Elementos Limited Stock Piotroski F Score

ELTLF Stock  USD 0.05  0.00  0.00%   
This module uses fundamental data of Elementos to approximate its Piotroski F score. Elementos F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Elementos Limited. 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 Elementos financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Elementos Altman Z Score, Elementos Correlation, Elementos Valuation, as well as analyze Elementos Alpha and Beta and Elementos Hype Analysis.
  
At this time, Elementos' Long Term Debt To Capitalization is most likely to slightly decrease in the upcoming years. At this time, Elementos' Capex To Revenue is most likely to decrease significantly in the upcoming years. The Elementos' current Income Quality is estimated to increase to 1.20, while PTB Ratio is projected to decrease to 1.15.
At this time, it appears that Elementos' 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..
2.0
Piotroski F Score - Frail
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

Decrease

Focus
Long Term Debt Over Assets Change

Higher Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

No Change

Focus

Elementos Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Elementos is to make sure Elementos is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Elementos' 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 Elementos' financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.00240.0025
Notably Down
Slightly volatile
Net Debt1.7 M1.9 M
Fairly Down
Slightly volatile
Total Current Liabilities794.2 K1.2 M
Way Down
Slightly volatile
Total Assets27.7 M26.4 M
Sufficiently Up
Slightly volatile
Total Current Assets2.3 M3.4 M
Way Down
Pretty Stable

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

About Elementos 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

0.0974

At this time, Elementos' Book Value Per Share is most likely to slightly decrease in the upcoming years.

Elementos Current Valuation Drivers

We derive many important indicators used in calculating different scores of Elementos from analyzing Elementos' financial statements. These drivers represent accounts that assess Elementos' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Elementos' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap10.0M54.3M66.3M29.6M24.2M13.9M
Enterprise Value12.1M50.3M60.1M26.2M24.7M26.0M

About Elementos Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Elementos Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Elementos using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Elementos Limited 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 Elementos Limited is a strong investment it is important to analyze Elementos' 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 Elementos' future performance. For an informed investment choice regarding Elementos Stock, refer to the following important reports:
Check out Elementos Altman Z Score, Elementos Correlation, Elementos Valuation, as well as analyze Elementos Alpha and Beta and Elementos Hype Analysis.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Diversified Metals & Mining 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 Elementos. If investors know Elementos 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 Elementos listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Revenue Growth
(0.56)
Return On Assets
(0.03)
Return On Equity
(0.06)
The market value of Elementos Limited is measured differently than its book value, which is the value of Elementos that is recorded on the company's balance sheet. Investors also form their own opinion of Elementos' value that differs from its market value or its book value, called intrinsic value, which is Elementos' 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 Elementos' market value can be influenced by many factors that don't directly affect Elementos' 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 Elementos' value and its price as these two are different measures arrived at by different means. Investors typically determine if Elementos is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Elementos' 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.