Astrotech Piotroski F Score


USD 0.49  0.01  2.08%   

This module uses fundamental data of Astrotech Corp to approximate its Piotroski F score. Astrotech Corp F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Astrotech Corp. 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 Astrotech Corp financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Please continue to Astrotech Corp Altman Z Score, Astrotech Corp Correlation, Astrotech Corp Valuation, as well as analyze Astrotech Corp Alpha and Beta and Astrotech Corp Hype Analysis.
Astrotech Corp Total Debt is projected to decrease significantly based on the last few years of reporting. The past year's Total Debt was at 2.52 Million. The current year Debt Non Current is expected to grow to about 198.6 K, whereas Debt Current is forecasted to decline to about 2.5 M. Astrotech Corp Asset Turnover is projected to slightly decrease based on the last few years of reporting. The past year's Asset Turnover was at 0.0099. The current year Book Value per Share is expected to grow to 3.46, whereas EBITDA Margin is forecasted to decline to (20.83) .
At this time, it appears that Astrotech Corp'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..
Piotroski F Score - Poor
Current Return On AssetsNegativeFocus
Change in Return on AssetsDecreasedFocus
Cash Flow Return on AssetsNegativeFocus
Current Quality of Earnings (accrual)ImprovingFocus
Asset Turnover GrowthIncreaseFocus
Current Ratio ChangeIncreaseFocus
Long Term Debt Over Assets ChangeHigher LeverageFocus
Change In Outstending SharesIncreaseFocus
Change in Gross MarginIncreaseFocus

Astrotech Corp Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Astrotech Corp is to make sure Astrotech is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Astrotech Corp'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 Astrotech Corp's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares27.3 M25.3 M
Significantly Up
Slightly volatile
Weighted Average Shares Diluted27.3 M25.3 M
Significantly Up
Slightly volatile
Total Assets63.7 M59.1 M
Significantly Up
Very volatile
Total Liabilities4.4 MM
Significantly Up
Slightly volatile
Current Assets80.8 M74.9 M
Significantly Up
Slightly volatile
Current Liabilities3.7 M3.8 M
Fairly Down
Slightly volatile
Total Debt3.4 M2.5 M
Significantly Up
Slightly volatile
Return on Average Assets(0.24)(0.22)
Significantly Down
Slightly volatile
Gross Margin0.09970.0972
Fairly Up
Slightly volatile
Asset Turnover0.01020.0099
Fairly Up
Slightly volatile

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

About Astrotech Corp 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


Astrotech Corp Book Value per Share is projected to drop based on the last few years of reporting. The past year's Book Value per Share was at 2.51

Astrotech Corp Current Valuation Drivers

We derive many important indicators used in calculating different scores of Astrotech Corp from analyzing Astrotech Corp's financial statements. These drivers represent accounts that assess Astrotech Corp's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Astrotech Corp's important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Average Assets10.48 M3.44 M5.56 M31.54 M28.39 M27.81 M
Earnings Before Interest Taxes and Depreciation Amortization EBITDA(12.49 M)(8.15 M)(7.58 M)(7.17 M)(6.45 M)(6.96 M)
Earnings Before Interest Taxes and Depreciation Amortization USD(12.49 M)(8.15 M)(7.58 M)(7.17 M)(6.45 M)(6.96 M)
Earnings before Tax(13.25 M)(8.39 M)(8.31 M)(7.6 M)(6.84 M)(7.38 M)
Average Equity9.23 M2.39 M1.2 M26.73 M24.05 M22.65 M
Enterprise Value12.12 M12.92 M20.35 M36.92 M33.22 M28.61 M
Free Cash Flow(10.8 M)(8.47 M)(6.93 M)(7.62 M)(6.86 M)(7.4 M)
Invested Capital3.63 M1.27 M2.23 M28.28 M25.45 M22.73 M
Invested Capital Average8.97 M582 K2.74 M6.93 M6.24 M6.41 M
Market Capitalization12.75 M14.44 M21.59 M65.82 M75.69 M81.67 M
Tangible Asset Value5.14 M3.69 M5.93 M65.63 M59.07 M63.73 M
Working Capital3.32 M1.88 M322 K60.9 M70.03 M75.56 M

About Astrotech Corp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Astrotech Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Astrotech Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Astrotech 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.
Astrotech Corporation operates as a science and technology development and commercialization company worldwide. Astrotech Corporation was incorporated in 1984 is based in Austin, Texas. Astrotech Corp operates under Aerospace Defense classification in the United States and is traded on NASDAQ Exchange. It employs 12 people.

Astrotech Corp Investors Sentiment

The influence of Astrotech Corp'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 Astrotech. 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 markets does not have a solid backing from leading economists and market statisticians.
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 Astrotech Corp 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, Astrotech Corp's short interest history, or implied volatility extrapolated from Astrotech Corp options trading.

Pair Trading with Astrotech Corp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Astrotech Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Astrotech Corp will appreciate offsetting losses from the drop in the long position's value.

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Moving against Astrotech Corp

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The ability to find closely correlated positions to Astrotech Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Astrotech Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Astrotech Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Astrotech Corp to buy it.
The correlation of Astrotech Corp is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Astrotech Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Astrotech Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Astrotech Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Please continue to Astrotech Corp Altman Z Score, Astrotech Corp Correlation, Astrotech Corp Valuation, as well as analyze Astrotech Corp Alpha and Beta and Astrotech Corp Hype Analysis. Note that the Astrotech Corp information on this page should be used as a complementary analysis to other Astrotech Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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Is Astrotech Corp'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 Astrotech Corp. If investors know Astrotech 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 Astrotech Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
24.2 M
Quarterly Revenue Growth YOY
Return On Assets
Return On Equity
The market value of Astrotech Corp is measured differently than its book value, which is the value of Astrotech that is recorded on the company's balance sheet. Investors also form their own opinion of Astrotech Corp's value that differs from its market value or its book value, called intrinsic value, which is Astrotech Corp'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 Astrotech Corp's market value can be influenced by many factors that don't directly affect Astrotech Corp'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 Astrotech Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Astrotech Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Astrotech Corp'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.