Note1: analysis is about STHHF! Note 2 : do'nt shoot the messenger
'Steinhoff International is out of control asset. Analysis and calculation of next after-hype price of Steinhoff International is based on 3 months time horizon'.
Managementperformance
'The success or failure of an entity such as Steinhoff International often depends on how effective the management is. Steinhoff International management team is responsible for propelling the future growth in the right direction and administering and controlling the business activities and accounting for the results. Ineffective management usually contributes to failure in the company's future performance for all stakeholders equally, but most importantly, for investors. So it is important to measure the effectiveness of Steinhoff management before purchasing its stock. In many ways, it's all about finding the answer to one important question - Are they doing the right thing right now? How would we assess whether the Steinhoff management is utilizing all available resources in the best possible way?'
'For example, before you start analyzing numbers published by Steinhoff accountants, it's critical to develop an understanding of what Steinhoff International's liquidity, profitability, and earnings quality are in the context of the Consumer Cyclical space in which it operates.
Please note, the presentation of Steinhoff International's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Steinhoff International's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Steinhoff International's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Steinhoff International Holdings. Please utilize our Beneiz M score to check the likelihood of Steinhoff International's management to manipulate its earnings'. https://www.macroaxis.com/invest/ratio/STHHF/Beneish-M-Score
'This module uses fundamental data of Steinhoff International to approximate the value of its Beneish M Score. Steinhoff International M Score tells investors if the company management is likely to be manipulating earnings. The score is calculated using eight financial indicators that are adjusted by a specific multiplier. Please note, the M Score is a probabilistic model and cannot detect companies that manipulate their earnings with 100% accuracy.
At this time, Steinhoff International's M Score is inapplicable. The earnings manipulation may begin if Steinhoff International's top management creates an artificial sense of financial success, forcing the stock price to be traded at a high price-earnings multiple than it should be. In general, excessive earnings management by Steinhoff International executives may lead to removing some of the operating profits from subsequent periods to inflate earnings in the following periods.This way, the manipulation of Steinhoff International's earnings can lead to misrepresentations of actual financial condition, taking the otherwise loyal stakeholders on to the path of questionable ethical practices and plain fraud'.
'Please note, there is a significant difference between Steinhoff International's value and its price as these two are different measures arrived at by different means. Investors typically determine Steinhoff International value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Steinhoff International'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'.
https://www.macroaxis.com/invest/ratio/STHHF/Piotroski-F-Score
'At this time, it appears that Steinhoff International's Piotroski F Score is Inapplicable. Although some professional money managers and academia have recently criticized Piotroski F Score imodel, 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..
'This module uses fundamental data of Steinhoff International to approximate its Piotroski F score. Steinhoff International F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Steinhoff International 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 Steinhoff International financial position does not get reflected in the current market share price suggesting a possibility of arbitrage.
Steinhoff International Piotroski F Score Drivers'The critical factor to consider when applying the Piotroski F Score to Steinhoff International is to make sure Steinhoff is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Steinhoff International'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 Steinhoff International's financial numbers are properly reported'. 'Steinhoff International historical daily return volatility represents how much of Steinhoff International pink sheet's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company shows 16.7892% volatility of returns over 90 . By contrast, NYSE Composite accepts 0.8931% volatility on return distribution over the 90 days horizon'.
'If you would invest 15.00 in Steinhoff International Holdings on January 16, 2023 and sell it today you would lose (14.97) from holding Steinhoff International Holdings or give up 99.8% of portfolio value over 90 days. Steinhoff International Holdings is currently producing negative expected returns and takes up 16.7892% volatility of returns over 90 trading days'.
'Assuming the 90 days horizon Steinhoff International is expected to under-perform the market. In addition to that, the company is 18.8 times more volatile than its market benchmark. It trades about -0.18 of its total potential returns per unit of risk. The NYSE Composite is currently generating roughly -0.03 per unit of volatility'.
'Based on monthly moving average Steinhoff International is performing at about 0% of its full potential.' 'The big decline in price over the last few months for Steinhoff International created some momentum for stockholders as it was traded today as low as 3.0E-4 and as high as 3.0E-4 per share.
The company directors and management failed to add value to investors and position the company supply of money to exploit market volatility in March.
However, diversifying your holdings with Steinhoff International Holdings or similar stocks can still protect your portfolios during high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently 16.79. The very high volatility is mostly attributed to the latest market swings and not very good earnings reports from some of the Steinhoff International partners'.
'Steinhoff International's profitability indicators refer to fundamental financial ratios that showcase Steinhoff International's ability to generate income relative to its revenue or operating costs. If, let's say, Steinhoff International is currently losing money, the management's focus should be on how to reverse that trend'. 'Over the last 90 days Steinhoff International Holdings has generated negative risk-adjusted returns adding no value to investors with long positions. Despite weak performance in the last few months, the Stock's technical indicators remain nearly stable which may send shares a bit higher in May 2023. The current disturbance may also be a sign of long-run up-swing for the company stockholders'.
'Steinhoff International Holdings has accumulated about 1.14 B in cash with (730 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.27, which can makes it an attractive takeover target, given it will continue generating positive cash flow'.
'The median price of Steinhoff International for the period between Mon, Jan 16, 2023 and Sun, Apr 16, 2023 is 0.15 with a coefficient of variation of 59.26. The daily time series for the period is distributed with a sample standard deviation of 0.07, arithmetic mean of 0.11, and mean deviation of 0.06. The Stock did not receive any noticable media coverage during the period'.Media coverage
https://www.macroaxis.com/technical-analysis/...nternational-Holdings
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