Diamond Estates Wines Stock Piotroski F Score

DWS Stock  CAD 0.23  0.01  4.55%   
This module uses fundamental data of Diamond Estates to approximate its Piotroski F score. Diamond Estates F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Diamond Estates Wines. 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 Diamond Estates financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Diamond Estates Wines. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
  
Net Debt is likely to climb to about 25.5 M in 2024, whereas Long Term Debt is likely to drop slightly above 16.6 M in 2024.
At this time, it appears that Diamond Estates' Piotroski F Score is Inapplicable. 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..
1.0
Piotroski F Score - Inapplicable
Current Return On Assets

N/A

Focus
Change in Return on Assets

N/A

Focus
Cash Flow Return on Assets

Negative

Focus
Current Quality of Earnings (accrual)

Decreasing

Focus
Asset Turnover Growth

N/A

Focus
Current Ratio Change

N/A

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Increase

Focus
Change in Gross Margin

N/A

Focus

Diamond Estates Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Diamond Estates is to make sure Diamond is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Diamond Estates' 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 Diamond Estates' financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Net Debt25.5 M21.2 M
Fairly Up
Slightly volatile
Total Current Liabilities22.8 M31.1 M
Way Down
Slightly volatile
Non Current Liabilities Total571.2 K601.2 K
Notably Down
Pretty Stable
Total Assets52.5 M52.6 M
Slightly Down
Slightly volatile
Total Current Assets26.9 M28.7 M
Notably Down
Slightly volatile

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

About Diamond Estates 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.

Long Term Debt

16.65 Million

At this time, Diamond Estates' Long Term Debt is fairly stable compared to the past year.

About Diamond Estates Fundamental Analysis

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

Thematic Opportunities

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Additional Tools for Diamond Stock Analysis

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