| LITM Stock | | | USD 0.21 0.01 4.55% |
This module uses fundamental data of Snow Lake to approximate its Piotroski F score. Snow Lake F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Snow Lake Resources. 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 Snow Lake financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out
Snow Lake Altman Z Score,
Snow Lake Correlation,
Snow Lake Valuation, as well as analyze
Snow Lake Alpha and Beta and
Snow Lake Hype Analysis.
At this time, Snow Lake's
Short and Long Term Debt is very stable compared to the past year. As of the 23rd of November 2024,
Net Debt To EBITDA is likely to grow to 0.28, while
Short and Long Term Debt Total is likely to drop about 29.6
K. At this time, Snow Lake's
Graham Number is very stable compared to the past year. As of the 23rd of November 2024,
Capex Per Share is likely to grow to 0.50, while
Book Value Per Share is likely to drop 0.74.
At this time, it appears that Snow Lake's Piotroski F Score is Healthy. 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..
5.0
Piotroski F Score - Healthy
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Snow Lake Piotroski F Score Drivers
The critical factor to consider when applying the Piotroski F Score to Snow Lake is to make sure Snow is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Snow Lake'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 Snow Lake's financial numbers are properly reported.
Snow Lake Resources 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 Snow Lake's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Snow Lake in a much-optimized way.
Click cells to compare fundamentals
About Snow Lake 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.
Snow Lake Current Valuation Drivers
We derive many important indicators used in calculating different scores of Snow Lake from analyzing Snow Lake's financial statements. These drivers represent accounts that assess Snow Lake's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Snow Lake's important valuation drivers and their relationship over time.
About Snow Lake Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Snow Lake Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Snow Lake using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at
the intrinsic value of Snow Lake Resources 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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Try AI Portfolio ArchitectWhen determining whether Snow Lake Resources is a strong investment it is important to analyze Snow Lake'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 Snow Lake's
future performance.
For an informed investment choice regarding Snow Stock, refer to the following important reports: 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 Snow Lake. If investors know Snow 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 Snow Lake listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share | Return On Assets | Return On Equity |
The market value of Snow Lake Resources is measured differently than its book value, which is the value of Snow that is recorded on the company's balance sheet. Investors also form their own opinion of Snow Lake's value that differs from its market value or its book value, called intrinsic value, which is Snow Lake'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 Snow Lake's market value can be influenced by many factors that don't directly affect Snow Lake'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 Snow Lake's value and its price as these two are different measures arrived at by different means. Investors typically determine
if Snow Lake is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Snow Lake'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.