Mangalam Organics Limited Stock Piotroski F Score

MANORG Stock   454.90  9.25  1.99%   
This module uses fundamental data of Mangalam Organics to approximate its Piotroski F score. Mangalam Organics F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Mangalam Organics 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 Mangalam Organics financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mangalam Organics Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
  
At present, Mangalam Organics' Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting. The current year's Net Debt is expected to grow to about 1.8 B, whereas Short and Long Term Debt is forecasted to decline to about 990.6 M.
At this time, it appears that Mangalam Organics' 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

N/A

Focus
Change in Return on Assets

N/A

Focus
Cash Flow Return on Assets

Positive

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

N/A

Focus
Current Ratio Change

N/A

Focus
Long Term Debt Over Assets Change

Higher Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

N/A

Focus

Mangalam Organics Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Mangalam Organics is to make sure Mangalam is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Mangalam Organics' 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 Mangalam Organics' financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Net Debt1.8 B1.7 B
Sufficiently Up
Slightly volatile
Total Current Liabilities959 M1.8 B
Way Down
Slightly volatile
Non Current Liabilities Total232.4 M239.5 M
Sufficiently Down
Slightly volatile
Total Assets2.5 B4.9 B
Way Down
Slightly volatile
Total Current Assets1.5 B2.3 B
Way Down
Slightly volatile

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

About Mangalam Organics 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.

Short Long Term Debt Total

1.82 Billion

At present, Mangalam Organics' Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting.

About Mangalam Organics Fundamental Analysis

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

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Other Information on Investing in Mangalam Stock

Mangalam Organics financial ratios help investors to determine whether Mangalam Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Mangalam with respect to the benefits of owning Mangalam Organics security.