Wimi Hologram Cloud Stock Piotroski F Score

WIMI Stock  USD 0.89  0.38  29.92%   
This module uses fundamental data of WiMi Hologram to approximate its Piotroski F score. WiMi Hologram F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of WiMi Hologram Cloud. 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 WiMi Hologram financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out WiMi Hologram Altman Z Score, WiMi Hologram Correlation, WiMi Hologram Valuation, as well as analyze WiMi Hologram Alpha and Beta and WiMi Hologram Hype Analysis.
  
As of now, WiMi Hologram's Long Term Debt is decreasing as compared to previous years. The WiMi Hologram's current Cash Flow To Debt Ratio is estimated to increase to 2.14, while Short and Long Term Debt Total is projected to decrease to under 42.7 M. As of now, WiMi Hologram's Free Cash Flow Per Share is decreasing as compared to previous years. The WiMi Hologram's current Days Of Inventory On Hand is estimated to increase to 0.000001, while Price To Sales Ratio is projected to decrease to 0.94.
At this time, it appears that WiMi Hologram'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..
6.0
Piotroski F Score - Healthy
Current Return On Assets

Negative

Focus
Change in Return on Assets

Increased

Focus
Cash Flow Return on Assets

Positive

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Decrease

Focus
Current Ratio Change

Increase

Focus
Long Term Debt Over Assets Change

Higher Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

Increase

Focus

WiMi Hologram Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to WiMi Hologram is to make sure WiMi is not a subject of accounting manipulations and runs a healthy internal audit department. So, if WiMi Hologram'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 WiMi Hologram's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.420.51
Significantly Down
Slightly volatile
Gross Profit Margin0.430.34
Significantly Up
Slightly volatile
Total Current Liabilities137.3 M268.5 M
Way Down
Pretty Stable
Non Current Liabilities Total30.8 M32.4 M
Notably Down
Slightly volatile
Total AssetsB1.2 B
Fairly Down
Slightly volatile
Total Current Assets549.2 M986.4 M
Way Down
Slightly volatile

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

About WiMi Hologram 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

3.87

As of now, WiMi Hologram's Book Value Per Share is increasing as compared to previous years.

WiMi Hologram Current Valuation Drivers

We derive many important indicators used in calculating different scores of WiMi Hologram from analyzing WiMi Hologram's financial statements. These drivers represent accounts that assess WiMi Hologram's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of WiMi Hologram's important valuation drivers and their relationship over time.
202020212022202320242025 (projected)
Market Cap4.9B3.2B877.8M1.0B1.2B1.1B
Enterprise Value4.6B2.6B349.1M714.7M821.9M780.8M

About WiMi Hologram Fundamental Analysis

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

Currently Active Assets on Macroaxis

When determining whether WiMi Hologram Cloud offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of WiMi Hologram's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Wimi Hologram Cloud Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wimi Hologram Cloud Stock:
Check out WiMi Hologram Altman Z Score, WiMi Hologram Correlation, WiMi Hologram Valuation, as well as analyze WiMi Hologram Alpha and Beta and WiMi Hologram Hype Analysis.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Movies & Entertainment 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 WiMi Hologram. If investors know WiMi 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 WiMi Hologram listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.80)
Earnings Share
(0.65)
Revenue Per Share
6.558
Quarterly Revenue Growth
0.098
Return On Assets
(0.09)
The market value of WiMi Hologram Cloud is measured differently than its book value, which is the value of WiMi that is recorded on the company's balance sheet. Investors also form their own opinion of WiMi Hologram's value that differs from its market value or its book value, called intrinsic value, which is WiMi Hologram'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 WiMi Hologram's market value can be influenced by many factors that don't directly affect WiMi Hologram'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 WiMi Hologram's value and its price as these two are different measures arrived at by different means. Investors typically determine if WiMi Hologram is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WiMi Hologram'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.