Toughbuilt Industries Stock Piotroski F Score
| TBLT Stock | USD 2.75 0.51 22.77% |
Toughbuilt | Piotroski F Score |
At this time, it appears that Toughbuilt Industries' Piotroski F Score is Frail. 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..
2.0
Piotroski F Score - Frail
| 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 | Decrease |
| Current Ratio Change | Decrease |
| Long Term Debt Over Assets Change | N/A |
| Change In Outstending Shares | Increase |
| Change in Gross Margin | No Change |
Toughbuilt Industries Piotroski F Score Drivers
The critical factor to consider when applying the Piotroski F Score to Toughbuilt Industries is to make sure Toughbuilt is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Toughbuilt 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 Toughbuilt Industries' financial numbers are properly reported.
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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| Asset Turnover | 1.24 | 1.31 |
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| Gross Profit Margin | 0.21 | 0.24 |
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| Total Current Liabilities | 61.3 M | 58.3 M |
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| Total Assets | 101.3 M | 96.5 M |
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| Total Current Assets | 72.6 M | 69.1 M |
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Toughbuilt 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 Toughbuilt Industries' different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Toughbuilt Industries in a much-optimized way.
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About Toughbuilt 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.Book Value Per Share |
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About Toughbuilt Industries Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Toughbuilt Industries's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Toughbuilt Industries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Toughbuilt 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.
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When determining whether Toughbuilt Industries is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Toughbuilt Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Toughbuilt Industries Stock. Highlighted below are key reports to facilitate an investment decision about Toughbuilt Industries Stock:Check out Toughbuilt Industries Altman Z Score, Toughbuilt Industries Correlation, Toughbuilt Industries Valuation, as well as analyze Toughbuilt Industries Alpha and Beta and Toughbuilt Industries Hype Analysis. For more information on how to buy Toughbuilt Stock please use our How to Invest in Toughbuilt Industries guide.You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
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When running Toughbuilt Industries' price analysis, check to measure Toughbuilt 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 Toughbuilt Industries is operating at the current time. Most of Toughbuilt Industries' value examination focuses on studying past and present price action to predict the probability of Toughbuilt Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Toughbuilt Industries' price. Additionally, you may evaluate how the addition of Toughbuilt Industries to your portfolios can decrease your overall portfolio volatility.
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Is Toughbuilt 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 Toughbuilt Industries. If investors know Toughbuilt 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 Toughbuilt Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (197.60) | Revenue Per Share 309.748 | Quarterly Revenue Growth (0.32) | Return On Assets (0.42) | Return On Equity (1.77) |
The market value of Toughbuilt Industries is measured differently than its book value, which is the value of Toughbuilt that is recorded on the company's balance sheet. Investors also form their own opinion of Toughbuilt Industries' value that differs from its market value or its book value, called intrinsic value, which is Toughbuilt 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 Toughbuilt Industries' market value can be influenced by many factors that don't directly affect Toughbuilt 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 Toughbuilt Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Toughbuilt Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Toughbuilt 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.