Fresh2 Group Stock Piotroski F Score

FRES Stock   1.39  0.08  6.11%   
This module uses fundamental data of Fresh2 to approximate its Piotroski F score. Fresh2 F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Fresh2 Group. 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 Fresh2 financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Fresh2 Altman Z Score, Fresh2 Correlation, Fresh2 Valuation, as well as analyze Fresh2 Alpha and Beta and Fresh2 Hype Analysis.
  
At this time, Fresh2's Short and Long Term Debt Total is comparatively stable compared to the past year. Net Debt is likely to gain to about 12.6 M in 2024, whereas Short Term Debt is likely to drop slightly above 5 M in 2024. At this time, Fresh2's Receivables Turnover is comparatively stable compared to the past year. Graham Number is likely to gain to 875.11 in 2024, despite the fact that PTB Ratio is likely to grow to (3.86).
At this time, it appears that Fresh2'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..
3.0
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

Increase

Focus
Long Term Debt Over Assets Change

N/A

Focus
Change In Outstending Shares

Increase

Focus
Change in Gross Margin

No Change

Focus

Fresh2 Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Fresh2 is to make sure Fresh2 is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Fresh2'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 Fresh2's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.190.27
Way Down
Slightly volatile
Gross Profit Margin0.420.62
Way Down
Slightly volatile
Net Debt12.6 M12 M
Sufficiently Up
Slightly volatile
Total Current Liabilities51.1 M48.6 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total9.2 M8.7 M
Sufficiently Up
Slightly volatile
Total Assets48.9 M46.5 M
Sufficiently Up
Slightly volatile
Total Current Assets16.5 M15.8 M
Sufficiently Up
Slightly volatile

Fresh2 Group 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 Fresh2's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Fresh2 in a much-optimized way.

About Fresh2 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

(53.73)

At this time, Fresh2's Book Value Per Share is comparatively stable compared to the past year.

About Fresh2 Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Fresh2 Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Fresh2 using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Fresh2 Group 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 Fresh2 Stock Analysis

When running Fresh2's price analysis, check to measure Fresh2'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 Fresh2 is operating at the current time. Most of Fresh2's value examination focuses on studying past and present price action to predict the probability of Fresh2's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fresh2's price. Additionally, you may evaluate how the addition of Fresh2 to your portfolios can decrease your overall portfolio volatility.