Canada Rare Earth Stock Piotroski F Score

LL Stock  CAD 0.02  0.01  33.33%   
This module uses fundamental data of Canada Rare to approximate its Piotroski F score. Canada Rare F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Canada Rare Earth. 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 Canada Rare financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Canada Rare Earth. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
  
At this time, Canada Rare's Net Debt is fairly stable compared to the past year. Interest Debt Per Share is likely to climb to 0.01 in 2024, whereas Short Term Debt is likely to drop slightly above 424.2 K in 2024. At this time, Canada Rare's POCF Ratio is fairly stable compared to the past year. Capex To Operating Cash Flow is likely to climb to 0.000006 in 2024, despite the fact that PTB Ratio is likely to grow to (3.52).
At this time, it appears that Canada Rare's Piotroski F Score is Inapplicable. 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 - Inapplicable
Current Return On Assets

Negative

Focus
Change in Return on Assets

Increased

Focus
Cash Flow Return on Assets

Positive

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

Decrease

Focus
Change in Gross Margin

Increase

Focus

Canada Rare Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Canada Rare is to make sure Canada is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Canada Rare'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 Canada Rare's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.520.4996
Sufficiently Up
Slightly volatile
Gross Profit Margin0.260.2534
Fairly Up
Slightly volatile
Total Current Liabilities2.9 M2.8 M
Sufficiently Up
Slightly volatile
Total Assets2.9 M3.1 M
Notably Down
Slightly volatile
Total Current Assets2.1 MM
Sufficiently Up
Very volatile

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

About Canada Rare 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

(0.006403)

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

Canada Rare Current Valuation Drivers

We derive many important indicators used in calculating different scores of Canada Rare from analyzing Canada Rare's financial statements. These drivers represent accounts that assess Canada Rare's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Canada Rare's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap9.4M24.0M14.3M10.5M5.3M7.4M
Enterprise Value10.0M23.8M14.3M11.5M5.8M7.2M

About Canada Rare Fundamental Analysis

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

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Canada Stock Analysis

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