Mercurity Fintech Holding Stock Piotroski F Score

MFH Stock  USD 6.10  1.19  16.32%   
This module uses fundamental data of Mercurity Fintech to approximate its Piotroski F score. Mercurity Fintech F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Mercurity Fintech Holding. 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 Mercurity Fintech financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Mercurity Fintech Altman Z Score, Mercurity Fintech Correlation, Mercurity Fintech Valuation, as well as analyze Mercurity Fintech Alpha and Beta and Mercurity Fintech Hype Analysis.
  
As of now, Mercurity Fintech's Total Debt To Capitalization is increasing as compared to previous years. The Mercurity Fintech's current Debt Equity Ratio is estimated to increase to 0.48, while Short and Long Term Debt Total is projected to decrease to under 9.2 M. As of now, Mercurity Fintech's Capex To Depreciation is increasing as compared to previous years. The Mercurity Fintech's current PB Ratio is estimated to increase to 7.02, while Price To Sales Ratio is projected to decrease to 253.92.
At this time, it appears that Mercurity Fintech'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

Decreased

Focus
Cash Flow Return on Assets

Negative

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Decrease

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

Mercurity Fintech Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Mercurity Fintech is to make sure Mercurity is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Mercurity Fintech'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 Mercurity Fintech's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.01390.0147
Notably Down
Pretty Stable
Total Current Liabilities22.1 M12.3 M
Way Up
Slightly volatile
Total Assets60.5 M30.4 M
Way Up
Pretty Stable
Total Current Assets24.9 M23.7 M
Sufficiently Up
Very volatile

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

About Mercurity Fintech 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

43.55 Million

As of now, Mercurity Fintech's Common Stock Shares Outstanding is decreasing as compared to previous years.

Mercurity Fintech Current Valuation Drivers

We derive many important indicators used in calculating different scores of Mercurity Fintech from analyzing Mercurity Fintech's financial statements. These drivers represent accounts that assess Mercurity Fintech's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Mercurity Fintech's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap1.4B8.2B30.8M16.1M18.5M17.6M
Enterprise Value8.7B8.2B30.4M9.6M11.0M10.5M

Mercurity Fintech ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Mercurity Fintech's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Mercurity Fintech's managers, analysts, and investors.
Environmental
Governance
Social

About Mercurity Fintech Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Mercurity Fintech Holding's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mercurity Fintech using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mercurity Fintech Holding 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 Mercurity Fintech Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mercurity Fintech'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 Mercurity Fintech Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mercurity Fintech Holding Stock:
Is Application Software 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 Mercurity Fintech. If investors know Mercurity 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 Mercurity Fintech 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
0.01
Quarterly Revenue Growth
1.485
Return On Assets
(0.21)
Return On Equity
(0.54)
The market value of Mercurity Fintech Holding is measured differently than its book value, which is the value of Mercurity that is recorded on the company's balance sheet. Investors also form their own opinion of Mercurity Fintech's value that differs from its market value or its book value, called intrinsic value, which is Mercurity Fintech'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 Mercurity Fintech's market value can be influenced by many factors that don't directly affect Mercurity Fintech'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 Mercurity Fintech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mercurity Fintech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mercurity Fintech'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.