Ese Entertainment Stock Piotroski F Score

ESE Stock  CAD 0.07  0.01  6.67%   
This module uses fundamental data of ESE Entertainment to approximate its Piotroski F score. ESE Entertainment F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of ESE Entertainment. 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 ESE Entertainment 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 ESE Entertainment. 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.
  
At this time, ESE Entertainment's Net Debt is fairly stable compared to the past year. Debt To Equity is likely to climb to 1.54 in 2024, whereas Short Term Debt is likely to drop slightly above 2.1 M in 2024. At this time, ESE Entertainment's Shareholders Equity Per Share is fairly stable compared to the past year.
At this time, it appears that ESE Entertainment's 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..
3.0
Piotroski F Score - Inapplicable
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

Lower Leverage

Focus
Change In Outstending Shares

Increase

Focus
Change in Gross Margin

Increase

Focus

ESE Entertainment Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to ESE Entertainment is to make sure ESE is not a subject of accounting manipulations and runs a healthy internal audit department. So, if ESE Entertainment'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 ESE Entertainment's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.21.89
Way Down
Slightly volatile
Total Current Liabilities4.1 M7.4 M
Way Down
Slightly volatile
Total Assets8.7 M10.5 M
Significantly Down
Slightly volatile
Total Current Assets4.4 M5.3 M
Fairly Down
Slightly volatile

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

About ESE Entertainment 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

0.0625

At this time, ESE Entertainment's Book Value Per Share is fairly stable compared to the past year.

ESE Entertainment Current Valuation Drivers

We derive many important indicators used in calculating different scores of ESE Entertainment from analyzing ESE Entertainment's financial statements. These drivers represent accounts that assess ESE Entertainment's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of ESE Entertainment's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Enterprise Value746.0K5.9M64.5M8.5M7.6M12.9M

About ESE Entertainment Fundamental Analysis

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

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