Gogoro Equity Warrant Stock Piotroski F Score

GGROW Stock  USD 0.02  0.0002  1.00%   
This module uses fundamental data of Gogoro Equity to approximate its Piotroski F score. Gogoro Equity F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Gogoro Equity Warrant. 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 Gogoro Equity financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Gogoro Equity Altman Z Score, Gogoro Equity Correlation, Gogoro Equity Valuation, as well as analyze Gogoro Equity Alpha and Beta and Gogoro Equity Hype Analysis.
  
At this time, Gogoro Equity's Short and Long Term Debt is fairly stable compared to the past year. Short Term Debt is likely to climb to about 102.4 M in 2025, whereas Net Debt is likely to drop slightly above 224.1 M in 2025. At this time, Gogoro Equity's Current Ratio is fairly stable compared to the past year. Tangible Book Value Per Share is likely to climb to 1.86 in 2025, whereas Days Sales Outstanding is likely to drop 12.64 in 2025.
At this time, it appears that Gogoro Equity's Piotroski F Score is Strong. 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..
7.0
Piotroski F Score - Strong
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

Increase

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

Increase

Focus

Gogoro Equity Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Gogoro Equity is to make sure Gogoro is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Gogoro Equity'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 Gogoro Equity's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.530.48
Significantly Up
Slightly volatile
Gross Profit Margin0.20.17
Fairly Up
Slightly volatile
Net Debt224.1 M306.4 M
Way Down
Slightly volatile
Total Current Liabilities226.1 M192.6 M
Fairly Up
Pretty Stable
Non Current Liabilities Total337.2 M427.2 M
Significantly Down
Slightly volatile
Total Assets883.9 M959.4 M
Significantly Down
Slightly volatile
Total Current Assets274.8 M239.5 M
Fairly Up
Slightly volatile

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

About Gogoro Equity 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

1.87

At this time, Gogoro Equity's Book Value Per Share is fairly stable compared to the past year.

About Gogoro Equity Fundamental Analysis

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

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