Digatrade Financial Corp Stock Piotroski F Score

DIGAF Stock  USD 0.0001  0.00  0.00%   
This module uses fundamental data of Digatrade Financial to approximate its Piotroski F score. Digatrade Financial F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Digatrade Financial Corp. 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 Digatrade Financial financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Digatrade Financial Altman Z Score, Digatrade Financial Correlation, Digatrade Financial Valuation, as well as analyze Digatrade Financial Alpha and Beta and Digatrade Financial Hype Analysis.
  
The Digatrade Financial's current Short and Long Term Debt is estimated to increase to about 288.1 K, while Long Term Debt is projected to decrease to roughly 13.1 K. At this time, Digatrade Financial's Average Payables is most likely to decrease significantly in the upcoming years. The Digatrade Financial's current Capex To Depreciation is estimated to increase to 508.01, while Book Value Per Share is projected to decrease to (0.0003).
At this time, it appears that Digatrade Financial'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..
3.0
Piotroski F Score - Frail
Current Return On Assets

Positive

Focus
Change in Return on Assets

Increased

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

No Change

Focus

Digatrade Financial Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Digatrade Financial is to make sure Digatrade is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Digatrade Financial'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 Digatrade Financial's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.290.31
Notably Down
Slightly volatile
Gross Profit Margin0.150.18
Fairly Down
Slightly volatile
Net Debt106.7 K112.3 K
Notably Down
Slightly volatile
Total Current Liabilities1.1 M978.3 K
Significantly Up
Slightly volatile
Total Assets334 K349.4 K
Sufficiently Down
Slightly volatile
Total Current Assets433.6 K349.4 K
Fairly Up
Slightly volatile

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

About Digatrade Financial 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

(3.3E-4)

At this time, Digatrade Financial's Book Value Per Share is most likely to increase significantly in the upcoming years.

Digatrade Financial Current Valuation Drivers

We derive many important indicators used in calculating different scores of Digatrade Financial from analyzing Digatrade Financial's financial statements. These drivers represent accounts that assess Digatrade Financial's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Digatrade Financial's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap667.6K454.3K5.7M7.5M6.8M3.8M
Enterprise Value822.6K584.0K5.8M7.6M6.9M3.9M

About Digatrade Financial Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Digatrade Financial Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Digatrade Financial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Digatrade Financial Corp 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 Digatrade Financial Corp is a strong investment it is important to analyze Digatrade Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Digatrade Financial's future performance. For an informed investment choice regarding Digatrade Stock, refer to the following important reports:
Check out Digatrade Financial Altman Z Score, Digatrade Financial Correlation, Digatrade Financial Valuation, as well as analyze Digatrade Financial Alpha and Beta and Digatrade Financial Hype Analysis.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is IT Consulting & Other Services 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 Digatrade Financial. If investors know Digatrade 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 Digatrade Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Assets
(0.67)
The market value of Digatrade Financial Corp is measured differently than its book value, which is the value of Digatrade that is recorded on the company's balance sheet. Investors also form their own opinion of Digatrade Financial's value that differs from its market value or its book value, called intrinsic value, which is Digatrade Financial'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 Digatrade Financial's market value can be influenced by many factors that don't directly affect Digatrade Financial'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 Digatrade Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Digatrade Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Digatrade Financial'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.