Kleangas Energy Tech Stock Piotroski F Score

This module uses fundamental data of Kleangas Energy to approximate its Piotroski F score. Kleangas Energy F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Kleangas Energy Tech. 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 Kleangas Energy financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Kleangas Energy Altman Z Score, Kleangas Energy Correlation, Kleangas Energy Valuation, as well as analyze Kleangas Energy Alpha and Beta and Kleangas Energy Hype Analysis.
  
Net Debt To EBITDA is likely to drop to -0.25 in 2024. Debt To Equity is likely to drop to -0.09 in 2024. At this time, Kleangas Energy's Graham Number is comparatively stable compared to the past year. Ebt Per Ebit is likely to gain to 1.73 in 2024, despite the fact that Free Cash Flow Yield is likely to grow to (0.16).
At this time, it appears that Kleangas Energy's 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

N/A

Focus
Current Quality of Earnings (accrual)

N/A

Focus
Asset Turnover Growth

Decrease

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

N/A

Focus
Change In Outstending Shares

N/A

Focus
Change in Gross Margin

No Change

Focus

Kleangas Energy Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Kleangas Energy is to make sure Kleangas is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Kleangas Energy'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 Kleangas Energy's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.50.57
Fairly Down
Slightly volatile
Total Current Liabilities2.1 M2.2 M
Notably Down
Slightly volatile
Total Current Assets2.7 K3.1 K
Fairly Down
Slightly volatile

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

About Kleangas Energy 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

(4.44E-4)

At this time, Kleangas Energy's Book Value Per Share is comparatively stable compared to the past year.

About Kleangas Energy Fundamental Analysis

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

Thematic Opportunities

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Additional Tools for Kleangas Stock Analysis

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