Unity Software Stock Piotroski F Score

U Stock  USD 25.31  0.74  2.84%   
This module uses fundamental data of Unity Software to approximate its Piotroski F score. Unity Software F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Unity Software. 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 Unity Software financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Unity Software Altman Z Score, Unity Software Correlation, Unity Software Valuation, as well as analyze Unity Software Alpha and Beta and Unity Software Hype Analysis.
For more information on how to buy Unity Stock please use our How to Invest in Unity Software guide.
  
At this time, Unity Software's Net Debt is comparatively stable compared to the past year. Long Term Debt Total is likely to gain to about 3.3 B in 2024, whereas Short and Long Term Debt Total is likely to drop slightly above 2 B in 2024. At this time, Unity Software's POCF Ratio is comparatively stable compared to the past year. PFCF Ratio is likely to gain to 91.37 in 2024, whereas Book Value Per Share is likely to drop 5.78 in 2024.
At this time, it appears that Unity Software'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..
6.0
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

Increase

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

Unity Software Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Unity Software is to make sure Unity is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Unity Software'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 Unity Software's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.430.302
Significantly Up
Slightly volatile
Gross Profit Margin0.810.6646
Fairly Up
Slightly volatile
Total Current Liabilities664.3 M894.1 M
Way Down
Slightly volatile
Non Current Liabilities Total1.5 B2.9 B
Way Down
Slightly volatile
Total Assets4.4 B7.2 B
Way Down
Slightly volatile
Total Current Assets1.8 B2.3 B
Way Down
Slightly volatile

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

About Unity Software 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.

Free Cash Flow

187.72 Million

At this time, Unity Software's Free Cash Flow is comparatively stable compared to the past year.

About Unity Software Fundamental Analysis

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

Unity Software Investors Sentiment

The influence of Unity Software's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Unity. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Unity Software's public news can be used to forecast risks associated with an investment in Unity. The trend in average sentiment can be used to explain how an investor holding Unity can time the market purely based on public headlines and social activities around Unity Software. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Unity Software's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Unity Software's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Unity Software's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Unity Software.

Unity Software Implied Volatility

    
  57.75  
Unity Software's implied volatility exposes the market's sentiment of Unity Software stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Unity Software's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Unity Software stock will not fluctuate a lot when Unity Software's options are near their expiration.
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 Unity Software 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, Unity Software's short interest history, or implied volatility extrapolated from Unity Software options trading.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Unity Software 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 Unity 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 Unity Software Stock. Highlighted below are key reports to facilitate an investment decision about Unity Software Stock:
Check out Unity Software Altman Z Score, Unity Software Correlation, Unity Software Valuation, as well as analyze Unity Software Alpha and Beta and Unity Software Hype Analysis.
For more information on how to buy Unity Stock please use our How to Invest in Unity Software guide.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.

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When running Unity Software's price analysis, check to measure Unity Software'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 Unity Software is operating at the current time. Most of Unity Software's value examination focuses on studying past and present price action to predict the probability of Unity Software's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Unity Software's price. Additionally, you may evaluate how the addition of Unity Software to your portfolios can decrease your overall portfolio volatility.
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Is Unity Software'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 Unity Software. If investors know Unity 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 Unity Software listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.16)
Revenue Per Share
5.749
Quarterly Revenue Growth
0.351
Return On Assets
(0.06)
Return On Equity
(0.23)
The market value of Unity Software is measured differently than its book value, which is the value of Unity that is recorded on the company's balance sheet. Investors also form their own opinion of Unity Software's value that differs from its market value or its book value, called intrinsic value, which is Unity Software'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 Unity Software's market value can be influenced by many factors that don't directly affect Unity Software'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 Unity Software's value and its price as these two are different measures arrived at by different means. Investors typically determine if Unity Software is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Unity Software'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.