Snap One Holdings Stock Piotroski F Score

SNPO Stock  USD 10.75  0.01  0.09%   
This module uses fundamental data of Snap One to approximate its Piotroski F score. Snap One F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Snap One Holdings. 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 Snap One financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Snap One Altman Z Score, Snap One Correlation, Snap One Valuation, as well as analyze Snap One Alpha and Beta and Snap One Hype Analysis.
  
At this time, Snap One's Total Debt To Capitalization is very stable compared to the past year. As of the 17th of June 2024, Debt Equity Ratio is likely to grow to 0.90, while Short and Long Term Debt Total is likely to drop about 463.9 M. At this time, Snap One's Days Payables Outstanding is very stable compared to the past year. As of the 17th of June 2024, Income Quality is likely to grow to 0.88, while Price To Sales Ratio is likely to drop 1.36.
At this time, it appears that Snap One'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
Current Return On Assets

Negative

Focus
Change in Return on Assets

Decreased

Focus
Cash Flow Return on Assets

Positive

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Decrease

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

Increase

Focus

Snap One Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Snap One is to make sure Snap is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Snap One'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 Snap One's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.470.6544
Way Down
Slightly volatile
Gross Profit Margin0.440.4048
Significantly Up
Slightly volatile
Net Debt426.5 M502 M
Fairly Down
Slightly volatile
Total Current Liabilities174.1 M166.4 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total558.2 M676.7 M
Significantly Down
Slightly volatile
Total Assets1.7 B1.6 B
Notably Up
Slightly volatile
Total Current Assets373.9 M399.4 M
Notably Down
Slightly volatile

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

About Snap One 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

7.66

At this time, Snap One's Book Value Per Share is very stable compared to the past year.

Snap One ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Snap One's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Snap One's managers, analysts, and investors.
Environmental
Governance
Social

About Snap One Fundamental Analysis

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

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

Additional Information and Resources on Investing in Snap Stock

When determining whether Snap One Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Snap One's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Snap One Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Snap One Holdings Stock:
Check out Snap One Altman Z Score, Snap One Correlation, Snap One Valuation, as well as analyze Snap One Alpha and Beta and Snap One Hype Analysis.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Electronic Equipment, Instruments & Components space 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 Snap One. If investors know Snap 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 Snap One listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.39)
Revenue Per Share
13.852
Quarterly Revenue Growth
(0.02)
Return On Assets
0.0134
Return On Equity
(0.04)
The market value of Snap One Holdings is measured differently than its book value, which is the value of Snap that is recorded on the company's balance sheet. Investors also form their own opinion of Snap One's value that differs from its market value or its book value, called intrinsic value, which is Snap One'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 Snap One's market value can be influenced by many factors that don't directly affect Snap One'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 Snap One's value and its price as these two are different measures arrived at by different means. Investors typically determine if Snap One is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Snap One'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.