Nano Nuclear Energy Stock Piotroski F Score

NNE Stock   30.19  0.73  2.36%   
This module uses fundamental data of Nano Nuclear to approximate its Piotroski F score. Nano Nuclear F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Nano Nuclear Energy. 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 Nano Nuclear financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Nano Nuclear Altman Z Score, Nano Nuclear Correlation, Nano Nuclear Valuation, as well as analyze Nano Nuclear Alpha and Beta and Nano Nuclear Hype Analysis.
  
The current year's Net Debt is expected to grow to about (22.7 M). In addition to that, Short and Long Term Debt Total is expected to decline to about 1.5 M. At present, Nano Nuclear's EV To Free Cash Flow is projected to increase significantly based on the last few years of reporting. The current year's Current Ratio is expected to grow to 23.50, whereas Income Quality is forecasted to decline to 0.54.
At this time, it appears that Nano Nuclear's Piotroski F Score is Unavailable. 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 - Unavailable
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

N/A

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

No Change

Focus

Nano Nuclear Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Nano Nuclear is to make sure Nano is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Nano Nuclear'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 Nano Nuclear's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Total Current Liabilities2.2 M2.1 M
Sufficiently Up
Slightly volatile
Total Assets42.4 M40.4 M
Sufficiently Up
Slightly volatile
Total Current Assets35.4 M33.7 M
Sufficiently Up
Slightly volatile

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

About Nano Nuclear 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

32.21 Million

At present, Nano Nuclear's Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting.

About Nano Nuclear Fundamental Analysis

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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Nano Nuclear Energy is a strong investment it is important to analyze Nano Nuclear's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Nano Nuclear's future performance. For an informed investment choice regarding Nano Stock, refer to the following important reports:
Check out Nano Nuclear Altman Z Score, Nano Nuclear Correlation, Nano Nuclear Valuation, as well as analyze Nano Nuclear Alpha and Beta and Nano Nuclear Hype Analysis.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Is Heavy Electrical Equipment 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 Nano Nuclear. If investors know Nano 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 Nano Nuclear listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.31)
The market value of Nano Nuclear Energy is measured differently than its book value, which is the value of Nano that is recorded on the company's balance sheet. Investors also form their own opinion of Nano Nuclear's value that differs from its market value or its book value, called intrinsic value, which is Nano Nuclear'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 Nano Nuclear's market value can be influenced by many factors that don't directly affect Nano Nuclear'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 Nano Nuclear's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nano Nuclear is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nano Nuclear'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.