Codere Online Corp Stock Piotroski F Score

CDRO Stock  USD 7.37  0.26  3.66%   
This module uses fundamental data of Codere Online to approximate its Piotroski F score. Codere Online F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Codere Online Corp. 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 Codere Online financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Codere Online Altman Z Score, Codere Online Correlation, Codere Online Valuation, as well as analyze Codere Online Alpha and Beta and Codere Online Hype Analysis.
  
At this time, Codere Online's Net Debt To EBITDA is very stable compared to the past year. As of the 22nd of March 2025, Debt To Equity is likely to grow to 0.19, while Short and Long Term Debt Total is likely to drop about 4.2 M. At this time, Codere Online's Debt To Equity is very stable compared to the past year. As of the 22nd of March 2025, Capex Per Share is likely to grow to 0, while Price To Sales Ratio is likely to drop 1.03.
At this time, it appears that Codere Online's Piotroski F Score is Unavailable. 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..
4.0
Piotroski F Score - Unavailable
Current Return On Assets

Negative

Focus
Change in Return on Assets

Decreased

Focus
Cash Flow Return on Assets

Negative

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

No Change

Focus

Codere Online Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Codere Online is to make sure Codere is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Codere Online'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 Codere Online's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover2.11.92
Significantly Up
Slightly volatile
Gross Profit Margin0.660.86
Way Down
Slightly volatile
Total Current Liabilities33.2 M38.5 M
Fairly Down
Slightly volatile
Non Current Liabilities Total1.7 M1.8 M
Notably Down
Slightly volatile
Total Assets60.2 M79.7 M
Way Down
Slightly volatile
Total Current Assets58.4 M78.6 M
Way Down
Slightly volatile

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

About Codere Online 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

0.47

At this time, Codere Online's Book Value Per Share is very stable compared to the past year.

Codere Online 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, Codere Online's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Codere Online's managers, analysts, and investors.
Environmental
Governance
Social

About Codere Online Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Codere Online Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Codere Online using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Codere Online Corp 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.
When determining whether Codere Online Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Codere Online's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Codere Online Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Codere Online Corp Stock:
Check out Codere Online Altman Z Score, Codere Online Correlation, Codere Online Valuation, as well as analyze Codere Online Alpha and Beta and Codere Online Hype Analysis.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Hotels, Restaurants & Leisure 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 Codere Online. If investors know Codere 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 Codere Online listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.71)
Revenue Per Share
3.083
Quarterly Revenue Growth
0.456
Return On Assets
(0.32)
Return On Equity
(0.82)
The market value of Codere Online Corp is measured differently than its book value, which is the value of Codere that is recorded on the company's balance sheet. Investors also form their own opinion of Codere Online's value that differs from its market value or its book value, called intrinsic value, which is Codere Online'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 Codere Online's market value can be influenced by many factors that don't directly affect Codere Online'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 Codere Online's value and its price as these two are different measures arrived at by different means. Investors typically determine if Codere Online is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Codere Online'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.