| CVGI Stock | | | USD 2.42 0.01 0.41% |
This module uses fundamental data of Commercial Vehicle to approximate its Piotroski F score. Commercial Vehicle F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Commercial Vehicle Group. 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 Commercial Vehicle financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out
Commercial Vehicle Altman Z Score,
Commercial Vehicle Correlation,
Commercial Vehicle Valuation, as well as analyze
Commercial Vehicle Alpha and Beta and
Commercial Vehicle Hype Analysis.
As of now, Commercial Vehicle's
Long Term Debt Total is decreasing as compared to previous years. The Commercial Vehicle's current
Debt To Equity is estimated to increase to 0.86, while
Short Term Debt is projected to decrease to under 16.8
M. As of now, Commercial Vehicle's
Stock Based Compensation To Revenue is increasing as compared to previous years. The Commercial Vehicle's current
PB Ratio is estimated to increase to 1.41, while
Days Sales Outstanding is projected to decrease to 43.39.
At this time, it appears that Commercial Vehicle's Piotroski F Score is Poor. 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..
4.0
Piotroski F Score - Poor
| Change in Return on Assets | |
| Cash Flow Return on Assets | |
| Current Quality of Earnings (accrual) | |
| Long Term Debt Over Assets Change | Higher Leverage| Focus | |
| Change In Outstending Shares | |
Commercial Vehicle Piotroski F Score Drivers
The critical factor to consider when applying the Piotroski F Score to Commercial Vehicle is to make sure Commercial is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Commercial Vehicle'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 Commercial Vehicle's financial numbers are properly reported.
Commercial Vehicle 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 Commercial Vehicle's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Commercial Vehicle in a much-optimized way.
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About Commercial Vehicle 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.
Commercial Vehicle 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, Commercial Vehicle's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Commercial Vehicle's managers, analysts, and investors.
About Commercial Vehicle Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Commercial Vehicle Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Commercial Vehicle using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at
the intrinsic value of Commercial Vehicle Group 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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When determining whether Commercial Vehicle
offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Commercial Vehicle'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 Commercial Vehicle Group Stock.
Outlined below are crucial reports that will aid in making a well-informed decision on Commercial Vehicle Group Stock: Is Construction Machinery & Heavy Transportation Equipment 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 Commercial Vehicle. If investors know Commercial 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 Commercial Vehicle 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 | Earnings Share | Revenue Per Share | Quarterly Revenue Growth | Return On Assets |
The market value of Commercial Vehicle is measured differently than its book value, which is the value of Commercial that is recorded on the company's balance sheet. Investors also form their own opinion of Commercial Vehicle's value that differs from its market value or its book value, called intrinsic value, which is Commercial Vehicle'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 Commercial Vehicle's market value can be influenced by many factors that don't directly affect Commercial Vehicle'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 Commercial Vehicle's value and its price as these two are different measures arrived at by different means. Investors typically determine
if Commercial Vehicle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Commercial Vehicle'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.