Digiasia Corp Stock Piotroski F Score

FAAS Stock   0.53  0.01  1.85%   
This module uses fundamental data of DigiAsia Corp to approximate its Piotroski F score. DigiAsia Corp F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of DigiAsia 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 DigiAsia Corp financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out DigiAsia Corp Altman Z Score, DigiAsia Corp Correlation, DigiAsia Corp Valuation, as well as analyze DigiAsia Corp Alpha and Beta and DigiAsia Corp Hype Analysis.
For more information on how to buy DigiAsia Stock please use our How to Invest in DigiAsia Corp guide.
  
At this time, DigiAsia Corp's Debt Equity Ratio is comparatively stable compared to the past year.
At this time, it appears that DigiAsia Corp'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..
2.0
Piotroski F Score - Frail
Current Return On Assets

Negative

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

DigiAsia Corp Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to DigiAsia Corp is to make sure DigiAsia is not a subject of accounting manipulations and runs a healthy internal audit department. So, if DigiAsia Corp'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 DigiAsia Corp's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.011.23
Significantly Down
Very volatile
Gross Profit Margin0.740.84
Fairly Down
Slightly volatile
Net Debt2.9 M2.9 M
Fairly Up
Slightly volatile
Total Current Liabilities6.1 MM
Fairly Up
Slightly volatile
Non Current Liabilities Total5.8 M9.5 M
Way Down
Slightly volatile
Total Assets31.2 M27.6 M
Moderately Up
Slightly volatile
Total Current Assets99.6 K104.9 K
Notably Down
Slightly volatile

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

About DigiAsia Corp 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

0.76

At this time, DigiAsia Corp's Book Value Per Share is comparatively stable compared to the past year.

About DigiAsia Corp Fundamental Analysis

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

Thematic Opportunities

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Additional Tools for DigiAsia Stock Analysis

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