Edible Garden Ag Stock Piotroski F Score

EDBL Stock  USD 0.16  0.02  14.29%   
This module uses fundamental data of Edible Garden to approximate its Piotroski F score. Edible Garden F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Edible Garden AG. 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 Edible Garden financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Edible Garden Altman Z Score, Edible Garden Correlation, Edible Garden Valuation, as well as analyze Edible Garden Alpha and Beta and Edible Garden Hype Analysis.
  
At this time, Edible Garden's Short and Long Term Debt Total is quite stable compared to the past year. Net Debt is expected to rise to about 5.5 M this year, although the value of Long Term Debt will most likely fall to about 4.4 M. At this time, Edible Garden's Intangibles To Total Assets are quite stable compared to the past year. Current Ratio is expected to rise to 0.96 this year, although the value of PTB Ratio will most likely fall to (6.24).
At this time, it appears that Edible Garden'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..
4.0
Piotroski F Score - Unavailable
Current Return On Assets

Negative

Focus
Change in Return on Assets

Decreased

Focus
Cash Flow Return on Assets

Negative

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Decrease

Focus
Current Ratio Change

Increase

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Increase

Focus
Change in Gross Margin

Increase

Focus

Edible Garden Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Edible Garden is to make sure Edible is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Edible Garden'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 Edible Garden's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.472.1107
Way Down
Slightly volatile
Gross Profit Margin0.110.0585
Way Up
Slightly volatile
Net Debt5.5 MM
Significantly Up
Slightly volatile
Total Current Liabilities4.2 M2.9 M
Way Up
Slightly volatile
Non Current Liabilities Total4.1 MM
Fairly Up
Slightly volatile
Total Assets4.8 M6.7 M
Way Down
Slightly volatile
Total Current Assets1.8 M2.6 M
Way Down
Slightly volatile

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

About Edible Garden 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

(2.05)

At this time, Edible Garden's Book Value Per Share is quite stable compared to the past year.

About Edible Garden Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Edible Garden AG's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Edible Garden using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Edible Garden AG 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 Edible Garden AG is a strong investment it is important to analyze Edible Garden'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 Edible Garden's future performance. For an informed investment choice regarding Edible Stock, refer to the following important reports:
Check out Edible Garden Altman Z Score, Edible Garden Correlation, Edible Garden Valuation, as well as analyze Edible Garden Alpha and Beta and Edible Garden Hype Analysis.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Packaged Foods & Meats 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 Edible Garden. If investors know Edible 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 Edible Garden listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(18.61)
Revenue Per Share
21.628
Quarterly Revenue Growth
0.011
Return On Assets
(0.58)
Return On Equity
(6.03)
The market value of Edible Garden AG is measured differently than its book value, which is the value of Edible that is recorded on the company's balance sheet. Investors also form their own opinion of Edible Garden's value that differs from its market value or its book value, called intrinsic value, which is Edible Garden'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 Edible Garden's market value can be influenced by many factors that don't directly affect Edible Garden'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 Edible Garden's value and its price as these two are different measures arrived at by different means. Investors typically determine if Edible Garden is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Edible Garden'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.