Energy Of Minas Stock Piotroski F Score

CIG-C Stock  USD 2.48  0.04  1.59%   
This module uses fundamental data of Energy Of to approximate its Piotroski F score. Energy Of F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Energy of Minas. 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 Energy Of financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Energy Of Altman Z Score, Energy Of Correlation, Energy Of Valuation, as well as analyze Energy Of Alpha and Beta and Energy Of Hype Analysis.
  
At present, Energy Of's Net Debt is projected to increase significantly based on the last few years of reporting. The current year's Short Term Debt is expected to grow to about 2.9 B, whereas Cash Flow To Debt Ratio is forecasted to decline to 0.36. At present, Energy Of's Free Cash Flow Yield is projected to increase slightly based on the last few years of reporting. The current year's Operating Cash Flow Per Share is expected to grow to 2.44, whereas Price To Sales Ratio is forecasted to decline to 0.64.
At this time, it appears that Energy Of'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..
5.0
Piotroski F Score - Unavailable
Current Return On Assets

Positive

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

Decrease

Focus
Long Term Debt Over Assets Change

Higher Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

No Change

Focus

Energy Of Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Energy Of is to make sure Energy is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Energy Of'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 Energy Of's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.110.1048
Sufficiently Up
Pretty Stable
Asset Turnover0.370.67
Way Down
Slightly volatile
Gross Profit Margin0.180.1852
Fairly Down
Slightly volatile
Net Debt9.5 B8.7 B
Significantly Up
Pretty Stable
Total Current Liabilities9.2 B13.1 B
Way Down
Pretty Stable
Non Current Liabilities Total15 B17.3 B
Fairly Down
Slightly volatile
Total Assets37.9 B55 B
Way Down
Slightly volatile
Total Current Assets9.2 B11.9 B
Significantly Down
Slightly volatile
Total Cash From Operating ActivitiesB6.6 B
Sufficiently Up
Slightly volatile

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

About Energy Of 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

4.67

At present, Energy Of's Book Value Per Share is projected to increase slightly based on the last few years of reporting.

Energy Of Current Valuation Drivers

We derive many important indicators used in calculating different scores of Energy Of from analyzing Energy Of's financial statements. These drivers represent accounts that assess Energy Of's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Energy Of's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap16.1B17.0B17.1B18.9B24.9B23.7B
Enterprise Value30.6B30.6B27.9B28.4B33.7B32.0B

About Energy Of Fundamental Analysis

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

Energy Of financial ratios help investors to determine whether Energy Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Energy with respect to the benefits of owning Energy Of security.