Appian Piotroski F Score

APPN
 Stock
  

USD 54.46  0.96  1.73%   

This module uses fundamental data of Appian Corp to approximate its Piotroski F score. Appian Corp F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Appian Corp Cl. 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 Appian Corp financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Please continue to Appian Corp Altman Z Score, Appian Corp Correlation, Appian Corp Valuation, as well as analyze Appian Corp Alpha and Beta and Appian Corp Hype Analysis.
  
The value of Total Debt is estimated to slide to about 52.8 M. The value of Debt Current is estimated to slide to about 8.1 M. Appian Corp Net Current Assets as percentage of Total Assets are quite stable at the moment as compared to the past year. The company's current value of Net Current Assets as percentage of Total Assets is estimated at 25.47. Asset Turnover is expected to rise to 0.83 this year, although the value of Receivables Turnover will most likely fall to 3.15.
At this time, it appears that Appian Corp'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
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 ChangeLower LeverageFocus
8
Change In Outstending SharesDecreaseFocus
9
Change in Gross MarginIncreaseFocus

Appian Corp Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Appian Corp is to make sure Appian is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Appian 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 Appian Corp's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares67.9 M71 M
Sufficiently Down
Increasing
Slightly volatile
Weighted Average Shares Diluted67.9 M71 M
Sufficiently Down
Increasing
Slightly volatile
Net Cash Flow from Operations(55.3 M)(53.9 M)
Fairly Down
Decreasing
Slightly volatile
Total Assets428.4 M504.5 M
Fairly Down
Increasing
Slightly volatile
Total Liabilities234.9 M270.6 M
Fairly Down
Increasing
Slightly volatile
Current Assets301.9 M338.3 M
Fairly Down
Increasing
Slightly volatile
Current Liabilities182.8 M215.7 M
Fairly Down
Increasing
Slightly volatile
Total Debt52.8 M56.9 M
Significantly Down
Increasing
Slightly volatile
Gross Margin0.750.718
Sufficiently Up
Increasing
Slightly volatile
Asset Turnover0.830.741
Moderately Up
Decreasing
Slightly volatile

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

About Appian 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

3.55

Appian Corp Book Value per Share is quite stable at the moment as compared to the past year. The company's current value of Book Value per Share is estimated at 3.55

Appian Corp Current Valuation Drivers

We derive many important indicators used in calculating different scores of Appian Corp from analyzing Appian Corp's financial statements. These drivers represent accounts that assess Appian Corp's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Appian Corp's important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee(36.1 K)(46.74 K)(39.78 K)(22.87 K)(49.3 K)(53.19 K)
Revenue Per Employee205.75 K214.31 K204.2 K208.04 K205.37 K193.26 K
Average Assets131.9 M184.03 M287.66 M458.95 M498.35 M421.88 M
Earnings Before Interest Taxes and Depreciation Amortization EBITDA(28.89 M)(46.99 M)(44.78 M)(26.27 M)(81.75 M)(83.9 M)
Earnings Before Interest Taxes and Depreciation Amortization USD(28.89 M)(46.99 M)(44.78 M)(26.27 M)(81.75 M)(83.9 M)
Earnings before Tax(30.25 M)(49.21 M)(49.89 M)(32.59 M)(87.86 M)(90.18 M)
Average Equity(8.98 M)56.42 M120.03 M272.72 M265.57 M286.54 M
Free Cash Flow(9.56 M)(38.33 M)(41.35 M)(8.87 M)(59.98 M)(61.55 M)
Invested Capital(7.82 M)9.85 M151.52 M295.68 M209.17 M166.53 M
Invested Capital Average3.88 M(2.19 M)55.39 M187 M241 M260.02 M
Tangible Asset Value161.05 M233.18 M371.49 M505.92 M469.58 M406.55 M
Working Capital50.11 M81.22 M165.38 M209.53 M122.54 M119.13 M

About Appian Corp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Appian Corp Cl's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Appian Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Appian Corp Cl 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.
Appian Corporation provides low-code automation platform in the United States and internationally. The companys platform automates the creation of forms, workflows, data structures, reports, user interfaces, and other software elements that are needed to be manually coded. The company also offers professional and customer support services. It serves to financial services, government, life sciences, insurance, manufacturing, energy, healthcare, telecommunications, and transportation industries. The company was incorporated in 1999 and is headquartered in McLean, Virginia.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Appian 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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Pair Trading with Appian 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 Appian 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 Appian Corp will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Appian 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 Appian 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 Appian 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 Appian Corp Cl to buy it.
The correlation of Appian 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 Appian Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Appian Corp Cl 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 Appian 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 Appian Corp Altman Z Score, Appian Corp Correlation, Appian Corp Valuation, as well as analyze Appian Corp Alpha and Beta and Appian Corp Hype Analysis. Note that the Appian Corp Cl information on this page should be used as a complementary analysis to other Appian 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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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Is Appian 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 Appian Corp. If investors know Appian 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 Appian 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
3.6 B
Quarterly Revenue Growth YOY
0.29
Return On Assets
-0.12
Return On Equity
-0.36
The market value of Appian Corp Cl is measured differently than its book value, which is the value of Appian that is recorded on the company's balance sheet. Investors also form their own opinion of Appian Corp's value that differs from its market value or its book value, called intrinsic value, which is Appian 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 Appian Corp's market value can be influenced by many factors that don't directly affect Appian 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 Appian Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Appian Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Appian 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.