Cenntro Electric Group Stock Piotroski F Score

CENN Stock  USD 1.30  0.11  9.24%   
This module uses fundamental data of Cenntro Electric to approximate its Piotroski F score. Cenntro Electric F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Cenntro Electric Group. 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 Cenntro Electric financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Cenntro Electric Altman Z Score, Cenntro Electric Correlation, Cenntro Electric Valuation, as well as analyze Cenntro Electric Alpha and Beta and Cenntro Electric Hype Analysis.
  
At this time, Cenntro Electric's Net Debt is very stable compared to the past year. As of the 2nd of December 2024, Short Term Debt is likely to grow to about 12.5 M, while Short and Long Term Debt Total is likely to drop about 15.9 M. At this time, Cenntro Electric's Income Quality is very stable compared to the past year. As of the 2nd of December 2024, Current Ratio is likely to grow to 4.26, while Price To Sales Ratio is likely to drop 1.89.
At this time, it appears that Cenntro Electric'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..
3.0
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

Decrease

Focus
Current Ratio Change

Increase

Focus
Long Term Debt Over Assets Change

N/A

Focus
Change In Outstending Shares

Increase

Focus
Change in Gross Margin

No Change

Focus

Cenntro Electric Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Cenntro Electric is to make sure Cenntro is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Cenntro Electric'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 Cenntro Electric's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.110.119
Significantly Down
Very volatile
Total Current Liabilities24.5 M29.3 M
Fairly Down
Slightly volatile
Non Current Liabilities Total36.1 M34.4 M
Sufficiently Up
Slightly volatile
Total Assets96.8 M185.5 M
Way Down
Slightly volatile
Total Current Assets72.7 M104.9 M
Way Down
Slightly volatile

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

About Cenntro Electric 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

3.81

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

Cenntro Electric Current Valuation Drivers

We derive many important indicators used in calculating different scores of Cenntro Electric from analyzing Cenntro Electric's financial statements. These drivers represent accounts that assess Cenntro Electric's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Cenntro Electric's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap203.9K2.0M244.0K115.9M43.8M46.0M
Enterprise Value(1.2M)15.1M18.6M28.0M45.5M47.7M

About Cenntro Electric Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Cenntro Electric Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cenntro Electric using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cenntro Electric Group 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 Cenntro Electric offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cenntro Electric'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 Cenntro Electric Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cenntro Electric Group Stock:
Check out Cenntro Electric Altman Z Score, Cenntro Electric Correlation, Cenntro Electric Valuation, as well as analyze Cenntro Electric Alpha and Beta and Cenntro Electric Hype Analysis.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Automotive Parts & Equipment 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 Cenntro Electric. If investors know Cenntro 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 Cenntro Electric listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.32)
Revenue Per Share
1.2
Quarterly Revenue Growth
1.903
Return On Assets
(0.15)
Return On Equity
(0.35)
The market value of Cenntro Electric is measured differently than its book value, which is the value of Cenntro that is recorded on the company's balance sheet. Investors also form their own opinion of Cenntro Electric's value that differs from its market value or its book value, called intrinsic value, which is Cenntro Electric'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 Cenntro Electric's market value can be influenced by many factors that don't directly affect Cenntro Electric'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 Cenntro Electric's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cenntro Electric is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cenntro Electric'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.