APPTECH Piotroski F Score

APCX
 Stock
  

USD 0.84  0.14  20.00%   

This module uses fundamental data of APPTECH CORP to approximate its Piotroski F score. APPTECH CORP F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of APPTECH 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 APPTECH CORP financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Please continue to APPTECH CORP Altman Z Score, APPTECH CORP Correlation, APPTECH CORP Valuation, as well as analyze APPTECH CORP Alpha and Beta and APPTECH CORP Hype Analysis.
  
APPTECH CORP Total Debt is fairly stable at the moment as compared to the past year. APPTECH CORP reported Total Debt of 2.09 Million in 2021. Debt Current is likely to rise to about 2.1 M in 2022, whereas Issuance Repayment of Debt Securities is likely to drop (35.3 K) in 2022. APPTECH CORP Asset Turnover is fairly stable at the moment as compared to the past year. APPTECH CORP reported Asset Turnover of 0.047 in 2021. Book Value per Share is likely to rise to 0.004316 in 2022, whereas EBITDA Margin is likely to drop (11.33)  in 2022.
At this time, it appears that APPTECH CORP's 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..
3.0
Piotroski F Score - Frail
1
Current Return On AssetsNegativeFocus
2
Change in Return on AssetsDecreasedFocus
3
Cash Flow Return on AssetsNegativeFocus
4
Current Quality of Earnings (accrual)ImprovingFocus
5
Asset Turnover GrowthIncreaseFocus
6
Current Ratio ChangeIncreaseFocus
7
Long Term Debt Over Assets ChangeHigher LeverageFocus
8
Change In Outstending SharesIncreaseFocus
9
Change in Gross MarginNo ChangeFocus

APPTECH CORP Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to APPTECH CORP is to make sure APPTECH is not a subject of accounting manipulations and runs a healthy internal audit department. So, if APPTECH 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 APPTECH CORP's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares11.6 M11.4 M
Fairly Up
Increasing
Slightly volatile
Weighted Average Shares Diluted11.6 M11.4 M
Fairly Up
Increasing
Slightly volatile
Total Assets8.2 M7.6 M
Significantly Up
Increasing
Slightly volatile
Total Liabilities8.4 M7.5 M
Moderately Up
Increasing
Slightly volatile
Current Assets671.1 K622 K
Significantly Up
Increasing
Slightly volatile
Current Liabilities8.2 M7.3 M
Moderately Up
Increasing
Slightly volatile
Total Debt2.3 M2.1 M
Significantly Up
Decreasing
Slightly volatile
Gross Margin0.550.578
Notably Down
Decreasing
Very volatile
Asset Turnover0.04820.047
Fairly Up
Decreasing
Slightly volatile

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

About APPTECH 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

0.004316

APPTECH CORP Book Value per Share is fairly stable at the moment as compared to the past year. APPTECH CORP reported Book Value per Share of 0.004 in 2021

About APPTECH CORP Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze APPTECH CORP's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of APPTECH CORP using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of APPTECH 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.
AppTech Payments Corp., a financial technology company, provides electronic payment processing technologies and merchant services in the United States. AppTech Payments Corp. was incorporated in 1998 and is headquartered in Carlsbad, California. APPTECH CORP operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. It employs 18 people.

Be your own money manager

Our tools can tell you how much better you can do entering a position in APPTECH CORP without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Please continue to APPTECH CORP Altman Z Score, APPTECH CORP Correlation, APPTECH CORP Valuation, as well as analyze APPTECH CORP Alpha and Beta and APPTECH CORP Hype Analysis. Note that the APPTECH CORP information on this page should be used as a complementary analysis to other APPTECH 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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

Complementary Tools for APPTECH Stock analysis

When running APPTECH CORP price analysis, check to measure APPTECH CORP'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 APPTECH CORP is operating at the current time. Most of APPTECH CORP's value examination focuses on studying past and present price action to predict the probability of APPTECH CORP's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move APPTECH CORP's price. Additionally, you may evaluate how the addition of APPTECH CORP to your portfolios can decrease your overall portfolio volatility.
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Is APPTECH 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 APPTECH CORP. If investors know APPTECH 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 APPTECH 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
13.9 M
Quarterly Revenue Growth YOY
-0.18
Return On Assets
-0.64
Return On Equity
-2.76
The market value of APPTECH CORP is measured differently than its book value, which is the value of APPTECH that is recorded on the company's balance sheet. Investors also form their own opinion of APPTECH CORP's value that differs from its market value or its book value, called intrinsic value, which is APPTECH 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 APPTECH CORP's market value can be influenced by many factors that don't directly affect APPTECH 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 APPTECH CORP's value and its price as these two are different measures arrived at by different means. Investors typically determine APPTECH CORP value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, APPTECH 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.