Rf Industries Stock Piotroski F Score

RFIL Stock  USD 3.10  0.03  0.96%   
This module uses fundamental data of RF Industries to approximate its Piotroski F score. RF Industries F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of RF Industries. 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 RF Industries financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out RF Industries Altman Z Score, RF Industries Correlation, RF Industries Valuation, as well as analyze RF Industries Alpha and Beta and RF Industries Hype Analysis.
For more information on how to buy RFIL Stock please use our How to buy in RFIL Stock guide.
  
At this time, RF Industries' Debt Equity Ratio is quite stable compared to the past year. Debt Ratio is expected to rise to 0.17 this year, although the value of Long Term Debt To Capitalization will most likely fall to 0.11. At this time, RF Industries' Effective Tax Rate is quite stable compared to the past year. Company Equity Multiplier is expected to rise to 2.07 this year, although the value of Price Earnings Ratio is projected to rise to (10.80).
At this time, it appears that RF Industries' 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
Current Return On Assets

Negative

Focus
Change in Return on Assets

Increased

Focus
Cash Flow Return on Assets

Positive

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Increase

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

Higher Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

Increase

Focus

RF Industries Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to RF Industries is to make sure RFIL is not a subject of accounting manipulations and runs a healthy internal audit department. So, if RF Industries' 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 RF Industries' financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.860.74
Fairly Up
Slightly volatile
Gross Profit Margin0.460.31
Way Up
Slightly volatile
Total Current Liabilities15.1 M14.4 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total42.2 M40.2 M
Sufficiently Up
Slightly volatile
Total Assets105.3 M100.3 M
Sufficiently Up
Slightly volatile
Total Current Assets43.5 M41.4 M
Sufficiently Up
Slightly volatile

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

About RF Industries 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.

Price Book Value Ratio

1.67

At this time, RF Industries' Price Book Value Ratio is quite stable compared to the past year.

About RF Industries Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze RF Industries's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of RF Industries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of RF Industries 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.
RF Industries, Ltd., together with its subsidiaries, designs, manufactures, and markets interconnect products and systems in the United States, Canada, Mexico, and internationally. RF Industries, Ltd. was incorporated in 1979 and is headquartered in San Diego, California. RF Industries operates under Electrical Equipment Parts classification in the United States and is traded on NASDAQ Exchange. It employs 300 people.

Currently Active Assets on Macroaxis

When determining whether RF Industries is a strong investment it is important to analyze RF Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact RF Industries' future performance. For an informed investment choice regarding RFIL Stock, refer to the following important reports:
Check out RF Industries Altman Z Score, RF Industries Correlation, RF Industries Valuation, as well as analyze RF Industries Alpha and Beta and RF Industries Hype Analysis.
For more information on how to buy RFIL Stock please use our How to buy in RFIL Stock guide.
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When running RF Industries' price analysis, check to measure RF Industries' 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 RF Industries is operating at the current time. Most of RF Industries' value examination focuses on studying past and present price action to predict the probability of RF Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RF Industries' price. Additionally, you may evaluate how the addition of RF Industries to your portfolios can decrease your overall portfolio volatility.
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Is RF Industries' 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 RF Industries. If investors know RFIL 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 RF Industries 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
0.134
Earnings Share
(0.32)
Revenue Per Share
6.513
Quarterly Revenue Growth
(0.27)
Return On Assets
(0.03)
The market value of RF Industries is measured differently than its book value, which is the value of RFIL that is recorded on the company's balance sheet. Investors also form their own opinion of RF Industries' value that differs from its market value or its book value, called intrinsic value, which is RF Industries' 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 RF Industries' market value can be influenced by many factors that don't directly affect RF Industries' 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 RF Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if RF Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RF Industries' 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.