly volatile
Total Current Assets388 M710 M
Way Down
Slightly volatile
Total Cash From Operating Activities100.1 M180.1 M
Way Down
Slightly volatile

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

About NetScout Systems 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

26.72

At this time, NetScout Systems' Book Value Per Share is comparatively stable compared to the past year.

About NetScout Systems Fundamental Analysis

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

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When determining whether NetScout Systems is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if NetScout Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Netscout Systems Stock. Highlighted below are key reports to facilitate an investment decision about Netscout Systems Stock:
Check out NetScout Systems Altman Z Score, NetScout Systems Correlation, NetScout Systems Valuation, as well as analyze NetScout Systems Alpha and Beta and NetScout Systems Hype Analysis.
For more information on how to buy NetScout Stock please use our How to Invest in NetScout Systems guide.
Note that the NetScout Systems information on this page should be used as a complementary analysis to other NetScout Systems' 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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Complementary Tools for NetScout Stock analysis

When running NetScout Systems' price analysis, check to measure NetScout Systems' 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 NetScout Systems is operating at the current time. Most of NetScout Systems' value examination focuses on studying past and present price action to predict the probability of NetScout Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NetScout Systems' price. Additionally, you may evaluate how the addition of NetScout Systems to your portfolios can decrease your overall portfolio volatility.
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Is NetScout Systems' 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 NetScout Systems. If investors know NetScout 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 NetScout Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.208
Earnings Share
(1.65)
Revenue Per Share
11.674
Quarterly Revenue Growth
(0.19)
Return On Assets
0.012
The market value of NetScout Systems is measured differently than its book value, which is the value of NetScout that is recorded on the company's balance sheet. Investors also form their own opinion of NetScout Systems' value that differs from its market value or its book value, called intrinsic value, which is NetScout Systems' 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 NetScout Systems' market value can be influenced by many factors that don't directly affect NetScout Systems' 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 NetScout Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if NetScout Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NetScout Systems' 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.