Ecarx Holdings Class Stock Piotroski F Score

ECX Stock   2.00  0.14  7.53%   
This module uses fundamental data of ECARX Holdings to approximate its Piotroski F score. ECARX Holdings F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of ECARX Holdings Class. 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 ECARX Holdings financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out ECARX Holdings Altman Z Score, ECARX Holdings Correlation, ECARX Holdings Valuation, as well as analyze ECARX Holdings Alpha and Beta and ECARX Holdings Hype Analysis.
  
At this time, ECARX Holdings' Short and Long Term Debt is fairly stable compared to the past year. Long Term Debt is likely to rise to about 492.6 M in 2024, whereas Short and Long Term Debt Total is likely to drop slightly above 1.5 B in 2024. At this time, ECARX Holdings' Stock Based Compensation To Revenue is fairly stable compared to the past year. Research And Ddevelopement To Revenue is likely to rise to 0.37 in 2024, whereas Price To Sales Ratio is likely to drop 1.54 in 2024.
At this time, it appears that ECARX Holdings' Piotroski F Score is Very Weak. 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..
1.0
Piotroski F Score - Very Weak
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)

Decreasing

Focus
Asset Turnover Growth

Decrease

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

Higher Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

No Change

Focus

ECARX Holdings Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to ECARX Holdings is to make sure ECARX is not a subject of accounting manipulations and runs a healthy internal audit department. So, if ECARX 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 ECARX Holdings' financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.71.0934
Way Down
Pretty Stable
Gross Profit Margin0.220.2722
Significantly Down
Slightly volatile
Net Debt721.8 M1.2 B
Way Down
Slightly volatile
Total Current Liabilities3.9 B4.2 B
Significantly Down
Slightly volatile
Non Current Liabilities Total1.6 B886.6 M
Way Up
Pretty Stable
Total Assets4.1 B4.3 B
Sufficiently Down
Slightly volatile
Total Current Assets3.1 B3.3 B
Sufficiently Down
Slightly volatile

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

About ECARX 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.

Common Stock Shares Outstanding

250.3 Million

At this time, ECARX Holdings' Common Stock Shares Outstanding is fairly stable compared to the past year.

About ECARX Holdings Fundamental Analysis

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

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Additional Tools for ECARX Stock Analysis

When running ECARX Holdings' price analysis, check to measure ECARX Holdings' 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 ECARX Holdings is operating at the current time. Most of ECARX Holdings' value examination focuses on studying past and present price action to predict the probability of ECARX Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ECARX Holdings' price. Additionally, you may evaluate how the addition of ECARX Holdings to your portfolios can decrease your overall portfolio volatility.