Plum Acquisition Corp Stock Piotroski F Score

PLMJW Stock   0.20  0.01  4.76%   
This module uses fundamental data of Plum Acquisition to approximate its Piotroski F score. Plum Acquisition F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Plum Acquisition Corp. 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 Plum Acquisition financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Plum Acquisition Altman Z Score, Plum Acquisition Correlation, Plum Acquisition Valuation, as well as analyze Plum Acquisition Alpha and Beta and Plum Acquisition Hype Analysis.
  
Net Debt is likely to drop to about (877.7 K) in 2024. Net Debt To EBITDA is likely to drop to -0.08 in 2024.
At this time, it appears that Plum Acquisition's Piotroski F Score is Healthy. 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..
5.0
Piotroski F Score - Healthy
Current Return On Assets

Positive

Focus
Change in Return on Assets

Increased

Focus
Cash Flow Return on Assets

Negative

Focus
Current Quality of Earnings (accrual)

Decreasing

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

Plum Acquisition Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Plum Acquisition is to make sure Plum is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Plum Acquisition'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 Plum Acquisition's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.06940.0661
Sufficiently Up
Slightly volatile
Total Current Liabilities765805
Notably Down
Pretty Stable
Non Current Liabilities Total687.4 K723.5 K
Notably Down
Slightly volatile
Total Assets194.7 M157.6 M
Fairly Up
Slightly volatile
Total Current Assets238.3 K250.9 K
Notably Down
Slightly volatile

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

About Plum Acquisition 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

7.39

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

About Plum Acquisition Fundamental Analysis

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

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