Conifer Holdings, 975 Stock Piotroski F Score

CNFRZ Stock   21.90  0.10  0.45%   
This module uses fundamental data of Conifer Holdings, to approximate its Piotroski F score. Conifer Holdings, F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Conifer Holdings, 975. 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 Conifer Holdings, financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Conifer Holdings, Altman Z Score, Conifer Holdings, Correlation, Conifer Holdings, Valuation, as well as analyze Conifer Holdings, Alpha and Beta and Conifer Holdings, Hype Analysis.
  
At this time, Conifer Holdings,'s Short and Long Term Debt Total is fairly stable compared to the past year. Net Debt is likely to rise to about 16.1 M in 2024, whereas Short Term Debt is likely to drop slightly above 260.3 K in 2024. At this time, Conifer Holdings,'s Debt To Assets are fairly stable compared to the past year.
At this time, it appears that Conifer Holdings,'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

Negative

Focus
Change in Return on Assets

Increased

Focus
Cash Flow Return on Assets

Negative

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Increase

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

N/A

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

No Change

Focus

Conifer Holdings, Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Conifer Holdings, is to make sure Conifer is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Conifer Holdings,'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 Conifer Holdings,'s financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.440.3167
Significantly Up
Slightly volatile
Net Debt16.1 M13.9 M
Fairly Up
Slightly volatile
Total Current Liabilities48.3 M91.4 M
Way Down
Pretty Stable
Non Current Liabilities Total61.7 M106.6 M
Way Down
Slightly volatile
Total Assets253.7 M311.8 M
Significantly Down
Slightly volatile
Total Current Assets154 M90.2 M
Way Up
Slightly volatile

Conifer Holdings, 975 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 Conifer Holdings,'s different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Conifer Holdings, in a much-optimized way.

About Conifer Holdings, 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

0.22

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

Conifer Holdings, ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Conifer Holdings,'s sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Conifer Holdings,'s managers, analysts, and investors.
Environmental
Governance
Social

About Conifer Holdings, Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Conifer Holdings, 975's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Conifer Holdings, using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Conifer Holdings, 975 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 Conifer Stock Analysis

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