Great Western Minerals Stock Piotroski F Score

This module uses fundamental data of Great Western to approximate its Piotroski F score. Great Western F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Great Western Minerals. 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 Great Western financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Great Western Altman Z Score, Great Western Correlation, Great Western Valuation, as well as analyze Great Western Alpha and Beta and Great Western Hype Analysis.
  
At this time, Great Western's Debt To Assets are most likely to increase slightly in the upcoming years. The Great Western's current Long Term Debt To Capitalization is estimated to increase to 1.02, while Net Debt To EBITDA is forecasted to increase to (2.23). At this time, Great Western's Payables Turnover is most likely to increase slightly in the upcoming years. The Great Western's current Average Inventory is estimated to increase to about 3.9 M, while PTB Ratio is forecasted to increase to (6.90).
At this time, it appears that Great Western's Piotroski F Score is Poor. 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 - Poor
Current Return On Assets

Negative

Focus
Change in Return on Assets

Increased

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

Higher Leverage

Focus
Change In Outstending Shares

N/A

Focus
Change in Gross Margin

No Change

Focus

Great Western Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Great Western is to make sure Great is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Great Western'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 Great Western's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.230.22
Sufficiently Up
Slightly volatile
Gross Profit Margin0.230.2556
Moderately Down
Slightly volatile
Total Current Liabilities9.4 M11 M
Fairly Down
Slightly volatile
Total Assets78.6 M83.3 M
Notably Down
Pretty Stable
Total Current Assets41.1 M38.6 M
Notably Up
Very volatile

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

About Great Western 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

(0.0129)

At this time, Great Western's Book Value Per Share is most likely to slightly decrease in the upcoming years.

About Great Western Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Great Western Minerals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Great Western using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Great Western Minerals 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 Great Western Minerals is a strong investment it is important to analyze Great Western's 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 Great Western's future performance. For an informed investment choice regarding Great Stock, refer to the following important reports:
Is Diversified Metals & Mining 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 Great Western. If investors know Great 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 Great Western listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share
0.059
Quarterly Revenue Growth
0.542
Return On Assets
(0.13)
The market value of Great Western Minerals is measured differently than its book value, which is the value of Great that is recorded on the company's balance sheet. Investors also form their own opinion of Great Western's value that differs from its market value or its book value, called intrinsic value, which is Great Western'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 Great Western's market value can be influenced by many factors that don't directly affect Great Western'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 Great Western's value and its price as these two are different measures arrived at by different means. Investors typically determine if Great Western is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Great Western'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.