Brooge Holdings Stock Piotroski F Score

BROG Stock  USD 1.32  0.07  5.04%   
This module uses fundamental data of Brooge Holdings to approximate its Piotroski F score. Brooge Holdings F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Brooge 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 Brooge Holdings financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Brooge Holdings Altman Z Score, Brooge Holdings Correlation, Brooge Holdings Valuation, as well as analyze Brooge Holdings Alpha and Beta and Brooge Holdings Hype Analysis.
For more detail on how to invest in Brooge Stock please use our How to Invest in Brooge Holdings guide.
  
At this time, Brooge Holdings' Short Term Debt is most likely to increase significantly in the upcoming years. The Brooge Holdings' current Net Debt is estimated to increase to about 210.3 M, while Short and Long Term Debt Total is projected to decrease to roughly 233.4 M. At this time, Brooge Holdings' PB Ratio is most likely to increase significantly in the upcoming years. The Brooge Holdings' current Free Cash Flow Per Share is estimated to increase to 0.34, while Days Sales Outstanding is projected to decrease to 6.20.
At this time, it appears that Brooge Holdings' 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
Current Return On Assets

Negative

Focus
Change in Return on Assets

Decreased

Focus
Cash Flow Return on Assets

Positive

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Increase

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

Increase

Focus

Brooge Holdings Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Brooge Holdings is to make sure Brooge is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Brooge Holdings' 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 Brooge Holdings' financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.220.2175
Fairly Up
Slightly volatile
Net Debt210.3 M153.8 M
Significantly Up
Slightly volatile
Total Current Liabilities197 M342.6 M
Way Down
Slightly volatile
Total Assets401.2 M486 M
Significantly Down
Slightly volatile
Total Current Assets18 M22.2 M
Significantly Down
Slightly volatile

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

About Brooge Holdings 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

0.78

At this time, Brooge Holdings' Book Value Per Share is most likely to increase slightly in the upcoming years.

Brooge Holdings Current Valuation Drivers

We derive many important indicators used in calculating different scores of Brooge Holdings from analyzing Brooge Holdings' financial statements. These drivers represent accounts that assess Brooge Holdings' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Brooge Holdings' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap708.7M903.2M809.9M471.0M541.6M842.5M
Enterprise Value992.7M808.4M1.1B1.1B967.6M796.2M

About Brooge Holdings Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Brooge Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Brooge Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Brooge 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.

Currently Active Assets on Macroaxis

When determining whether Brooge Holdings is a strong investment it is important to analyze Brooge Holdings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Brooge Holdings' future performance. For an informed investment choice regarding Brooge Stock, refer to the following important reports:
Check out Brooge Holdings Altman Z Score, Brooge Holdings Correlation, Brooge Holdings Valuation, as well as analyze Brooge Holdings Alpha and Beta and Brooge Holdings Hype Analysis.
For more detail on how to invest in Brooge Stock please use our How to Invest in Brooge Holdings guide.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Oil & Gas Storage & Transportation space 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 Brooge Holdings. If investors know Brooge 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 Brooge Holdings 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
8.596
Earnings Share
(0.55)
Revenue Per Share
1.203
Quarterly Revenue Growth
(0.20)
Return On Assets
0.0363
The market value of Brooge Holdings is measured differently than its book value, which is the value of Brooge that is recorded on the company's balance sheet. Investors also form their own opinion of Brooge Holdings' value that differs from its market value or its book value, called intrinsic value, which is Brooge Holdings' 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 Brooge Holdings' market value can be influenced by many factors that don't directly affect Brooge Holdings' 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 Brooge Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Brooge Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brooge Holdings' 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.