Better Piotroski F Score

BTTR -  USA Stock  

USD 2.78  0.17  5.76%

This module uses fundamental data of Better Choice to approximate its Piotroski F score. Better Choice F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Better Choice. 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 Better Choice financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Continue to Better Choice Altman Z Score, Better Choice Correlation, Better Choice Valuation, as well as analyze Better Choice Alpha and Beta and Better Choice Hype Analysis.

Better Piotroski F Score 

 
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Better Choice Total Debt is relatively stable at the moment as compared to the past year. Better Choice reported last year Total Debt of 37.91 Million. As of 01/16/2022, Debt Current is likely to grow to about 10.2 M, while Debt Non Current is likely to drop slightly above 27.1 M. Better Choice Asset Turnover is relatively stable at the moment as compared to the past year. Better Choice reported last year Asset Turnover of 0.97. As of 01/16/2022, Gross Margin is likely to grow to 0.44, while Current Ratio is likely to drop 0.32.
At this time, it appears that Better Choice'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 Assets
Negative
2
Change in Return on Assets
Decreased
3
Cash Flow Return on Assets
Negative
4
Current Quality of Earnings (accrual)
Improving
5
Asset Turnover Growth
Increase
6
Current Ratio Change
Decrease
7
Long Term Debt Over Assets Change
Higher Leverage
8
Change In Outstending Shares
Increase
9
Change in Gross Margin
Increase

Better Choice Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Better Choice is to make sure Better is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Better Choice'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 Better Choice's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares10.2 M9.4 M
Significantly Up
Increasing
Slightly volatile
Weighted Average Shares Diluted10.2 M9.4 M
Significantly Up
Increasing
Slightly volatile
Total Assets63.6 M58.9 M
Significantly Up
Increasing
Slightly volatile
Total Liabilities98.5 M91.3 M
Significantly Up
Increasing
Slightly volatile
Current Assets21.8 M20.2 M
Significantly Up
Increasing
Slightly volatile
Current Liabilities67.7 M62.8 M
Significantly Up
Increasing
Slightly volatile
Total Debt40.9 M37.9 M
Significantly Up
Increasing
Slightly volatile
Gross Margin0.440.34
Significantly Up
Decreasing
Slightly volatile
Asset Turnover1.040.97
Notably Up
Increasing
Slightly volatile

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

About Better Choice 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

(4.26)Share
Better Choice Book Value per Share is relatively stable at the moment as compared to the past year. Better Choice reported last year Book Value per Share of -3.95

Better Choice Current Valuation Drivers

We derive many important indicators used in calculating different scores of Better Choice from analyzing Better Choice's financial statements. These drivers represent accounts that assess Better Choice's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Better Choice's important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Average Assets47.97 K17.66 K29.76 M50.69 M58.3 M62.9 M
Average Equity(187.34 K)(1.02 M)(5.06 M)(17.99 M)(16.19 M)(16.61 M)
Invested Capital Average(154 K)(487.78 K)10.28 M16.47 M18.94 M20.44 M

About Better Choice Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Better Choice's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Better Choice using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Better Choice 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.
Better Choice Company Inc. operates as an animal health and wellness company. The company was founded in 1986 and is headquartered in Oldsmar, Florida. Better Choice operates under Packaged Foods classification in the United States and is traded on NYSEMKT Exchange. It employs 45 people.

Better Choice Investors Sentiment

The influence of Better Choice'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 Better. 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.

Better Choice Implied Volatility

    
  153.48  
Better Choice's implied volatility exposes the market's sentiment of Better Choice stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Better Choice'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 Better Choice stock will not fluctuate a lot when Better Choice'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 Better Choice 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, Better Choice's short interest history, or implied volatility extrapolated from Better Choice options trading.

Current Sentiment - BTTR

Better Choice Investor Sentiment

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Continue to Better Choice Altman Z Score, Better Choice Correlation, Better Choice Valuation, as well as analyze Better Choice Alpha and Beta and Better Choice Hype Analysis. Note that the Better Choice information on this page should be used as a complementary analysis to other Better Choice'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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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