Magna Mining Stock Piotroski F Score

NICU Stock   1.42  0.01  0.71%   
This module uses fundamental data of Magna Mining to approximate its Piotroski F score. Magna Mining F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Magna Mining. 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 Magna Mining 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 Magna Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
  
At this time, Magna Mining's Debt To Equity is fairly stable compared to the past year. Interest Debt Per Share is likely to climb to 0 in 2024, whereas Short and Long Term Debt is likely to drop slightly above 32.3 K in 2024. At this time, Magna Mining's PTB Ratio is fairly stable compared to the past year. PB Ratio is likely to climb to 14.72 in 2024, whereas Free Cash Flow Yield is likely to drop (0.12) in 2024.
At this time, it appears that Magna Mining'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..
3.0
Piotroski F Score - Inapplicable
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

No Change

Focus
Current Ratio Change

Increase

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

No Change

Focus

Magna Mining Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Magna Mining is to make sure Magna is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Magna Mining'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 Magna Mining's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Total Current Liabilities2.4 M4.6 M
Way Down
Slightly volatile
Non Current Liabilities Total840.4 K845.6 K
Slightly Down
Slightly volatile
Total Assets8.3 M12.8 M
Way Down
Slightly volatile
Total Current Assets12.5 M11.9 M
Sufficiently Up
Slightly volatile

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

About Magna Mining 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

0.0331

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

Magna Mining Current Valuation Drivers

We derive many important indicators used in calculating different scores of Magna Mining from analyzing Magna Mining's financial statements. These drivers represent accounts that assess Magna Mining's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Magna Mining's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Enterprise Value776.0K34.8M19.6M68.3M79.3M83.3M

About Magna Mining Fundamental Analysis

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

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