Mkdwell Tech Ordinary Stock Piotroski F Score

MKDW Stock   0.96  0.04  4.00%   
This module uses fundamental data of MKDWELL Tech to approximate its Piotroski F score. MKDWELL Tech F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of MKDWELL Tech Ordinary. 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 MKDWELL Tech financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out MKDWELL Tech Altman Z Score, MKDWELL Tech Correlation, MKDWELL Tech Valuation, as well as analyze MKDWELL Tech Alpha and Beta and MKDWELL Tech Hype Analysis.
  
At this time, MKDWELL Tech's Debt To Equity is fairly stable compared to the past year. Long Term Debt To Capitalization is likely to climb to 0.94 in 2024, whereas Net Debt is likely to drop slightly above 5.1 M in 2024.
At this time, it appears that MKDWELL Tech's Piotroski F Score is Frail. 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..
3.0
Piotroski F Score - Frail
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

No Change

Focus

MKDWELL Tech Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to MKDWELL Tech is to make sure MKDWELL is not a subject of accounting manipulations and runs a healthy internal audit department. So, if MKDWELL Tech'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 MKDWELL Tech's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.30.4003
Way Down
Slightly volatile
Gross Profit Margin0.180.1835
Fairly Down
Slightly volatile
Net Debt5.1 M5.5 M
Notably Down
Slightly volatile
Total Current Liabilities4.3 M6.1 M
Way Down
Slightly volatile
Non Current Liabilities Total2.4 M2.8 M
Fairly Down
Slightly volatile
Total Assets7.2 M9.2 M
Significantly Down
Slightly volatile
Total Current Assets2.5 M2.7 M
Significantly Down
Pretty Stable

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

About MKDWELL Tech 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

0.0286

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

About MKDWELL Tech Fundamental Analysis

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

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