Streamline Health Solutions Stock Piotroski F Score

STRM Stock  USD 0.36  0.03  9.09%   
This module uses fundamental data of Streamline Health to approximate its Piotroski F score. Streamline Health F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Streamline Health Solutions. 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 Streamline Health financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Streamline Health Altman Z Score, Streamline Health Correlation, Streamline Health Valuation, as well as analyze Streamline Health Alpha and Beta and Streamline Health Hype Analysis.
  
At this time, Streamline Health's Total Debt To Capitalization is very stable compared to the past year. As of the 19th of April 2024, Debt Ratio is likely to grow to 0.21, while Long Term Debt Total is likely to drop about 5.4 M. At this time, Streamline Health's Current Ratio is very stable compared to the past year. As of the 19th of April 2024, Receivables Turnover is likely to grow to 3.35, while PTB Ratio is likely to drop 3.28.
At this time, it appears that Streamline Health's Piotroski F Score is Poor. 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..
4.0
Piotroski F Score - Poor
Current Return On Assets

Negative

Focus
Change in Return on Assets

Increased

Focus
Cash Flow Return on Assets

Negative

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Increase

Focus
Current Ratio Change

Increase

Focus
Long Term Debt Over Assets Change

Higher Leverage

Focus
Change In Outstending Shares

Increase

Focus
Change in Gross Margin

No Change

Focus

Streamline Health Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Streamline Health is to make sure Streamline is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Streamline Health'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 Streamline Health's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.80.47
Way Up
Slightly volatile
Gross Profit Margin0.40.42
Sufficiently Down
Pretty Stable
Total Current Liabilities10 M19.3 M
Way Down
Slightly volatile
Total Assets74.3 M70.7 M
Sufficiently Up
Slightly volatile
Total Current Assets12.8 M18.4 M
Way Down
Very volatile

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

About Streamline Health 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

1.08

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

Streamline Health Current Valuation Drivers

We derive many important indicators used in calculating different scores of Streamline Health from analyzing Streamline Health's financial statements. These drivers represent accounts that assess Streamline Health's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Streamline Health's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap25.0M60.9M58.7M106.5M95.9M100.7M
Enterprise Value27.2M61.2M58.9M109.7M98.7M103.7M

About Streamline Health Fundamental Analysis

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

When determining whether Streamline Health is a strong investment it is important to analyze Streamline Health's 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 Streamline Health's future performance. For an informed investment choice regarding Streamline Stock, refer to the following important reports:

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Is Streamline Health'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 Streamline Health. If investors know Streamline 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 Streamline Health 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
12.131
Earnings Share
(0.35)
Revenue Per Share
0.428
Quarterly Revenue Growth
(0.01)
Return On Assets
(0.11)
The market value of Streamline Health is measured differently than its book value, which is the value of Streamline that is recorded on the company's balance sheet. Investors also form their own opinion of Streamline Health's value that differs from its market value or its book value, called intrinsic value, which is Streamline Health'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 Streamline Health's market value can be influenced by many factors that don't directly affect Streamline Health'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 Streamline Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Streamline Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Streamline Health'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.