South State Corp Stock Piotroski F Score
| SSB Stock | USD 79.84 0.59 0.74% |
South | Piotroski F Score |
At this time, it appears that South State'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 | Positive |
| Change in Return on Assets | Decreased |
| Cash Flow Return on Assets | Positive |
| Current Quality of Earnings (accrual) | Improving |
| Asset Turnover Growth | Increase |
| Current Ratio Change | Increase |
| Long Term Debt Over Assets Change | Higher Leverage |
| Change In Outstending Shares | Increase |
| Change in Gross Margin | No Change |
South State Piotroski F Score Drivers
The critical factor to consider when applying the Piotroski F Score to South State is to make sure South is not a subject of accounting manipulations and runs a healthy internal audit department. So, if South State'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 South State's financial numbers are properly reported.
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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| Return On Assets | 0.0106 | 0.011 |
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| Asset Turnover | 0.0501 | 0.0379 |
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| Gross Profit Margin | 0.91 | 1.03 |
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| Total Current Liabilities | 95 M | 100 M |
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| Non Current Liabilities Total | 362.5 M | 381.6 M |
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| Total Assets | 47.1 B | 44.9 B |
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| Total Current Assets | 3.9 B | 5.3 B |
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| Total Cash From Operating Activities | 574.1 M | 546.8 M |
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South State Corp 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 South State's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards South State in a much-optimized way.
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About South State 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.Common Stock Shares Outstanding |
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About South State Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze South State Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of South State using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of South State Corp 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.
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 South State 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, South State's short interest history, or implied volatility extrapolated from South State options trading.
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When determining whether South State Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of South State'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 South State Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on South State Corp Stock:Check out South State Altman Z Score, South State Correlation, South State Valuation, as well as analyze South State Alpha and Beta and South State Hype Analysis. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Complementary Tools for South Stock analysis
When running South State's price analysis, check to measure South State'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 South State is operating at the current time. Most of South State's value examination focuses on studying past and present price action to predict the probability of South State's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move South State's price. Additionally, you may evaluate how the addition of South State to your portfolios can decrease your overall portfolio volatility.
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Is South State'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 South State. If investors know South 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 South State 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 (0.26) | Dividend Share 2.04 | Earnings Share 6.46 | Revenue Per Share 21.373 | Quarterly Revenue Growth 0.003 |
The market value of South State Corp is measured differently than its book value, which is the value of South that is recorded on the company's balance sheet. Investors also form their own opinion of South State's value that differs from its market value or its book value, called intrinsic value, which is South State'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 South State's market value can be influenced by many factors that don't directly affect South State'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 South State's value and its price as these two are different measures arrived at by different means. Investors typically determine if South State is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, South State'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.