CalAmp Piotroski F Score

CAMP
 Stock
  

USD 3.61  0.12  3.44%   

This module uses fundamental data of CalAmp Corp to approximate its Piotroski F score. CalAmp Corp F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of CalAmp 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 CalAmp Corp financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Continue to Trending Equities.
  
CalAmp Corp Total Debt is very stable at the moment as compared to the past year. CalAmp Corp reported last year Total Debt of 205.67 Million. As of 30th of November 2022, Debt Current is likely to grow to about 18.8 M, while Debt to Equity Ratio is likely to drop 2.14. CalAmp Corp Revenue to Assets are very stable at the moment as compared to the past year. CalAmp Corp reported last year Revenue to Assets of 0.76. As of 30th of November 2022, Total Assets Per Share is likely to grow to 13.32, while Inventory Turnover is likely to drop 7.78.
At this time, it appears that CalAmp 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..
5.0
Piotroski F Score - Healthy
1
Current Return On AssetsNegativeFocus
2
Change in Return on AssetsDecreasedFocus
3
Cash Flow Return on AssetsPositiveFocus
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 MarginIncreaseFocus

CalAmp Corp Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to CalAmp Corp is to make sure CalAmp is not a subject of accounting manipulations and runs a healthy internal audit department. So, if CalAmp 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 CalAmp Corp's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares Diluted36.3 M35.3 M
Fairly Up
Increasing
Slightly volatile
Weighted Average Shares36.3 M35.3 M
Fairly Up
Increasing
Slightly volatile
Return on Average Assets(11.16)(6.7825)
Way Down
Decreasing
Slightly volatile
Net Cash Flow from Operations3.9 M(4.2 M)
Way Up
Increasing
Very volatile
Current Liabilities111.5 M90.5 M
Fairly Up
Increasing
Slightly volatile
Total Liabilities354.8 M316.2 M
Moderately Up
Increasing
Slightly volatile
Gross Margin42.2841.2001
Fairly Up
Increasing
Slightly volatile
Total Debt231.7 M205.7 M
Moderately Up
Increasing
Slightly volatile
Asset Turnover0.720.7169
Slightly Up
Decreasing
Slightly volatile
Current Assets220.7 M181.4 M
Fairly Up
Increasing
Slightly volatile
Total Assets467 M391.6 M
Fairly Up
Increasing
Slightly volatile

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

About CalAmp 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

3.28

CalAmp Corp Book Value per Share is very stable at the moment as compared to the past year. CalAmp Corp reported last year Book Value per Share of 2.14

CalAmp Corp Current Valuation Drivers

We derive many important indicators used in calculating different scores of CalAmp Corp from analyzing CalAmp Corp's financial statements. These drivers represent accounts that assess CalAmp Corp's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of CalAmp Corp's important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee(8.13 K)18.46 K19.76 K(57.28 K)(31.56 K)(54.8 K)
Revenue Per Employee360.97 K406.57 K390.76 K313.92 K333.53 K351.84 K
Average Assets414.16 M455.38 M579 M459.35 M408.43 M526.72 M
Earnings Before Interest Taxes and Depreciation Amortization EBITDA25.18 M61.98 M60.62 M16.87 M8.08 M986.32 K
Earnings Before Interest Taxes and Depreciation Amortization USD23.9 M60.53 M44.3 M(18.26 M)11.22 M(2.22 M)
Earnings before Tax(9.47 M)27.3 M17.79 M(55.75 M)(26.9 M)(45.13 M)
Average Equity175.44 M190.09 M204.85 M109.64 M85.41 M139.82 M
Enterprise Value643.91 M847.9 M477.01 M504.3 M366.71 M436.9 M
Free Cash Flow17.83 M58.55 M37.34 M17.23 M(17.52 M)(14.35 M)
Invested Capital243.22 M273.72 M411.47 M303.36 M301.18 M350.17 M
Invested Capital Average256.74 M257.84 M363.09 M334.3 M297.18 M361.54 M
Market Capitalization574.03 M833.62 M476.2 M391.34 M253.48 M306.36 M
Tangible Asset Value267.94 M347.56 M475.66 M301.7 M265.18 M328.27 M
Working Capital128.86 M180.36 M319.9 M107.04 M90.93 M109.12 M

About CalAmp Corp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze CalAmp Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CalAmp Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CalAmp 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.
CalAmp Corp., a connected intelligence company, provides leverages a data-driven solutions ecosystem to people and organizations in the United States, Europe, the Middle East, Africa, Latin America, the Asia-Pacific, and internationally. The company was incorporated in 1981 and is headquartered in Irvine, California. CalAmp Corp operates under Communication Equipment classification in the United States and is traded on NASDAQ Exchange. It employs 887 people.
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 CalAmp 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, CalAmp Corp's short interest history, or implied volatility extrapolated from CalAmp Corp options trading.
Continue to Trending Equities. You can also try Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

Other Tools for CalAmp Stock

When running CalAmp Corp price analysis, check to measure CalAmp 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 CalAmp Corp is operating at the current time. Most of CalAmp Corp's value examination focuses on studying past and present price action to predict the probability of CalAmp Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move CalAmp Corp's price. Additionally, you may evaluate how the addition of CalAmp Corp to your portfolios can decrease your overall portfolio volatility.
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