Nanthealth Piotroski F Score

NH
 Stock
  

USD 0.61  0.04  7.02%   

This module uses fundamental data of Nanthealth to approximate its Piotroski F score. Nanthealth F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Nanthealth. 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 Nanthealth financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Additionally, see Nanthealth Altman Z Score, Nanthealth Correlation, Nanthealth Valuation, as well as analyze Nanthealth Alpha and Beta and Nanthealth Hype Analysis.
  
Nanthealth Issuance Repayment of Debt Securities is most likely to in the upcoming years. The last year's value of Issuance Repayment of Debt Securities was reported at 11,700. The current Long Term Debt to Equity is estimated to increase to 68.76, while Total Debt is projected to decrease to roughly 236 M. Nanthealth Receivables Turnover is most likely to increase slightly in the upcoming years. The last year's value of Receivables Turnover was reported at 7.68. The current Inventory Turnover is estimated to increase to 57.23, while Accrued Expenses Turnover is projected to decrease to 10.34.
At this time, it appears that Nanthealth'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 GrowthDecreaseFocus
6
Current Ratio ChangeIncreaseFocus
7
Long Term Debt Over Assets ChangeLower LeverageFocus
8
Change In Outstending SharesIncreaseFocus
9
Change in Gross MarginNo ChangeFocus

Nanthealth Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Nanthealth is to make sure Nanthealth is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Nanthealth'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 Nanthealth's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares131.2 M125.5 M
Sufficiently Up
Increasing
Slightly volatile
Weighted Average Shares Diluted131.2 M125.5 M
Sufficiently Up
Increasing
Slightly volatile
Total Assets421.4 M329.3 M
Significantly Up
Increasing
Very volatile
Total Liabilities215.9 M255.2 M
Fairly Down
Increasing
Slightly volatile
Current Assets46.6 M45.4 M
Fairly Up
Decreasing
Slightly volatile
Current Liabilities52.2 M42 M
Fairly Up
Decreasing
Slightly volatile
Total Debt236 M254.3 M
Significantly Down
Increasing
Slightly volatile
Gross Margin40.7245.47
Moderately Down
Increasing
Slightly volatile
Asset Turnover0.190.22
Fairly Down
Increasing
Slightly volatile

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

About Nanthealth 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.

Operating Margin

(55.03)

Nanthealth Operating Margin is most likely to increase significantly in the upcoming years. The last year's value of Operating Margin was reported at -51

Nanthealth Current Valuation Drivers

We derive many important indicators used in calculating different scores of Nanthealth from analyzing Nanthealth's financial statements. These drivers represent accounts that assess Nanthealth's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Nanthealth's important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Average Assets530.33 M361.74 M274.55 M221.18 M199.07 M273.11 M
Earnings Before Interest Taxes and Depreciation Amortization EBITDA(63.19 M)(144.23 M)(50.52 M)(51.72 M)(46.55 M)(50.22 M)
Earnings Before Interest Taxes and Depreciation Amortization USD(133.19 M)(156.35 M)(23.37 M)(19.91 M)(22.9 M)(24.7 M)
Earnings before Tax(177.41 M)(195.82 M)(63.78 M)(55.88 M)(64.26 M)(69.33 M)
Average Equity267.85 M93.3 M(37.64 M)(80.1 M)(72.09 M)(73.98 M)
Enterprise Value451.21 M235.91 M321.66 M553.84 M498.46 M498.52 M
Free Cash Flow(94.78 M)(40.18 M)(13.36 M)(22.53 M)(25.9 M)(27.95 M)
Invested Capital363.08 M251.34 M270.73 M127.53 M114.78 M175.88 M
Invested Capital Average378.11 M309.82 M265.58 M209.07 M188.16 M221.71 M
Market Capitalization330.41 M59.59 M113.94 M359.22 M323.3 M344.33 M
Tangible Asset Value265.15 M105.7 M117.33 M53.99 M48.59 M49.87 M
Working Capital46.03 M2.91 M(19.59 M)(94.16 M)(84.75 M)(86.98 M)

About Nanthealth Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Nanthealth's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nanthealth using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nanthealth 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.
NantHealth, Inc., together with its subsidiaries, operates as a healthcare IT company in the United States, Canada, and the United Kingdom. The company was incorporated in 2010 and is headquartered in Morrisville, North Carolina. Nanthealth operates under Health Information Services classification in the United States and is traded on NASDAQ Exchange. It employs 326 people.

Nanthealth Investors Sentiment

The influence of Nanthealth'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 Nanthealth. 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.
Investor biases related to Nanthealth's public news can be used to forecast risks associated with investment in Nanthealth. The trend in average sentiment can be used to explain how an investor holding Nanthealth can time the market purely based on public headlines and social activities around Nanthealth. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Nanthealth's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Nanthealth's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Nanthealth's news discussions. The higher the estimate score, the more favorable is the investor's outlook on Nanthealth.

Nanthealth Implied Volatility

    
  0.0  
Nanthealth's implied volatility exposes the market's sentiment of Nanthealth stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Nanthealth'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 Nanthealth stock will not fluctuate a lot when Nanthealth'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 Nanthealth 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, Nanthealth's short interest history, or implied volatility extrapolated from Nanthealth options trading.

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Additionally, see Nanthealth Altman Z Score, Nanthealth Correlation, Nanthealth Valuation, as well as analyze Nanthealth Alpha and Beta and Nanthealth Hype Analysis. Note that the Nanthealth information on this page should be used as a complementary analysis to other Nanthealth'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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

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Is Nanthealth'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 Nanthealth. If investors know Nanthealth 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 Nanthealth listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
70.9 M
Quarterly Revenue Growth YOY
0.025
Return On Assets
-0.15
The market value of Nanthealth is measured differently than its book value, which is the value of Nanthealth that is recorded on the company's balance sheet. Investors also form their own opinion of Nanthealth's value that differs from its market value or its book value, called intrinsic value, which is Nanthealth'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 Nanthealth's market value can be influenced by many factors that don't directly affect Nanthealth'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 Nanthealth's value and its price as these two are different measures arrived at by different means. Investors typically determine Nanthealth value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nanthealth'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.