GTY Technology Piotroski F Score

GTYH
 Stock
  

USD 6.30  0.00  0.00%   

This module uses fundamental data of GTY Technology to approximate its Piotroski F score. GTY Technology F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of GTY Technology Holdings. 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 GTY Technology financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Please check Risk vs Return Analysis.
  
GTY Technology Debt Current is most likely to increase significantly in the upcoming years. The last year's value of Debt Current was reported at 721,000. The current Debt to Equity Ratio is estimated to increase to 0.49, while Total Debt is projected to decrease to roughly 26.4 M. GTY Technology Price to Book Value is most likely to decrease significantly in the upcoming years. The preceding year's Price to Book Value was reported at 1.45. The current Tangible Assets Book Value per Share is estimated to increase to 0.71, while Book Value per Share is projected to decrease to 4.06.
At this time, it appears that GTY Technology'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 AssetsN/AFocus
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

GTY Technology Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to GTY Technology is to make sure GTY Technology is not a subject of accounting manipulations and runs a healthy internal audit department. So, if GTY Technology'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 GTY Technology's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares50.6 M57.1 M
Fairly Down
Increasing
Slightly volatile
Weighted Average Shares Diluted55.6 M57.1 M
Fairly Down
Decreasing
Slightly volatile
Total Assets376.6 M394.9 M
Sufficiently Down
Decreasing
Slightly volatile
Total Liabilities108.3 M128 M
Fairly Down
Increasing
Slightly volatile
Current Assets25.4 M30.1 M
Fairly Down
Increasing
Slightly volatile
Current Liabilities27.7 M33 M
Fairly Down
Increasing
Slightly volatile
Total Debt26.4 M28.1 M
Notably Down
Increasing
Slightly volatile
Return on Average Assets(0.13)(0.13)
Steady
Decreasing
Slightly volatile
Gross Margin0.690.63
Significantly Up
Increasing
Slightly volatile
Asset Turnover0.150.146
Fairly Up
Increasing
Slightly volatile

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

About GTY Technology 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

4.06

GTY Technology Book Value per Share is most likely to slightly grow in the upcoming years. The last year's value of Book Value per Share was reported at 4.67

About GTY Technology Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze GTY Technology Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of GTY Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of GTY Technology Holdings 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.
GTY Technology Holdings Inc. operates as a software-as-a-service company that offers a cloud-based suite of solutions for the public sector in North America. As of July 7, 2022, GTY Technology Holdings Inc. was taken private. GTY Technology operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 5 people.

GTY Technology Investors Sentiment

The influence of GTY Technology'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 GTY Technology. 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.

GTY Technology Implied Volatility

    
  12.11  
GTY Technology's implied volatility exposes the market's sentiment of GTY Technology Holdings stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if GTY Technology'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 GTY Technology stock will not fluctuate a lot when GTY Technology'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 GTY Technology 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, GTY Technology's short interest history, or implied volatility extrapolated from GTY Technology options trading.

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as GTY Technology Holdings using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

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Please check Risk vs Return Analysis. Note that the GTY Technology Holdings information on this page should be used as a complementary analysis to other GTY Technology'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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Other Tools for GTY Technology Stock

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