Splunk Piotroski F Score

SPLK
 Stock
  

USD 108.57  3.34  2.98%   

This module uses fundamental data of Splunk to approximate its Piotroski F score. Splunk F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Splunk Inc. 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 Splunk financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Additionally, take a look at Splunk Altman Z Score, Splunk Correlation, Splunk Valuation, as well as analyze Splunk Alpha and Beta and Splunk Hype Analysis.
  
Splunk Long Term Debt to Equity is increasing as compared to previous years. The last year's value of Long Term Debt to Equity was reported at 14.09. The current Debt to Equity Ratio is estimated to increase to 15.20, while Total Debt is projected to decrease to under 2 M. Splunk Accrued Expenses Turnover is decreasing as compared to previous years. The last year's value of Accrued Expenses Turnover was reported at 7.88. The current Cash and Equivalents Turnover is estimated to increase to 1.94, while Return on Investment is projected to decrease to (34.10) .
At this time, it appears that Splunk's Piotroski F Score is Strong. 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..
7.0
Piotroski F Score - Strong
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 ChangeLower LeverageFocus
8
Change In Outstending SharesDecreaseFocus
9
Change in Gross MarginIncreaseFocus

Splunk Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Splunk is to make sure Splunk is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Splunk'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 Splunk's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares129.9 M162 M
Significantly Down
Increasing
Slightly volatile
Weighted Average Shares Diluted129.7 M161.6 M
Significantly Down
Increasing
Slightly volatile
Net Cash Flow from Operations103.7 M128 M
Significantly Down
Decreasing
Very volatile
Total Assets6.2 B5.8 B
Significantly Up
Increasing
Slightly volatile
Total LiabilitiesB5.6 B
Significantly Up
Increasing
Slightly volatile
Current Assets3.5 B3.3 B
Significantly Up
Increasing
Slightly volatile
Current Liabilities2.3 B2.1 B
Significantly Up
Increasing
Slightly volatile
Total DebtM2.1 M
Slightly Down
Decreasing
Slightly volatile
Gross Margin86.5772.5482
Fairly Up
Decreasing
Slightly volatile
Asset Turnover0.630.4586
Significantly Up
Decreasing
Slightly volatile

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

About Splunk 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

4.83

Splunk Book Value per Share is decreasing as compared to previous years. The last year's value of Book Value per Share was reported at 6.07

Splunk Current Valuation Drivers

We derive many important indicators used in calculating different scores of Splunk from analyzing Splunk's financial statements. These drivers represent accounts that assess Splunk's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Splunk's important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee(80.97 K)(62.63 K)(58.05 K)(139.31 K)(191.3 K)(206.4 K)
Revenue Per Employee397.12 K409.77 K406.71 K342.05 K381.95 K351.13 K
Earnings Before Interest Taxes and Depreciation Amortization EBITDA(231.79 M)(225.69 M)(260.54 M)(756.92 M)(1.11 B)(1.14 B)

Splunk ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Splunk's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Splunk's managers, analysts, and investors.
Environment Score
Governance Score
Social Score

About Splunk Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Splunk Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Splunk using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Splunk Inc 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.
Splunk Inc., together with its subsidiaries, provides software and cloud solutions that deliver and operationalize insights from the data generated by digital systems in the United States and internationally. Splunk Inc. was incorporated in 2003 and is headquartered in San Francisco, California. Splunk operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. It employs 7000 people.

Splunk Investors Sentiment

The influence of Splunk'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 Splunk. 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 Splunk's public news can be used to forecast risks associated with investment in Splunk. The trend in average sentiment can be used to explain how an investor holding Splunk can time the market purely based on public headlines and social activities around Splunk Inc. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Splunk'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 Splunk'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 Splunk's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Splunk.

Splunk Implied Volatility

    
  95.52  
Splunk's implied volatility exposes the market's sentiment of Splunk Inc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Splunk'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 Splunk stock will not fluctuate a lot when Splunk'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 Splunk 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, Splunk's short interest history, or implied volatility extrapolated from Splunk options trading.

Currently Active Assets on Macroaxis

Additionally, take a look at Splunk Altman Z Score, Splunk Correlation, Splunk Valuation, as well as analyze Splunk Alpha and Beta and Splunk Hype Analysis. Note that the Splunk Inc information on this page should be used as a complementary analysis to other Splunk'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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

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When running Splunk Inc price analysis, check to measure Splunk'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 Splunk is operating at the current time. Most of Splunk's value examination focuses on studying past and present price action to predict the probability of Splunk's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Splunk's price. Additionally, you may evaluate how the addition of Splunk to your portfolios can decrease your overall portfolio volatility.
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Is Splunk'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 Splunk. If investors know Splunk 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 Splunk listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
17.3 B
Quarterly Revenue Growth YOY
0.34
Return On Assets
-0.12
Return On Equity
-4.01
The market value of Splunk Inc is measured differently than its book value, which is the value of Splunk that is recorded on the company's balance sheet. Investors also form their own opinion of Splunk's value that differs from its market value or its book value, called intrinsic value, which is Splunk'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 Splunk's market value can be influenced by many factors that don't directly affect Splunk'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 Splunk's value and its price as these two are different measures arrived at by different means. Investors typically determine Splunk value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Splunk'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.