Polestar Automotive Holding Stock Piotroski F Score

PSNYW Stock  USD 0.14  0.01  6.67%   
This module uses fundamental data of Polestar Automotive to approximate its Piotroski F score. Polestar Automotive F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Polestar Automotive 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 Polestar Automotive financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Polestar Automotive Altman Z Score, Polestar Automotive Correlation, Polestar Automotive Valuation, as well as analyze Polestar Automotive Alpha and Beta and Polestar Automotive Hype Analysis.
  
At this time, Polestar Automotive's Short and Long Term Debt Total is fairly stable compared to the past year. Net Debt is likely to climb to about 2.9 B in 2024, whereas Short and Long Term Debt is likely to drop slightly above 1.3 B in 2024. At this time, Polestar Automotive's Days Of Inventory On Hand is fairly stable compared to the past year. Payables Turnover is likely to climb to 7.96 in 2024, despite the fact that PTB Ratio is likely to grow to (3.57).
At this time, it appears that Polestar Automotive'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..
2.0
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)

Decreasing

Focus
Asset Turnover Growth

Decrease

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Increase

Focus
Change in Gross Margin

Increase

Focus

Polestar Automotive Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Polestar Automotive is to make sure Polestar is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Polestar Automotive'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 Polestar Automotive's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.30.5771
Way Down
Slightly volatile
Net Debt2.9 B2.8 B
Sufficiently Up
Slightly volatile
Total Current Liabilities2.8 B3.5 B
Significantly Down
Slightly volatile
Non Current Liabilities TotalB1.9 B
Sufficiently Up
Slightly volatile
Total Assets3.4 B4.1 B
Significantly Down
Slightly volatile
Total Current Assets1.7 B2.3 B
Way Down
Slightly volatile

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

About Polestar Automotive 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

(0.57)

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

About Polestar Automotive Fundamental Analysis

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

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Additional Tools for Polestar Stock Analysis

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