Noco Noco Ordinary Share Stock Piotroski F Score

NCNC Stock   0.10  0.03  19.31%   
This module uses fundamental data of Noco Noco to approximate its Piotroski F score. Noco Noco F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of noco noco Ordinary Share. 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 Noco Noco financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Noco Noco Altman Z Score, Noco Noco Correlation, Noco Noco Valuation, as well as analyze Noco Noco Alpha and Beta and Noco Noco Hype Analysis.
  
As of November 22, 2024, Short and Long Term Debt Total is expected to decline to about 121.7 K. In addition to that, Net Debt is expected to decline to about 119.2 K. At present, Noco Noco's Cash Per Share is projected to increase slightly based on the last few years of reporting. The current year's ROE is expected to grow to 4.31, whereas PTB Ratio is forecasted to decline to (335.99).
At this time, it appears that Noco Noco'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
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)

Improving

Focus
Asset Turnover Growth

No Change

Focus
Current Ratio Change

Increase

Focus
Long Term Debt Over Assets Change

N/A

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

No Change

Focus

Noco Noco Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Noco Noco is to make sure Noco is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Noco Noco'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 Noco Noco's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Total Current Liabilities933.2 K684.4 K
Significantly Up
Slightly volatile
Non Current Liabilities Total4.4 M4.2 M
Sufficiently Up
Slightly volatile
Total Assets528.2 K794.9 K
Way Down
Pretty Stable
Total Current Assets336.7 K524.3 K
Way Down
Slightly volatile

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

About Noco Noco 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

(0.0358)

At present, Noco Noco's Book Value Per Share is projected to slightly decrease based on the last few years of reporting.

About Noco Noco Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze noco noco Ordinary Share's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Noco Noco using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of noco noco Ordinary Share 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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When determining whether noco noco Ordinary offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Noco Noco's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Noco Noco Ordinary Share Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Noco Noco Ordinary Share Stock:
Check out Noco Noco Altman Z Score, Noco Noco Correlation, Noco Noco Valuation, as well as analyze Noco Noco Alpha and Beta and Noco Noco Hype Analysis.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Automotive Parts & Equipment 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 Noco Noco. If investors know Noco 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 Noco Noco listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.15)
Return On Assets
(25.07)
The market value of noco noco Ordinary is measured differently than its book value, which is the value of Noco that is recorded on the company's balance sheet. Investors also form their own opinion of Noco Noco's value that differs from its market value or its book value, called intrinsic value, which is Noco Noco'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 Noco Noco's market value can be influenced by many factors that don't directly affect Noco Noco'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 Noco Noco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Noco Noco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Noco Noco'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.