SSC Technologies Piotroski F Score

SSNC
 Stock
  

USD 62.06  0.63  1.00%   

This module uses fundamental data of SSC Technologies to approximate its Piotroski F score. SSC Technologies F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of SSC Technologies. 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 SSC Technologies financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Additionally, take a look at SSC Technologies Altman Z Score, SSC Technologies Correlation, SSC Technologies Valuation, as well as analyze SSC Technologies Alpha and Beta and SSC Technologies Hype Analysis.
  
SSC Technologies Total Debt is projected to increase significantly based on the last few years of reporting. The past year's Total Debt was at 2.48 Billion. The current year Debt Current is expected to grow to about 31.3 M, whereas Long Term Debt to Equity is forecasted to decline to 0.88. SSC Technologies Calculated Tax Rate is projected to decrease significantly based on the last few years of reporting. The past year's Calculated Tax Rate was at 23.37. The current year PPandE Turnover is expected to grow to 15.95, whereas Interest Coverage is forecasted to decline to 5.52.
At this time, it appears that SSC Technologies' 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
1
Current Return On AssetsPositiveFocus
2
Change in Return on AssetsDecreasedFocus
3
Cash Flow Return on AssetsPositiveFocus
4
Current Quality of Earnings (accrual)DecreasingFocus
5
Asset Turnover GrowthDecreaseFocus
6
Current Ratio ChangeIncreaseFocus
7
Long Term Debt Over Assets ChangeHigher LeverageFocus
8
Change In Outstending SharesDecreaseFocus
9
Change in Gross MarginIncreaseFocus

SSC Technologies Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to SSC Technologies is to make sure SSC Technologies is not a subject of accounting manipulations and runs a healthy internal audit department. So, if SSC Technologies' 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 SSC Technologies' financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares217.4 M255.6 M
Fairly Down
Increasing
Slightly volatile
Weighted Average Shares Diluted227.3 M267.3 M
Fairly Down
Increasing
Slightly volatile
Net Cash Flow from Operations1.5 B1.4 B
Significantly Up
Increasing
Slightly volatile
Total Assets18.7 B17.3 B
Significantly Up
Increasing
Slightly volatile
Total Liabilities12 B11.2 B
Significantly Up
Increasing
Slightly volatile
Current Assets4.6 B4.3 B
Significantly Up
Increasing
Slightly volatile
Current Liabilities4.2 B3.9 B
Significantly Up
Increasing
Slightly volatile
Total Debt2.7 B2.5 B
Significantly Up
Increasing
Slightly volatile
Return on Average Assets4.04.8111
Significantly Down
Increasing
Very volatile
Gross Margin51.8147.6995
Significantly Up
Decreasing
Stable
Asset Turnover0.280.3038
Significantly Down
Decreasing
Very volatile

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

About SSC Technologies 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

8.15

SSC Technologies Book Value per Share is projected to slightly grow based on the last few years of reporting. The past year's Book Value per Share was at 9.69

SSC Technologies Current Valuation Drivers

We derive many important indicators used in calculating different scores of SSC Technologies from analyzing SSC Technologies' financial statements. These drivers represent accounts that assess SSC Technologies' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of SSC Technologies' important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee39.68 K4.57 K19.23 K25.34 K109.59 K118.24 K
Revenue Per Employee202.16 K151.38 K203.2 K189.23 K691.92 K746.54 K
Earnings Before Interest Taxes and Depreciation Amortization EBITDA416 M494.1 M1.06 B1.13 B1.29 B1.4 B

SSC Technologies ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, SSC Technologies' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to SSC Technologies' managers, analysts, and investors.
Environment Score
Governance Score
Social Score

About SSC Technologies Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze SSC Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SSC Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SSC Technologies 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.
SSC Technologies Holdings, Inc., together with its subsidiaries, provides software products and software-enabled services to financial services and healthcare industries. The company was founded in 1986 and is headquartered in Windsor, Connecticut. SSC Technologies operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 24900 people.

SSC Technologies Investors Sentiment

The influence of SSC Technologies' 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 SSC Technologies. 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.
Investor biases related to SSC Technologies' public news can be used to forecast risks associated with investment in SSC Technologies. The trend in average sentiment can be used to explain how an investor holding SSC Technologies can time the market purely based on public headlines and social activities around SSC Technologies. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
SSC Technologies' 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 SSC Technologies' 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 SSC Technologies' news discussions. The higher the estimate score, the more favorable is the investor's outlook on SSC Technologies.

SSC Technologies Implied Volatility

    
  43.99  
SSC Technologies' implied volatility exposes the market's sentiment of SSC Technologies stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if SSC Technologies' 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 SSC Technologies stock will not fluctuate a lot when SSC Technologies' 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 SSC Technologies 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, SSC Technologies' short interest history, or implied volatility extrapolated from SSC Technologies options trading.

Currently Active Assets on Macroaxis

Additionally, take a look at SSC Technologies Altman Z Score, SSC Technologies Correlation, SSC Technologies Valuation, as well as analyze SSC Technologies Alpha and Beta and SSC Technologies Hype Analysis. Note that the SSC Technologies information on this page should be used as a complementary analysis to other SSC Technologies' 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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

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When running SSC Technologies price analysis, check to measure SSC Technologies' 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 SSC Technologies is operating at the current time. Most of SSC Technologies' value examination focuses on studying past and present price action to predict the probability of SSC Technologies' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move SSC Technologies' price. Additionally, you may evaluate how the addition of SSC Technologies to your portfolios can decrease your overall portfolio volatility.
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Is SSC Technologies' 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 SSC Technologies. If investors know SSC Technologies 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 SSC Technologies 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 YOY
-0.41
Market Capitalization
16 B
Quarterly Revenue Growth YOY
0.055
Return On Assets
0.0431
Return On Equity
0.12
The market value of SSC Technologies is measured differently than its book value, which is the value of SSC Technologies that is recorded on the company's balance sheet. Investors also form their own opinion of SSC Technologies' value that differs from its market value or its book value, called intrinsic value, which is SSC Technologies' 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 SSC Technologies' market value can be influenced by many factors that don't directly affect SSC Technologies' 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 SSC Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine SSC Technologies value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SSC Technologies' 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.