India Globalization Capital Stock Piotroski F Score

IGC Stock  USD 0.37  0.01  2.63%   
This module uses fundamental data of India Globalization to approximate its Piotroski F score. India Globalization F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of India Globalization Capital. 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 India Globalization financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out India Globalization Altman Z Score, India Globalization Correlation, India Globalization Valuation, as well as analyze India Globalization Alpha and Beta and India Globalization Hype Analysis.
  
As of December 1, 2024, Short and Long Term Debt Total is expected to decline to about 327.8 K. In addition to that, Net Debt is expected to decline to about (895.6 K). At present, India Globalization's Average Payables is projected to decrease significantly based on the last few years of reporting. The current year's Stock Based Compensation To Revenue is expected to grow to 1.38, whereas Price To Sales Ratio is forecasted to decline to 12.55.
At this time, it appears that India Globalization's Piotroski F Score is Healthy. 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..
5.0
Piotroski F Score - Healthy
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

Lower Leverage

Focus
Change In Outstending Shares

Increase

Focus
Change in Gross Margin

Increase

Focus

India Globalization Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to India Globalization is to make sure India is not a subject of accounting manipulations and runs a healthy internal audit department. So, if India Globalization'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 India Globalization's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.210.1358
Way Up
Slightly volatile
Total Current Liabilities3.3 M2.3 M
Significantly Up
Pretty Stable
Non Current Liabilities Total228.9 K241 K
Notably Down
Slightly volatile
Total Assets9.4 M9.9 M
Notably Down
Slightly volatile
Total Current Assets3.5 M3.7 M
Notably Down
Pretty Stable

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

About India Globalization 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

61.78 Million

At present, India Globalization's Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting.

About India Globalization Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze India Globalization Capital's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of India Globalization using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of India Globalization Capital 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether India Globalization offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of India Globalization'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 India Globalization Capital Stock. Outlined below are crucial reports that will aid in making a well-informed decision on India Globalization Capital Stock:
Check out India Globalization Altman Z Score, India Globalization Correlation, India Globalization Valuation, as well as analyze India Globalization Alpha and Beta and India Globalization Hype Analysis.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Trading Companies & Distributors 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 India Globalization. If investors know India 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 India Globalization listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.20)
Revenue Per Share
0.017
Quarterly Revenue Growth
(0.51)
Return On Assets
(0.48)
Return On Equity
(1.26)
The market value of India Globalization is measured differently than its book value, which is the value of India that is recorded on the company's balance sheet. Investors also form their own opinion of India Globalization's value that differs from its market value or its book value, called intrinsic value, which is India Globalization'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 India Globalization's market value can be influenced by many factors that don't directly affect India Globalization'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 India Globalization's value and its price as these two are different measures arrived at by different means. Investors typically determine if India Globalization is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, India Globalization'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.