Seneca Piotroski F Score

SENEA
 Stock
  

USD 61.44  1.55  2.46%   

This module uses fundamental data of Seneca Foods to approximate its Piotroski F score. Seneca Foods F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Seneca Foods Cp. 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 Seneca Foods financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Additionally, take a look at Seneca Foods Altman Z Score, Seneca Foods Correlation, Seneca Foods Valuation, as well as analyze Seneca Foods Alpha and Beta and Seneca Foods Hype Analysis.
  
Seneca Foods Debt Current is projected to increase significantly based on the last few years of reporting. The past year's Debt Current was at 252.2 Million. The current year Debt Non Current is expected to grow to about 37.8 M, whereas Total Debt is forecasted to decline to about 250.8 M. Seneca Foods Long Term Debt to Equity is projected to slightly decrease based on the last few years of reporting. The past year's Long Term Debt to Equity was at 0.22. The current year Calculated Tax Rate is expected to grow to 27.43, whereas Interest Coverage is forecasted to decline to 10.17.
At this time, it appears that Seneca Foods' 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 AssetsPositiveFocus
2
Change in Return on AssetsDecreasedFocus
3
Cash Flow Return on AssetsPositiveFocus
4
Current Quality of Earnings (accrual)DecreasingFocus
5
Asset Turnover GrowthIncreaseFocus
6
Current Ratio ChangeIncreaseFocus
7
Long Term Debt Over Assets ChangeLower LeverageFocus
8
Change In Outstending SharesIncreaseFocus
9
Change in Gross MarginNo ChangeFocus

Seneca Foods Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Seneca Foods is to make sure Seneca is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Seneca Foods' 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 Seneca Foods' financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares Diluted10.5 M8.8 M
Fairly Up
Decreasing
Slightly volatile
Weighted Average Shares10.5 M8.7 M
Fairly Up
Decreasing
Slightly volatile
Return on Average Assets4.575.4953
Significantly Down
Increasing
Stable
Net Cash Flow from Operations38.3 M30.2 M
Significantly Up
Increasing
Slightly volatile
Current Liabilities191.5 M173.2 M
Significantly Up
Increasing
Very volatile
Total Liabilities377.1 M363.2 M
Sufficiently Up
Decreasing
Very volatile
Gross Margin9.4210.6789
Fairly Down
Increasing
Stable
Total Debt250.8 M289.1 M
Fairly Down
Increasing
Slightly volatile
Asset Turnover1.691.4925
Moderately Up
Decreasing
Slightly volatile
Current Assets544.6 M555.4 M
Fairly Down
Decreasing
Very volatile
Total Assets858.1 M947 M
Moderately Down
Increasing
Slightly volatile

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

About Seneca Foods 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

32.99

Seneca Foods Book Value per Share is projected to increase based on the last few years of reporting. The past year's Book Value per Share was at 36.93

Seneca Foods Current Valuation Drivers

We derive many important indicators used in calculating different scores of Seneca Foods from analyzing Seneca Foods' financial statements. These drivers represent accounts that assess Seneca Foods' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Seneca Foods' important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee(3.21 K)1.55 K16.31 K42.03 K17 K18.34 K
Revenue Per Employee305.76 K324.21 K416.29 K489.21 K461.76 K403.09 K
Earnings Before Interest Taxes and Depreciation Amortization EBITDA25.83 M(4.32 M)103.64 M204.69 M109.85 M89.96 M

About Seneca Foods Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Seneca Foods Cp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Seneca Foods using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Seneca Foods Cp 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.
Seneca Foods Corporation provides packaged fruits and vegetables in the United States and internationally. The company was incorporated in 1949 and is headquartered in Marion, New York. Seneca Foods operates under Packaged Foods classification in the United States and is traded on NASDAQ Exchange. It employs 2900 people.

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Our tools can tell you how much better you can do entering a position in Seneca Foods without increasing your portfolio risk or giving up the 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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Additionally, take a look at Seneca Foods Altman Z Score, Seneca Foods Correlation, Seneca Foods Valuation, as well as analyze Seneca Foods Alpha and Beta and Seneca Foods Hype Analysis. Note that the Seneca Foods Cp information on this page should be used as a complementary analysis to other Seneca Foods' 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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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Is Seneca Foods' 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 Seneca Foods. If investors know Seneca 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 Seneca Foods listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.55
Market Capitalization
482.1 M
Quarterly Revenue Growth YOY
0.18
Return On Assets
0.0323
Return On Equity
0.0805
The market value of Seneca Foods Cp is measured differently than its book value, which is the value of Seneca that is recorded on the company's balance sheet. Investors also form their own opinion of Seneca Foods' value that differs from its market value or its book value, called intrinsic value, which is Seneca Foods' 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 Seneca Foods' market value can be influenced by many factors that don't directly affect Seneca Foods' 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 Seneca Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine Seneca Foods value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Seneca Foods' 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.