Spire Global Stock Piotroski F Score
| SPIR Stock | USD 10.17 0.74 6.78% |
Spire | Piotroski F Score |
At this time, it appears that Spire Global'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 |
| Change in Return on Assets | Decreased |
| Cash Flow Return on Assets | Negative |
| Current Quality of Earnings (accrual) | Improving |
| Asset Turnover Growth | Increase |
| Current Ratio Change | Increase |
| Long Term Debt Over Assets Change | Lower Leverage |
| Change In Outstending Shares | Decrease |
| Change in Gross Margin | No Change |
Spire Global Piotroski F Score Drivers
The critical factor to consider when applying the Piotroski F Score to Spire Global is to make sure Spire is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Spire Global'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 Spire Global's financial numbers are properly reported.
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.42 | 0.3997 |
|
| |||||
| Gross Profit Margin | 0.4 | 0.5986 |
|
| |||||
| Total Current Liabilities | 27.7 M | 41.5 M |
|
| |||||
| Non Current Liabilities Total | 104.1 M | 152.4 M |
|
| |||||
| Total Assets | 198.5 M | 264.4 M |
|
| |||||
| Total Current Assets | 76.8 M | 68.8 M |
|
|
Spire Global 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 Spire Global's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Spire Global in a much-optimized way.
Click cells to compare fundamentals
About Spire Global 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 |
|
About Spire Global Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Spire Global's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Spire Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Spire Global 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.
Currently Active Assets on Macroaxis
| LTC | Litecoin | |
| STETH | Staked Ether | |
| LINK | Chainlink | |
| XLM | Stellar | |
| CRO | Cronos |
Check out Spire Global Altman Z Score, Spire Global Correlation, Spire Global Valuation, as well as analyze Spire Global Alpha and Beta and Spire Global Hype Analysis. To learn how to invest in Spire Stock, please use our How to Invest in Spire Global guide.You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Complementary Tools for Spire Stock analysis
When running Spire Global's price analysis, check to measure Spire Global'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 Spire Global is operating at the current time. Most of Spire Global's value examination focuses on studying past and present price action to predict the probability of Spire Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spire Global's price. Additionally, you may evaluate how the addition of Spire Global to your portfolios can decrease your overall portfolio volatility.
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Positions Ratings 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 | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Money Managers Screen money managers from public funds and ETFs managed around the world |
Is Spire Global'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 Spire Global. If investors know Spire 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 Spire Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.27) | Revenue Per Share 5.399 | Quarterly Revenue Growth 0.239 | Return On Assets (0.11) | Return On Equity (0.71) |
The market value of Spire Global is measured differently than its book value, which is the value of Spire that is recorded on the company's balance sheet. Investors also form their own opinion of Spire Global's value that differs from its market value or its book value, called intrinsic value, which is Spire Global'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 Spire Global's market value can be influenced by many factors that don't directly affect Spire Global'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 Spire Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Spire Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Spire Global'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.